It’s best to visit Greek islands within the same group. For example, I wouldn’t recommend visiting Corfu and Santorini on the same trip as they’re on opposite sides of the country. Instead, visit islands in the same island group: the Cyclades, the Sporades, the Dodecanese, the Ionian, the Saronic, and the Northeastern Aegean. For one, they’re close to each other. And two, they have frequent ferry connections with each other. For first time visitors to Greece, the Cyclades make the most natural and convenient introduction.
Major airlines dominated their routes through aggressive pricing and additional capacity offerings, often swamping new start-ups. In the place of high barriers to entry imposed by regulation, the major airlines implemented an equally high barrier called loss leader pricing.[38] In this strategy an already established and dominant airline stomps out its competition by lowering airfares on specific routes, below the cost of operating on it, choking out any chance a start-up airline may have. The industry side effect is an overall drop in revenue and service quality.[39] Since deregulation in 1978 the average domestic ticket price has dropped by 40%.[40] So has airline employee pay. By incurring massive losses, the airlines of the USA now rely upon a scourge of cyclical Chapter 11 bankruptcy proceedings to continue doing business.[41] America West Airlines (which has since merged with US Airways) remained a significant survivor from this new entrant era, as dozens, even hundreds, have gone under.
Codesharing is the most common type of airline partnership; it involves one airline selling tickets for another airline's flights under its own airline code. An early example of this was Japan Airlines' (JAL) codesharing partnership with Aeroflot in the 1960s on Tokyo–Moscow flights; Aeroflot operated the flights using Aeroflot aircraft, but JAL sold tickets for the flights as if they were JAL flights. This practice allows airlines to expand their operations, at least on paper, into parts of the world where they cannot afford to establish bases or purchase aircraft. Another example was the Austrian–Sabena partnership on the Vienna–Brussels–New York/JFK route during the late '60s, using a Sabena Boeing 707 with Austrian livery.
Described as the Philippines’ last frontier, Palawan boasts not one but two UNESCO World Heritage sites: Tubbataha Reefs Natural Park (don your dive gear), and the Puerto-Princesa Subterranean River National Park (climb in a canoe for a guided tour). Striking limestone formations like Ugong Rock and Karst Mountain Elephant Cave rise starkly from the rice fields of the interior. You can even find overwater bungalows on outlying islands, courtesy of El Nido Resorts.
Who hasn’t been spellbound by images of Capri’s electric Blue Grotto? This glowing sea cave impresses even veteran globetrotters — and it’s only the beginning of the island’s marvels. Ash-white limestone cliffs, hidden slivers of beach, a towering natural arch: It’s no wonder Capri has been a tourist hub since ancient Roman times. Tip: Climb up to the ruins of Emperor Tiberius’ Villa Jovis, circa A.D. 27, for a heart-stopping vista.
Tinos has more than 50 villages, each vying to be fairest of them all. In Pyrgos, famous for its marble craftsmen, sculpted birds and flowers decorate every doorway. In Volax, basket weavers squat outside cottages carved from giant boulders, seemingly flung from the heavens by Zeus in a fit of pique. There's even a village called 'love’, Agapi, where you can tuck into wild-fennel fritters at the only taverna. Tinos takes its food culture seriously: there are artichoke, caper and honey festivals. For a perfect meal in perfect surroundings, go for cuttlefish risotto and octopus caramelised in grape must at Thalassaki, served on the jetty in Isternia bay, then watch dusk bleed into the horizon from Exomeria bar.
Although Philippine Airlines (PAL) was officially founded on February 26, 1941, its license to operate as an airliner was derived from merged Philippine Aerial Taxi Company (PATCO) established by mining magnate Emmanuel N. Bachrach on December 3, 1930, making it Asia's oldest scheduled carrier still in operation.[52] Commercial air service commenced three weeks later from Manila to Baguio, making it Asia's first airline route. Bachrach's death in 1937 paved the way for its eventual merger with Philippine Airlines in March 1941 and made it Asia's oldest airline. It is also the oldest airline in Asia still operating under its current name.[53] Bachrach's majority share in PATCO was bought by beer magnate Andres R. Soriano in 1939 upon the advice of General Douglas MacArthur and later merged with newly formed Philippine Airlines with PAL as the surviving entity. Soriano has controlling interest in both airlines before the merger. PAL restarted service on March 15, 1941, with a single Beech Model 18 NPC-54 aircraft, which started its daily services between Manila (from Nielson Field) and Baguio, later to expand with larger aircraft such as the DC-3 and Vickers Viscount.
