AIR TRANSPORT (WK2) Flashcards
Two industries of aviation
Aerospace Industry
Air Transportation Industry
They became the world’s largest producer of
civil aircrafts and equipment
US FEDERAL GOVERNMENT
Principal developer and producer of defense, space and other government required systems.
Aerospace Industry
What/ how much of the Aerospace industry has the US Federal Government bought in the 21st century?
2/3 (74%)
Why is the Aerospace industry vital?
- Research and Development
- Trade Balance
- Employment
- Impact on other industries
What industry represents the nation’s largest employers
Aerospace Industry
How many workers and jobs are there in the Aerospace Industry?
646,000 workers
2 Million US jobs
TRUE OR FALSE: Aviation Industry suppliers do note assemble finish product.
TRUE
TRUE OR FALSE: Airplanes are complex and costly to manufacture.
TRUE
TRUE OR FALSE: Aircraft manufacturer will use over 10,000 suppliers
FALSE: 15,000
What are the important Commodities in manufacturing and Airplane?
- Primary nonferrous metals
- Radio
- TV & communications equipment and
scientific and controlling instruments
Market Segments of the Aerospace Industry
- The Government
- Civil Aviation
- General Aviation
MARKET SEGMENTS: Defense Contractors
The Government
MARKET SEGMENTS: Dominated by the Department of Defense & National Aeronautics and Space Administration
The Government
MARKET SEGMENTS: Approx. $110B Sales in 2013
The Government
MARKET SEGMENTS: Principal Product: Air Transport
Civil Aviation
MARKET SEGMENTS: Internationally Inclined
Civil Aviation
MARKET SEGMENTS: Civil Aircraft Manufacturers
Civil Aviation
MARKET SEGMENTS: Deals with Airline Operators
Civil Aviation
MARKET SEGMENTS: Sales depend on the financial health of the world’s airlines
Civil Aviation
Factors Affecting Commercial Transport Sales
- Economic Growth
- Inflation
- Replacement aircraft
- Airline profitability
- Cyclical Industry
- Future Trends in Airline Transport
MARKET SEGMENTS: Manufactures light aircraft and components
General Aviation
MARKET SEGMENTS:
Light aircrafts and helicopters
General Aviation
Two industries under the Air Transport Industry
- Certified Air Carriers
- General Aviation
Two Certified Air Carriers
- Commercial Airlines
- Common Air Carriers
Non- commercial or private use industry
General Aviation
Two types of General Aviation
- Business Aviation
- Commercial Aviation
GENERAL AVIATION: ”Used to conduct businesses”
Business Aviation
GENERAL AVIATION: ”People carried for compensation or hire but not as a common carrier”
Commercial Aviation
Essentially all civil aviation except that which carried out by the certificated airlines
General Aviation
Air Transport’s Contribution to the economy
- Aviation employs thousands of people as well as its support industries
- Optimization of just-in-time shipping, providing expanded services at lower cost
- Helps industries to participate in competition
- Provides integrated services air-land-air delivery services
Air Transport’s contribution to efficient conduct of business:
It is now a part of our way of life.
- Speed
- Efficiency
- Comfort
- Safety
- Economy
Values associated with timeliness:
- Less fatigue
- Quicker on-the-spot
decisions and actions
- Expand market areas
Speed, Efficiency, Comfort, Safety, and Economy is a symbol of?
modern society and
modern air transportation
These carriers provide regularly scheduled passenger or cargo service on aircraft predominantly seating fewer than 60 passengers or holding cargo with an 18,000-pound or less payload.
Regional Carriers
A typical regional flight operates over a trip distance of ____________and at lower altitudes than flights of the long-haul carriers.
100 to 400 miles
regional/commuter airline passengers connect to or from major airlines, saving passengers both time and money, as a result of tight marketing partnerships between regionals and majors known as _________
code sharing
