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FIA BT

SSohaib4y ago
why is high know-how a potential barrier for entry?
kengarrettkengarrettTutor4y ago#1
Because it is probably difficult to acquire the knowledge/know-how. For example. if you wanted to establish a new airline you need to be able to acquire information about: Different aircraft Potential passenger numbers on each route you are considering Competitors' fares Laws in every country you fly to Regulations governing flight crew How to take bookings How to maintain aircraft etc etc. It can be done but it takes a lot of effort.
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