Impacts of various factors on the airline industry economics essay

Considering the vast regions that many airlines operate, the business environment is often regulated by on the political atmosphere in a particular market. The factors may be necessary for the protection of the interests of passengers and safety measures of airline operations.

Impacts of various factors on the airline industry economics essay

With this growth have come numerous social benefits that are paired with ever increasing threats to societal health and wellbeing, damaging the environment we live in and the air we breathe. However, aviation is the safest, most efficient form of public transportation.

The affordable transportation services of the aviation industry offer even the most isolated communities access to the rest of the world, expediting the exchange of cultural and educational practices IATA Online.

In addition to this, the industry has created 57 million jobs worldwide WHO Online. Despite these social benefits, air travel generates social costs that have an overwhelming effect on the environment, and thus those who inhabit it. Social Benefits Freedom to Travel Air travel has given all nations the freedom to travel.

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It connects people, countries, and cultures, providing access to global markets. Air travel connects developing countries to developed countries and serves as a means of inclusion for remote areas in which air travel is the only means of transportation. The affordability of air travel makes the leisure and cultural experiences that come from traveling around the globe accessible to the majority of the world's population.

This in turn exposes the world to tourism, which significantly improves living standards and assuages poverty in many nations. The extensive global travel also stimulates economies around the world.

In addition to this, the industry supports The international food and hospitality industries are substantially impacted by the level of tourism in an area.

IATA Online Positive Effects on Social Behavior The airline industry also uses its businesses to give back to the global community through the support of charitable organizations.

Impacts of various factors on the airline industry economics essay

Every major airline has contributed substantial quantities of capital to charities and philanthropic opportunities annually. The major carriers usually facilitate local charities in their hub cities as well as national organizations. In addition to this, most airlines that have a miles incentive plan allow these miles to be donated to charities for free travel.

Many have also served as a source of aid during times of emergency. Examples of the charities supported by some the various airlines are: Delta Force for Global Good promotes community involvement and various environmental causes.

They also provide corporate sponsorship for organizations like the American Cancer Society and St. This carrier promotes the involvement of its employees in charitable organizations. Komen Race for the Cure. Continental provides customers with the opportunity to donate miles to programs like March of Dimes, the American Red Cross, and the Make-A-Wish foundation.

Introduction In recent years, affected by natural disasters, emergencies, oil price volatility, the international financial crisis and other factors, especially the oil price, that is the most major factor of the airline cost, and still increasing, made the airline industry’s production decline shaply. Airline Economic Analysis Share In recent years, the airline industry in the United States produced improved balance sheets, increased valuations, and generated 13 consecutive quarters of profitability with operating margins near or above 10% — all testament to the quality and discipline of the management of this hyper-competitive. Christianity and the Economic Impact of the Automotive Industry on Canada Words | 11 Pages. In many ways, the automotive industry has huge impacts on Canada. The impact it has creates jobs, and services. It also boosts economy and contributes to its success.

Southwest donates flights to patients and families that are traveling for medical treatment via the Medical Transportation Grant Program and provides corporate sponsorship for the Ronald McDonald House.

This carrier promotes employee involvement in community programs in hub cities using the US Airways Do-Crew.

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Social Costs Health Effects from Flying Flying possesses the ability to negatively impact the health of passengers. Flying across time zones can confuse your body clock, resulting in jet lag.

A passenger can also suffer from travel fatigue, which is caused by the stress from traveling and the sleep deprivation that a passenger incurs. Flying alone can expose passengers to cosmic ray radiation from traveling at high altitudes and close to the North Pole Wanjek Online.

External Analysis of Southwest Airlines

In addition to this, airplane travel also exposes passengers to the illnesses of other passengers on the flight. The low humidity on the aircraft dries up the natural defense mechanism provided by mucus and makes passengers more susceptible to illness.

Cramped seating conditions are the leading cause of blood clot formation, and as obesity becomes more common amongst passengers, seating conditions have only gotten more cramped. Passengers are also at risk for permanent hearing loss during any flight in which the duration is longer than 4 hours.

In addition to this, a study in Perspectives on Audiology found that the loud conditions encourage passengers to adjust their earphones an extra 5 decibels above the ambient noise to block it out Wanjek Online.

Health Problems from Pollution Air and noise pollution caused by aviation have the potential to negatively impact the health of residents in the vicinity of airports and under flight paths.While, the operating model, profitability, and prosperity of the airline industry could be dampened by various environmental factors, such as economy, politics, regulation, technology, suppliers, competition, financial stability and stakeholder relationship.

Introduction In recent years, affected by natural disasters, emergencies, oil price volatility, the international financial crisis and other factors, especially the oil price, that is the most major factor of the airline cost, and still increasing, made the airline industry’s production decline shaply.

Free Essay: The global airline industry is experiencing cold season since the terrorist attack in Though china’s airline suffered less from the Transportation economics is a subdivision of economics where allocation of resources within the transportation sector is administered and it is believed to have strong linkages with civil engineering.

Competitive Advantage in the Airline Industry: free Economics sample to help you write excellent academic papers for high school, college, and university.

Competitive Advantage in the Airline Industry (Economics Essay Sample) Major factors affecting the airline industry include airport capacity and an airline’s routes, technology, and.

Impacts of various factors on the airline industry economics essay

This report by Quinby shows the grave reality of the impact of the economic crisis in the industry (Quinby, ). The economic crisis had very many negative impacts on the airline industry. However, different airlines reacted differently to different situations that the crisis brought about.

One of the biggest challenges faced by airline industry players is the fluctuating price of oil.

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