Verified Document

Airline Regulations & Ideas Essay

Delta Airlines The author of this report has been asked to review companies that are on either the good or bad end of financial soundness. The author will focus on the bad end and the company that shall be the focus is Delta Airlines. The questions that will be answered as they relate to Delta will include an identification of the company, their "domestic environment," a summary of the company's industry, how long they have been in business, and the attribute that they are least admired for. Further, there will be the identification of a business theorist and the theory that they offer that would or should apply to Delta. The final few points will be how domestic government regulations have affected Delta, what can be done to overcome these regulations, an incorporation of the prior-mentioned theory into that execution and an over offering of critical thought on the matter.

Questions Answered

As noted in the introduction, Delta is in the airline industry. This would involve the transportation of people from place to place and, to a lesser extent, the cargo of passengers or others. They were founded in Macon, Georgia back in 1924 and their current domestic hub is at Hartsfield-Jackson Airport in Atlanta,...

They also maintain hubs in cities like Los Angeles, Seattle, JFK Airport in New York and in some foreign locals like Amsterdam and Paris, France (Delta, 2015).
As noted above, Delta has been around since 1924 so they have been in business for nearly a century. Delta, also as noted before, operates in the airline industry and competes with other giants in the industry such as Frontier Airlines, United Airlines, American Airlines and Southwest. Those four just mentioned are the top four and Delta is the second highest in terms of volume. Delta's overall performance has actually been fairly good lately as compared to the past. However, their propensity to bump people off flights due to overbooking is fairly pronounced and thus drags them down rating-wise (NY Post, 2014).

As for a theory that is relative to the airline industry, a screaming example would be the broader principle of profit maximization. Indeed, this concept and that of marginal cost came into full effect after the deregulation of the airlines in the 1970's and 1980's. Two theorists that have worked with the associated theory behind profit maximization and the utilization of marginal cost as a metric include Frederick Harris and…

Sources used in this document:
References

Delta. (2015). Airline Tickets and Flights to Worldwide Destinations - Delta Air Lines. Delta.com. Retrieved 20 September 2015, from http://www.delta.com/

Harris, F. D., & Emrich, R. M. (2007). Optimal price -- cost margin, service quality, and capacity choice in city-pair airline markets: Theory and empirical tests. Journal of Revenue & Pricing Management, 6(2), 100-117. doi:10.1057/palgrave.rpm.5160074

NY Post. (2014). The worst airlines in America. New York Post. Retrieved 20 September 2015,

from http://nypost.com/2014/08/08/the-worst-airlines-in-america/
Cite this Document:
Copy Bibliography Citation

Related Documents

Airlines Going Green Major Airlines
Words: 4560 Length: 13 Document Type: Research Paper

For some airlines, it is not that they do not care about the environment but only that they do not see going green as financially feasible (Friends, 2007; National, 2007; Kim, et al., 2007). If they have incentives, that can affect how they feel and whether they will go green. If there are few incentives, most airlines will decide not to go green because there will not be a

Airline Crew Fatigue an Airline
Words: 2472 Length: 9 Document Type: Term Paper

While the industry appears to be heading to a less prescriptive approach to fatigue management there is still a place for traditional regulations that limit the number of hours worked vs. The new thoughts of "comprehensive plans" that help identify fatigue and mitigate risks. It is possible that a flight attendant error, due to fatigue, could possibly result in the death or serious injury to some of our passengers.

Regulation of Labour Market the
Words: 2542 Length: 7 Document Type: Essay

This situation once again proves that the people are not considered valuable additions, but commodities. And the management of these commodities changes based on business needs. In terms of the younger employees, their careers -- or their end thereof -- are extremely intensely subjected to the evolution of technology. As a parenthesis, the advent of technology has imposed new standards for the employees in the meaning that they must progress

Airline Industry Over the Past
Words: 5296 Length: 20 Document Type: Research Paper

Innovation is our signature. We foster creativity and vision to provide solutions beyond today's boundaries ("FAA Mission)." JAA The Joint Aviation Authorities (JAA) was developed in the 1970s by a handful of major European National Aviation Authorities when they began to join activities. The JAA was established for the purposes of developing a platform for a cooperative safety regulatory system because they desired to have a uniform high standard of aviation

Southwest Airlines
Words: 5173 Length: 19 Document Type: Term Paper

Southwest Airlines Before 1978, the federal government regulated the U.S. airline industry. Airlines were given profitable routes but were also obligated to serve unprofitable routes in the public's interest. Increases in airline costs were routinely passed along to customers due to the lack of price competition. In 1978, the airline deregulation act enabled airlines to set their own fares and enter or exit routes without government approval (Lam, 2003). The major airlines

Regulation and Market Structures Industrial or Economic
Words: 814 Length: 3 Document Type: Essay

Regulation and Market Structures Industrial or economic regulation can be defined as an act of government or a governmental body to regulate an industry in its entirety. Commonly the most regulates sectors include, the airline industry, banking sector, rail and road, and television broadcasting. The main aim of taking such regulatory measures is for the agency to take closer look (to monitor) on the industries' price and products to ensure

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now