Market Management Techniques for European Airlines
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According to Sandra Arnoult in Air Transport World (2004), at a recent meeting of the European Regions Airlines Association in Vienna, the attendees expressed optimism about the future of European Airlines. Guest speakers suggested that airlines should be pleased with the progress already made. Arnoult lists the following facts as contributing to increased efficiencies: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
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Approximate Word count = 754
Approximate Pages = 3 (250 words per page)
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