StudentShare solutions
Triangle menu
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Economic profile of the US airline industry - Research Paper Example

Nobody downloaded yet

Extract of sample
Economic profile of the US airline industry

The crisis of the Eurozone acted to be the catalyst in adding the woes to the sector. To combat the problem of high exposure to oil prices the airline companies have come up with some tactics like hike in ticket rates, replacement of the airplanes that were fuel efficient and various other strategies of fuel hedging. Some of the major operating companies have already cut capacity with the aim to increase profits. The open skies agreement between United States and the European Union has provided the opportunity to the commercial airlines to begin operating flights between the countries of the European Union and the United States (Department of Transportation, 2012).
The airline industry is dependent on the conditions of the market. The industry is on the unstable path since 2001. The demand for the industry was greatly influenced by the terrorist attack, the global financial crisis and the fluctuations in the oil prices. It is a competitive industry as many players have emerged into the market. The other modes of transport provide competition to the industry. Yet it can be argued that the industry faces competition only within itself and the intensity of competition from other modes of transport are less. But in terms of transportation of cargo, train services can pose a serious threat to the industry. The consumers can avail the opportunity to send their cargos through many other transport modes other than flights. Therefore choices are limited for the airline industry. Some of the diseases like swine flu or avian flu forced many passengers not to travel through flights. This had negative impacts on the industry. The elasticity of demand is affected by the reason the passenger travels. Three reasons that can be accounted for travelling by airplanes are business necessity, time saving and pleasure. The financial crisis forced many travelers to opt for other modes of transport leading to loss of ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Economic profile of the US airline industry Research Paper”, n.d.)
Retrieved from https://studentshare.net/macro-microeconomics/559635-economic-profile-of-the-us-airline-industry
(Economic Profile of the US Airline Industry Research Paper)
https://studentshare.net/macro-microeconomics/559635-economic-profile-of-the-us-airline-industry.
“Economic Profile of the US Airline Industry Research Paper”, n.d. https://studentshare.net/macro-microeconomics/559635-economic-profile-of-the-us-airline-industry.
  • Cited: 0 times

Summary

The industry witnesses bankruptcy as well as M&A activities every decade. The airline industry of United States is currently standing a space from where the future does not seem to be bright. The estimates of the International Air…
Economic profile of the US airline industry
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Economic profile of the US airline industry"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Economic impact of downturn in housing/mortgage industry in the US 2008-2010
Major banks became bankrupt and various governments undertook to rescue their economies through economic stimulus packages. Mortgage-back securities became toxic and general stock market declined in value.
10 pages (2500 words) Research Paper
Merger For Success In The US Airline Industry
The incentive to mergers and acquisitions is connected with the Law on the Regulation of Aviation Charges of 1978. It was believed that competition was strengthened by excluding the Federal Council of Civil Aviation and its regulatory framework. The 1978 law on the deregulation of the airline is based on three specific areas: competition, new entrants and tariffs.
11 pages (2750 words) Research Paper
Deregulation of Aviation in the Commercial Airline Industry
Historically, airline services were partially regulated, because of oligopoly and monopoly concerns, as only a few airlines provided flights that were direct between cities. The aim of the United States airline deregulation was to control entries and reduce prices in the transport system in the United States.
9 pages (2250 words) Research Paper
US Economic Research Paper
US Economic Research Paper Proper functioning of the economy of a country is vital for the achieving of the long-term goals and objectives of its population. In the economy, the major drivers are the demand and supply of goods and services, either within the country or outside its national boundaries.
8 pages (2000 words) Research Paper
Strategic Management in Singapore Airlines
Strategic Management in Singapore Airlines. The aim of this research report is to analyze briefly Singapore Airlines strategic management profile. To report the name of the minds whose policies have led to the continuous success of this airline in today’s competitive environment.
5 pages (1250 words) Research Paper
Economic Profile of the US Airline Industry
Influence of different economic factors on the current state of the American airline industry is considered in the essay. State of the market, where airline companies operate is examined. Impact of the monetary and fiscal policies on the industry is assessed. Effects of international trade on the industry is also evaluated.
5 pages (1250 words) Research Paper
Commercial Passenger Airline Service Industry
Similarly, the airline industry provides freight services and cargo ferrying from one destination to another at a fee. Large airline companies have large aircrafts that transport large cargo and many passengers. On the other hand, some companies provide the transport services through small aircrafts that carry just a few people.
6 pages (1500 words) Research Paper
Integrating Values - The Legality, Morality, and Social Responsibility of US Airways and Delta Airlines Merger
Introduction For the last one decade, the U.S. Airline industry has experienced a number of high-profile merges, the recent one being the US Airways- American Airline merger. According to the available literature the three motives of mergers are: monopoly motive, speculative motive and normal business motive.
15 pages (3750 words) Research Paper
Oil on the Airline Industry
Thus, we can see that the airlines industry is very closely impacted by the changes in the fuel prices. The major issues that impact the industry on account of fuel prices
4 pages (1000 words) Research Paper
Innovation and Creativity and Enterprise
he airline industry was hard hit and this discouraged investors but despite this occurrence, the airline has embraced lateral strategies that have enabled it to document profits regardless of the industry’s current economic state. The methodologies adopted by the carrier in
11 pages (2750 words) Research Paper
Comments (0)
Click to create a comment
Let us find you another Research Paper on topic Economic profile of the US airline industry for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us