The Airline Industry: Difference between revisions
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=Introduction= | =Introduction= | ||
Historically, air travel has survived largely through state support, whether in the form of equity or subsidies. The airline industry as a whole has made a cumulative loss during its 100-year history, the costs include subsidies for aircraft development and airport construction. Because of increasing fuel prices and new industry standards the airlines have raised ticket prices as a compensation for the high cost of operating. Going hand-in-hand with these increasing prices, the effects of 9/11 have added more strain to the already existing problem of debt the airline industry faces. | Historically, air travel has survived largely through state support, whether in the form of equity or subsidies. The airline industry as a whole has made a cumulative loss during its 100-year history, the costs include subsidies for aircraft development and airport construction. Because of increasing fuel prices and new industry standards the airlines have raised ticket prices as a compensation for the high cost of operating. Going hand-in-hand with these increasing prices, the effects of 9/11 have added more strain to the already existing problem of debt the airline industry faces. | ||
[[<p align="right">Image:Airbus.jpg|thumb|Description | [[<p align="right">Image:Airbus.jpg|thumb|Description]] | ||
=Airline Business Models= | =Airline Business Models= | ||
Revision as of 19:30, 11 November 2007
Introduction
Historically, air travel has survived largely through state support, whether in the form of equity or subsidies. The airline industry as a whole has made a cumulative loss during its 100-year history, the costs include subsidies for aircraft development and airport construction. Because of increasing fuel prices and new industry standards the airlines have raised ticket prices as a compensation for the high cost of operating. Going hand-in-hand with these increasing prices, the effects of 9/11 have added more strain to the already existing problem of debt the airline industry faces.
[[
Image:Airbus.jpg|thumb|Description]]
Airline Business Models
Traditional Model
Low-Cost Model
Boeing vs. Airbus
Ticket Sales
Effects of 9/11
Group Members
Ted Sirvaitis (Sirvaitr)
Michael Outwin (Outwinm)
Alex Baranick (Baranica)
Kaitlin Van Wagner (Vanwagnk)
