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Search parameters: - Transportation Services
March 2009Multimedia Travel industry double whammy
Reuters 3/2/2009
Bain Corporate Renewal Group says the travel industry is seeing double-digit sales declines since January of 2009 as leisure travelers cut back on trips and businesses look at lower-cost alternatives. Phillip Kleweno, a partner at Bain's Corporate Renewal Group, says the best way for the industry to weather the current headwinds is to "pay attention to cash." The segment is approximately 5 minutes and 40 seconds in length.
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November 2008Article How to take the curves in the current turmoil
The Business Times 11/4/2008
by Steve Ellis, Till Vestring And Suvir Varma
The tumultuous events of the past few weeks have battered financial markets and created widespread uncertainty. But in the turbulence lies opportunity. Like curves on a racetrack, economic downturns create opportunities for companies to move from the middle of the pack into leadership positions.
June 2008Article Tough times, good deals
The Economic Times 6/23/2008
by Sri Rajan and David Harding
Times of economic turbulence can provide some of the best opportunities for companies to increase their market position. Bain & Company analysis shows that companies acquired in a downturn bring triple the returns of those bought during prior boom years.
Article F-E-R whom the bells toll
Businessworld 6/13/2008
by Chris Zook and Ashish Singh
The number-one priority for CEOs is to find ways to innovate around the fundamentals of their strategy--or face the risk of going out of business.
February 2007Article A new formula for airline profits
Forbes.com 2/8/2007
by Mark Gottfredson
There's never been a more challenging time for airlines. Facing overcapacity, mounting security concerns, inflexible labor contracts and a host of other pressures, there's one often overlooked factor that makes the airlines a particularly tricky business.
Go to Forbes.com
April 2002Article When global strategies go wrong
The Asian Wall Street Journal 4/4/2002
A strong domestic market position and excess cash flow do not guarantee success abroad. For proof, just look at the bankruptcy of former flag-carrier Swissair and the huge write-downs at Japan's leading mobile-phone operator, NTT DoCoMo. This article identifies the core problem: global aspirations often cause managers to ignore the disciplined application of an industry's basic economics and the importance of exercising control over their investments. The article draws three powerful lessons from the experiences of Swissair and DoCoMo.
November 2001Article What's changing the face of the automotive industry
Bain Strategy Brief 11/27/2001
by Dr. Gregor Matthies and Dr. Frank Heideloff
Trends and drivers in the automotive industry as well as an outlook on the years to come.
September 1998Article Right Away and All at Once: How We Saved Continental
Harvard Business Review 9/1/1998
by Greg Brenneman
In '93, when Greg Brenneman (as a Bain VP) started working at Continental Airlines, it was the most dysfunctional company he had ever seen. It had been through 2 bankruptcies and 10 presidents in ten years. There was next to no strategy. The company was burning through money. Employee morale couldn't get any worse. Today Continental is flying high. It posted revenues of $7.2 billion and a net income of $385 million in 1997. Brenneman, Continental's president and COO, and the new team at the helm transformed the company. He describes the 5 lessons he learned during this dramatic turnaround.
Go to Harvard Business Review
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