Over the past 30 years the airline industry has seen a number of changes, such as the increased market share of low-cost carriers (LCCs) as well as facing its fair share of challenges, from volcanoes erupting to infectious disease outbreaks. The next 30 years are likely to be more turbulent, as a new wave of technological change and innovation unfurls. Some see this wave sweeping the airline industry away, citing as precedents the taxi industry before Uber arrived, the music industry before internet downloads, and the printing industry before computer design software. And technology is not the only source of disruption. The UK’s Brexit and the presidential election in the United States remind us that politics can always spring surprises. As a global industry, subject also to national-level regulation, the airline industry is highly sensitive to such surprises: will, for example, the UK continue to be party to existing European legislation governing airlines or will they need to renew agreements with European, US and other countries.
Token | ASTX |
Price in ICO | $0.05 |
tokens for sale | 14.85M |
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