Prediction Factors Influence Airline Fuel Price Changing Reasons

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Prediction Factors Influence Airline Fuel Price Changing: Reasons

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781792999611
Total Pages : 50 pages
Book Rating : 4.9/5 (996 download)

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Book Synopsis Prediction Factors Influence Airline Fuel Price Changing: Reasons by : Johnny Ch Lok

Download or read book Prediction Factors Influence Airline Fuel Price Changing: Reasons written by Johnny Ch Lok and published by Independently Published. This book was released on 2019 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.2Positive change environment factor increases airline entertainment need (2)The second airline fuel price increasing factor: How does positive social change environment factor influence airline entertainment industy. I shall indicate economic growth example. When one country has better economic development in the year. Then, employers will have more effort to do businesses. Then, they will create many jobs to provide to the country citizen to do. When, these unemployed people have jobs to do, they will have extra income to save. They can spend extra to prepare to spend to enjoy their entertainment every year, such as travelling. Thus, the positive social change will influence traveller number increasing, then the plane flying times will also increase, it will cause planes need to use much fuel to fly. The result, it will also increase fuel demand, but the fuel natural resource number will decrease, so fuel supply will also decrease. Finally, it will also cause fuel price to be risen.1.3External industries behavioral changing factor to influence airline fuel price changesAlso, I shall indicate the financial risk of airline industry evidence from Cathay Pacific airways and China airlines against key determinants of which include interest rate, exchange rate and fuel price risk for the period of January 1996 year to December 2011 year. During this period, these key external factors which were the most serious influence to cause these two airlines choose to change their strategic behaviors. Due to any these financial risks is difficult to predict and it was also changing often, these factors will also affect any airlines stock returns which arise from changing economic conditions, e.g. fuel price movements and fluctuations in exchange rates. These external unpredicted changing factors will attribute to the air tickets cyclical demand, capital investment, fixed costs of labor and landing rights to this global airline industry. However, the relationship between fuel price and stock prices varies across economies. The effects of oil price changes in sub-sector indices, such as wood, paper and printing, insurance and electricity. In the past, on global stock exchange market was positively significant in 2011 year. Otherwise, with respect to the U.S.A. aviation industry, some economists suggested that global airlines stock returns were negatively to percentage change in fuel prices related to any airline firm value, e.g. Qantas and Air New Zealand were negatively share price growth to fuel price risk in the short term in the 2011 year.Thus, it brings this question: Will external industries strategy behavioral changing factor be one important factor to impact fuel price falling or rising? I feel external industries strategy behavioral changing factor must not one important factor to impact fuel price falling or rising .The reason is such as below: (1) airline transportation industry itself demands are increasing

Factors Influence Airline Industry Fuel Price Change

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781719950282
Total Pages : 38 pages
Book Rating : 4.9/5 (52 download)

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Book Synopsis Factors Influence Airline Industry Fuel Price Change by : Johnny Ch Lok

Download or read book Factors Influence Airline Industry Fuel Price Change written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-08-29 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preface This book research this question: Can predict when airline fuel price changes? This book aims to let economic students who can learn how to use behavioral economic method to predict when and why the airline fuel price will rise. I hope any airline company management leader who can learn how to apply behavioral economic method to predict when fuel price rising to avoid its risk and how to avoid the fuel price rising bad influence to cause whose airline businesses failure for long term. In my books, I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly.

Airline Industry Fuel Price Change Factors

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781791758943
Total Pages : 37 pages
Book Rating : 4.7/5 (589 download)

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Book Synopsis Airline Industry Fuel Price Change Factors by : Johnny Ch LOK

Download or read book Airline Industry Fuel Price Change Factors written by Johnny Ch LOK and published by . This book was released on 2018-12-15 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preface This book research this question: Can predict when airline fuel price changes?This book aims to let economic students who can learn how to use behavioral economic method to predict when and why the airline fuel price will rise. I hope any airline company management leader who can learn how to apply behavioral economic method to predict when fuel price rising to avoid its risk and how to avoid the fuel price rising bad influence to cause whose airline businesses failure for long term. In my books, I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly.

