Tag: failure

Why Has Air France’s Joon Airline for Millennials Failed?

Reading Time: 2 minutes A one-ear-old Joon, Air France’s subsidiary airline which target is millennials, has fallen short of parent airline’s expectations. Recently, Air France has announced about closing Joon and integrating it into Air France.  The ambitious airline is aimed at “the millennials (18 to 35 year-olds), whose lifestyles revolve around digital technology”. According to the initial concept, Joon […]

Etihad Posts $1.5 Billion Loss for 2017 on Partners’ Failures

Reading Time: 2 minutes Etihad Airways improved its core operating performance by 22% in 2017, despite facing challenges including significant fuel cost increases, the entry into administration of its equity partners Alitalia and airberlin, and initial investment in a comprehensive business transformation programme. The airline increased revenues from core operations by 1.9% to US$ 6.1 billion (2016: US$ 5.9 billion), […]