We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Aviation - Essay Example

Comments (0) Cite this document
Summary to essay on topic "Aviation"
Pricing practices in airline industry, like any other business is driven by a motive to minimize costs and enhance organizational revenues in the short run as well as long run. Pricing is said to be the only element that can be utilized well to generate enough profit to smoothly conduct business operations…
Download full paper
Polish This Essay
Read TextPreview

Extract of essay "Aviation"

Download file "Aviation" to see previous pages... These constraints constitute environmental, technological, political and legal concerns.
Airlines in different countries of the world are owned by both private and public owners and the pricing policy takes into consideration all the prominent players of the aviation industry, such as airports,
Let us write or edit the essay on your topic "Aviation" with a personal 20% discount.. Try it now
ground transports, the customers, and freight forwarders. Apart from that, they consistently endeavour to maximise their profits and minimise costs paid to airport authorities (Adler et, el., n.d.,). Obviously this objective is achieved through the means of proper pricing policy.
The current practices of airline pricing include the cost-based pricing method that takes into account all the costs encountered during the operation such as landing charges, passenger diverging charges, air tariffs, cargo charges, loading and unloading charges, security expenditures, engine charges and other charges applicable to specific situations. For instance, some airlines charge higher for night air travels while some charge noise charges in order to fund the suspension schemes concerning noise created by aircraft on the airport (Adler et, el., n.d.,). Some airlines also go for peak-period pricing, which refers to pricing at a higher rate for some specific business seasons while lower for the others. Although these methods are widely in practice within most of the airlines, yet few airlines charge different prices at different levels of services, seasons, markets etc.

-2- Relation of Pricing Practices with Costs, Investment Decision and Aircraft Capacity
Pricing practices prevailing among the airlines are closely knitted with the various costs, investment decision and aircraft capacity. In fact, pricing decisions are taken while considering all of these factors, as price can seriously affect them. An efficient pricing practice can lead an airline to alleviate costs, maximize revenues and operate efficiently with maximum utilization of aircraft capacity.

Airlines base their pricing policy most prominently on costs, which are mainly the charges imposed on the airlines by the airport authorities plus other technological, aircraft maintenance and security expenditures. Airline pricing evidently reflects the exacerbation and alleviation of various costs encountered during the flight operations. As the costs rise, prices too go up and vice versa. Therefore, the major concern of airlines while devising an efficacious pricing policy remains to minimise the charges, fees and tariffs paid to airport for the purpose of maximising its revenues.
Airline pricing practices can further be related to the investment decisions. Airlines do base their investment decisions on pricing through cost estimation in a way as discussed by Banker and Johnston (1993). They say that airlines base their investment decisions after estimating their costs drivers. Pricing is determined with the objective to minimise costs and enhance revenues. The revenues are in turn considered to further enhance their investment into innovative technology to get competitive edge over the other airlines in the industry. These investment decisions can only be made once all the costs likely to be encountered in the year is estimated well by airline. Therefore pricing leads to the estimation of various costs, which in turn takes an airline to devise its investment decisio ...Download file "Aviation" to see next pagesRead More
Cite this document "Aviation"
  • APA
  • MLA
(“Aviation Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Aviation Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/miscellaneous/1509870-aviation
(Aviation Essay Example | Topics and Well Written Essays - 750 Words)
Aviation Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/miscellaneous/1509870-aviation.
“Aviation Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/miscellaneous/1509870-aviation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Aviation Law
This research will analyze the different scenarios presented with the intention of advising different stakeholders in two cases using the Air Navigation Order (ANO) or Rules of the Air (RotA) laws. The provisions or statutes of these laws will be applied in coming up with sound and legal advice to different stakeholders.
10 Pages(2500 words)Essay
Aviation Careers
Aviation Careers. Aviation offers many varied and exciting career opportunities. Aviation careers cover management and supervisory jobs in all aspects of the aviation industry, including aviation manufacturing, airlines, general aviation (small aircraft flight support and flying) and airport management.
1 Pages(250 words)Essay
Sustainable Aviation
It was however found that reduction of the combustion capacity of the engines led to the increased emission of Greenhouse gases like Carbon Dioxide into the air. Scientists and environmentalists around the world are endeavouring to find means for deriving a sustainable fuel source for the aircraft engines which in turn would reduce the atmospheric pollution (Azapagic and Perdan, 2011, Ch.
8 Pages(2000 words)Essay
Aviation Security
As more airlines continue privatizing due to liberalization of the aviation industry, the security measures also need to be enhanced to protect the travellers. The safety and security of the people of Australia their visitors is a priority of the government in respects both in public and private aviation practice.
10 Pages(2500 words)Essay
Aviation Maintenance
Several recent accidents and incidents have emphasized continuing difficulties in flight crew interaction with flight deck automation. Other indicators of potential safety problems, such as flight crew reports, training and operational difficulties, research studies, and surveys also point to vulnerabilities in this area.
11 Pages(2750 words)Essay
Aviation Safety
undergoing recordkeeping and standardized personnel training; taking consideration of paved and unpaved surfaces in the airport; provision of safety areas according to the requirement in Part 139; appropriate provisions are made for lighting, marking and sign planning; a viable
5 Pages(1250 words)Essay
The passengers are obliged to provide all the important travel documentaries. b) The passenger has to pay back fare in case he or she is refused to enter the country where he or she was destined. c) There is also a provision which requires an individual or
4 Pages(1000 words)Essay
Aviation psychology
It is a fact that the aviation industry is currently concerned with how to create value better services and performance for their customers and this has created a situation where costs have been of a great concern. An airline
8 Pages(2000 words)Essay
This because people in the neighbourhood surrounding the airport are constantly disturbed by frequently landing and taking off airlines (Arana, Martin, Nagore & Pérez,
2 Pages(500 words)Essay
According to air controllers in Miami, the mark of air traffic control in this airport is to be able to see the aircrafts. This was however
1 Pages(250 words)Essay
Let us find you another Essay on topic Aviation for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us