Airline Industry Fuel Price Change Factor

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781708770501
Total Pages : 37 pages
Book Rating : 4.7/5 (75 download)

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Book Synopsis Airline Industry Fuel Price Change Factor by : Johnny Ch LOK

Download or read book Airline Industry Fuel Price Change Factor written by Johnny Ch LOK and published by . This book was released on 2019-11-16 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fuel price rising or decreasing factorPositive social change influenceWhat suitation is negative social change. I shall indicate globalizational society example. We are entering globalizational society. For example, air tickets can be bought from internet, so travellers won't need to go to travel agent to buy conventienty. It is due to the global travel industry is increasingly competition. Thus, global travel industry competition will bring negative social change to influences fuel price rising because it will increase traveller numbers and airline flight times to fly. When, traveller's travelling desire demand numbers will be grown up fastly, then their online electronic-ticket buying or consumption behaviors will be rise. Thus, it will also cause online e-ticket price is decreased to attract many travellers to choose to buy e-ticket from online channel more than paper-ticket visiting travel agent channel. Thus, it is negative social change influences to cause fuel price rising due to plane flight flying times will increase and airline company will increase demand to buy many fuel to prepare to fly often. When fuel demand will rise, then the fuel sellers will rise fuel price in possible. Thus, airline industry global competition will being negative social change to influence fuel price raising up and air ticket price falling down to attract many traveller numbers to choose to buy among different travel agents.Negative social change influence What suitation is positive social change. I shall indicate economic growth example. When one country has better economic development in the year. Then, employers will have more effort to do businesses. Then, they will create many jobs to provide to the country citizen to do. When, these unemployed people have jobs to do, they will have extra income to save. They can spend extra to prepare to spend to enjoy their entertainment every year, such as travelling. Thus, the positive social change will influence traveller number increasing, then the plane fliging flying times will also increase, it will cause planes need to use much fuel to fly. The result, it will also increase fuel demand, but the fuel natural resource number will decrease , so fuel supply will also decrease. Finally, it will also cause fuel price to be risen.Also, I shall indicate the financial risk of airline industry evidence from Cathay Pacific airways and China airlines against key determinants of which include interest rate, exchange rate and fuel price risk for the period of January 1996 year to December 2011 year. During this period, these key external factors which were the most serious influence to cause these two airlines choose to change their strategic behaviors. Due to any these financial risks is difficult to predict and it was also changing often, these factors will also affect any airlines stock returns which arise from changing economic conditions, e.g. fuel price movements and fluctuations in exchange rates. These external unpredicted changing factors will attribute to the air tickets cyclical demand, capital investment, fixed costs of labor and landing rights to this global airline industry.

Learning How Environment Change Influences

Author : John Lok
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (878 download)

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Book Synopsis Learning How Environment Change Influences by : John Lok

Download or read book Learning How Environment Change Influences written by John Lok and published by . This book was released on 2022-08-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In chapter one to three concern how economic environment can influence global fuel price change, I shall indicate on how economic environment can influence the relationship between airline freight service fuel consumption useful price change .Can economic measurement can predict when airline fuel price changes to airline freight service industry I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly. In final chapter concerns how social change influences human behavioral change ? Why human behavior may be influenced by social change? Our individual behavior whether can be influenced to bring negative or positive attitude by social change? I shall attempt to indicate cases to explain whether our individual behavior can be influenced to changed by social environment change. Readers can have more understand how and why social change may influence our behavior in possible.

Prediction Airline Oil Price Variable Behavior

Author : Johnny Ch Lok
Publisher :
ISBN 13 : 9781691533855
Total Pages : 46 pages
Book Rating : 4.5/5 (338 download)

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Book Synopsis Prediction Airline Oil Price Variable Behavior by : Johnny Ch Lok

