ABSTRACT
The dramatic developments that have taken place in air transport in the recent past at the regulatory level and the level of the firm have been interpreted as evidence that the industry is experiencing globalization. Louis Gialloreto of Canadian Airlines gave notice in 1988 that ‘the global war begins’, while Daniel Kasper, an airline analyst, predicted in the same year that:
By the year 2000, and perhaps sooner, most of the free world’s air services are likely to be provided by a score of large multinational airlines competing on a global scale… [C]areful analysis will show that the emergence of a global airline industry by the turn of the century is neither far-fetched nor unrealistic but rather the natural and, I believe, predictable result of fundamental economic and political forces now at work in the world economy.
(1988:1)