Analysis Report on the Airline Industry The Strategic Management Essay

Analysis Report on the Airline Industry The Strategic Management process - Essay Example Strategic options would be used to evaluate the growth and expansion of the industry to establish if the industry has a competitive edge or not and if it measures up with its competitions. . This report employs a methodological approach with huge implications for the reliability of findings while a whole lot of secondary data provides for all the analytical views and conclusions of this paper. The prime reason behind preparing the report is to gain insights into the development of airline industry internationally amidst economic and political turbulences. Airline industry is a growth factor for tourism industry and accounts for the lion’s share of the GDP of many nations (Page 2009:218). Delving deep into the airline sector could throw much light on how economies are developing and what solutions and means are available to them to handle increased competition, globalization and financial downturn. The findings of the report have presented us with favourable results that could motivate the airline carriers and could pave the way for future practices to be developed in airline industry. This paper seeks to present a very clear view in enabling the reader to have a better understanding of the global airline industry’s environmental business climate. In doing this various firms and regional markets that make up the industry are looked into, by examining the competition between the airline operators (service providers), consumers, regulatory implications, weakness of different sectors and regions involved, homogenous threats, the negative and positive trends coming up in the industry and a forecast for the future, if there would be growth or reduction. Importantly, it views the challenges a new provider (entrant) could face within the present industry condition. The industry at the moment is passing through a period of change caused by revolutionary restructuring in the industry, this occurs