After being turned into clothes by the English, it was then sold to U.S. citizens at a huge premium (Brodwin, 2012)
4 billion annually, but if considering the indirect benefits of more frequent flights and few trips that require changing airlines, the benefits to passengers from deregulation amount to just over $18 billion a year. Another major accomplishment of deregulation has been the improvement in airline productivity through better capacity planning strategies that the decontrol of prices and routes allowed and the increase in competition demanded (Kahn, Airline deregulation)
Deregulation Act of 1978 Before 1978, the Civil Aeronautics Board (CAB) regulated airlines out of concern that intense competition would cause airlines to set fares too low to generate the profits needed to reinvest in new equipment and other capital (Meyer and Menzies, 1999)
The crews are highly innovative and armed with high level technological expertise and are in operation round the clock to provide the services. Through the enhanced support, the airlines and the aircrafts are linked to the suppliers and a solution is reached to fix the problem in a timely manner where those on board can carry out the repair and continue with the flight or respond to the advice and recommendations of the through flight maintenance team (Airbus, 2012)
The crew must understand the diversities and challenges that come with cultural differences are therefore required to act in a manner that does not offend passengers or discriminate. Among the skills required include; Pre and post flight preparations, use of personal protective equipment and safety equipment, knowledge of emergency procedures and drills, aircraft underwater escape skills, use of life saving equipment, aviation security procedures, helicopter landing and winching skills, basic first aid skills and a number of health procedures to be able to deal with the unforeseen situations during flight (CareFlight, 2010)
However, there are indications that due to deregulation and the competitiveness, the profitability for certain airlines have significantly reduced which has raised a concern over issues of maintenance. The competitive pressures brought by deregulation may result into cost cutting measures and a reduction in the amounts spent on maintenance of the vessels increasing the number of risks as a result of the reduced profit margins (John W. Barnum, 2008)
There have been concerns about the changed definition and rules that have attracted debates, that the change of the definition and the new core requirements for depot level maintenance may upset the balance between the Department of Defense and the Industry. In Addition, changing the definition has no relation with the source of funds or an intension to change (Pete Steffes, 2012)
Upon completion the phase team usually run a series of tests ensuring there are no cracks or other faults, exchange the filters and plugs to ensure transmission is perfect. However there might be some shortcomings that may delay the procedure which involves the inability to find certain components readily available that might take more time (Sgt. Alun Thomas, 2009)
Privatization of airports: One of the fall-outs of deregulation has been the privatization of airports which were traditionally operated by the government. The United Kingdom set the tone for this trend as early as 1987, when it allowed full privatization of seven airports of the British Airways Alliance and commercialized 16 local authority owned ports (Ashford, 1999)
There is growing tendency of airport managements addressing the risk of air pollution as one of the key issues in the airports' environment impact statement. (Aziz et al
Aircraft noise is cited as one major deterrent for unchecked development of air transport in terms of number of flights and more airports. In fact, it is recorded that noise pollution is one of the main reasons pulling back the growth of airports in Europe (Berglund, Lindvall and Schwela, 1999)
It has been reported that, in general, alliances have resulted in positive impact on the performance of the airlines in terms of passengers and revenues (Doganis, 2001) and profits have increased at a faster rate than market share. (Button et al
Fallout of this restriction can be seen from the fact while there are only six airlines on the American side for the transatlantic routes; there are as many as twenty airlines on the European side. (Doganis, 2001) European airlines are limited to a single market and thus often have to depend on a single hub for intercontinental services
5% in 1998-99, thanks to hotels, business parks, duty free outlets etc. (Francis and Humphreys, 2001)
Ryannair, EasyJet, Virgin Express, Go and Buzz are some of the lines offering low cost travel. A major advantage of the low-cost air transport is that it has encouraged even middle-income groups to venture out air travel for the sheer enjoyment and more and more people are opting air transport for leisure travel (Graham and Guyer, 1991)
In the United Kingdom, low-cost airline traffic is expected to grow at 6.6% per annum for the years 1998-2015. (Humphreys, 2003)
In the United Kingdom, low-cost airline traffic is expected to grow at 6.6% per annum for the years 1998-2015. (Humphreys, 2003)
5% of the world revenue passenger kilometres and 61% of all revenue passengers were carried by one of the top five alliances. (Jasper, 2000 and Lewis, 2000)
95 and shave off as much as four hours on a transatlantic two-way journey. (Norris, 2001) Airlines consolidation: The global trend in airline industry is consolidation and relegation of marginal players
The remaining share was shared between several other smaller players. (Riley, 2003) De-regulation of the European airline industry: For many years, the European airline industry was under tight regulation