Current Condition of Airline Industry Dissertation

Current Situation of Airline Industry

Current Situation of Airline Industry

Since the airline industry was deregulated in the late 1971s, they shall hold the line on the volume of planes they fly. In this way that the persons by aircraft shall be increasingly more, and the costs shall turn into expensive. Mainly because air transfer is more quickly than other vehicles methods, the people increasingly prefer to fly. The air transportation will be an important travel method in the future, and the persons engaged in air transportation shall have a fantastic future. The plane is not only in transportation, nevertheless also it can be used in armed service. The profits of airline are very substantial.

Flight tried to keep this situation for much more profits. But they failed, because appeared brand new competitors, and in addition they vied for market share. Many people find that airline industry is a lucrative sector, so additionally, they want to achieve the greater income. But it can be not easy, they encountered an economic crisis, and the surroundings suffered in the last decade. 36 months ago, the oil cost was high jump. A dozen airlines went down of business. Some companies were merged, and shrank the number of player. Any market shall not regularly be smooth, aircarrier industry is very. They should often prepare for financial crisis, and do not merely see the quick benefits. The fare will be variable together with the change of oil prices. Under this situation, the number of slated flights shall become fewer. According to the examination, the number of scheduled flights in this year is nearly same with the last year. Except bankruptcy, the airline can only reduce the number of slated flights amongst cities. Additionally, they provide smaller sized planes for increasing the earnings. And the competition shall be more and more fiercely. The quantity of reducing slated flights shall be more and more particularly in the recession.

To get the increasing demand, the airline does not have any ability to talk with it. Because the demand gone up is more than airline addition. But the...