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