|Chinese Airlines: What's It Take To Make a Yuan here?|
|Subject||Profitability of Chinese airlines|
|Key Words||China, airlines, passengers, yield management|
|Full Article|| If you have an InfoTrac or BCRC access code, click on the appropriate source to login and view the full text article.
Reference ID: A142441960
As a result of the country's significant economic growth, China's airlines carried a combined 138 million passengers last year, the most ever. Further, passenger traffic has doubled in the last five years, and the number of passengers expected to double yet again in the next five years for both domestic and international travel combined. China has expanded its infrastructure, and expects another 55 international airports to come online in the next 15 years. So why can't the airlines earn a profit?
|Source||"On a wing and a prayer." The Economist23 February 2006. http://www.economist.com|
|Instructor Discussion Notes|| Discussion
These notes are restricted to qualified instructors only. Register for free!
Return to the Monopolistic Competition | Profit Maximization and the Firm Index
©1998-2006 South-Western. All Rights Reserved webmaster | DISCLAIMER