Topics: World Trade Organization, Airline, Investment Pages: 16 (4110 words) Published: December 31, 2012

Airline Industry
(International Busuness-606)

Submitted To
Dr. Enamul Haque
School of Business & Economics

Submission Date 26th Dec. 2012

Table of Content

|Topics |Page No. | |1.Globalization of Airline Industry |3 | |Industry Analysis & Industry Trends | | |2.Back ground of the Product |5 | |Economic Trends | | |Value Chain | | |R&D | | |Importers and Exporters of Aircraft Seat | | |Some regulatory authority | | |Tariff barrier to trade in USA | | |Non-tariff Barrier of USA | | |Tariff Barrier EU | | |Non-tariff Barrier of EU | | |3. Business Analysis or why we choose Bangladesh for Business |11 | | | | |4. Conclusion |17 |

1.1 Globalization of Airline Industry

he global airline industry provides a service to virtually every country in the world and has played an integral role in the creation of a global economy. The airline industry itself is a major economic force, in terms of both its own operations and its impacts on related industries such as aircraft manufacturing and tourism, to name but two of attention given. Few other industries generate the amount and intensity to airlines, not only by those directly engaged in its operations, but also by government policy makers, the news media, as well as its billions of users, who, almost to a person, have an anecdote to relate about an unusual, good or bad, air travel experience. During much of the development of the global airline industry, its growth was enabled by major technological innovations such as the introduction of jet aircraft for commercial use in the 1950s, followed by the development of wide-body “jumbo jets” in the 1970s. At the same time, airlines were heavily regulated throughout the world, creating an environment in which technological advances and government policy took precedence over profitability and competition. It has only been in the period since the economic deregulation of airlines beginning with the USA in 1978, that cost efficiency operating profitability and competitive behavior have become the dominant issues facing airline management. Airline deregulation or, at least, “liberalization” has now spread far beyond the USA to most of the industrialized world, affecting both domestic air travels within each country and, perhaps more importantly, the continuing evolution of a highly competitive international airline industry.

Today, the global airline industry consists of over 2000 airlines operating more than 23 000 commercial aircraft, providing service to over 3700 airports (ATAG, 2008). In 2007, the world’s airlines flew more than 29 million scheduled...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Continental Airlines Essay
  • vietnam airline Essay
  • Indigo Airlines Essay
  • Crm in Airlines Essay
  • singapore airline Essay
  • Sabena Airlines Essay
  • Airline Economics Research Paper
  • Essay on qantas airlines case

Become a StudyMode Member

Sign Up - It's Free