AIR TRANSPORT VECTOR IN THE ECONOMIC CONTEXT OF GLOBALIZATION
AIR TRANSPORT VECTOR IN THE ECONOMIC CONTEXT OF GLOBALIZATION
Author(s): GHEORGHE Grigorescu, Marius Boiţă, Emilia Constantin , Eduard AjtaySubject(s): Economy
Published by: Editura Eurostampa
Keywords: aircraft; air transport; globalization; economy; costs
Summary/Abstract: In the global context of the airline industry is necessary in each organization a comprehensive analysis of multiple methods to reduce operational costs. Effective and constant cost control is crucial for most airlines. Continuous reduction of costs has become a cult. This is due mainly to the following aspects: market deregulation and globalization of the industry have increased the competitive pressure on firms, reducing the error rate and making essential the “reduce costs cult." This observation applies especially to businesses in commercial air transport.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVIII/2012
- Issue No: Suppl.
- Page Range: 139-145
- Page Count: 7
- Language: English