TRANSPORT/ Airlines – Changing Business Landscape

The European airline industry is highly dynamic, competitive and has gone through significant changes in the last decade. As Ryanair's CEO Michael O'Leary put it: 'Air transport is just a glorified bus operation'. Indeed, flying as a comfortable and fast way of travel has lost much of its glamour from the past. Whereas air travel was a high-price privilege for the upper classes during most of the last century, globalization has led to an increased need for affordable and fast world-wide passeng...

From mega-aircraft to small boutique hotels, the travel industry is constantly changing. Fads come and go, but major transformations in the way we travel are being fuelled by new technologies and consumer demand. No one knows whether the innovations of today will still be around in 10 years time – but some things, like wireless hotspots and low cost airlines, look like they are here to stay. In the air, the biggest revolution in the past decade has been the emergence of low cost carrie...

The annual trend in world air travel capacity is steadily increasing at 3.1% per year. The growth in the past 20 years was only impacted in 2001 by the World Trade Centre (WTC) event in the US. In the last decade, the world capacity steadily grew at an average of 2.6% per year. Over the past 30 years there have been many events of differing magnitude that have impacted air travel. This report evaluates those major events that have occurred at a country, regional and global level in the aim to...

The aviation sector in India is one of the fastest growing in the world with around 18.9% growth in domestic passenger traffic in last two years. By 2020 the domestic passengers in India is set to increase up to 180 million. The boom in the aviation sector started during the last ten years with the entry of various private players in the domestic market leading to a significant reduction in air fares. Till then, domestic flying in India was as costly as international flights. This was because o...