Air Transport Economics Coursework Example | Topics and Well Written Essays - 1500 words

Air Transport Economics - Coursework Example Therefore, it is inherently necessary to implement and adopt the most efficient strategies that will help the company to earn maximum profits and sustain among its competitors (Akyuwen, 2011; Varnes, 2010). An effective pricing strategy is very essential in order to attract larger volume passengers towards Longways airlines. Since the company has for once, suffered from financial crisis, it is necessary to set the fares of their aircraft in such a way that the passengers are also benefited and the company also does not incur any loss, i.e. at the point wherein the company can balance its profitability and customer satisfaction efficiently (The Chartered Institute of Marketing, 2015). To be noted, Longways is a small airlines company with many competitors dominating the European market. Thus, it is quite necessary for the company to set competitive prices, maintaining parity with the fare charged by its competitors (Intervistas, 2015). To be noted in this regard, after the financial crisis, the company is left with only two aircrafts that provides the facility of both economy class as well as business class seating arrangements. While one of its aircrafts contain only economy class seat s, the other aircraft hosts 50 business class and 200 economy class seating arrangements. As the economy class is meant for the common middle class people, the price of the fair should be kept to some extent lower than that of its competitor’s fair without compromising the quality of services provided (Knorr & Zigova, 2004). However, the business class is meant for the higher-class people and therefore, the prices may be kept higher, as they would not hesitate to afford a comparatively higher fare. Moreover, this will also help the company to adjust with losses that the company suffered from lowering the price of the economy class (Bloomberg, 2015; Malighetti & et. al, 2009;

Environmental Leaders and Laggards in the European Union Essay

Environmental Leaders and Laggards in the European Union - Essay Example Moreover, the author also argued that the problem took place due to shortage in the administrative capacities for effectually implementing EU based environmental policies. It has been viewed in the article that the southern member provinces of EU did not possess adequate technical know-how, potential working staffs and well-structured infrastructures for applying as well as enforcing EU environmental based legislative policies. The author suggested that the southern member provinces belonging to EU should implement environmental policies competently for the purpose of developing their financial progression, increasing economic interests and most significantly generating employment. The effective execution of the EU environmental schemes or policies would ultimately promote the economic advancement of the different southern member provinces belonging to EU as well as enhance their environmental quality level by a greater extent. The author identified a significant reason which eventua lly restricted the southern member provinces of EU to implement EU environmental based policies effectively. The significant reason was that the southern member provinces belonging to EU possessed the political systems which were conventionally dominated by clientelism, disrespect and patronage for the public authority. On the basis of the article, the author argued that there lays significant disparities in meeting with the EU environmental laws throughout the different European member provinces which cannot be escorted.