A New Era Of Deep Cooperation

American airline industry is steadily growing at an extremely strong rate. This growth comes with a number economic and social advantage. This contributes a great deal to the international inventory. The US airline industry is a major economic aspect in both the outcome on other related industries like tourism and manufacturing of aircraft and its own terms of operation. The airline industry is receiving massive media attention unlike other industries through participating and making of government policies. As Hoffman and Bateson (2011) show the major competitors include Southwest Airlines, Delta Airline, and United Airline.

The global aviation business is showing extensive growth with foreign flag carriers in Asia-Pasific and the Middle East transporting more passengers to or/and from

Significant developments have occurred in the field of air transport. A large number of countries made remarkable progress in liberalizing international air transport regulations, and became involved in full market-access arrangements. At the same time, the airline industry underwent a major shift and saw the forging alliances and mergers between companies in order to consolidate their presence in a market environment characterized by strong competition. (Icao.int, 2013)

The aviation industry has been different however, as to date; it has mainly been dominated by two main Western players Boeing and Airbus. Now that China has also entered the Aviation industry, it will not be fool hardy to say that the Aviation industry is bound to undergo another transformation.

The implications of this analysis are that the focus on the Chinese market is justified. The Chinese air travel industry is booming, and indeed this is fueled by that country's rapid growth and the increased demand for

Development and implementation of cooperations, associations, and partnerships with other larger, more established, and highly regarded airlines both within and beyond the region to provide an extensive range of

The Airlines Industry was originally initiated in USA as a fastest and luxury mean of travel in the 30s¡¯. With the tremendous development on technological, we have numerous airlines in the world. Yet, just like any industry, there are always winners and losers in the long run. This paper is use to analyze the factors from an economics perspective that drive the industry prospect and their threats in the recent years.

The international aviation industry is arguably one of the most competitive and cut-throat businesses in the world today. Characterised by high revenue but notoriously thin profit margins, modern international airlines are constantly searching for methods to gain advantages over their competitors and attract new customers. One of these methods which has become popular since the late 1990s is that of the global airline alliance. Today there are three major alliances in operation, each containing different member airlines. These alliances offer airline customers various advantages over travel with a traditional carrier. Nevertheless, these advantages have been criticised by some as being anti-competitive, there are several examples of

“First Europe, and then the globe, will be linked by flight, and nations so knit together that they will grow to be next-door neighbors. . . . What railways have done for nations, airways will do for the world.”

Airline alliance can be defined as an agreement that consist of multiple independent airline to partner up or collaborate in various streamline costs activities and expanding market penetration and global reach (Hu, Caldentey, & Vulcano, 2013). Nowadays there is a lot of Airline Alliance in the globe that serve in many different regions throughout the world with the purpose to expands each existing airline in the alliance network by using the code-sharing, reciprocal agreements, frequent flyers programme and many other more (Pitfield, 2007). Currently there are three main Airline Alliance that consist of numerous number of airlines in each alliance. The Airline Alliance are Skyteam, Oneworld, and Sky Alliances. As stated before each one of the alliance have the same purpose which is code sharing, frequent flyers programme and many other more. The rise of the airline alliances has given significant positive impacts towards the industry, passengers and the airline itself. According to Pitfield (2007), the airline alliances give serious impact in term of passenger traffic, market shares and concentration.

In today’s extremely competitive market environment, it’s almost close to impossible to without partners and this seems to have become a dominant feature in the airlines industry. Alliances are an immediate result of globalization, increased competition among the airline companies and most importantly due to customers increasingly demanding ‘from anywhere to anywhere’ service which is almost impossible for any airline to supply efficiently. As a result of which, airline companies across the world unite their various resources by entering into strategic airline alliances.

Due to the fact that the people of Great Britain were interested in some of the most exotic locations in the world, British Airways has always tried to deliver routes that can take passengers from Heathrow to any destination in the world. However, any of these routes are unprofitable, and sense the government was no longer subsidizing the airline as heavily, new means of finding and maintaining these routes had to be explored. In recent years, British Airways, and other airlines, have realized that to maximize the number of destinations that they could service, they had to work together. In some cases this meant merging with other airlines, but for many airlines it meant that exclusive partnership agreements were reached that would allow customers to reach a destination flying different airlines, but with a lower cost because of these types of agreements. British

In less than twenty years, the global industry has gone through tremendous change. Several airlines had gone out of business that had been on top of the industry for years. One of the remarkable changes had been airline alliances. The case focuses on the airline industry and how airlines are forming alliances and joint ventures. It then introduces the partner firms Air France KLM , and Delta . Air France KLM had over 25 collaborative agreements with other carriers and was a founding member of Skyteam, one of the leading airline groups. Air France KLM and Delta Airlines formed revenue

Abstract: China 's aviation market was extremely low in 2009 because of the ravages of the global economic crisis, especially in civil aviation industry. Even the state-owned aviation enterprises was not

to match the current market needs more optimally than the competitors’ can (Ohlhorst 2013). Moreover, the company has completely revolutionized the air travel market through its Flight Efficiency Services (FES), using the Industrial Internet to help Air Asia achieve efficiency by implementing precision navigation services, flight data analytics fuel management services, and now using it to make changes to customer expectations. GE products are now making it a lead player in the Asia aviation market GE data-driven services. Also, proprietary technologies are being harnessed to identify ways to reduce operating costs, increase aircraft utilization and achieve significant savings throughout the Air Asia network.