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Printable Handouts
Navigable Slide Index
- Introduction
- Overview
- Current state of the airline industry
- Low cost carriers (LCC)
- LCC approach to lower operating costs
- Traditional carriers vs. LCC - costs
- LCCs' entry to the market
- Case study: LCC entry at Richmond
- LCCs' growth
- LCC market penetration
- Internet booking (1)
- Internet booking (2)
- Rising fuel costs
- Fuel efficiency and fuel expense
- Mergers and failure of airlines
- Mergers and alliances
- Current state: lower average prices
- Revenue management
- Airline industry is ideal for revenue management
- History of revenue management
- American airlines and PEOPLExpress
- Business vs. leisure travelers
- Market segmentation
- Revenue management differences
- The classical approach
- The classical approach of traditional carriers
- The LCC approach (1)
- The LCC approach (2)
- Availability of discount fares
- Airline pricing and competition
- Pricing curves: LCCs
- Pricing curves: traditional carriers
- Airfares - LCCs vs. traditional carriers
- Differences among LCCs
- Southwest strategies
- RyanAir strategies
- EasyJet strategies
- Looking ahead (1)
- Looking ahead (2)
- What’s the future of revenue management?
- Acknowledgements
Topics Covered
- Low cost carriers (LCC)
- Lowering operating costs
- Market penetration and growth
- Internet booking
- Fuel efficiency and fuel expense
- Mergers and failure of airlines
- Business vs. leisure travelers
- Market segmentation
- The classical approach
- Airline pricing and competition
- Differences among LCCs
- LCCs strategies
- The future of revenue management
Talk Citation
Garrow, L. and Mumbower, S. (2009, November 10). Low cost worlds and the airline industry [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved November 21, 2024, from https://doi.org/10.69645/PJKZ7399.Export Citation (RIS)