Download or read book Prediction Airline Oil Price Variable Behavior written by Johnny Ch Lok and published by . This book was released on 2019-09-07 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In economic theory, on income effects indicate negative impacts on tourism demand, the exact effects of higher oil fuel prices for specific destinations are far from clear. However, airline industry's different market segments show different sensitivities to air ticket fares changes. On the first hand, if the visitors are long destinations generally wealthier than average and therefore potentially less affected, as energy costs would be a smaller proportion of their income compared will be those from less wealthy groups. Thus, the more wealthier travelers who won't decrease travelling desire, even the fuel price raises to case the air ticket price to be increased.On the second hand, oil prices don't translate into higher transport costs especially not on air routes that are highly competitive and that are maintained for strategic reasons. So, non air transportation industry won't influence customer number to be decreased easily.On the third hand, many other factors shape tourists' decision making, including emotion drivers or those related to images, fashions and perceptions. Increasing environmental protection awareness of tourists could also be an important factor to influence tourism consumption, instead of oil fuel price raising causes air ticket fares raising factor to reduce traveler numbers. However, oil price raising reason causes also due to high use of cars, vans and domestic air transport in some countries, e.g. Hong Kong, China countries, there are many people like to buy cars to drive. So, the private driver numbers are increasing demand to cause these countries' oil fuel prices raise in the short time suddenly. It implies airlines need to consider their country car number whether is increasing or decreasing. If their country car number is increasing, it is possible to cause fuel price to be risen up because car demand is increasing to need to use more fuel and it has less supply of fuel in the year. Otherwise, if their country car number is decreasing, it is possible to cause fuel price to be fallen down because car demand is decreasing to need to use less fuel and it has more supply of fuel in the year.

Airline Industry Fuel Price Rising Prediction

Author : Johnny Ch Lok
Publisher :
ISBN 13 : 9781981768288
Total Pages : 38 pages
Book Rating : 4.7/5 (682 download)

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Book Synopsis Airline Industry Fuel Price Rising Prediction by : Johnny Ch Lok

Download or read book Airline Industry Fuel Price Rising Prediction written by Johnny Ch Lok and published by . This book was released on 2017-12-15 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: In my books, I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly.

POLLUTION HOW INFLUENCES

Author : John Lok
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (874 download)

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Book Synopsis POLLUTION HOW INFLUENCES by : John Lok

Download or read book POLLUTION HOW INFLUENCES written by John Lok and published by . This book was released on 2022-07-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Learning Predicting Consumer Behavior Methods

Author : John Lok
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (874 download)

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Book Synopsis Learning Predicting Consumer Behavior Methods by : John Lok

Download or read book Learning Predicting Consumer Behavior Methods written by John Lok and published by . This book was released on 2022-06-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts, In first part chapter one concerns how economic environment can influence global fuel price change, I shall indicate on how economic environment can influence the relationship between airline freight service fuel consumption useful price change .Can economic measurement can predict when airline fuel price changes to airline freight service industry I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly. In final part concerns how living economy influences our future living experiences and consumption behaviors. It concerns whether wars can impact economy threat to influence consumption behaviors and environment protection countries awareness how influences consumption behaviors. This book is suitable to any readers who have interest to learn whether macro economic methods how can be applied to consumer shopping behaviors in possible.

Environment How Influences Service Industry Consumer Behavior

Author : Johnny Ch Lok
Publisher :
ISBN 13 :
Total Pages : 206 pages
Book Rating : 4.7/5 (391 download)

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Book Synopsis Environment How Influences Service Industry Consumer Behavior by : Johnny Ch Lok

