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Essay / Research Paper Abstract
This 12 page paper is an economic analysis of the global airline industry, considering the recent influences on the industry such as 9/11 and rising fuel prices, quantifying the impact and identifying more potential influences. The paper also uses several examples to show how airlines are responding and to identify potential valuable strategies. The bibliography cites 8 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEairIndst.rtf
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Unformatted sample text from the term paper:
major impact on the airline industry and can be seen when looking at an economic analysis of the market. The process have been seen to fall globally, this is
the result of the increased demand being outstripped by the increased supply, the deregulation has increased the potential supply and advances in technology and the increased awareness of the potential
for travel has also increased demand. The demand can also be seen as shifting with increased travel being undertaken with the low cost carriers, this has changed the pricing structure
of the industry and also placed increased competitive pressures on the traditional carriers. However there have also been events that have placed downward pressure on the airline industry, the events
of 9/11 and the outbreak of SARs have both had a negative impact. In reality there are many influences that are operating together to change and influence the industry, it
is only by looking at these that the industry can be understood. Prior to 2001 there has been a massive increase in
the growth of the airline industry. The entire global use of the transport mode can be seen as increasing since the 1960s. This is a global phenomenon. This increase can
be seen in terms of both freight and passengers. Here we can see a comparison in the global GDP in terms of change and the amount of tonnage carried in
terms of change. This increase in the use of airlines and the aviation industry had resulted in the projected need for more capacity, with open competition seen as the best
way to satisfy this increased demand whilst ensuring that the passengers interests are also taken into account. The market may be seen as
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