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Now that we have some experience with two publicly-traded
CRS companies, its worth reflecting upon whether the shift away from
close airline ties is beneficial.
Overall, I believe there isn't a clear answer.
On the one hand, as the public CRS companies become more responsive
to independent financial markets and must think longer-term about how
they protect their markets, that's positive. Its also positive if that
public influence makes them more responsive to their constituencies.
On the other, the shift away from the traditional ties to airlines
sometimes means less sensitivity to, and understanding of, how the
industry operates. It also may mean developing a view that the customer
really is the traveling public, which would result in potentially
diminished focus upon distribution channels and the products that can
make those channels succeed. |