Pre-Finals Pt.2 Flashcards

1
Q

This holds within a wide range of businesses which offer air transport services for paying customers and/or business partners

A

Airline Industry

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2
Q

This can include public and private flights. This can be further split into business and leisure travel.

A

Passenger Flights

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3
Q

There is also a large amount of air travel that helps facilitate international trade. Air travel is usually the choice for items that need to be moved about quickly, as planes are much faster than a ship or train cargo

A

Cargo Flights

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4
Q

What are the other industries within airlines?

A
  • Hospitality
  • Engineering
  • Logistics
  • Marketing
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5
Q

This is tending to customers, providing food and drinks, and making sure customers are comfortable throughout their whole their whole time with the company.

A

Hospitality

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6
Q

What are the hospitalities under airline hospitality

A
  • Personal Airline Hospitality
  • Business Airline Hospitality
  • Private Airline Hospitality
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7
Q

What are the two types of hospitality?

A
  • Airline hospitality
  • Regular hospitality
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8
Q

With so many planes and such a large volume of passengers or cargo being carried each year, the logistical side of air travel is an industry by itself

A

Logistics

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9
Q

This highly specialized type of engineering is vital for the manufacture and upkeep of planes

A

Engineering

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10
Q

Like all for-profit business, airline have to have good marketing while constantly developing what they offer to customers

A

Marketing

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11
Q

This is the max no. of aircraft and passengers to be accommodated

A

Airport Capacity

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12
Q

This pertains to choosing which route and airport to operate to

A

Route Structures

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13
Q

Two types of route structures?

A
  • Fully Connected
  • Hub and Spoke
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14
Q

True or false. Fuel is an airline’s second largest expense

A

True

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15
Q

What are the five key success factors and explain

A
  1. Customer satisfaction - on time delivery
  2. Competitive rates - affordability and value for money
  3. Technology - efficiency
  4. Airworthiness - compliance to safety and quality standards
  5. Destination - destination diversity
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16
Q

When did the Philippine Government passed the Civil Aeronautics Act?

A

1952

17
Q

The year when Philippine Airlines (PAL) was granted had a virtual monopoly of the country’s civil aviation industry

A

1973

18
Q

Year when PAL was given a new franchise but with a provision

A

1978

19
Q

Three effects of pre-liberalization period

A
  • Restricted number of departures and passenger seats
  • Restriction of output below competitive levels
  • Limited Output in markets
20
Q

Year when Liberalization of the Airline Industry

A

1995

21
Q

Year when PAL’s market share decreased significantly

A

1999

22
Q

Three effects of liberalization period

A
  • Sizeable increase in passenger traffic
  • Introduction of airline service in new markets
  • Increased tourism increased competition has provided passengers with discounted fares