In the 1990s, "open skies" agreements became more common. These agreements take many of these regulatory powers from state governments and open up international routes to further competition. Open skies agreements have met some criticism, particularly within the European Union, whose airlines would be at a comparative disadvantage with the United States' because of cabotage restrictions.
The delicate Great Barrier Reef is the earth’s most extensive coral-reef system, supporting more than 1,600 species of fish, along with whales, rays, octopuses, dolphins and more. Nestled in the heart of this world wonder are the 74 Whitsunday Islands, all but four of which are protected national parklands. Bask in luxury at a high-end resort like Hamilton Island, and book a seaplane or helicopter flight to admire sights like Heart Reef and the swirling silica sands of Whitehaven Beach’s Hill Inlet.
I’m a little worried I’ll get bored in Milos. My husband likes to stay in one place, but I like exploring. We would have split our time more evenly but we want to stay on the caldera and it’s just too expensive to stay any longer than two or three nights. Alternatively, we could stay in Santorini for longer but move to a cheaper hotel. Perhaps Santorini 6 nights and Milos 6 nights?
With so much on offer, choosing where to go island hopping along the Adriatic Coast can be tough. Maybe you want gastronomic delights, perhaps you want to party all night long? Or it is that you simply want a sandy beach? Do you want to sail to the islands or ferry from mainland? The various and varied Croatia islands offer culture, nightlife, history and of course relaxation. Find out which one is perfect for you in this Croatian islands guide.
Despite continuing efficiency improvements from the major aircraft manufacturers, the expanding demand for global air travel has resulted in growing greenhouse gas (GHG) emissions. Currently, the aviation sector, including US domestic and global international travel, make approximately 1.6 percent of global anthropogenic GHG emissions per annum. North America accounts for nearly 40 percent of the world's GHG emissions from aviation fuel use.[79]
Islets of Proizd and Ošjak: Visit the islets of Proizd (a famous beach in the area) and Ošjak – two of the most visited destinations in the area. Proizd is a small island that can be reached by a small excursion boat featuring three beautiful beaches with turquoise waters, several walking trails and a small restaurant and cafe. A day trip to this island is highly recommended. Ošjak is known as the Love island because of its beautiful nature, peaceful surrounding, and tranquillity. Enjoy swimming in unspoiled waters, walking through a dense pine forest and exploring an interesting cave.
Sarah-Jane — Thanks for another helpful article (this one on planning an island-hopping trip). Chasingthedonkey.com is a great website and my first go-to place for information on Croatia. I have scheduled my third 3-month-long stay and still have so much to do and see in Croatia. Personally, my favorite times to visit are in the “shoulder” seasons …. September-November and March-May.

Yes, it’s possible. Get the SeaJet ferry from Athens to Mykonos. It should arrive at 9:30am or shortly after. You’ll have to hurry to store you’re luggage at the Sea and Sky travel agency across from the Old Port and then buy tickets for Delos. The last ferry to Delos leaves at 11am or maybe 11:30am. Ferry to Delos is about 30 minutes. Last ferry back is at 3pm which will give you plenty of time before the last ferry of the day to Naxos (at 6:15pm on SeaJet). All the ferries mention here use the Old Port. Don’t book any ferries that use the New Port or you’ll have trouble making the connections. 

I’m a little worried I’ll get bored in Milos. My husband likes to stay in one place, but I like exploring. We would have split our time more evenly but we want to stay on the caldera and it’s just too expensive to stay any longer than two or three nights. Alternatively, we could stay in Santorini for longer but move to a cheaper hotel. Perhaps Santorini 6 nights and Milos 6 nights?
The first German airline to use heavier than air aircraft was Deutsche Luft-Reederei established in 1917 which started operating in February 1919. In its first year, the D.L.R. operated regularly scheduled flights on routes with a combined length of nearly 1000 miles. By 1921 the D.L.R. network was more than 3000 km (1865 miles) long, and included destinations in the Netherlands, Scandinavia and the Baltic Republics. Another important German airline was Junkers Luftverkehr, which began operations in 1921. It was a division of the aircraft manufacturer Junkers, which became a separate company in 1924. It operated joint-venture airlines in Austria, Denmark, Estonia, Finland, Hungary, Latvia, Norway, Poland, Sweden and Switzerland.
