Air Transportation Industry

Air transportation is a mature industry. It is fast suppuration subscriber line, needs high investment but verbose return, requires intense labour and high technique. It is sensitive to stemma cycles and government activity policy. though it has high entry and exit barrier, competition of air duct business is great because every airlines want to extend and increase their business otherwise it is difficult to cover the high mental process costs. mainland China Pacific was founded in Hong Kong on course 1946 by American Roy C Farrell and Australian Sydney H De Kantzow. It firstly had flights to Manila, Bangkok, capital of Singapore and impress only. It grew very fast. In year 1948, Butterfield & Swire (today it is called Swire Group) bought 45% care and full handle management of the airline. chinaware Pacific at once owns nearly 114 aircrafts and services 120 destinations in 37 countries. character reference : Cathay Pacific History (viewed 2008-05-1 0) pure Atlantic was founded in year 1984 by Richard Branson. It firstly offered flight from capital of the United Kingdom Gatwick to New York Newark. In year 1999, Singapore Airlines bought 49% shares of Virgin Atlantic and mould a unique global partnership. Richard Branson is a open disposed(p) and always with high profile attitude. Virgin Atlantic grows aggressively. It now owns about 40 aircrafts and services 25 destinations worldwide. Source : Virgin-atlantic.com (viewed 2008-05-10) http://www.virgin-atlantic.com/en/us/allaboutus/ourstory/history.jsp Cathay Pacific is a great history company and culture is quite traditional, whilst Virgin Atlantic is a young company and its owner Richard Branson is open minded. His stout and brave attitude made Virgins limit famous. Their strategies are similar but with different approach.If you want to pass a full essay, order it on our website: BestEssayCheap.com

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