A global loss of 9 billion dollars is blinking hard at the airline industry. Reasons impacting this huge loss are global recession,cost of government micro regulation,crazy taxation and partners abusing the monopoly power.Air cargo demand is expected to decline by 17%. Passenger demand is expected to fall by 8%. Fuel accounts for 23% of operating cost.The crude oil fell to 51$ and now has climbed up to 70$.
The industry , which got an abnormal lift in recent years , is falling into a disorganised shape , as there is no uniformity among various operations spread all over the world.The partnership and consolidation worked out well for a few years. Now , there is an assumption of setback, as most airlines have made huge losses in the operating year.
Airlines need the same commercial freedom as most other industries enjoy. To get into the road of prosperity, we need a prosperous trade and a juvenile manufacturing accessibility. It is business which brings in wide travel, and extra circulation of money to sustain the expenditure.When this commercial activity spells gloom , the traffic gets minimised , leading to less flights , which in turn protrudes into lesser income.
The maintenance of this high profile travel cart is extraordinarily high. The salary and perks of the flight officers, the air hostess’ , the stewards , and the ground staff, also call for a gross disposition of funds. The air tax and air congestion charges, provoke the operators to charge the passenger a voluminous amount , that unnerves the travellers. The tax portion , is equal to another ticket cost. The wary passenger, shies away from this high handed expense , resorts to other modes of transport.
A comfort becomes a costly nuisance. A strictly positive travel has assumed a negative trend ,driving the enthusiastic persons far away from the vicinity of air travel. Wooing the customer was a difficuly once, but driving them away by spiralling fare has become a facility easy.
A congregagtion of airline operators should be called for. The imposition of uniform fare should be implied. The airlines should cut short their extravagancy in deputing staff by minimising the necessary personnel to a single flight, providing healthy food , not sumptuous delicacies, and extending comforts not luxuries to the travellers. The timing of the flights will be for a minimum of 50 mins and a maximim of 36 hours. These bouts of travel can be well managed with pleasure by the promulagation of strong basic amenities well afforded and right diet well prepared.
Will the airlines look into these aspects keenly ?
