The airline industry throughout the world has been facing serious challenges as the regulatory environment and pattern of ownership change. Since the late 1970's there has been a trend towards economic deregulation on domestic services and more liberalized control of internationally scheduled air transportation services. Thi s began in the United States and spread 'internationally, freeing up route entry, allowing pricing flexibility and putting pressure on established airlines to be more efficient. Not many airlines which entered the deregulated market survived; some went bankrupt while others were taken over by established airlines which were able to realise cost savings and gain competitive advantage by having efficient networking systems, controlling labour costs and improving technology and information systems. The industry now resembles an oligopolistic market structure and airlines which are still protected and subsidized at home are finding difficulty operating in the new competitive environment.

Additional Metadata
Thesis Advisor Tho mas, H.
Persistent URL hdl.handle.net/2105/9701
Series Human Rights, Development and Social Justice (HDS)
Citation
The Caribbean airline industry in a restructured international airline industry. (1991, December). The Caribbean airline industry in a restructured international airline industry. Human Rights, Development and Social Justice (HDS). Retrieved from http://hdl.handle.net/2105/9701