Since the end of World War II, European airlines have revealed their own operational style. By analyzing seven European flag-carriers, Dienel and Lyth provide a comparative study of the airline business, covering government policy, aircraft procurement, network growth, commercial performance and collaboration with other airlines and transport modes. This study also seeks to explain why national flag-carriers have survived in an age of globalization and strategic alliances. A concluding chapter views the contrasting American air transport industry.