Whether an airline industry which operates as an oligopoly is a good or a bad

Whether an airline industry which operates as an

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Whether an airline industry which operates as an oligopoly is a good or a bad thing is a purely personal decision. Yes, the oligopoly has begun to drive airline fares back up, but, many could argue that the oligopoly has also greatly increased the service offered by airlines and the destinations in which passengers are able to travel to. It would be naive to say airline mergers have done no good for the consumer. By larger airlines acquiring smaller airlines, the larger airlines are able to expand their fleet, the destinations in which they travel and their customer service. Whether increased service and travel destinations are worth the price of increased fares is a decision that lies in the eyes of the beholder. Some may feel they are willing to pay more for expanded service, while others were perfectly content paying less for a lesser service.Lynch 4
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RUNNING HEAD: OLIGOPOLIES AND AIRLINES; ONE IN THE SAME?ReferencesIs the airline industry in an oligopoly state? (2015, January 12). Retrieved fromOligopoly. (n.d.). Retrieved from U.S. Air Carriers. (2012, June 22). Retrieved fromWhy fly Southwest? Glad you asked! (n.d.). Retrieved from-WHYLynch 5
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  • Fall '16
  • Kelly Lawton

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