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The Kwik Fit style exhibition hall, WCS 2022

The Buddenbrooks effect, outlined in the eponymous 1901 novel by Germany’s Thomas Mann, describes how successive generations in a family experience a gradual decline in finances, ideals and happiness from a wealthy peak, as societal values change and family business hierarchies are replaced by industrialisation.

IATA this week hosted its biggest-ever WCS, with some 1,350 delegates from 73 countries attending. Ticket prices were high, there were more stands and sponsors than usual: revenues were presumably also at record levels.

And costs appeared ...

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  • Jim The insider

    September 30, 2022 at 4:05 pm

    Spot on and well written. IATA’s approach can best be described as clueless arrogance, and surely the value of its brand will continue to slide. WW has turned the Organization into an ego-trip and promoted the person who told PayCargo to get lost – a significant mistake which will accelerate the demise of CASS and related product offerings in data and financial services. All the events and CEIV programs are just desperate efforts to keep the show running, sooner or later customers will see through. There are faster, better, leaner, and more capable companies out there and many have understood how lucrative IATA’s business has been.

  • Gerry Jackson

    September 30, 2022 at 8:49 pm

    Gee; fewer than 18% of speakers were women. Yawn.