Furthermore, the negative effect would not only involve the residents but the airlines as well. It will have a constant shadowing effect on the industry, especially with regard to applications for expansion.
There also exist the congestion externalities due to increased passenger demand. As a result, this exposed the need for better management of passengers on hub and spoke networks, and may provide justification for infrastructure expansion (Stanford University, 2002)... displayed 300 characters
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As a result, this exposed the need for better management of passengers on hub and spoke networks, and may provide justification for infrastructure expansion (Stanford University, 2002). Customer and airline understanding of the costs and benefits of network size characteristics and resource allocation will direct to greater efficiency in choosing and pricing flights... displayed next 300 characters
Other airlines are copying Southwest's strategy in order to enter the low-fare, short-haul market. Delta Airlines has built a low-fare regional carrier service and has acquired a minority stake in three regional airlines...
This has helped them soar over competition.
1. Industry Defined and Total Volume
Southwest exists and operates within the air travel industry in the United States; an industry which has traditionally been based on a point-to-point flight system...
This was the case when Southwest entered the airline industry, with the new concept of budget or low cost travelling. The new concept was appealing to whole new universe of customers who previously would have thought multiple times before deciding to fly...
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