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JetBlue Acquires Spirit Airlines: Will Straddling Work?

Michael Roberto

Source: Getty Images The bidding war for Spirit Airlines has ended. The combined airline will have 458 planes—up from JetBlue’s fleet of just over 280 jets now—and will have over 300 more on order. Historically, firms in the airline industry has struggled to be consistently profitable. It's a fascinating question.

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Strong Airline Profitability? Is it Really About Fees?

Michael Roberto

Source: Dallas News For decades, the airline industry has been characterized by abysmal profits. The list of airline bankruptcies is seemingly endless. However, the Wall Street Journal reports this week that U.S. airline industry profitability is very strong at the moment - "healthier than ever" according to the headline.

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Virgin just invested in new supersonic jets which travel faster than Concorde

Idea to Value

hours, yet would be cheap enough to run that they would be economically competitive with normal airlines taking more than twice as long. Boom has also reportedly signed a $2 billion (£1.4bn) deal with an unnamed London airline to help it develop its own planes. “This isn’t science fiction, we are actually doing this.

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The Hard-to-Abate sectors need innovation solutions to reach Net-Zero Co2 Emissions

Paul Hobcraft

The other is Net-zero carbon emissions The IPCC demonstrates in its most recent report of 2018 that net emissions must be reduced to zero to stabilize global temperatures. The report also states that any scenario that does not involve a reduction to zero will not stop climate change. Therefore, there will be no energy transition.

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The Importance of Casting a Wide Net While Innovating

Qmarkets

Read on to discover innovation best practices from Robert's experience working at a range of renowned companies, including Citibank, Delta Airlines, and most recently Southwest Airlines. His Doctorate degree (2012) in Management focused learning in the areas of organizational change, leadership theory, and strategy.

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Can You Afford Your Legacy System?

Daniel Burrus

In another blog , I noted how outdated technology grounded thousands of aircraft for both Southwest and Delta Airlines. In a more recent episode, British bank Tesco shut down online banking in early November after 40,000 accounts were compromised, with half of them being hit by fraudulent transactions by hackers.

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Building a Business Case for Innovation Management – Why Now?

Qmarkets

However, I have recently been seeing reports of many businesses going into survival mode; choosing not to invest in innovation and instead save precious resources. If these airlines had not innovated quickly in response to the crisis – would they have fared so well? The Opportunity in Crisis – Now or Never?