...The Post-American World We have entered a new age of economic growth. Fareed Zakaria explains in his bestseller, “The Post-American World”, that we are currently experiencing the third power shift in 500 years. In “The Post-American World”, Zakaria shows us where America stands when compared to rapidly growing countries. America can no longer hold its position of acting director on the world stage with countries rapidly catching up. It is now America’s duty to provide suggestion pertaining to problems arising of rapid growth. We can no longer police the world. “The world is moving from anger to indifference, from anti-Americanism to post-Americanism. The fact that new powers are more strongly asserting their interests is the reality of the post-American world. It also raises the political conundrum of how to achieve international objectives in a world of many actors, state and nonstate.” (The Post-American World 2.0, Page 39) We have now entered the third of three power shifts. First, there was a shift of power to the western world during the Renaissance. We call this “Rise of the Western World.” Next, The United States became a global superpower during the Rise of the United States. The US dominated with its “secret sauce” consisting of enhanced global economics, capitalism, individual rights, science, technology, and education. Since The Rise of the United States, many countries have found their way to growth and modernization. Japan was the first to adopt western methods...
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...------------------------------------------------- Post–World War II economic expansion From Wikipedia, the free encyclopedia "Golden Age of capitalism" redirects here. Other periods this term may refer to are Gilded Age and Belle Époque. In the United States and several other countries, the boom was manifested insuburban development and urban sprawl, aided by automobile ownership. Many Western governments funded large infrastructure projects during this period. Here the redevelopment of Norrmalm and theStockholm Metro, Sweden. The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of economic prosperity in the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early 1970s. It ended with the collapse of the Bretton Woods system in 1971, the 1973 oil crisis, and the 1973–1974 stock market crash, which led to the 1970s recession. Narrowly defined, the period spanned from 1945 to 1952, with overall growth lasting well until 1971, though there are some debates on dating the period, and booms in individual countries differed, some starting as early as 1945, and overlapping the rise of the East Asian economies into the 1980s or 1990s. During this time there was high worldwide economic growth; Western European and East Asian countries in particular experienced unusually high and sustained growth, together with full employment. Contrary to early...
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...Components of Population Growth 1956-2006 11 8.2 The Snowy Mountain Hydroelectric Scheme 11 8.3 Population Growth Since 1945 12 8.4 Fares and travel between Perth and other Australian capitals by air, 1945 12 8.5 Number of Registered Cars and Station Wagons from 1919-2003 12 1.0 Introduction This research report will look into the economic development after World War II producing an increased market of business travellers and tourism in Australia. It will also outline some of the technological, social and cultural impacts on Australia after this time, which also led to the increase in the tourism industry. This report will also discuss how the baby boomers now have a large affect on the tourism industry today. The Guest Host Relationship between tourism and hospitality guests and supplier will also be discussed. 2.0 Economic Development 2.1 Economic Development In the months prior to Australia going to war, the economic conditions had worsen in some states including New South Wales which was still recovering from the Great Depression in 1930s [www.parliament.nsw.gov.au], however at the conclusion of World War II in 1945, Australia, along with many other countries entered an economic boom or “long boom”. Birth rates increased, as well employment rates and living standards [www.parliament.nsw.gov.au]. Migration also increased in...
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...American Airlines is the most profitable and the biggest airline in the USA, which became the most influential and greatest airline in the world in 2013 after the merger with US Airways. The company transports the highest quantity of passengers per year. The airline serves for more than 330 million passengers every year and owns about 655 aircraft, which fulfill various types of transportation – passenger and cargo ones. The headquarters of the airline is situated in Ford-Yort not far from the international airport in Dallas. American Airlines makes flights about the US and fulfills international flights to South America, Europe, Japan, India and China. It is supposed to be the second most profitable airline in the world after Air France-KLM. The history of the company dates back to the first half of the 20th century and started from 1926, when more than 80 carriers decided to unite into the single company called American Airlines. In 1930 the airline was already serious enough to make flights between the biggest cities of the US and its fleet consisted of wooden planes and metal planes Ford Trimotor. It does not worth mentioning that in the War time more than the half of the company’s aircraft was used for the military purposes and it was World War 2 which maintained the development of technologies and the quality of aircraft. The post-war period is characterized with the rapid growth and further development of American Airlines. It was one of the first airlines which...
