The Airline Industry Value Chain
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February 22, 2014
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Airports are selected for their prime location, to allow consumers to get to their desired location. This then entails the scheduling of flights and crew.
? Passenger services system ? software which allows the airlines to function "comprehensive passenger reservations, inventory control, fares, ticketing, and departure control functions" (AirportTecnology...
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This allows airlines to reduce their costs of wages and paper transactions, and maximize utilization.
? Yield management ? this allows the airlines to compare their available seats against demand for particular flights to price the tickets accordingly. This has been particularly prevalent in recent years for airlines, particularly low cost carriers such as Ryanair whose prices for a flight vary greatly...
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