Airline industry’s competition has been nation-based. In other words, their major focus was narrowed down to national customers only. However, due to more globalized circumstances, they are seeking more foreign customers and extending their influence into other countries as well.
- Very High Entry Barrier: The entry barrier of airline industries is very high because of cost problems, pre-occu
③ Environmentally-responsible aviation : By March 2010, EU-based airlines must provide carbon dioxide emission reports. That’s why, over the last six months, several EU airlines have begun using bio-fuel either wholly or in part on certain routes. This trend is now spreading to North America where several airlines have indicated their interest in buying eco-friendly jet fuel.
3. History w
This is ten year summary that it relates with southwest airline financial report.
In this graph , most the important thing is total assets and net income.
Last ten year period, total asset is steadily grown.
But net income is slightly fluctuation. The reason is For the U.S. airline industry, the past ten years will forever be known as the “lost decade”—fewer passengers, fewer fli
airlines, driving a car or taking a train could be substitutes for the flight. As for the international airlines, the treat of substitutes is very low, because there are few options.
ㆍCompetitive Rivalry. In US, the airline industry is intensely competitive. Highly competitive industries generally earn low returns because the cost of competition is high. This can spell disaster when times get
Ⅰ. Introduction of our project
Our group choose airline industry among many other industry areas because our members thought that airlines industry would be going to be bigger and activated as the globalization is emphasized more and more these days. In addition, as the specialists of hospitality industry management we think that conducting the research on airline industry would be a great
airline companies in the order of operating revenue. By comparing these two data, we have successfully selected 7 companies to be used in our research. The following airline companies are chosen through the aforementioned procedures.
1. Alaska Airways
Alaska Air Group, Inc., through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., operates as an airline company servi
airline industry generally.
According the CNN take about the safest airlines, we know that commercial aviation is one of the most heavily monitored industries in the world and statistically the much-cited comparison bears out: you are much less likely to die in an airplane crash than in a car accident. Moreover, in these days, for safety sensitive to the social atmosphere, the safety is the
airline industry and these are alliance, privatization and empowerment. By these changes, competitions of airline industry become really fierce and this leads the necessities of adopting economies of scope. Hub-and-spoke system, which was implemented in the airline distribution system to take advantage of economies of scope, is widely used. Moreover, we were able to find out that this system migh
Why we selected these firms
The largest airline of South Korea
Among the top 20 airlines in the world airlines in terms of passengers carried
The second largest airline of South Korea
The member of Star Alliance as a global airline company
Analysis of Airline Industry & Environment of year 2008
These have a significant effect on Airline Industry
Oil Price
Exchang
I. Introduction of the Project
i. The reasons for selecting companies
For this project, our team has chosen two major airline companies in the United States which are American Airlines and Delta Airlines.
Since 2000, in airline industry, there were many kinds of market environment’s changes which are related to the world economic crisis, the sharp rise of oil price and the threat of terr