Volume 24‚ Issue 1‚ The Economics of Low Cost Airlines‚ 2008‚ Pages 61-67 Can long-haul low-cost airlines be successful? Dr Peter Morrell Cranfield University‚ Beds MK43 0AL‚ UK Phone: +44 1234 754242; Fax: +44 1234 752207 p.s.morrell@cranfield.ac.uk Abstract A key question is whether the very successful‚ largely short-haul LCC business model can work over long-haul sectors? This paper compares the cost and other advantages of LCCs and evaluates how far they might be applied to long-haul
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Why did Boeing adopt the radical change approach for designing and developing the 787 Dreamliner? What were the risks? In your opinion‚ was it a good move? Defend your choice. Boeing adopted the radical change approach for designing and developing the 787 Dreamliner because they were in competition with Airbus and needed a new approach in which they could use innovation to stand out upon their competitiors. Boeing was looking to reduce manufacturing costs and development times. Boeing took an
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The Boeing 767 is a mid-size‚ wide-body twin-engine jet airliner built by Boeing Commercial Airplanes. It was the manufacturer’s first wide-body twinjet and its first airliner with a two-crew glass cockpit. The aircraft has two turbofan engines‚ a conventional tail‚ and‚ for reduced aerodynamic drag‚ a supercritical wing design. Designed as a smaller wide-body airliner than preceding aircraft such as the 747‚ the 767 has a capacity of 181 to 375 persons and a design range of 3‚850 to 6‚385 nautical
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An aircraft is a machine that is able to fly by gaining support from the air‚ or‚ in general‚ the atmosphere of a planet. It counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil‚[1] or in a few cases the downward thrust from jet engines. The human activity that surrounds aircraft is called aviation. Crewed aircraft are flown by an onboard pilot‚ but unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft
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Advantages of Boeing’s outsourcing strategy * By outsourcing‚ Boeing is able to reduce costs and generate sales. Outsourcing to countries such as India can give the company access to cost-effective services and get access to specialized skills and services. * Boeings’ strategy allowed entry into two of the largest and fastest growing airplane markets (china and India). * It gained the ability to distribute some of the risks associated with large investment required to build an airplane
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How Birds Fly One of the requirements for anything that’s heavier than air trying to fly is a structure that combines strength with light weight. This is for birds and it also applies for planes. Birds have many physical features‚ besides wings‚ that work together to enable them to fly. They need lightweight‚ streamlined‚ rigid structures for flight. The four forces of flight - weight‚ lift‚ drag and thrust. All flying birds have: o Lightweight‚ smooth feathers – this reduces the forces of
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When it comes to investing in the 7E7 project the investors have three major options. The first of these options is to invest in the project with a short term gain in mind. Secondly the shareholder can invest expecting the project to pay off in the long-term. And lastly the prospective shareholder can choose to not invest in the project as a whole. In order to evaluate the profitability of the 7E7 project we are going to calculate the WACC of the project and then compare it to the stated IRR of 15
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segment respectively‚ while Boeing only had 46%of revenues derived from this area; these four companies are not sufficiently similar. In addition‚ the commercial airline segment was depressed by the terrorism events and SARS‚ and the defense segment benefited from the Iraq war; as a result‚ it is too optimistic to use the beta of comparable companies. To take the crisis of the commercial airline market into account‚ it is more appropriate to use the estimated beta of Boeing according to past 60 trading
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I believe I can fly I got shot by the F.B.I All I wanted was some chicken wings and a little bit of collad greens I believe I can soar I got a beaten at the geocery store the barneys ones are: I hate you‚ You hate me Let get together and kill Barney put a nine millarmeter to his head bang bang bang Barney’s dead I hate you‚ you hate me‚ Let’s go out and kill Barney‚ And a shot rang out and Barney hit the floor‚ No more purple dinosaur! I hate you‚ you hate me Let’s team
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Why can’t penguins fly? Why can’t penguins fly? This is a question that has been asked ever since the discovery of the majestic bird that has the inability to fly. Well the only thing to blame would be the penguins themselves since they adapted to stop flying and start swimming. Another frequently asked question is “why can’t penguins swim and fly”? All of these questions will be answered in this essay. Why did penguins adapt to to swimming instead of flying? One answer to this is that penguins
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