Analysis of the 1992–1996 period shows that every player in the air transport chain is far more profitable than the airlines, who collect and pass through fees and revenues to them from ticket sales. While airlines as a whole earned 6% return on capital employed (2–3.5% less than the cost of capital), airports earned 10%, catering companies 10–13%, handling companies 11–14%, aircraft lessors 15%, aircraft manufacturers 16%, and global distribution companies more than 30%. (Source: Spinetta, 2000, quoted in Doganis, 2002)
Where to stay in Patmos: Archontariki is a gorgeous, five-suite hideaway in Chora. If money is no object and privacy is paramount, Serendipity has the most exclusive villas. . Petra, an 11-suite resort overlooking Grikos bay, is run by a charming local family who treat guests like friends (plying them freshly baked sweet cheese pies). It’s where Jean-Paul Gaultier prefers to stay.
As you head south, high-rise resorts give way to stretches of golden sand, such as Glystra, Tsambika, and Fourni. Inland, you'll find alpine forests (Mount Attavyros), hilltop castles (Monolithos), faded frescoes (Agios Nikolaos Foundoukli) and ancient ruins (Kamiros). Marooned on the southern tip, Prasonisi is a powdery peninsula where the Aegean meets the Mediterranean. One side is calm, the other choppy - a metaphor for this island of two halves.
The 1978 U.S. airline industry deregulation lowered federally controlled barriers for new airlines just as a downturn in the nation's economy occurred. New start-ups entered during the downturn, during which time they found aircraft and funding, contracted hangar and maintenance services, trained new employees, and recruited laid-off staff from other airlines.

Yachts moor in the deep, sheltered harbour of Vathy, or Kioni, a miniature port where you’ll find Spavento, the perfect pier-side café-bar. Go any time of day or night for ice-cream sundaes, excellent cocktails, and a soundtrack to make your heart sing. Ideal for low-key family holidays or retreats, rugged little Ithaca is somewhere you can still disappear.

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