Economic, strategy and route development

Economic, strategy and route development

Discipline: Management

Type of service: Essay

Spacing: Double spacing

Paper format: APA

Number of pages: 5 pages

Number of sources: 16 sources

Paper details:

How does the level of competition within an OD market shape airlines route and scheduling decisions?

Please provide as much (statistic and In-text citation)as you can to back up arguments

Don’t define OD Market, Route and Scheduling

Please write about. Competition, (Perfect-imperfect(monopoly-duopoly)2-4 airline monopoly of all airline hard to enter  anti-competition lots of small firms-no firms has markets- ease to entry

Conclude

please use journal artical

or this assignment you need to start by breaking down the question into its key elements. The first is “How does the level of competition….” so ask yourself what does this mean? There are basic three types of competitive market – perfect competition, imperfect (whether monopoly or oligopoly) and something in between. How would competition differ in each of those? Are there any differences between what airlines in a perfectly competitive market do vs. say a monopoly market?

Next the question says “… in an OD market” this is merely quantifying the focus of the assignment which is on how market competition affects decision making. You’re not being asked to describe and define what OD markets are. Only to look at the different types of competition that exist within them. So go back to the first bit – the three types of competition and how they affect what airlines do.

Finally… “affect airlines route and scheduling decisions….” this is a bit of trick as the question asks you to focus on competition within an OD market meaning that the route decision has already been made. The focus really has to be on scheduling, but you could consider how airlines link markets together e.g. as part of wider networks.

The first part of the question is the key part though – what type of competition is there and what does that mean for what airlines do. Think of OD markets here in New Zealand. There are those where only Air NZ operates, others with open (near perfect) competition, and some that fit somewhere in between with a smaller number of competitors. Is there any difference between the scheduling of the airlines in those markets? This is what you are being asked to look at, but for airlines in general not Air NZ.

Once you have this figured out you can expand your answer but analysing if things are different when you have LCC, FSC operating alone or against each-other.