Futures The impact of low cost carrier on the future of pricing and revenue management Received (in revised form): 12th November 2011 Dieter Westermann Qatar Airways‚ Qatar Airways Tower 2‚ Doha‚ State of Qatar Dieter Westermann holds the position of Senior Vice President RM Strategy and Solutions at Qatar Airways‚ the national carrier of the State of Qatar. He has more than 20 years of experience in revenue management business processes and systems‚ as well as in the area of pricing‚ reservations
Premium Airline Marketing Low-cost carrier
SUMMARY The Airlines Industry was originally initiated in USA as a fastest and luxury mean of travel in the 30s¡¯. With the tremendous development on technological‚ we have numerous airlines in the world. Yet‚ just like any industry‚ there are always winners and losers in the long run. This paper is use to analyze the factors from an economics perspective that drive the industry prospect and their threats in the recent years. In the report‚ we have analyze‚ based on the data from industries and also
Premium Management Education Strategic management
.............................................. 1 2 What are the characteristics of the airline industry? ................................. 2 3 Which were the most important trends and developments in the airline industries’ past shaping the current future? .............................................. 4 4 Which trends and developments can be identified in the current airline industry that will shape its future? ........................................................... 10
Premium Airline Southwest Airlines Delta Air Lines
SPICE JET AIRWAYS ECONOMICS PROJECT ON SPICE JET 1 SPICE JET AIRWAYS SPICEJET AIRLINES INDUSTRY OVERVIEW At a time when most developed economies shrunk‚ a 4.7% growth during the first quarter of 2009-10‚ puts India among the top-most growing nations. In spite of the global recessionary trends‚ India managed 6.7% economic growth in the fiscal 2009. The growth in the aviation sector is linked with the growth of GDP‚ which according to latest figures released in Dec 2009 has rebounded
Premium Supply and demand Airline Low-cost carrier
LOW COST AIRLINES: A FAILED BUSINESS MODEL? Kenneth Button University Professor Director of the Center for Transportation‚ Policy‚ Operations‚ and Logistics‚ and Director of the Aerospace Policy Research Center School of Public Policy George Mason University (MS 3C6) Fairfax‚ VA 22030‚ USA. E-mail: kbutton@gmu.edu “You fucking academic eggheads! You don ’t know shit. You can ’t deregulate this industry. You ’re going to wreck it. You don ’t know a goddamn thing!” Robert L. Crandall‚ CEO American
Premium Low-cost carrier Airline Southwest Airlines
Apple Inc. (Consumers Electronics Company) Economic Environment: More or less‚ every economic factor has an effect on the operations of Apple Inc. These may include; current economic situation (boom‚ recession‚ etc.)‚ credit terms‚ inflation or deflation‚ strictness of interest rates‚ unemployment levels‚ stability of exchange rates‚ stock exchange trend‚ etc. Apple’s business can be affected by all these factors either positively or negatively. For example‚ during the inflation periods
Premium Inflation Apple Inc. Unemployment
The United States airline Industry is a complex business that is affected by many internal and external factors. The successes and failures of this industry are constantly fluctuating over time. While deregulation brought great triumph and positive change‚ the tragedy of 9/11 was the initial factor leading to the downward spiral of failure that the current airlines face today (Siddiqi‚ 2009). Currently‚ the International Air Transport Association reported that the airline industry suffered a net loss
Premium Southwest Airlines Airline Delta Air Lines
telecommunication industry is the most booming industry across the world and in Australia too. It is very important for telecommunication industry to analyse its micro environment and macro environment. Microenvironment consists of the organisation’s various departments‚ competitors‚ customers‚ marketing intermediaries and publics. The microenvironment represents the strengths and weaknesses of the organisation. The organisation has partial control over the factors of its microenvironment. The macro environment
Premium Marketing World population Telecommunication
Analyzing the Industry Environment The business environment consists of all external influences that affect its decisions and performance. These should be analysed systematically and with continuous scanning‚ keeping in mind that it needs to be cost effective and not create too much information. You need to distinguish the vital from the merely important. One can focus on the industry environment for example‚ especially on customers‚ suppliers and competitors. An industries profit comes from
Free Economics Perfect competition Costs
The airline industry is a large and growing industry. Air travel plays a very important role in economic growth and world trade. It is expanding for either of the following reasons that is for business purpose or leisure travel. It helps in increasing the international investment as well as tourism. The airlines have made it more comfortable to travel from one place to another‚ and now are offering reasonable rates. Affordable rates encourage people to travel further to new places. As a result‚ people
Premium Airline Southwest Airlines