Continental Airlines

Question #1 Describe the supreme Economic Characteristics of industry. The Dominant Economic Characteristics of the industry are: -         Since channelise travel body a large and increase industry, it helps in the progress of scotch growth, world trade, foreign investment and tourism, and is therefore central to the globalisation that is occurring in many new(prenominal) industries. Therefore, I would have to agree that the airline industry is voiced to enter into. Further more than, the industry is very develop because it is overly double-dyed(a) with a plethora of companies striving to provide the ruff air travel service to the masses.         In light of watercourse events winning place in the world, study airlines are lining of import losings; however, airlines are finding ways to belong scorn their setbacks because people need air transport. For instance, on the force out of phratry 11th, airlines started borrowing money to cover daily losses that they incurred, slipperiness flights and fares, laying off employees, and instituting a host of security department measures for protection.         Also, the airline industry has been the subject of intense price disputation since it experience deregulation, and the result has been a number of new carriers that delimitate in regional service and no-frills operations. These carriers basically bargain for senior(a) airplanes and often operate outside the United States to other planetary countries and regions.

Question #2 Describe the major Driving Forces of the Industry. The major Driving Forc es are: -          increase us! e of the Internet and acclivitous new technology applications - With this concept, Continental Airlines opted to venture out and divulge and implement a website of its let www.continental.com to provide a more upscale conduit to purchasing tickets and stop assisting customers with whatever they may need. This boosted the companys merchandising strategy and it also afforded effectiveness flyers a sneak preview of what they should expect... If you want to get a full essay, order it on our website: BestEssayCheap.com

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