Future of European Airlines

More passengers traveling on fewer flights

Airlines have reduced operating costs and improved efficiencies by cutting less profitable routes and concentrating on more profitable routes

The industry is leaner, and mergers have made European airlines even more competitive

Competition, particularly among low cost low frills airlines has forced other airlines to change their marketing strategies even as some so called frequent flyers seek more perks, privileges, and flexibility in bookings. In some cases, companies have had to downgrade sales forecasts. For other airlines, change in demand is not the biggest problem -- competition is what causes them the most trouble (Arnault, 2004, 62).

Market demand is the total amount of a particular good

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Approximate Word count = 753
Approximate Pages = 3 (250 words per page)

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