“The Industry Handbook: The Airline Industry” could not put the aspect of the airline industry better. There is a lot of competition on airline market. During the recent years there were some events that were no good for this industry therefore it affected the domestic and international services. Before most of the airline industry was owned by government and it still is in many countries but all of major airlines in U.S. had become privet. The substantial impact on airline industry has route…
Choosing the right passengers. In the passage the lifeboat you are asked to choose 10 poor people swimming in water to save. The lifeboat holds up to 60 people and 50 seats are already taken by the wealthy. How do you choose what passengers to let in the boat? How can you put a value on another person life and how does society view the rich vs the poor? My Personal opinion vs overpopulation, and should a law be passed as to how many children a poor person can have to stop overpopulation, and…
Flight consumer population consist of the passengers that do not have fear of flying and the passengers affected by fear of flying. Therefore, two utility functions are defined. The passenger utility function not affected by fear of flying U is determined by: a) consumer income Y, b) airfare for chosen route p, c) opportunity cost of time spend on the flight u, d) frequency delay cost, e) stochastic delay cost and f) passenger loyalty/travel benefit A. The mathematical formulation of the…
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…
Pilot training- A gateway to a wonderful aviation career Everyone dreams to make big and soar with success in life. The choice of a career plays a big role in deciding the fate of your dream. In today’s time there are countless number of options available that make our decision far more complicated than easy. The key to selecting a right career is to start early in life by assessing your interests, strengths and weakness as your personality traits must be compatible to your occupation. It is…
Captain Edward Smith claimed “I have never been in any accident… or any sort worth speaking about (1912 Facts about Titanic pg.49).” Prior to Smith’s statement he had been in several incidents, and two more after his statement. Smith was White Star Lines senior captain and for that reason he got to be the captain of each of their new ships. The Titanic had a close encounter right as they were setting out for sea; due to the low tide and motion of the Titanic a surge of water cause the New York…
1. The Passenger “American Airlines, Flight 11. 9-11-2001. Economy Class, seat 32A. Boarding time: 7:45 A.M. Departing from Logan International Airport of Boston MA, Gate B32. Destination: Los Angeles, California.” I restlessly read my plane ticket over and over. It may seem as if it’s not a big deal. Just a boarding pass, right? But this isn’t just any flight. After being in Boston for almost two weeks, the homesickness is hardly bearable anymore. It’s almost been two weeks since I’ve seen my…
Hartsfield-Jackson Atlanta International Airport (ATL) officially opened on July 3, 1925, with two 1,500-foot dirt strips set at right angles, and has evolved into the busiest airport in the world today. The complexities that surround airside operations enable the airport to support current flight operations. At the same time, modern facility and system upgrades will boost efficiency and preserve its international ranking. First and foremost, in order for Hartsfield-Jackson to sustain the…
This is a viewpoint about the capsizing of Pura Vida Princess, a 100 foot catamaran vessel, which sank near the coast of Punta Leona. The vessel is owned by Global Crust Firm S.A. According to the report of an online news site, The Tico Times, the ship left Herradura Bay on 8th of January and on its way across the Gulf of Nicoya. During the departure, the sea was calm but within 30 minutes after, at about 2040H, the ship had called for a distress call but it rapidly sank due to strong winds and…
Scope This assignment fixate on the relationship of the triple bottom line with the sustainable development principles like ecological footprints and bio-capacity which are to be considered in the sustainable construction which further signifies triple bottom line in sustainable development and construction. Covering the role of TBL in sustainability, a well formalised sustainability report of a hypothetical construction or infrastructure company established globally is to be made for annual…