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...The History of Aircraft design By: David Roberts Imagine yourself at Kitty Hawk, North Carolina. The year is 1903. You and your brother our about to make the first powered flight in history. The wind was right and you recorded a 59 second flight over a distance of 852 feet. You have just made history, in successfully flying the first powered aircraft. This is probably how the Wright brothers, Orville and Wilbur Wright felt that day. They successfully flew an airplane with a 75 horse power engine. I will be talking on how aircraft design and power plants have evolved since 1903. From the Wright brothers era, the golden age, to the jet era, to what we use today. It going to be an accelerating time so let's get started with the Wright Brothers. The Wright Brothers were known as the first people to achieve the first powered heavier than air flight. This was a huge accomplishment, but believe it or not, they were not the first to fly. According to Aviation 1890-1939 The Pioneering Years, "the Montgolfier Brothers were even earlier pioneers when they took to the sky in a hot air balloon over Paris in 1783. In 1853, in Yorkshire, England, an employee of Sir George Cayley, flew across a valley in the first, heavier than air glider (http://myweb.tiscali.co.uk/kenanderson/aviation/index.html)." These early pioneers helped pave the way for the Wright Brothers. The Wright Brothers started off as bike builders, and it wasn't till December of 1900, that the Wright Brothers...
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...Pan American: The History of America's ”Chosen Instrument” for Overseas Air Transport In the history of American commercial aviation, there is no airline more influential, important, and better known than Pan American Airways. It was not the first American passenger airline, nor did it ever meet with much success in the domestic market, but Pan Am (as it was more commonly known), represented a new adventurous image of the United States to the world. When filmmaker Stanley Kubrick produced his landmark vision of the future in the 1968 movie “2001: A Space Odyssey,” he envisioned Pan Am as the space carrier that would take men and women regularly into space. Pan Am's history is inseparable from the life and career of Juan Trippe, the company's founder and guiding visionary for five decades. Trippe, a former navy pilot, had shown early interest in passenger aviation with an aborted attempt to start a charter service for wealthy socialites in New England in the early 1920s. Within a few years, Trippe's primary focus, like many other entrepreneurs, shifted to the Caribbean and Latin America. With the help of financiers such as Cornelius Vanderbilt Whitney and William A. Rockefeller, Trippe formed the Aviation Corporation of America on June 2, 1927, to offer air services into the Caribbean. Trippe had competition from two other companies. One, the Atlantic, Gulf, and Caribbean Airways, formed on October 11, 1927, was headed by Richard Hoyt, a New York broker. The second had...
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...Battle for Logan (A) * The battle for Logan Airport: American Airlines vs Jetblue * January, 2004 - Joe Smith, American Airlines VP of Strategy – realized that JetBlue Airways, one of the most recent entrants into the low-cost carrier (LCC) market, was five days away from commencing service at Boston’s Logan International Airport * Given the success of LCCs in other markets, Smith believed there was a good chance that the low fare prices those competitors offered would reduce American’s pricing power and load factor (a standard measure of capacity utilization) for those flights * Smith sat back in his chair and thought about the industry’s evolution and American’s position in it, while contemplating his course of action. * Airline industry overview - Prior to 1978, an airline’s ability to freely choose its routes and ticket prices was limited by strong regulatory controls. With the passing of the Airline Deregulation Act of 1978, however, government control of routes and fare pricing was eliminated, resulting in increased consolidation and competition and the emergence of unequal cost structures, as airlines jockeyed for a better market position and price advantage in the post-regulation era. By the start of the 1990s, industry consolidation had resulted in a handful of airlines’ controlling more than 90% of the U.S. air passenger transportation market. * Competition after deregulation increased dramatically at both the national and the regional levels...
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...and wide spread reach influences the daily lives of people all over the world including 160 million customers each year and 70,000 employees. Delta was founded in the 1920’s as the first commercial agricultural fleet; present day the company services commercial flights in over 350 destinations on 6 continents. The company’s merger with Northwest in 2008 created an international airline with locations in every region of the world. In 2009, Delta celebrated 80 years of passenger service and became the only airline to offer nonstop flights between Los Angeles and Sydney, Australia. Since 2001, Delta has had many financial difficulties. The negative effects of the September 11th terrorist attacks and recent recession are among the most notable. Despite their financial woes, which ultimately resulted in bankruptcy in 2007, Delta has continued to stay innovative by introducing new technologies, internal restructuring, and expanded service (www.delta.org). Due to the monumental presence of Delta in the global market, the moral of its employees in response to the organization’s behavior is constantly under scrutiny. Delta employee’s behavior, attitude, and work ethic have the ability to positively or negatively impact the customer and ultimately the success of the company; because of this, the employee’s morale should be a high priority for the organization. With the recent recession, the average American appreciates the value of money more these days than ever and investigates...
