Assignment

 Part 1: Review Questions

1. Discuss the importance of why successful airlines are those who design and implement a sound strategy.
2. Explain why the concept of “value added” focus, using the all-business class strategy, has failed in the airlines industry.
3. Discuss why there has been a growing interest in performance assessment and benchmarking for airports and describe some of these meaningful assessment measures.
4. List and discuss the factors influencing costs and revenues in airports today. Why are these factors problematic?
5. Describe the low cost carrier model and give some examples of this model’s use in the airline industry.