Question How does a public sector organisation which produces different types of (related) products (such as different types of trips with different priced tickets), set prices in order to break even and cover its fixed and operating costs? • Convert everything on the revenue and cost sides to single ticket equivalents. • Constraints: a single […]
Describe airline management.
Airline Management All airlines have complex route networks that connect the passengers and freight between airports. An airline could have more than 1000 routes in the network for any one season. The performance of each route is measured in terms of profitability which airlines monitor on a regular basis. Capacity on profitable routes is often […]