Airlines often have a strong seasonality, with traffic low in Winter and peaking in Summer. In Europe the most extreme market are the Greek islands with July/August having more than ten times the winter traffic, as Jet2 is the most seasonal among low-cost carriers with July having seven times the January traffic, whereas legacy carriers are much less with only 85/115% variability.[73]
My husband and I are heading to Greece in July this year. We fly into Athens and then are connecting to Samos where we are meeting up for a friend’s 50th birthday celebration. We have 4 nights here and then another week to explore some other islands. We would love to visit Santorini although I know it is not close to Samos so not sure if that is the best option? We thought about Paros or Naxos for 3nts, and then Santorini for another 3nts. Then fly back to Athens and spend a couple of days here before we head for Dubrovnik. Do you know if there are ferries between these Island points and would that be the best use of our time? I guess we don’t want to waste too much time travelling between points! We are just playing around with ideas at the moment as Samos is the only part set in stone. Open to any suggestions as this is my husband’s first trip to Greece and my last trip here was with my parents about 35 years ago!
The advent of advanced computerized reservations systems in the late 1970s, most notably Sabre, allowed airlines to easily perform cost-benefit analyses on different pricing structures, leading to almost perfect price discrimination in some cases (that is, filling each seat on an aircraft at the highest price that can be charged without driving the consumer elsewhere).
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Although Philippine Airlines (PAL) was officially founded on February 26, 1941, its license to operate as an airliner was derived from merged Philippine Aerial Taxi Company (PATCO) established by mining magnate Emmanuel N. Bachrach on December 3, 1930, making it Asia's oldest scheduled carrier still in operation.[52] Commercial air service commenced three weeks later from Manila to Baguio, making it Asia's first airline route. Bachrach's death in 1937 paved the way for its eventual merger with Philippine Airlines in March 1941 and made it Asia's oldest airline. It is also the oldest airline in Asia still operating under its current name.[53] Bachrach's majority share in PATCO was bought by beer magnate Andres R. Soriano in 1939 upon the advice of General Douglas MacArthur and later merged with newly formed Philippine Airlines with PAL as the surviving entity. Soriano has controlling interest in both airlines before the merger. PAL restarted service on March 15, 1941, with a single Beech Model 18 NPC-54 aircraft, which started its daily services between Manila (from Nielson Field) and Baguio, later to expand with larger aircraft such as the DC-3 and Vickers Viscount.
They are packaged tourist places, though not quite in the extreme league of the north coast of Crete, but certainly they look to the ‘managed’ traveller more than the individual. September is a good time, though the start of September is still pretty close to high season and you will need to make bookings in advance. The waters of the Ionian are a bit chillier than the Aegean, but the islands sport some very spectacular beaches and seaside resorts. They are very popular with Italian travellers in their boats and motorhomes.

Yes, I would agree that 8 or 9 days is too long for Naxos – unless you’re happy sitting at the beach for several of those days. But if you’re looking to be semi-active and explore then you’d be best to add Paros and spend 4/5 days on each. Crete, on the other hand, would be perfect for an 8/9 day road trip. Start in Heraklion (where the ferry arrives from Santorini) head east and then south and finally ending up in the western town of Chania where you can fly up home from.


Located in southern Thailand, this semi-off-the-map island is one of my favorites and the month I spent here remains one of my most fond memories. Here on Ko Lipe, the super-friendly locals bring in the daily catch for amazing seafood, as the island’s water is teeming with life. Accommodation is still basic, and most places turn off the electricity around midnight.
Where to stay in Zante: Porto Zante, eight villas with five-star facilities, set above a pristine bay of finely raked sand, is kitted out for kids of all ages: there's a playground, mini-golf, and every water-sport under the sun. The sociable Peligoni Club is especially good for toddlers and teens: the crèche is run by qualified nannies and over-13s have their own bar, serving milkshakes and mocktails. Zante Maris Suites, as well as the new Olea All Suite Hotel just next door, are both squarely aimed at adults, with a haute hippie vibe. Kids over 12 are welcome.
