Tuesday, October 2, 2012

Airline Travel a Luxury?


I feel that the ability to be transported on a commercial airliner should be affordable to the general public. Due to today’s economy, the “romance” and “luxury” of air travel has been degraded to merely a means of getting to point A and point B. The technology to be able to transport people across the world at a high rate of speed was once only the dream of engineers and designers. This thought was then brought to a reality once we discovered the technology needed in order for us to accomplish this. I feel that the public has gotten so use to the fact that they now have the ability to cross the globe in a few hours rather than weeks, that the luxury is a thing of the past.  Air travel is now a necessity rather than a royalty.

The reason behind the fact of traveling by air for a less expense than driving is due to the economy. The airlines are struggling to make ends meet and by providing less of a cost to their customers will allow them to fill seats of the aircraft. They are a business with the goal of making money. If they have prices higher than those in the market, then this will lead to less seats filled by paying customers since they feel that the price is too high. 

I feel that if the airlines raised their prices we would not see a vast change in airline customer traffic. We would only hear about how people are unhappy with the fact they are paying more for a ticket. But the fact remains that they will still fly. There has been a steady increase in airline travel for decades now and the airlines are aware of this and are structuring their business plans accordingly. According to the break down of Southwest Airline’s financial reports, there has been an increase in growth rate and revenue since 2010. This is a result of an increase in passenger travel and in ticket pricing. 

3 comments:

  1. Some good points. However, I'm not so sure that Southwest's financials are a good representation of the overall industry performance...they may still be riding on the benefits of their past fuel hedging, plus their business plan is not reflective of the business plans of most of the airlines.

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  2. I agree with your comments. The luxury of flying has been significantly degraded to just another form of transportation. Today high spped transportation is not only needed but it is expected.

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  3. I think that the public will pay more for tickets if that's the only way to travel that is efficient. Also noteworthy, many businesses pay for business travel, taking the actual flying customer out of the equation. This makes ticket purchases for airlines a little easier if they make business deals.

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