Download or read book Environment How Influences Service Industry Consumer Behavior written by Johnny Ch Lok and published by . This book was released on 2021-04-16 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship of oil price and terrorism to airline industry to influence ticket price increasing?Terrorism is one negative psychological factor to influence the travellers who choose to travel to the country. However the effects of oil price and terrorism on airline profitability was limited to a regional perspective, e.g. the terrorism attack of plane crash event to USA on 11 Sept. After the terrorism attack happened on USA 11 Sept. incident of terrorism attack was restricted to events of skyjacking, attacks on oil production, refinery and distribution. Other types of terrorist activities, such as attacks on financial targets or senior government officials could have an adverse effect on the petroleum and airline industry. I think the disruption of the production or distribution of petroleum because of incidents of terrorism was costly in terms of loss of business and the inflationary effect on fuel dependent products or services. In fact, some airlines have adopted more fuel saving technology, so whose fuel consumption would not use more than other non fuel saving technology airlines, these own fuel saving technology airlines which do not need to increase ticket prices to influence passenger numbers to be decreased in possible. It seems fuel price increasing will not be the only factor to influence the airline industry's traveler numbers decreasing, in addition to terrorism external incident factor influence. However, due to some airlines which have fuel saving technology, so which can avoid to use more fuel to provide planes to use and which fuel costs will be reduced, then which can provide cheaper air ticket fare prices to compare the non fuel saving technology airlines. The result will cause some airlines will lose travelling customers in this global airline travelling market, also the non fuel saving technology airlines need to renew their fuel technology if which want to keep their competitive abilities to avoid to close down their businesses.Also, I shall indicate the financial risk of airline industry evidence from Cathay Pacific airways and China airlines against key determinants of which include interest rate, exchange rate and fuel price risk for the period of January 1996 year to December 2011 year. During this period, these key external factors which were the most serious influence to cause these two airlines choose to change their strategic behaviors. Due to any these financial risks is difficult to predict and it was also changing often, these factors will also affect any airlines stock returns which arise from changing economic conditions, e.g. fuel price movements and fluctuations in exchange rates. These external unpredicted changing factors will attribute to the air tickets cyclical demand, capital investment, fixed costs of labor and landing rights to this global airline industry. However, the relationship between fuel price and stock prices varies across economies. The effects of oil price changes in sub-sector indices, such as wood, paper and printing, insurance and electricity. In the past, on global stock exchange market was positively significant in 2011 year. Otherwise, with respect to the U.S.A. aviation industry, some economists suggested that global airlines stock returns were negatively to percentage change in fuel prices related to any airline firm value, e.g. Qantas and Air New Zealand were negatively share price growth to fuel price risk in the short term in the 2011 year. Thus, airline industy needs to concern whether the effects of oil price changes in sub-sector indices, such as wood, paper and printing, insurance and electricity influences to predict when oil price will increase or decrease because it will lead to influence its passenger travelling numbers indirectly and these sub-sector industries have close relationship to bring cause and effect influence to oil price to airline industry.

Pollution How Influences Consumer Behavioral Change

Author : John Lok
Publisher :
ISBN 13 : 9789357339537
Total Pages : 0 pages
Book Rating : 4.3/5 (395 download)

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Book Synopsis Pollution How Influences Consumer Behavioral Change by : John Lok

Download or read book Pollution How Influences Consumer Behavioral Change written by John Lok and published by . This book was released on 2023-07-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of macroeconomic behavioral methods is to control the short run behavior of an country's economy development. Is it useful to be applied to assist developing countries' economic development. If we think of stability as a situation in which the main macro variables are at a desired or target level. This book divides three parts, In first part chapter one concerns how economic environment can influence global fuel price change, I shall indicate on how economic environment can influence the relationship between airline freight service fuel consumption useful price change .Can economic measurement can predict when airline fuel price changes to airline freight service industry I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly. In first part chapter two, I shall indicate how developed country, such as US how to apply micro economic method to predict and measure second energy will be accepted to be used by global householders to replace primary energy . What are second energy to bring human beneficial advantage and why it has more advantages more than primary energy. Is it technological product invention image or story ? Do global householders need to use primary energy to be essential energy consumption product to replace secondary energy in our future daily life ?

Pollution Brings Social Influence

Author : John Lok
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (878 download)

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Book Synopsis Pollution Brings Social Influence by : John Lok

Download or read book Pollution Brings Social Influence written by John Lok and published by . This book was released on 2022-08-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of macroeconomic behavioral methods is to control the short run behavior of an country's economy development. Is it useful to be applied to assist developing countries' economic development. If we think of stability as a situation in which the main macro variables are at a desired or target level. This book divides three parts, In first part chapter one concerns how economic environment can influence global fuel price change, I shall indicate on how economic environment can influence the relationship between airline freight service fuel consumption useful price change .Can economic measurement can predict when airline fuel price changes to airline freight service industry I shall indicate what factors cause the fuel price will raise as well as what the other external threats can cause risk to airline industry. Moreover, I shall also compare the different fuel price rising factors and other external threats whether which is the most effort to influence airline industry failure. Then, I shall give recommend how global airline industry can apply behavioral economic method to predict when the fuel price will rise possibly.

