The Pricing Evolution in the Air Transportation Industry. Implication for the Romanian Tourism Sector
in the Era of Globalization
The Pricing Evolution in the Air Transportation Industry. Implication for the Romanian Tourism Sector
in the Era of Globalization
Author(s): Andreea Marin-PantelescuSubject(s): Tourism
Published by: Editura Universitară & ADI Publication
Keywords: Air transportation; price in air transport; ticketing
Summary/Abstract: The globalization process involves the liberalization of the services and the air transportation industry is responsive to this reality. There is a developing tendency for global alliances and strategies in major airline companies. The globalization implies extending service networks in the whole world. Currently we are witnessing lower prices for domestic and foreign airline flights with benefits for the tourists’business and leisure activities. The last minute offers and early booking prices provide a win-win situation, for the airline companies on one side and for the customers on the other side. The positive online reviews influence people buying decision because customers are more sensitive than ever to the services prices.Under this condition it is very interesting to see the evolution of pricing in the air transportation industry and the implication for the Romanian tourism sector.
Journal: Academic Journal of Economic Studies
- Issue Year: 2/2016
- Issue No: 2
- Page Range: 88-99
- Page Count: 12
- Language: English