The airline industry has seen better days since the September 11th attack on the United States.
The overall business environment of American Airlines has suffered tremendously since the.
attacks. On September 11th, two American flights were hijacked. Flight 11 carrying 81.
passengers, 9 flight attendants, and 2 pilots crashed into tower one of the world trade center. .
Flight 77 carrying 58 passengers, 4 flight attendants, and 2 pilots crashed into the Pentagon. Also.
on November 12th, an American Airlines Airbus A300 aircraft crashed into a Queens.
neighborhood after takeoff killing a total of 260 people. That crash was due to mechanical.
difficulties. .
American Airlines is part of AMR Corporations which is also the parent company of TWA.
and American Eagle. AMR's corporate vision is to be the leading airline by focusing on safety,.
service, network, product, technology, and culture. The external business environment consists of.
general and specific components. The economy, technology, sociocultural, and political or legal.
aspects make up the general environment. The customers, competitors, suppliers, industry.
regulation, and advocacy groups make up the specific environment. .
The general environment has affected American Airlines in many ways. First the economy.
has been in a period of a recession since the September 11th attacks. The economy is suffering.
due to the lack of consumer spending. People have the money to buy, but they are not willing to.
buy right now. The travel industry took a big loss since the attacks. Consumers are not willing to.
travel by plane as much as before. The government had to step up to maintain the survival of the.
airline industry, so Congress passed an aid package. American Airlines received about 900.
million in cash from the government.
American still has to keep up with their technology to survive this crisis. It's technology.
such as airplanes, repair tools, computers, the knowledge of the mechanics, ticketers, and flight.
The airline industry is a service industry. ... The airline industry has been for the most part profitable for the last sixty years. ... Free markets are essential to the survival of the airline industry. ... The airline industry has seen tremendous growth since the deregulation of the industry starting in 1979. ... The airline industry has entered its most turbulent time in history. ...
Basic description of Industry Industries such as the US airlines are a very valuable and are used throughout the world as an easier way of transportation. ... The U.S. airline industry is based out of the U.S. ... In the early 2000, the growth in the airline industry was hopefully around 5%. ... Airline Industry has changed over the years. ... The range of people that the US Airline Industries attract are scattered throughout. ...
In the wake of recent world events major airlines are facing significant losses and potential bankruptcy, the largest annual loss in the history of the industry. ... Even before the world witnessed the disastrous hijacking of four commercial airliners, the airline industry was close to financial ruin. ... Anderson, chief executive of Northwest Airlines, said he expected the industry to lose about $ 3 billion this year, after a loss of $ 9 billion in 2002. ... CEO Leo Mullin has outlined a three-point plan for the federal government to undertake if it wants to save the U.S. airline industry (Mu...
In the wake of recent world events major airlines are facing significant losses and potential bankruptcy, the largest annual loss in the history of the industry. ... Even before the world witnessed the disastrous hijacking of four commercial airliners, the airline industry was close to financial ruin. ... Anderson, chief executive of Northwest Airlines, said he expected the industry to lose about $ 3 billion this year, after a loss of $ 9 billion in 2002. ... CEO Leo Mullin has outlined a three-point plan for the federal government to undertake if it wants to save the U.S. airline industry (Mu...
Introduction The purpose of this paper is to analyse the European airline industry in terms of strategic issues. ... Industry Background The airline industry is a very unique. ... A trend towards globalisation is noticeable in the airline industry. ... Economic Factors The European airline industry is a competitive industry, which is closely linked to the performance of the overall European economy. ... Terrorist Attacks The airline industry was directly affected by the September 11th attacks. ...
The airline industry faces competition from other transportation modes, such as railroads, buses. ... The airline industry has become more concentrated over the last 10 years. ... The bargaining power of suppliers: Labor is the airline industry's largest single expense. ... Competition from established rival has had the biggest impact in depressing industry profitability: the airline industry has become more concentrated over the last ten years, because of mergers between airline companies and bankruptcies of many firms. ... A good example in the airline industry is Southwest, one of th...
airline industry The airline industry has been subject of intense price competition since it was deregulated, and the result has been a number of new carriers which specialize in regional service and no-frills operations. ... By investigating these air carriers, we can better understand the economic impacts of price versus service in the airline industry as a whole, as well as, the impacts on passenger and investor confidence. ... Deregulation of the airline industry brought about in 1978 introduced a situation in which the national and regional carriers were suddenly able to compete in ...
The airline industry has an overall elastic flavor to it. ... In this way, the presence of substitutes adds to the elasticity of the airline industry. ... The assets involved are highly specific to the airline industry. The assets could not be used outside the airline industry, but they could easily be sold within the industry. ... These innovations allowed the airline industry to evolve into a more cost efficient structure. ...
The airline industry is a market like any other, with its prices being controlled by supply and demand. Since September 11, 2001, the airline industry has been trying to recover from billions of dollars in loss. ... Destructive competition is killing the industry. ... In the industry, some advances have been made already to air travel. ... This has caused the goals of the industry's executives to switch their focuses" directly to security. ...