Factors Influence Service Industries

Author : Johnny Ch Lok
Publisher :
ISBN 13 :
Total Pages : 502 pages
Book Rating : 4.5/5 (888 download)

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Book Synopsis Factors Influence Service Industries by : Johnny Ch Lok

Download or read book Factors Influence Service Industries written by Johnny Ch Lok and published by . This book was released on 2020-12-31 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: What factors will influence airline industry's price elasticity of supply and demand?In fact, the airline industry is largely dependent on the supply of the oil industry. Otherwise, the oil industry is inelastic. However, the increase or decrease of the price of airfare is directly related to the increase or decrease of the oil's price to fuel the aircrafts because there has no any new energy which can be substituted to oil fuel to airline industry. So, it seems oil fuel producers are monopolies to control its sale price to be raised easily. Another factor that can affect airline industry to be directly targeted by a tragedy brought about by terrorism. The past four years, from 2001 year to 2005 year, there had been at least $40 billion worth of losses in the airline industry because of the September 11 date terrorism attacks in 2000 year. There had been an expected and significant decrease in the demand for the airline industry services because of the attacks that involved planes hijacking and crashing into key locations like the World Trade Center and the Pentagon in USA. Although, terrorism attacks can bring risk to influence fuel price rising in airline industry. However, this risk occurrence to airline industry is only that after the terrorism attacks occurred. It is possible that terrorism attacks won't occur again in the future. Otherwise, our concerning ought be the greenhouse emissions and how it affects global warming. The air quality would be better once this new regulations are adopted. However, it would affect large airlines. So, it would increase the price of airfares because of economic fees that airline companies have to cover. Air pollution can give a negative impact on the domestic or oversea owned airline companies for long term. If airlines' planes can use clean fuel to fly, e.g. biofuel, then it will bring benefits to global airlines for long term. On the positive side, the environment would be healthier as the earth's temperature would rise, and greenhouse effect would be dramatically reduced. This positive effect can come at a cost that is greater than most people perceive. So, the environment protection travellers who will reduce travelling times to avoid air pollution is caused to influence human health. It seems that airlines need to concern to apply psychological method to predict whose travelling consumption of behavior which is more suitable than behavioral economy method. On the psychology view point on travelers, who will be more preferable to catch planes to go to different countries to travel, due to the chance of air pollution and global environmental warm issues will be reduced to low risk to influence our health if planes can use biofuel to be energy to fly in the future one day. It seems that spending expenditure to research other non polluted biofuel new energy is one solvable method to global airline industry in the future. To solve, any airlines or countries' governments or oil producers ought choose to spend more time to research new biofuel. Otherwise, the predicting when terrorism attacks event will be occurred, it is more difficult to predict the time more than researching to produce new biofuel energy method in the future. So, I recommend that researching the new biofuel energy or other kinds of energy to substitute the oil energy and air pollution risk these two factors are the urgent behavioral economy method is used to solve this challenge which the airlines or oil producers or different countries' governments which need to concern nowadays. Because these two negative environment factors are the most influential to cause traveller individual travelling consumption desire to be fallen among of other negative environment factors.

Society How Influences

Author : John Lok
Publisher :
ISBN 13 :
Total Pages : 364 pages
Book Rating : 4.8/5 (866 download)

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Book Synopsis Society How Influences by : John Lok

Download or read book Society How Influences written by John Lok and published by . This book was released on 2022-04-26 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

Author : Mr. Kangni R Kpodar
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

Technology and Human Consumer Behavioral

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781791310233
Total Pages : 555 pages
Book Rating : 4.3/5 (12 download)

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Book Synopsis Technology and Human Consumer Behavioral by : Johnny Ch LOK

