Competition
DFDS Seaways cited competition from low-cost air services, especially Ryanair (which now flies to Glasgow Prestwick and London Stansted from Gothenburg City Airport), as being a reason for its scrapping the Newcastle-Gothenburg ferry service in October 2006. It was the only dedicated passenger ferry service between Sweden and the United Kingdom, and had been running since the 19th century (under various operators).
Read more about this topic: Gothenburg City Airport
Famous quotes containing the word competition:
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)
“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.”
—William Morris (1834–1896)
“The praise of ancient authors proceeds not from the reverence of the dead, but from the competition and mutual envy of the living.”
—Thomas Hobbes (1588–1679)