Airline business models Flashcards
1
Q
The typical profit margin for airlines is usually 1%, why is this
A
because so much money goes towards fuel, salaries, maintenance, fees etc…
2
Q
What is a full service carrier
A
airline that provides a wide range of services, including different service classes and connecting flights
3
Q
What is a low cost carrier
A
Airline that focuses on cost reduction
4
Q
What is a regional carrier
A
“feeder airlines”, use smaller aircraft and operate in a smaller geographical area
5
Q
What is charter
A
Private flights arranged by the passengers, not predetermined by the airline
6
Q
What is a cargo and integrated carrier
A
Focuses on cargo operations
7
Q
What is cabotage
A
Foreign operators carrying passengers between domestic points of another country