Download or read book Technology and Human Consumer Behavioral written by Johnny Ch LOK and published by . This book was released on 2018-12-10 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: To support this hypotheses, these are my research questions, such as : Does a combination of terrorism and price of petroleum significantly influence airline profit changing mostly? The alternative hypothesis was whether a significant relationship exists between terrorism, price of petroleum and airline profitability more than other factors, such as inflation, bank interest rate of these factors cause to ticket price raising. I shall indicate that the first assumption was that terrorism has a negative effect on airline profitability and another assumption was that only external factors as oil prices or terrorism affect airline profitability. What is the relationship of oil price and terrorism to airline industry to influence ticket price increasingby (AI) marketing research survey method?However the effects of oil price and terrorism on airline profitability was limited to a regional perspective, e.g. the terrorism attack of plane crash event to USA on 11 Sept. After the terrorism attack happened on USA 11 Sept. incident of terrorism attack was restricted to events of skyjacking, attacks on oil production, refinery and distribution. Other types of terrorist activities, such as attacks on financial targets or senior government officials could have an adverse effect on the petroleum and airline industry. I think the disruption of the production or distribution of petroleum because of incidents of terrorism was costly in terms of loss of business and the inflationary effect on fuel dependent products or services. In fact, some airlines have adopted more fuel saving technology, so whose fuel consumption would not use more than other non fuel saving technology airlines, these own fuel saving technology airlines which do not need to increase ticket prices to influence passenger numbers to be decreased in possible. It seems fuel price increasing will not be the only factor to influence the airline industry's traveler numbers decreasing, in addition to terrorism external incident factor influence. However, due to some airlines which have fuel saving technology, so which can avoid to use more fuel to provide planes to use and which fuel costs will be reduced, then which can provide cheaper air ticket fare prices to compare the non fuel saving technology airlines. The result will cause some airlines will lose travelling customers in this global airline travelling market, also the non fuel saving technology airlines need to renew their fuel technology if which want to keep their competitive abilities to avoid to close down their businesses.Also, I shall indicate the financial risk of airline industry evidence from Cathay Pacific airways and China airlines against key determinants of which include interest rate, exchange rate and fuel price risk for the period of January 1996 year to December 2011 year. During this period, these key external factors which were the most serious influence to cause these two airlines choose to change their strategic behaviors. Due to any these financial risks is difficult to predict and it was also changing often, these factors will also affect any airlines stock returns which arise from changing economic conditions, e.g. fuel price movements and fluctuations in exchange rates. These external unpredicted changing factors will attribute to the air tickets cyclical demand, capital investment, fixed costs of labor and landing rights to this global airline industry.

Airline Cost Control Strategy

Author : Johnny Ch LOK
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.6/5 (633 download)

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Book Synopsis Airline Cost Control Strategy by : Johnny Ch LOK

Download or read book Airline Cost Control Strategy written by Johnny Ch LOK and published by . This book was released on 2020-07-03 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Terrorism attack influences traveller needHowever the effects of oil price and terrorism on airline profitability was limited to a regional perspective, so oil price and terrorism external environmental change will only influence some countries' airline traveler numbers to be decreased, e.g. the terrorism attack of plane crash event to USA on 11 Sept. After the terrorism attack happened on USA 11 Sept. incident of terrorism attack was restricted to events of skyjacking, attacks on oil production, refinery and distribution. Then, due oil shortage will be caused due to reducing oil production, refinery and distribution as well as it will influence oil price is risen and airline ticket price is also risen. It will reduce travel consumption desire to some countries if their airlines' ticket prices are also increasing. Other types of terrorist activities, such as attacks on financial targets or senior government officials could have an adverse effect on the petroleum and airline industry. I think the disruption of the production or distribution of petroleum because of incidents of terrorism was costly in terms of loss of business and the inflationary effect on fuel dependent products or services. In fact, some airlines have adopted more fuel saving technology, so whose fuel consumption would not use more than other non fuel saving technology airlines. It seems fuel price increasing will not be the only factor to influence the airline industry's traveler numbers decreasing due, the owning more fuel saving technologic airlines which air tickets prices won't influence to be risen , due to reducing oil production and shortage influences . However, due to some airlines which have fuel saving technology, so which can avoid to use more fuel to provide planes to use and which fuel costs will be reduced, then which can provide cheaper air ticket fare prices to compare the non fuel saving technology airlines. The result will cause some not owning fuel saving technological airlines which will lose travelling customers in this global airline travelling market, also the not fuel saving technological airlines need to renew their fuel technology if which want to keep their competitive abilities to avoid to close down their businesses. So, what factors will influence the not owning fuel saving technological airlines profitability to be reduce if the oil shortage factor can not influence their planes energy supply to be reduced to cause air ticket prices to be increased? To answer this question, I shall indicate another financial risk factor how it influences airline industry behavioral change.Also, I shall indicate the financial risk of airline industry evidence from Cathay Pacific airways and China airlines against key determinants of which include interest rate, exchange rate and fuel price risk for the period of January 1996 year to December 2011 year. During this period, these key external factors which were the most serious influence to cause these two airlines choose to change their strategic behaviors. Due to any these financial risks is difficult to predict and it was also changing often, these factors will also affect any airlines stock returns which arise from changing economic conditions, e.g. fuel price movements and fluctuations in exchange rates. These external unpredicted changing factors will attribute to the air tickets cyclical demand, capital investment, fixed costs of labor and landing rights to this global airline industry. Finally, it will cause some airlines need to rise air ticket prices to reduce expenditures increasing.