The Airline Industry in the 21st Century - Competition between Network Carriers and Low-Cost Carriers

Competition between Network Carriers and Low-Cost Carriers

Business & Finance
Cover of the book The Airline Industry in the 21st Century - Competition between Network Carriers and Low-Cost Carriers by Christian Hammer, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Christian Hammer ISBN: 9783638551885
Publisher: GRIN Publishing Publication: October 5, 2006
Imprint: GRIN Publishing Language: English
Author: Christian Hammer
ISBN: 9783638551885
Publisher: GRIN Publishing
Publication: October 5, 2006
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2005 in the subject Business economics - General, grade: 1,5, Vienna University of Economics and Business (Dept. of English Business Communication), 26 entries in the bibliography, language: English, abstract: External shocks, such as terrorist attacks, wars in Afghanistan and Iraq, the SARS epidemic and the worldwide economic downturn have hit the aviation industry badly. Many airlines have posted substantial losses (Lindstädt and Fauser 2003, 23). According to the chairman of Lufthansa's supervisory board, Jürgen Weber ('Fliegen, bis der Geier kommt': 58), about half of the [network] airlines are de facto bankrupt. Franke (2004: 15) argues that 'the severe crisis of the global aviation industry has primarily struck the classical network carriers (NCs) with their complex hub&spoke [sic!] operation platforms'. Low-cost carriers (LCCs), however, were not hit by the downturn. With their lean business models they offered a good alternative at a time when passengers began to look for ways to avoid paying the high prices NCs demanded (Franke 2004:15). This paper analyses the competitive environment in the airline industry. I shall briefly describe the different business models in the industry: the LCC and the NC model. I will then analyze the role airports play. The main purpose however, is to identify possible future scenarios in the industry.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2005 in the subject Business economics - General, grade: 1,5, Vienna University of Economics and Business (Dept. of English Business Communication), 26 entries in the bibliography, language: English, abstract: External shocks, such as terrorist attacks, wars in Afghanistan and Iraq, the SARS epidemic and the worldwide economic downturn have hit the aviation industry badly. Many airlines have posted substantial losses (Lindstädt and Fauser 2003, 23). According to the chairman of Lufthansa's supervisory board, Jürgen Weber ('Fliegen, bis der Geier kommt': 58), about half of the [network] airlines are de facto bankrupt. Franke (2004: 15) argues that 'the severe crisis of the global aviation industry has primarily struck the classical network carriers (NCs) with their complex hub&spoke [sic!] operation platforms'. Low-cost carriers (LCCs), however, were not hit by the downturn. With their lean business models they offered a good alternative at a time when passengers began to look for ways to avoid paying the high prices NCs demanded (Franke 2004:15). This paper analyses the competitive environment in the airline industry. I shall briefly describe the different business models in the industry: the LCC and the NC model. I will then analyze the role airports play. The main purpose however, is to identify possible future scenarios in the industry.

More books from GRIN Publishing

Cover of the book The Functional Actor in the Securitization Process by Christian Hammer
Cover of the book The impact of introducing e-learning courses by Christian Hammer
Cover of the book Outsourcing - a way to increase efficiency? The logistics context by Christian Hammer
Cover of the book Make Millions From Your Business by Christian Hammer
Cover of the book The national question in contemporary Hungarian politics by Christian Hammer
Cover of the book Stereotypes in Internet Memes. A Linguistic Analysis by Christian Hammer
Cover of the book Time and the Other in the Imperialist Discourse of Kipling and Conrad by Christian Hammer
Cover of the book From Word-Formation Rules to Creating Paradigms by Christian Hammer
Cover of the book Organizational Barriers and Employees' Resistance in Strategic Change Processes by Christian Hammer
Cover of the book Linguistic Features in 'How I Met Your Mother'. A Linguistic Analysis by Christian Hammer
Cover of the book The application of three major characteristics of liturgy as seen in the Rite of Christian Initiation of Adults to Pastoral Care of the Sick and Dying by Christian Hammer
Cover of the book Multi Dimensional Approach to Brand Building - A Conceptual Model for Indian Retailers by Christian Hammer
Cover of the book Latin America and the world order by Christian Hammer
Cover of the book Western European Union - An organization without future? by Christian Hammer
Cover of the book Direct Marketing from an ethical point of view by Christian Hammer
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy