INTRODUCTION TO THE AIRLINE INDUSTRY COURSE - IATA
INTRODUCTION TO THE AIRLINE INDUSTRY COURSE - IATA
INTRODUCTION TO THE AIRLINE INDUSTRY COURSE - IATA
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8.4.3 Investigative tools.......................................................................................................... 258<br />
8.4.4 The Flight Data Recorder .............................................................................................. 259<br />
8.4.5 The Cockpit Voice Recorder ......................................................................................... 259<br />
8.5 Security.................................................................................................................................... 261<br />
8.5.1 What Do We Mean by Aviation Security? ..................................................................... 261<br />
8.5.2 Response of ICAO......................................................................................................... 261<br />
Module Summary............................................................................................................................. 264<br />
Module 9 – Future of the Industry<br />
9.0 Future of the Industry ............................................................................................................. 267<br />
9.1 Predicted Growth of the Industry............................................................................................ 268<br />
9.1.1 Industry Overview......................................................................................................... 268<br />
9.1.1.1 The Leisure Market ............................................................................................ 268<br />
9.1.1.2 The Business Market.......................................................................................... 269<br />
9.1.1.3 Market Growth.................................................................................................... 269<br />
9.1.1.4 Decade of Disastrous Growth ............................................................................ 269<br />
9.1.2 Changes in the Industry ............................................................................................... 271<br />
9.1.2.1 The Drive towards Efficiency.............................................................................. 271<br />
9.1.2.2 Deregulation Intensified...................................................................................... 271<br />
9.1.2.3 Birth of the Airline Alliances................................................................................ 272<br />
9.1.2.4 New Services...................................................................................................... 272<br />
9.1.2.5 Arrival of the Low Cost Carriers (LCCs)............................................................. 272<br />
9.1.2.6 Projected Growth of Low Cost Carriers.............................................................. 273<br />
9.1.2.7 Future Growth..................................................................................................... 273<br />
9.2 Threats to the Airline Industry ................................................................................................ 275<br />
9.2.1 Financial Viability........................................................................................................... 275<br />
9.2.2 Fuel Prices..................................................................................................................... 276<br />
9.2.3 Fares ............................................................................................................................. 276<br />
9.2.4 Impact of Low Cost Carriers.......................................................................................... 277<br />
9.2.5 Capacity Management .................................................................................................. 277<br />
9.2.6 Taxes and Surcharges .................................................................................................. 278<br />
9.2.7 Health Issues................................................................................................................. 278<br />
9.2.8 Freight Shipments ......................................................................................................... 279<br />
9.2.9 Consolidation of Freight Forwarders ............................................................................. 279<br />
9.3 <strong>IATA</strong>’s Industry Priorities ........................................................................................................ 282<br />
9.3.1 <strong>IATA</strong>’s Role.................................................................................................................... 283<br />
9.3.2 Simplifying the Business ............................................................................................... 283<br />
9.3.2.1 E-Ticketing.......................................................................................................... 284<br />
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