Following World War I, the United States found itself swamped with aviators. Many decided to take their war-surplus aircraft on barnstorming campaigns, performing aerobatic maneuvers to woo crowds. In 1918, the United States Postal Service won the financial backing of Congress to begin experimenting with air mail service, initially using Curtiss Jenny[26] aircraft that had been procured by the United States Army Air Service. Private operators were the first to fly the mail but due to numerous accidents the US Army was tasked with mail delivery. During the Army's involvement they proved to be too unreliable and lost their air mail duties.[27] By the mid-1920s, the Postal Service had developed its own air mail network, based on a transcontinental backbone between New York City and San Francisco.[28] To supplement this service, they offered twelve contracts for spur routes to independent bidders. Some of the carriers that won these routes would, through time and mergers, evolve into Pan Am, Delta Air Lines, Braniff Airways, American Airlines, United Airlines (originally a division of Boeing), Trans World Airlines, Northwest Airlines, and Eastern Air Lines.
Moreover, the industry is structured so that airlines often act as tax collectors. Airline fuel is untaxed because of a series of treaties existing between countries. Ticket prices include a number of fees, taxes and surcharges beyond the control of airlines. Airlines are also responsible for enforcing government regulations. If airlines carry passengers without proper documentation on an international flight, they are responsible for returning them back to the original country. 

Each operator of a scheduled or charter flight uses an airline call sign when communicating with airports or air traffic control centres. Most of these call-signs are derived from the airline's trade name, but for reasons of history, marketing, or the need to reduce ambiguity in spoken English (so that pilots do not mistakenly make navigational decisions based on instructions issued to a different aircraft), some airlines and air forces use call-signs less obviously connected with their trading name. For example, British Airways uses a Speedbird call-sign, named after the logo of its predecessor, BOAC, while SkyEurope used Relax.
Barbados is a vibrant island with a great nightlight. Bridgetown is one of the nightlife capitals of the area, so if you’re looking to stay up until the wee hours then this might be the island for you! Like Bermuda, you’ll find amazing beaches and caving here. You’ll also find some world-class surfing. The food here is amazing, and you’ll be able to enjoy expensive, delicious meals alongside cheap local food.
The nearest beach is Livadi, a sort-of-resort surrounded by citrus orchards. The rest of the island is stark and wild. Treacherous tracks hurtle down to shingle bays such as Vatses, with a rocking beach bar, and Kaminakia, where Linda's farm-to-table taverna serves the best roast goat in the Dodecanese. If you really want to be alone, rent a motorboat from Maltezana, an old-time fishing village, and putter to Koutsomiti and Kounoupes, tiny islands connected by a double-sided beach. At Vathy, a lagoon where erotic graffiti was etched into the rocks 2,500 years ago, the only taverna is called Galini (Peace). Which sums up Astypalea perfectly.
Crete, Santorini, and Naxos look quite doable within the 12-day block, but Crete’s beaches are scattered throughout a very LARGE island, Santorini really only has Kamari and Perissá (and some southern coast bays) and Naxos does have nice places to swim. If you choose only to visit those three islands in your relatively short time, you will do well.
With the exception of Elounda - a pocket of bling popular with oligarchs - the north-east coast is scarred by over-development. Instead head south, where there are miles of empty sand dunes, sprinkled with simple yoga retreats such as Yoga Rocks at Triopetra and Yoga Plus at Agios Pavlos. Or take a back-to-nature break with Wild Fitness at Milia, a 17th-centruy hamlet powered entirely by solar energy. Time slows almost to a standstill in the mountain villages, where locals with formidable whiskers welcome you with shots of raki (Cretan grappa) for breakfast and celebrate saints' days with a volley of gunshots. Even the road signs are peppered with bullet holes.
Bilateral agreements are based on the "freedoms of the air", a group of generalized traffic rights ranging from the freedom to overfly a country to the freedom to provide domestic flights within a country (a very rarely granted right known as cabotage). Most agreements permit airlines to fly from their home country to designated airports in the other country: some also extend the freedom to provide continuing service to a third country, or to another destination in the other country while carrying passengers from overseas. 

This hotel is one of the best reasonably priced hotels in downtown Las Vegas. A great location a stone’s throw from Fremont St. It caters for most of your needs, decor was modern and super clean. I arrived a few hours before the advertised check in time and was seen to straight away and allowed to check in to my room early with no problem. I really liked the feel of the hotel and was pleased with being granted my request of a late check out at noon.
