Explain why the arrival of jumbo-jets in the early 1970s proved to be both a boon and a bane for the cargo business.
Overview
A main objective from each numbered chapter is presented and includes bulleted sub-questions.
In your essay response, each bulleted sub-question should be incorporated into the general theme of the numbered chapter objective.
Address each bulleted sub-question with at least 250 words or more.
Identify the sources you quote from and list sources used in your research.
Your grade will be based on the accuracy, completeness and amount of research. View the grading rubric below for more details on grading.
Do your own work. Do not copy or use another persons work. You must properly cite sources and attribute using “quotations” words, ideas and thoughts that are not your own using the Citation Guides. Submitted papers will be checked for originality using TurnitIn.
Click on “Submit Assignment” to the right, and choose either to “file upload” your assignment as a file (limited to: doc, xls, txt, pdf, docx) or copy and paste using “text entry”.
Respond to the following:
OBJECTIVE: Explain why the arrival of jumbo-jets in the early 1970s proved to be both a boon and a bane for the cargo business. Discuss the market for air freight in relation to the type of commodity carried and demand and distribution problems.
Why did the arrival of jumbo jets prove both a boon and a bane for the air cargo business?
List 5 major commodities shipped by air and why?
OBJECTIVE: Describe such problems facing schedulers as traffic flow, schedule salability, adjusting schedules and leverage of load factor
Discuss three marketing related problems. What is meant by traffic flow and sensitivity of schedule salability? Give examples.
Airlines produce revenue passenger miles, but sell available seat miles. What does this mean? Why do costs vary only slightly with a additional passengers?
OBJECTIVE: Understand the Fleet Optimization Model
Describe the Fleet Optimization Model. Why is it important?
What are some of the advantages of fleet commonality?