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Pages:
6 pages/≈1650 words
Sources:
3 Sources
Level:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 31.1
Topic:

Air Transportation Industry Analysis NAICS Code is 481111 (Term Paper Sample)

Instructions:

stage I completed:
Industry Analysis
The paper will focus on the Scheduled Passenger Air Transportation industry. Its NAICS code is 481111. The industry is made up of establishments that primarily engage in the provision of passenger air transportation (NAICS, n.d.). The transportation provided follows regular schedule and routes. Sources of information such as the United States Census Bureau will provide necessary data about the industry. In addition, online business magazines like Vault will offer important industry data that will be useful (Vault, n.d.). The International Air Transport Association (IATA) also has key industry information. The history of the industry dates back to 1914 when 25-year old Tony Jannus flew aircraft across Tampa Bay (Johanson, 2014). Significant progress has been made in the industry and now on average, 8 million people fly per day (IATA, 2013).
The research paper will seek to examine the scheduled passenger air transportation industry. An essential tool in the analysis of any industry is Porter's five forces. With the reframing of the tool, the paper will examine the industry in terms of structure, conduct, and performance. As for the structure of the industry, there is a low threat of new entrants because of the huge cost involved. Buyers are the passengers, and they can easily switch from one firm to another since the switching costs are low. The sellers, in this case, are the manufacturers of airplanes. They are few and have contracts with firms in the industry. In regards to conduct, while some focus on amenities, others focus on cost. In terms of performance, the profitability of the industry has been growing. Profitability depends significantly on the ability to minimize costs and the performance of the global economy.
The remaining part of the paper will examine in detail the history, major players, competition, performance, buyer behavior, and other significant aspects relevant to the industry.
References
IATA. (2013). New Year's Day 2014 marks 100 Years of Commercial Aviation. Retrieved October 19, 2017, from International Air Transport Association: http://www.iata.org/pressroom/pr/Pages/2013-12-30-01.aspx
Johanson, M. (2014, January 2). How The Airline Industry Has Evolved In 100 Years Of Commercial Air Travel. Retrieved October 19, 2017, from International Business Times: http://www.ibtimes.com/how-airline-industry-has-evolved-100-years-commercial-air-travel-1524238
NAICS. (n.d.). 481111 Scheduled Passenger Air Transportation. Retrieved October 19, 2017, from NAICS Association: https://www.naics.com/naics-code-description/?code=481111
Vault. (n.d.). Airlines. Retrieved October 19, 2017, from Vault: http://www.vault.com/industries-professions/industries/airlines.aspx
STAGE II: Body of the paper
The write-up of your paper is based on chapter 7 in your text book. Discuss the following issues as mentioned in the introduction
a) Performance (Dependable Variable)
b) Structure, and Conduct( Explanatory variables)
c) Show how each explanatory variable influences the dependable variable
d) Data collections and table
e) Trends line (interpretation)
f) Is possible that the causation may be reversed (conduct to either performance or structure)? Explain
STAGE III: Summary, Conclusion and References
a. Summary: in about one paragraph or so, summarize the key findings of your industry.
b. Conclusion: about two sentences or so: state your recommendations or suggestions for future research or the main point of your paper
c. References: In-text Citations (quote least 2 sources); paraphrase and appropriate referencing. Reference page: two or more sources-hanging indentation
STAGE IV: Format of your Term Paper
a. APA Style
-indentations
-running head
-page numbering
-appropriate subheadings
-Times Font Numeral
-Errors Free
-double line
b. About 5-6 pages in length:

source..
Content:


Industry Analysis – Schedule Passenger Air Transportation
Name
Institutional Affiliation
Industry Analysis – Schedule Passenger Air Transportation
1.0 Introduction
The paper will focus on the Schedule Passenger Air Transportation industry. Its NAICS code is 481111. The industry is made of establishments that primarily engage in the provision of passenger air transportation (NAICS, n.d). The transportation provide follows regular schedule and routes. Sources of information such as the United States Census Bureau will provide necessary data about the industry. In addition, online business magazines like Vault will offer important industry data that will be useful (Vault, n.d). the International Air Transport Association (IATA) also has key industry information. The history of the industry dates back to 1914 when 25-year old Tony Jannus flew aircraft across Tampa Bay (Johanson, 2014). Significant progress has been made in the industry and now on average, 8 million people fly per day (IATA, 2013). The research paper will seek to examine the scheduled passenger air transportation industry. An essential tool in the analysis of any industry is Porter's five forces. With the reframing of the tool, the paper will examine the industry, there is a low threat of new entrants because of the huge cost involved. Buyers are the passengers, and they can easily switch from one firm to another since the switching costs are low. The sellers, in this case, are the manufacturers of the airplanes. They are few and have contracts with firms in the industry. In regards to conduct, while some focus on amenities, others focus on cost. In terms of performance, the profitability of the industry has been growing. Profitability depends significantly on the ability to minimize costs and the performance of the global economy. The remaining part of the paper will examine in detail the history, major players, competition, performance, buyer behavior, and other significant aspects relevant to the industry.
2.0 Discussion
a) History
The development of the aviation industry in the past led to the creation of both the passenger and cargo transportation industry. The first successful flight happened in 1903 in North Carolina, centuries later, the industry gained popularity and became one of the main players in the transport industry. Initially, the government controlled the routes structures and set the prices for the air transport but the domestic carriers took over and the airlines became independent to expand and adopt other routes that seemed convenient to them. With this transition, the air transportation industry recorded major changes in its operations and it led to the growth of major passenger and cargo airlines. The development of the scheduled air transportation industry is mainly depended on the success of the air transportation industry and it dates back to 1914 when a young pilot; Tony Jannus flew an aircraft across Tampa Bay (Johanson, 2014). The flight that lasted for approximately 23 minutes is considered as the first scheduled commercial airline flight in the history of scheduled flights (Johanson, 2014). The industry is a clear indication of the progress from the seemingly impossible achievements over 100 years ago to the tremendous success of the industry about a century later. Today, the aviation industry not only provides passenger and cargo transportation in the world but it also provides numerous job opportunities and is one of the main contributors to the development of the economy. According to IATA, the industry is among the top 20 in the main economic contributors and contributes an estimate of about 540 billion dollars to the economy in the world today (IATA, 2013).
b) The main players
The major players ...

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