Southwest Airlines

In existing literature, the authors assume that airlines are flying with all seats occupied, which results in a high probability that the passenger will not find a seat on the desired flight. This can be interpreted as a lower quality of service, and this is why in practice most airlines tend to fly with aircraft that are not full 100%. To convert frequency and stochastic delay into a cost, it is assumed that each hour…

Yield Management Yield management originated in the air craft industry back in the end of the 1970. People’s Express startet the new trend, and sold their tickets at a lower fare than the competing airline companies. To not lose the price conscious customers to People’s Express, the competing airline companies followed this trend and sold cheaper plane tickets to the price conscious. This is the most important principle in yield management; to sell the right product to the right customer to…

economic growth. All these key-factors lead us to the third task of this report, where it is analysed how BA faces their competition, like low-cost companies, and where are stated the main reasons why this airline company has a short competitors’ list. 1. British Airways is a British airline which was resulted of a merge, made in 1974, between British Overseas Airways Corporation (BOAC) and British European Airways (BEA). This company was owned by the british government…

The legal issue in this circumstance is of the contract and its validity. The first factor to consider is to determine if a contract even exists. The drink company implied, through a commercial advertisement that if an individual earned seven million company points, they would be rewarded with a jet. It needs to be determined if this was an offer made in the advertisement. The individual saw this commercial and did, in fact, reach the 7 million company points. He then wrote to the company and…

in the 1970s and practised mainly within the airline industry, also known as airline yield management (Cross, Higbie, & Cross., 2009). Smith (1992) described revenue management as “selling the right seats to the right customers at the right price” (as cited in Schuessler, 2010). In the late 1980s, the hotel industry adopted this practice from the airline industry, with a similar objective to increase revenue. The implementation of RM by American Airline, which achieved an increment of US$1.4…

Travel analysis and trends A good analysis and understanding of the travel features and trends of the passengers is very important to build up a successful business model for airlines. In the following, we will try to discuss this topic from the aspects of elasticity of passenger demand, popular destinations, mode of transport and the booking patterns. 1. Elasticity of Passenger Demand At the present time, the competition in the air travel industry is becoming more and more intense. The…

The progressive era was a time in history when America acquired the highest number of immigrants. Millions of settlers from southern and eastern European countries migrated to the United States. Most newcomers entered the country legally by sailing across the Atlantic Ocean on ships or boats. Several migrants arrived to America illegally due to costly expenses or impatience for the immigration process to be completed. They lacked jobs in their countries, so they traveled to the land of…

The "Gateway to the World" article is an informative article. In it you will find information about each of Georgia's transportation modes, starting with their sea mode of transport. With the Port of Savannah being the fourth largest growing container port in the U.S. Georgia also has the Port of Brunswick which is the nation's biggest seaport for importing automobiles. Georgia is thought of by some as number two in the U.S. for their infrastructure and access to global markets. Georgia…

1. I would invest in xCraft because I see the versatility and multiple routes with this investment. As stated by the owners. They have the X PlusOne with a solid investment of $170,000 on Kickstarter. We can also market the X PlusOne to other cliental such as oil companies, people with large acres of land, and even movie directors considering how fast the drone can go. We also have the potential star, the PhoneDrone Ethos: With about $350,000 in investments from Kickstarter and Indiegogo, I can…

increasing trend in the airlines industry, the environmental impact on aviation is becoming a critical issue for the future of flights. The current level of emission are forecast to grow in absolute tonnes and even more so as aproportion to total emissions…