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AIRLINE INDUSTRY TINA SUGLIA AXIA COLLEGE OF UNIVERSITY OF PHOENIX NOVEMBER 2008 The Airline Industry has been around a very long time, in fact probably longer than most of us have been around. The Airline Industry first started around the early 1900’s THIS IS ABOUT THE ECONOMIC PROFILE OF THE INDUSTRY AIRLINES. A. WHEN DID THE AIRLINE INDUSTRY START? In 1903, the Wright brothers' first successful flight in Kitty Hawk, North Carolina marked the beginning of the aviation industry. In the early years, the public did not embrace airplane travel as an option, thinking that it was too dangerous. The first major stimulus that helped to develop the industry was the United States' participation in World War I. After the war, though, the government stopped funding research and development, practically stagnating growth in the aviation industry. In 1927, Charles Lindbergh successfully completed a solo flight across the Atlantic Ocean and created massive interest in flying with the general public. Early Development Tony Jannus conducted the United States' scheduled commercial airline flight on 1 January 1914 for the Saint Petersburg-routes, Braniff Airways , American Airlines , Delta Air Lines , United Airlines (originally a division of Boeing ), Trans World Airlines , Northwest Airlines , and Eastern Air Lines , to name a few. US airline route structure before World War II
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Passenger service during the early 1920s was sporadic: most airlines at the time were focused on carrying bags of mail B. WHY DO WE NEED THE AIRLINE INDUSTRY? An airline provides air transport services for passengers or freight , generally with a recognized operating certificate or license. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit. Airlines vary from those with a single airplane carrying mail or cargo, through full-service international airlines operating many hundreds of airplanes. Airline services can be categorized as being intercontinental, intracontinental, or domestic and may be operated as scheduled services or charters. Air travel remains a large and growing industry. It facilitates economic growth, world trade, international investment and tourism and is therefore central to the globalization taking place in many other industries. In the past decade, air travel has grown by 7% per year. Travel for both business and leisure purposes grew strongly worldwide.
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