Part 1: Review Questions
- Discuss the importance of why successful airlines are those who design and implement a sound strategy.
- Explain why the concept of “value added” focus, using the all-business class strategy, has failed in the airlines industry.
- Discuss why there has been a growing interest in performance assessment and benchmarking for airports and describe some of these meaningful assessment measures.
- List and discuss the factors influencing costs and revenues in airports today. Why are these factors problematic?
- Describe the low cost carrier model and give some examples of this model’s use in the airline industry.