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Flashcards in Airline business models Deck (7)
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1

The typical profit margin for airlines is usually 1%, why is this

because so much money goes towards fuel, salaries, maintenance, fees etc...

2

What is a full service carrier

airline that provides a wide range of services, including different service classes and connecting flights

3

What is a low cost carrier

Airline that focuses on cost reduction

4

What is a regional carrier

"feeder airlines", use smaller aircraft and operate in a smaller geographical area

5

What is charter

Private flights arranged by the passengers, not predetermined by the airline

6

What is a cargo and integrated carrier

Focuses on cargo operations

7

What is cabotage

Foreign operators carrying passengers between domestic points of another country