Lasting Impact On The Industry
While Laker Airways failed, low fares and buying meals on board are becoming popular. Similarly, buying tickets on the day of travel has been adopted by airline shuttles plying the United States' Northeast corridor and on the Eastern shores of Australia.
Laker Airways's most important legacy was that pioneering low-fare services across the Atlantic helped pave the way for low-cost airlines such as EasyJet and Ryanair, liberating the industry from the regulatory straitjacket IATA had imposed for decades in collusion with governments. These governments invariably were sole or majority owners of most IATA airlines. This was Laker Airways's greatest contribution to its industry's future development.
Sir Freddie Laker became an inspiration and cautionary tale for Sir Richard Branson and Virgin Atlantic Airways, when they set about deciding their long-term strategy.
Read more about this topic: Laker Airways
Famous quotes containing the words lasting, impact and/or industry:
“Orpheus with his Lute made Trees,
And the Mountaine tops that freeze,
Bow themselves when he did sing.
To his Musicke, Plants and Flowers
Ever spring; as Sunne and Showres,
There had been a lasting Spring.
Every thing that heard him play,
Even the Billowes of the Sea,
Hung their heads, and then lay by.
In sweet Musicke is such Art,
Killing care, and griefe of heart,
Fall asleepe, or hearing dye.”
—John Fletcher (1579–1625)
“One can describe a landscape in many different words and sentences, but one would not normally cut up a picture of a landscape and rearrange it in different patterns in order to describe it in different ways. Because a photograph is not composed of discrete units strung out in a linear row of meaningful pieces, we do not understand it by looking at one element after another in a set sequence. The photograph is understood in one act of seeing; it is perceived in a gestalt.”
—Joshua Meyrowitz, U.S. educator, media critic. “The Blurring of Public and Private Behaviors,” No Sense of Place: The Impact of Electronic Media on Social Behavior, Oxford University Press (1985)
“My plan of instruction is extremely simple and limited. They learn, on week-days, such coarse works as may fit them for servants. I allow of no writing for the poor. My object is not to make fanatics, but to train up the lower classes in habits of industry and piety.”
—Hannah More (1745–1833)