Open Skies Policies Essay

Pakistan International Airlines is in competition with not only international airlines but also with domestic airlines on the various routes to the Middle East and the Gulf. Due to fierce competition and rising oil prices, international aviation industry regulations and some internal factors such as human resource issues of over recruitment, de-motivated employees, mismanagement of resources both in case of manpower and other resources, aged fleet, corruption and lack of accountability PIA is facing a deep financial crisis. It is losing its market share both in international market and domestic circuit. The present research is done to know about the current situation of PIA and the factors underlying the poor performance of the organization. Nepotism, lack of management, poor service provisions are some of the factors identified through this piece

The competence of air travel depends largely on the coordination of grid and flow investment as well as operating decisions. Air transportation has become popular among travelers to different destinations due to economic liberalization. Even though economic liberalization has brought about numerous gains, there are substantial, fundamental issues that plague the industry. Currently, there is only one major corporation that has full control of air transportation. Unfortunately, this has caused travelers who want to take quick trips between cities pay higher prices while having few options on flights. Business owners and various advocates have argued that the dire situation has caused reduced air access to air transportation for those who require it. Subsequently, this issue requires a policy that targets certain aspect of the air transportation industry that will benefit the vast amount passengers who fly. These benefits should include increased travel options that are convenient, fair pricing, higher customer satisfaction, and greater flight frequency that enhances the overall travel coordination. Thus, this paper will discuss policy alternatives that will mitigate air transport issues.

There will be more variety in airline industry; all airlines as per their culture can proceed.

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

The airline industry is one that is both costly and necessary to the economy. Costly because of the funding provided by the government, recent layoffs; which has a hand in rising inflation, dealing with negative externalities and high security risks; necessary because the ease and speed of air travel is needed to keep countries productive and competitive. It is a key component to the economy. Many businesses rely on air transportation as well as consumers and individuals employed within the

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.

Cathay Pacific Airways Ltd. (C.P.) was established as early as 1950’s in Hong Kong, and fully dedicated to serve tourists from all around the globe to make the Hong Kong-established brand ultimately converted a transnational aviation carrier known as proficiency and security, encompassing an immense amount of investment of 148 aircraft. In addition to the investment on procuring aircraft, Cathay Pacific initiated accomplished match department such as ground-handling subsidiaries and catering departments, which have had headquartered nearby Hong Kong International airport. At the present time, Cathay Pacific still remains significantly dedicating on its domestic market Hong Kong, and signed new contracts for

In other Asian countries, many major airports are expected to be privatized in the near future, including Tokyo, Hongkong, and several airports in India. The ongoing structural reform in airport sector has provided an opportunity for these airports seek funding from capital markets as well as strategic investors.

Open skies is an international policy concept which calls for the liberalization of rules and regulations on international aviation industry most specially commercial aviation - opening a free market for the airline industry. Its primary objectives are:

Demographic and geographic environment: Demand of air carrier is depending on population and geographic position which influence to economic of country. China, which has the largest population, is big market for travel industry. That relate on huge growth of air traffic in cross-straits between China and Taiwan while Korean airline can gain big profit in the last quarter of 2009 because their geographic position that on the doorstep to China (Geoffrey 2010, p42). Moreover, transport in some area suitable to travel by air. Furthermore, Natural environment become point of concerned in this industry.

Authors like (Airbus, 2015), (Boeing forecasts long-term growth in air cargo traffic, 2015) and (EUROCONTROL: Seven-Year Forecast 2013-2019, 2013) estimate that the overall revenue generated per every kilometre travelled by each passenger graph will grow to above 5% of its current pace, which is remarkably higher than the pace of the world’s economic growth. Short and long range transport is expected to increase in developing countries along with their own manufacturing industries and thus, show remarkable growth when compared to that of the Middle East and the Western World.

Throughout it’s history, the air transport industry has frequently demonstrated adjustment to the current demands and economical circumstances of the market through increased fuel prices, multiple recessions and an increase in ASK’s and RSK’s (ASK = 1 seat flown 1km and RSK = 1 revenue paying customer flown 1km). This informal report will seek to outline some examples of how the industry has adapted both in the cargo and passenger markets. These two broad markets will be expanded into some significant subsections and, using recent examples, I will seek to demonstrate how they adapt. Appendix A is a table displaying the areas that will be covered.

Emirates airline as subject of study, the constant change of patters in this market and the need

The airline industry is a large and growing industry. Air travel plays a very important role in economic growth and world trade. It is expanding for either of the following reasons that is for business purpose or leisure travel. It helps in increasing the international investment as well as tourism. The airlines have made it more comfortable to travel from one place to another, and now are offering reasonable rates. Affordable rates encourage people to travel further to new places. As a result, people have started traveling to new exotic destinations. Billions of passengers are traveling every year by way of the airline industry. The airline industry is not only growing in developed countries but it is growing in developing countries also.

In the aviation context, there are various forms of specific investments on both sides. Airports may adapt their infrastructure to carriers’ needs and airlines consider their airport choice when making strategic decisions. Around the globe, the airline-airport relationship takes different forms.