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Intro To Av (1st Year, 1st Sem) > Airline Industry > Flashcards

Airline Industry Flashcards

1
Q

This covers wide range of business. They are what offers air transport services for customer. The services are provided for both travelers and cargo and are most offered via jets.

A

Airline Industry

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2
Q

This refers to companies that offer air transport services to customers

A

Airline Industry

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3
Q

This includes all aviation-related operations

A

Aviation Industry

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4
Q

What are the four types of airline business models?

A

a. Full-Service Carrier (FSC) and Legacy Carrier
b. Low-Cost Carrier (LCC)
c. Charter Airline
d. Cargo Airline

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5
Q

What is the other term for Legacy carriers?

A

Heavy-weights

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6
Q

This is an airline that had been established interstate routes before the beginning of route liberalization, Air Deregulation Act of 1978

A

Legacy Airline

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7
Q

These are airlines that operate with a business model that includes offering a range of pre-flight and on-board services with the price of the ticket

A

Full-Service Carrier

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8
Q

True or False? FSCs can be current or former-state owned flag carriers, or privatized.

A

True

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9
Q

State some of the amenities or “frills” included in a FSC ticket

A
  1. Options for different seating classes
  2. Access to lounges
  3. Baggage Allowance
  4. In-Flight food
  5. Entertainment
  6. Benefit of flying into major airports
  7. “Comfort”, among others
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10
Q

Low-Cost Carrier is also commonly known as?

A

Low-cost airline, discount airline, low-frills, no-frills airlines, ultra-low-cost carrier etc.

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11
Q

They were formed post-deregulation and offers short-haul domestic and international flights

A

Low-Cost Carrier (LCC)

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12
Q

Enumerate the differences of LCC and FSC

A

a. Single-seating class, only economy available
b. No baggage allowance included
c. No in-flight food (available and paid-on board)
d. LCC usually will fly to secondary airports
e. Usually will have smaller fleet

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13
Q

This is known as “holiday carriers”, they offer un-scheduled air transportation services.

A

Charter Airlines

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14
Q

This is known as “air freight carriers”, which primarily focuses on the air transportation of cargo.

A

Cargo Airlines

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15
Q

This type of cargo carrier are subsidiaries of airlines, shipping to and from airport only

A

Traditional Cargo Carriers

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16
Q
A
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17
Q

This includes non-flight elements such as having own holding facility and a “door-to-door” service.

A

Integrated Cargo Carriers

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18
Q

This refers to a cooperative partnership among airlines

A

Airline Alliances

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19
Q

What are some of the factors or assets that airline alliances share?

A

Flights, Operational costs, and Frequent Flyer Programs (FFPs)

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20
Q

What are the three major FSC airline alliances? State them in order

A
  1. Star Alliance
  2. Oneworld
  3. SkyTeam
  4. Vanilla Alliance (kind of small)
21
Q

Give some advantages of an Airline Alliance

A

a. Will offer a wider range of network through code-sharing
b. As a customer, you can earn miles/ points on FFPs of member airlines
c. Member Airlines will have shared benefits and services
d. Alliances are strong marketing tools, which also improves an airline’s image among others

22
Q

Give some disadvantages of an Airline Alliance

A

a. Joining an alliance may be restricted by regulations, or alliance requirements
b. What the member does, other members do and member airlines need to abide by the alliance’s regulations
c. Competition on a certain route can be erased by the alliance can gain monopoly, thereby raising prices
d. Member airlines may not get along

23
Q

Give the three requirements of an Airline alliance

A
  1. Each alliance has their own requirements, this is just a general POV
  2. A long preparation is needed by the airline. They must demonstrate or show that their network, safety records, quality, passenger services, etc. are up to par to get them in an alliance
  3. However, not all airlines are interested in joining
24
Q

Who are the founding members of SkyTeam? and how many airline members are there?

A

Founding members: Aeromexico, Air France, Delta, Air Lines and Korean Air

Number of airline members: 20 airlines

25
Q

Who is the chairperson of SkyTeam?

A

Patrick Roux

26
Q

Who is the CEO of SkyTeam?

A

Kristin Colvile

27
Q

Where is the HQ of SkyTeam?

A

Amstelveen, Netherlands

28
Q

When was SkyTeam founded?

A

June 22 2000

29
Q

Who are the founding members of Star Alliance and how many member airlines do they have?

A

Founding members: United, Scandinavian, Thai Airways, Air Canada, and Lufthansa

Number of member airlines: 26

30
Q

Where is the HQ of Star Alliance?

A

Frankfurt am Main, Germany

31
Q

Who is the CEO of Star Alliance?

A

Theo Panagiotoulias

32
Q

Who are the founding members of OneWorld? and how many member airlines do they have?

A

Founding members: American Airlines, British Airways, Cathay Pacific, Canadian Airlines

Number of member airlines: 15

33
Q

Who is the CEO of OneWorld?

A

Rob Gurney

34
Q

Where is the HQ of OneWorld?

A

New York, USA

35
Q

When was Star Alliance founded?

A

May 14 1997

36
Q

When was OneWorld founded?

A

Feb 1 1999

37
Q

Who is the Chairman of OneWorld?

A

Akbar Al Baker

38
Q

Who are the founding members of Vanilla?

A

Air Austral, Air Madagascar, Air Mauritius, Air Seychelles and Int’ Airlles

39
Q

Who is the President of Vanilla?

A

Marie-Joseph Malé

40
Q

When was Vanilla formed?

A

September 21 2015

41
Q

This is the first low-cost carrier alliance

A

U-Fly

42
Q

Who are the members of U-fly?

A

Hk Express, Lucky Air, Urumi Air, West Air

43
Q

When was U-fly formed?

A

January 18 2016

44
Q

Where is the HQ of U-fly?

A

Hong Kong

45
Q

Who is the CEO of U-fly?

A

Andrew Cowen

46
Q

Who is the executive chairman and president of U-fly?

A

Ma Zhimin

47
Q

When was Value founded?

A

May 16 2016

48
Q

Who are the original members of Value?

A

Cebu Pacific, Cebgo, Jeju Air, Nok Air, NokScoot, Scoot, Tige-air, Tigerair Australia, Vanilla Air

Intro To Av (1st Year, 1st Sem) (2 decks)

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