The best passenger planes


Trends in the Aviation Industry: Coping With Change

On a brisk winter Thursday morning, December
17th, 1903, for the first time ever, WilburHow does cost cutting affect in-flight
and Orville flew the Wright Flyer, theservices? An obvious outcome is the number of
world's first powered flight. It was a dreamdwindling airlines providing amenities such
come true for the tenacious brothers. It wasas in-flight meals and other standard
the  beginning  of consumer aviation history.services. Many of the airlines that used to
offer fresh and healthy meals at no
It's been 100 years now, but afteradditional expense are now selling snacks and
deregulation of 1978, and industrymeals on board. So, while flying Midwest
consolidation of the 1980s, we're facing someAirlines, we purchase deli-style breakfast,
major changes in the airline industry, mostlunch  and  dinner  selections  on  board.
importantly, the purchase of airline tickets
through travel agencies, the rise of low-costThere is one upside, individual entertainment
carriers and changes in the airlinesystems and data ports are becoming
hub-and-spoke  route  patterns.increasingly available to consumers. So, it's
easier for us to stay connected while in the
Online travel sites and low-cost carriersclouds!
have definitely made flying affordable for
hordes of travelers, with far reaching impactImplications  of  the  Hub-and-Spoke  System
on  our  travel  decision  patterns.
We know how important the hub (main airports)
Ahoy!  Cost  Cuttingare. But, so much reliance on one airport can
have significant implications for both
Okay, guess how many internet users we haveconsumers and airlines. For example, a severe
worldwide. Reports and surveys show that overweather disturbance may paralyze a large
1 billion people are glued to the internetairline's entire operation. This might result
everyday! The advent of direct airline ticketin flight delays, and greater demand for
sales, on both individual airline anddirect flights (versus layovers), especially
discount travel web sites have brought hugebusiness class flyers with tight deadlines.
transformations in the marketing and sellingAlso, greater frequency of flights between
of air tickets. Whether it's Americantwo hub markets might lead to increased
Airlines, or United Airlines, Lufthansa orairfares. Say, if we have a higher frequency
any other airline on earth, booking airof British Midland flights between London and
tickets  is  just  a  mouse  click  away!New York, chances are that British Midland
airfares between the two hubs will see a
For instance, in 2002, over 39 millionsharp  rise.
Americans booked travel using travel web
sites. Did you know that this was a 25%Future  Trends
increase from 2001?! Such exponential growth
of online bookings have resulted inIn 2001, commercial airlines carried 450
considerable cost savings for airlines. Formillion passengers. This is a whopping 250%
example, purchasing a Northwest Airlinesincrease since deregulation in 1978.
ticket through a travel agent costs $30. AAccording to predictions, over the next 20
ticket sold online costs just about $10.years air travel will increase threefold. An
Hence, distribution and selling costs haveinteresting prediction is that about 70% of
been reduced by one-third to less than 10% offlights will be operated from just 25
an  airline's  total  costs.airports, many of which, such as New York and
Heathrow, are already so congested they can't
What's  the  Benefit  for  Customers?accommodate more planes. Under these
circumstances, the only solution lies in
It's an easy guess now that price reductionsusing larger carriers to accommodate more
in fares are the benefit of purchasingpassengers. The doubled-deck, four-engine,
airline tickets online. Price transparency555-capacity Airbus A380 has already been
demands that airlines acclimate to moretested and is scheduled to start operations
price-conscious consumers. After all, most ofin  late  2007.
us shop around and compare price options and
fares across different airlines. Added toAviation is going through another historical
this, the cut-throat competition andchange. Bigger airplanes to carry more
increasing knowledge about surrogate flights,passengers, cheaper flights and fewer
and  airfares  continue  to  drop.airports. 10-years from now, I wonder how
we'll reflect on this time.
Cost  Cutting  and  In-flight  Services



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