CHALLENGES FACING AIRLINE INDUSTRY

Challenges Facing Airline Industry

Challenges Facing Airline Industry

Introduction

In spite of the efforts the drawing together of knowledge about the satellite and knowledge of technical knowledge, a large mass and very productive for many people, leading to tours and air determine the value of certain integral part of all companies because it is part and parcel of the lifestyle today. Although only about 100 years, the aviation industry and the economic approach to give a long way very successful, comfortable and reasonable means of the tower and trade. It is produced in the world; "global village" has narrowed.

Accelerating trend in the aviation industry in the world today has created a momentum in all sectors of industry to build passenger aircraft in the growing numbers, shipping and infrastructure development, regulation and airlines with the ease of sorting and verifying the integrity of the double on the ground and in the air. But to come along now, several years ago, it seems that it will be a shadow over the future of the industry, and living and the world, of uncertainty in several sectors, and the economy, power, beliefs and organization of governments. This document discusses the case of the global aviation industry is considering its position in the family members of the global expansion and provides a means for the journey and brings to the global aviation scene.

Global trends

Excerpts from the latest edition of the global aviation industry in the evaluation of the Executive Chairman of the International Association of Air Transport (http://www.iata.org) in April 2009 under the point of the current situation and future trends in the industry:

"International Air Transport is a major industry created:

1. Four million direct jobs and 400 billion pounds in income (per year).

2. Associated with twenty-four million are professionals and £ 1400000000000 performance, or 4, 5% of world GNP (per year).

3. A great producer of wealth.

4. GDP rose by three-fold over the past 30 years.

5. Flight of the right peak of seven during the comparison period.

6. This tendency to 6% per annum for the development of the aviation sector.

Manufacturing flexibility is impressive. Over the past five years there was SARS, terrorism and natural disasters have hit the confrontation. And included in the security are enormous. More people on air travel in 2009 than ever before, 1.8 billion people, and it was the safest year in the industry. Tragically, there were 428 deaths, the same level (i.e.) in 1945, he went to 9 million in the plane. It is a great accomplishment, but oversees the industry even better with the safety of the current audit of the program of the International Union of Air Transport Association (IATA). The company agreed to improve the security situation is strong, despite the sad situation in the financial sector.

Report of the horrific is that the industry lost £ 4800000000 in 2009. This makes the total deficit for the period 2001-2009 on 36000000000 pounds. There are many reasons for this decline, but the cost of ...