Little by little, though, Milos is being discovered. Instagram is saturated with no-filter shots of the undulating cliffs at Sarakiniko, the bottle-green swimming hole at Papafragas, and colourful, rickety syrmata, tiny boat houses wedged between rock and sea. (You’ll find the best photo opportunities at Klima and Mandrakia). This painterly landscape was shaped by the minerals that have long been a source of wealth – obsidian, alum, barite and sulphur, which still bubbles up in the island’s many hot springs. As the 11,000-year-old mining industry is gradually giving way to tourism, several chic hotels have made an appearance. Go now, before the trickle of visitors turns into a tide.
Hi Dave, going to Greece in September from the 3rd to 18th. Paros and Milos are pretty much decided but we are not sure about adding a 3rd island. We arrive in Athens early in the day from an overnight flight so will be jetlagged. My husband is staying on for an additional week near Thessaloniki. We have already visited Athens, Aegina, Crete, Santorini, Mykonos, Paros, and Rhodes. My husband isn’t really a beach person and I love the beach so we do need a mix of things to do. We are pretty fit and enjoy being Active. Great restaurants are a must. Any suggestions?
Increasingly since 1978, US airlines have been reincorporated and spun off by newly created and internally led management companies, and thus becoming nothing more than operating units and subsidiaries with limited financially decisive control. Among some of these holding companies and parent companies which are relatively well known, are the UAL Corporation, along with the AMR Corporation, among a long list of airline holding companies sometime recognized worldwide. Less recognized are the private equity firms which often seize managerial, financial, and board of directors control of distressed airline companies by temporarily investing large sums of capital in air carriers, to rescheme an airlines assets into a profitable organization or liquidating an air carrier of their profitable and worthwhile routes and business operations.
One argument is that positive externalities, such as higher growth due to global mobility, outweigh the microeconomic losses and justify continuing government intervention. A historically high level of government intervention in the airline industry can be seen as part of a wider political consensus on strategic forms of transport, such as highways and railways, both of which receive public funding in most parts of the world. Although many countries continue to operate state-owned or parastatal airlines, many large airlines today are privately owned and are therefore governed by microeconomic principles to maximize shareholder profit.
Who hasn’t been spellbound by images of Capri’s electric Blue Grotto? This glowing sea cave impresses even veteran globetrotters — and it’s only the beginning of the island’s marvels. Ash-white limestone cliffs, hidden slivers of beach, a towering natural arch: It’s no wonder Capri has been a tourist hub since ancient Roman times. Tip: Climb up to the ruins of Emperor Tiberius’ Villa Jovis, circa A.D. 27, for a heart-stopping vista.
The delicate Great Barrier Reef is the earth’s most extensive coral-reef system, supporting more than 1,600 species of fish, along with whales, rays, octopuses, dolphins and more. Nestled in the heart of this world wonder are the 74 Whitsunday Islands, all but four of which are protected national parklands. Bask in luxury at a high-end resort like Hamilton Island, and book a seaplane or helicopter flight to admire sights like Heart Reef and the swirling silica sands of Whitehaven Beach’s Hill Inlet.
Yes, I would agree that 8 or 9 days is too long for Naxos – unless you’re happy sitting at the beach for several of those days. But if you’re looking to be semi-active and explore then you’d be best to add Paros and spend 4/5 days on each. Crete, on the other hand, would be perfect for an 8/9 day road trip. Start in Heraklion (where the ferry arrives from Santorini) head east and then south and finally ending up in the western town of Chania where you can fly up home from.
