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Rumors of majors' death are exaggerated. (Op-Ed).

Publication: Business Travel News
Publication Date: 20-JAN-03 		Format: Online - approximately 761 words
Delivery: Immediate Online Access

Article Excerpt
No doubt the majors are in trouble, but will they disintegrate as the traditional option for managed reimbursed corporate travel? There are reasons that might lead to that conclusion:

* Low-cost carriers thrive while the majors bleed cash daily, exacerbated by their pattern of self-destructive pricing

* Majors may not escape their tether to organized labor

* Majors cannot resolve their battle against the GDSs, so managed travel continues to face erosion from Web sites that lure travelers with lower fares than the corporate deals, a vicious downward cycle ending with loss of corporate control and less share for majors

* Capacity reductions and frequency cuts further induce use of low-cost carriers, as...



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