New Business Model Terminology of Airlines

Many scholars have researched the topic of business models in the commercial aviation industry. They have revealed a phenomenon called "convergence of models": the business model of low-cost carriers goes towards full-service, and the business model of full-service carriers goes towards low-cost. A new publication of the Center for Aviation
Competence of the University of St.Gallen aims to rethink the way business models are perceived and introduces a new terminology.