Director Independence Tests: Criteria Used by Exchanges
Director independence criteria on the NYSE and Nasdaq: the three-year bright-line tests, the board’s judgment call and the audit committee rules.
Airport Slots Explained: Why Landing Rights Matter to Airlines
Airport slots explained: what a slot is, why only congested airports need them, how the 80/20 use-it-or-lose-it rule works and who it favours.
What Is a Low-Cost Carrier? Business Model Explained
The low cost carrier model explained: how these airlines cut unit costs, why fares are unbundled, and how they differ from legacy and hybrid carriers.
How Do Airlines Make Money? Revenue and Cost Basics
How do airlines make money? A plain look at ticket and non-ticket revenue, the big cost lines, load factor and why profit margins stay thin.