Airline Business Case Study Example | Topics and Well Written Essays - 500 words

Airline Business - depicted object Study ExampleThe major drivers which facilitated this trend are the deregulation of the European air travel arena the establishment of the European Union the 9/11 tragedy the rapid technological advancement and transmit in customers lifestyle and preferences. It is irrefutable that the deregulation of the European airline intentness primarily contributed to the rise of pocket-sized embody carriers. It can be recalled that deregulation has lowered the barrier to entry in the industry as well as enhanced the competitiveness of the players which are previously receiving subsidy from the government. This, in turn, full-sizely contributes to the cost efficiency of airline operators allowing them to charge lower prices to passengers. While this is true for budget airline like EasyJet large carriers have suffered significantly from the deregulation as this opens the door for the entry of smaller firms and heightening the competition among industry p layers.The establishment of the European Union affects the airline industry has the same effect like the deregulation of the sector. This has heart-to-heart up markets and lowered operating costs, encouraging the proliferation of low cost carriers (Sorensen 2006).The 9/11 tragedy which unexpended terror worldwide has also helped in lowering the cost of air tra