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 120-year history, | 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 120-year history, the costs include subsidies for aircraft development and airport construction. Because of increasing fuel prices and new industry standards the price of tickets has increased as a compensation of the high cost of operating. Going hand-in-hand with increasing prices, new low-cost airlines and the effects of 9/11 are just adding to this struggle that the airline industry seems to be facing. | ||
<p align="right">[[Image:Airbus.jpg|thumb|Description]] | <p align="right">[[Image:Airbus.jpg|thumb|Description]] | ||
Revision as of 18:20, 9 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 120-year history, the costs include subsidies for aircraft development and airport construction. Because of increasing fuel prices and new industry standards the price of tickets has increased as a compensation of the high cost of operating. Going hand-in-hand with increasing prices, new low-cost airlines and the effects of 9/11 are just adding to this struggle that the airline industry seems to be facing.
Airline Business Models
Ticket Sales
Effects of 9/11
Group Members
Ted Sirvaitis (Sirvaitr)
Michael Outwin (Outwinm)
Alex Baranick (Baranica)
Kaitlin Van Wagner (Vanwagnk)
