Karthik Shashidhar

18%
Flag icon
In exchange, the B-scale, market-rate costs allowed him to expand, buying more planes. The expansion meant more jobs and promotion opportunities, which the unions liked. The expansion lowered American’s average labor costs to a breakeven point where the benefits of being big, with more reach, could make up for the startups’ lower costs but smaller reach.
Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries
Rate this book
Clear rating
Open Preview