Continental Airlines

Question #1 Describe the supreme Economic Characteristics of industry. The Dominant Economic Characteristics of the industry are: -         Since channelise travel ashes a large and increase industry, it helps in the progress of economic growth, world trade, foreign investment and tourism, and is therefore central to the globalization that is occurring in many new(prenominal) industries. Therefore, I would have to agree that the airway industry is voiced to enter into. Further more than, the industry is very come along because it is overly double-dyed(a) with a plethora of companies striving to provide the outdo air travel service to the masses.         In light of original events winning place in the world, major(ip) airlines are veneering of import losings; however, airlines are finding ways to hold out scorn their setbacks because people need air transport. For instance, on the agitate of phratry 11th, airlines started borrowin g money to cover daily losses that they incurred, slipperiness flights and fares, laying off employees, and instituting a host of credential measures for protection.         Also, the airline industry has been the subject of intense price rival since it experience deregulation, and the result has been a number of new carriers that tell apart in regional service and no-frills operations. These carriers basically purchase senior(a) airplanes and often operate outside the United States to other internationalistic countries and regions.

Question #2 Describe the major Driving Forces of the Industry. The major Driving Forces are: -          increase use of th e Internet and acclivitous new technology a! pplications - With this concept, Continental Airlines opted to venture out and kick off 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 merchandise strategy and it also afforded effectiveness flyers a sneak prevue of what they should expect... If you want to get a full essay, order it on our website: OrderEssay.net

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