Yes, airline travel is often considered an oligopoly, particularly in many regions where a few large airlines dominate the market. These major carriers control a significant share of air traffic, leading to limited competition on certain routes. While there may be some low-cost carriers and regional airlines, the overall structure tends to favor a few players who can influence prices and service levels. This market dynamic can result in higher fares and less choice for consumers compared to more competitive industries.
Oligopolistic
Oligopoly!
oligopoly
Oligopoly
in oligopoly what is the nature of price elasticity
Oligopolistic
airline travel is traveling on a plane
Airline travel was not originally in the constitution, but the freedom of movement permits airline travel. This is covered in the first article of the constitution under the interstate commerce clause.
You can find cheap airline tickets for last-minute travel by checking online travel websites, signing up for airline newsletters for deals, and being flexible with your travel dates and destinations.
The weight limit for a suitcase for airline travel typically ranges from 50 to 70 pounds, depending on the airline. It is important to check with your specific airline for their weight restrictions before packing.
You can find cheap airline tickets for last-minute travel by checking online travel websites, signing up for airline newsletters for deals, and being flexible with your travel dates and destinations. Additionally, consider booking directly through the airline's website or app for potential discounts.
This means people that work for the airline that can travel with them for a discount price.
The weight limit for a carry-on bag for airline travel typically ranges from 15 to 22 pounds, depending on the airline. It is important to check with your specific airline for their weight restrictions before packing your bag.
The travel agencies used to make their money by selling airline tickets to a customer... and adding a commission to the price of the ticket. That was paid by the airline or the ticket-buyer. It was their payment for a service rendered to the customer (and a service for the airline since the airline wants to fill the planes). If the commissions are low, it is cheap to use a travel agent. it might save a flyer 1 hour on the phone to the airline. She just calls the travel agent to do that. If commissions are high, a buyer will avoid the travel agent. The airline will avoid the travel agent. Unless the agent does enuf extra work to justify the high commission.
The travel agencies used to make their money by selling airline tickets to a customer... and adding a commission to the price of the ticket. That was paid by the airline or the ticket-buyer. It was their payment for a service rendered to the customer (and a service for the airline since the airline wants to fill the planes). If the commissions are low, it is cheap to use a travel agent. it might save a flyer 1 hour on the phone to the airline. She just calls the travel agent to do that. If commissions are high, a buyer will avoid the travel agent. The airline will avoid the travel agent. Unless the agent does enuf extra work to justify the high commission.
airlines don't travel. Passengers do
Oligopoly!