The Pricing Evolution in the Air Transportation Industry. Implication for the Romanian Tourism Sector in the Era of Globalization
Journal Title: Academic Journal of Economic Studies - Year 2016, Vol 2, Issue 2
Abstract
The globalization process involves the liberalization of the services and the air transportation industry is responsive to this reality. There is a developing tendency for global alliances and strategies in major airline companies. The globalization implies extending service networks in the whole world. Currently we are witnessing lower prices for domestic and foreign airline flights with benefits for the tourists’ business and leisure activities. The last minute offers and early booking prices provide a win-win situation, for the airline companies on one side and for the customers on the other side. The positive online reviews influence people buying decision because customers are more sensitive than ever to the services prices. Under this condition it is very interesting to see the evolution of pricing in the air transportation industry and the implication for the Romanian tourism sector.
Authors and Affiliations
Andreea Marin-Pantelescu
Keywords
Related Articles
- EP ID EP177948
- DOI -
- Views 76
- Downloads 0
Inflation Persistence in the West African Commonwealth Countries
The study examined the persistence of inflation in the West African Commonwealth Countries (WACCs). The methods used include the simple average method, the conventional unit-root test, the first coefficient of the autore...
The Role of the Financial-Accounting Information System in the Matrix of the Entity Functions
Along with the development of the global economy which determined a major increase of the value of the financial-accounting information for the entities, the extension of the area, contents and operation of the economic...
Tanzania’s 2010–2015 Development Plan and Industrial Growth
Tanzania is striving to become a middle income country by 2025. So plans are laid down and efforts put forward to industrialize the economy. In 2010 the government initiated a Five Year Development Plan 2010–2015, aiming...
Role of Dividend of Power to Buy Shares in Companies in Indonesia Stock Exchange
This study aims to determine the role of the Purchasing Power Shares on manufacturing companies in Indonesia Stock Exchange Period 2014-2015. The variables used in this study as an Independent Variable Dividend and Purch...
Terrorism Financing. The Socio-Economic and Political Implications of Boko Haram Insurgency in Lake Chad Basin
Various Scholars account for the actual date of the evolution of Boko Haram terrorist group. However, the sect came to prominence in 2009 following the death of its leader, Mohammed Yusuf in police custody. Aside from th...