By the early 1920s, small airlines were struggling to compete, and there was a movement towards increased rationalization and consolidation. In 1924, Imperial Airways was formed from the merger of Instone Air Line Company, British Marine Air Navigation, Daimler Airway and Handley Page Transport Co Ltd., to allow British airlines to compete with stiff competition from French and German airlines that were enjoying heavy government subsidies. The airline was a pioneer in surveying and opening up air routes across the world to serve far-flung parts of the British Empire and to enhance trade and integration.[14]
By the early 1920s, small airlines were struggling to compete, and there was a movement towards increased rationalization and consolidation. In 1924, Imperial Airways was formed from the merger of Instone Air Line Company, British Marine Air Navigation, Daimler Airway and Handley Page Transport Co Ltd., to allow British airlines to compete with stiff competition from French and German airlines that were enjoying heavy government subsidies. The airline was a pioneer in surveying and opening up air routes across the world to serve far-flung parts of the British Empire and to enhance trade and integration.[14]
DELAG, Deutsche Luftschiffahrts-Aktiengesellschaft I was the world's first airline.[1] It was founded on November 16, 1909, with government assistance, and operated airships manufactured by The Zeppelin Corporation. Its headquarters were in Frankfurt. The first fixed wing scheduled airline was started on January 1, 1914, from St. Petersburg, Florida, to Tampa, Florida.[2] The four oldest non-dirigible airlines that still exist are Netherlands' KLM (1919),[3] Colombia's Avianca (1919),[4] Australia's Qantas (1921),[5] and the Czech Republic's Czech Airlines (1923).[6]
There are many picturesque villages to explore, and the beaches are always far from crowded. If you like walking, the lush vegetation and cliffs are ideal, while if you like to do some underwater exploration, there are many scuba diving and fishing opportunities, too. Additionally, Dugi Otok is home to one of Croatia’s best sandy beaches, Sakarun, which some compare to the beaches of the Caribbean, making it a great family spot.
My fiancee and I are heading to Greece in July. We’ve been to Naxos, Paros, Mykonos, and Santorini. This time we plan on being there July 1 to 23. We’re definitely including Milos, and one of Paros or Naxos. Any recommendations for other islands? Any particular ferry routes we should consider? Some “less touristy” islands are a must (for at least one island). We can be lively or very chilled. Thanks and best wishes!
We are planning to come back at the start of September for 2 weeks to visit different islands for some beach and sun. To give you some background, we loved Santorini, Milos and the quieter / smaller places in Crete (Loutro, Falassarna, Samaria Gorge). We enjoy beach time, some hiking, site seeing, good wine / food and good / buzzy atmosphere at night for dinner / tavernas.
My boyfriend and I will be traveling to Greece on August 1-11th. We have 10 days. Is this a feasible itinerary for a couple in their early 30s who want beach, relaxation, good food, boating, and some history? Fly into Athens have one full day there then fly to Naxos for a day and a half, Milos for 3 nights, then Santorini for 3 nights, then back to Athens for our flight? We chose Milos over Naxos at first, but after reading your blog it seems the beaches in Naxos may be better?
Great place to have fun and people watch simple good food and some fancy delicious food – exciting shows and magic acts -Then there’s the other side of the coin , the criminal element , destitute wondering souls. Casino security has to stay on it! Door posted sentries are needed !! People will harrass you to buy gold jewelry ,cocaine , (any kind of drugs), or just Wander around inside looking in the machines trying to find the leftover tickets Or some tourist to hustle. Allowing those “regulars” street hustlers inside the casinos is definitely going to hurting that business. it’s amazing to me that don’t crank down on it harder!
Where to stay in Zante: Porto Zante, eight villas with five-star facilities, set above a pristine bay of finely raked sand, is kitted out for kids of all ages: there's a playground, mini-golf, and every water-sport under the sun. The sociable Peligoni Club is especially good for toddlers and teens: the crèche is run by qualified nannies and over-13s have their own bar, serving milkshakes and mocktails. Zante Maris Suites, as well as the new Olea All Suite Hotel just next door, are both squarely aimed at adults, with a haute hippie vibe. Kids over 12 are welcome. 

Ferries between Naxos and Milos don’t start until June 7th (one each way, every day after that). Ferries between Santorini and Milos start April 28th and there is one every day in each direction. And there are always ferries between Naxos and Santorini. So if the dates work I would fly to Santorini (the longest leg) then ferry to Milos then Naxos and back to Athens. But if you need to travel between Naxos and Milos before the 7th then ferry Athens to Milos to Santorini to Naxos and back to Athens.
Increasingly since 1978, US airlines have been reincorporated and spun off by newly created and internally led management companies, and thus becoming nothing more than operating units and subsidiaries with limited financially decisive control. Among some of these holding companies and parent companies which are relatively well known, are the UAL Corporation, along with the AMR Corporation, among a long list of airline holding companies sometime recognized worldwide. Less recognized are the private equity firms which often seize managerial, financial, and board of directors control of distressed airline companies by temporarily investing large sums of capital in air carriers, to rescheme an airlines assets into a profitable organization or liquidating an air carrier of their profitable and worthwhile routes and business operations.
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