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...Fixed costs do not vary with the scale of operations, and will be incurred even if the flight is cancelled. Examples of fixed cost are the rental cost of leased planes, which is time- but not operations-sensitive, and general administrative costs such as salaries. Constant costs, which cease if the flight is cancelled but are invariant to the volume of traffic carried, are also high. Examples of constant costs are the subsistence allowance paid to the cabin crew, and landing fees, which do not depend on the number of passengers, but will not be incurred if the flight is cancelled. Variable costs, which vary with the volume of traffic carried, have traditionally been quite low in the airline industry. They include ticket commissions, baggage handling, and cabin amenities including food and beverages, among other passenger-related costs. With the recent spate of cost cutting, where ticket commissions to travel agents have been eliminated by the major airlines (with the exception of Southwest Airlines), a cap of $100 commission on international flights, and drastic reductions in the quantity and quality of meals, variable costs have gone down. To counter the effects of the September 11, 2001 terrorist attacks, U.S. airlines have reduced fares to lure back lost passengers. As a result, load factors for 2002 are estimated to be around 72 percent, but the breakeven passenger load factor has risen to 81 percent, so losses for 2002 are estimated at $9 billion. (3) Thus there is...
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...Marketing Plan Tabitha Blount, John Greene, Nicole Noe, Marva Weeks and Tracey Ysordia MKT/421 September 30, 2013 Dr. Michael E. Ricco MBA, DBA Introduction In 1930, American Airways was first founded and had flights from their hub in Dallas to Boston, Chicago, New York and Los Angeles. American Airlines Inc., formerly known as American Airways, is a US airline owned by AMR Corporation. As one of the leading airlines in the United States, their available flight routes are both domestic and international. In February 2013, American Airlines and US Airways announced plans to merge, which would create the largest airline in the world. The combined airline is set to carry the American Airlines name and branding; the new publicly traded holding company will be named American Airlines Group Inc (American Airlines, Inc, 2008). With the merging of the airlines, American Airlines is looking to the future for continued profitability and to continue success with customer satisfaction. Description of New Service American Airlines, Inc. will introduce the AirPad and also the AirPad, Jr. The new product lines will be available on all flights. The rentals are free for Business Class travelers and those in coach will be charged a $15 or $10 if they reserve in advance. The AirPad product lines will have access to a large selection of movies, television shows, interactive and kid friendly games. They will also offer a variety of magazines and books that can be rented during the flight...
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... | [Marketing in downturn] | American Airlines American Airlines (AA) is a major U.S. airline and a subsidiary of AMR Corporation. Founded in 1930, AA flies throughout North and South America, the Caribbean, Europe, and Asia/Pacific with 260 destinations in total. AA has a fleet size of 605 planes. The revenue of 2010 was US$ 22.17 billion and this shows that AA is still one of the biggest airline companies in the U.S. Impact of the financial crisis The financial crisis hit AA hard as it was already suffering due to the inflation of oil prices. The high price of oil resulted in a very high cost of fuel for the company’s jets. Oil prices have gone up to more than $130 per barrel. The increasing cost of oil has cost the company almost $3 billion since the beginning of 2008. The stock prices went down in response to the crisis and the increasing oil prices. In November 2011, AMR filed for bankruptcy protection in an effort to reduce labour costs and shed its heavy debt load. American Airlines until the crisis in 2008 Due to the high price of oil, resulting in very high costs of fuel for American Airlines and a decline in travel demand; American Airlines had to decrease the amount of domestic flights by 12 % after the end of summer 2008. Earlier American airlines had only meant to lower the amount of flights by 4.6 %. As the oil crisis started to have a larger impact on American Airlines, adjustments had to be made in order to stay profitable...
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...Domestic Environment Delta Air line is an international airline Company that provides schedule air transportation to several places throughout the whole world. The company is based in the United State of America, serving as its domestic market, since establishment and has been ranked the largest airline in the US in regard to the total number of destinations or places it serves. The Airline industry, in which Delta Air Lines serves, is one of key sectors for the economic growth of a country. The industry offers job opportunities to millions of peoples and generating nearly half of most revenue. According to Air Transport Association, 2009 the industry in USA contributes nearly 5 percent of overall Gross Domestic Product , generates more than half a trillion in annual returns and offers employment to more than ten million people. The industry worldwide is predominantly made up of the most promising players, Delta inclusive, such as Southwest, FedEx, US airways, Qatar Airlines, South Africa Airways, Virgin Atlantic, among others. These players are categorized into three depending on their revenues as; major airlines, the national airlines and regional airlines (Gale, 2005). Delta Air Line originally was operational in the agriculture industry in 1942 was it was founded as the world first aerial crop dusting corporation before venturing into the commercial airline industry. With journey coupled with continuous failures and successes, the company has grown to the level it has...
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...Executive Summary – American Airlines The future of American Airlines remains uncertain after a lieu of mistakes and misfortunes. American Airlines’ parent company, AMR, filed Chapter 11 bankruptcy in November of last year after recording net losses of $2.1 billion, $1.5 billion, and $471 million in 2008, 2009, and 2010 respectively. Also, with AMR’s previous CEO declaring retirement, new CEO Tom Horton was named. In the wake of their financial predicament, American Airlines is also having PR, managerial, and maintenance problems. The pilot union is demanding an industry standard contract that includes salary and job security provisions. The inability of AA to negotiate a deal, along with thousands of job cuts, has left many American Airlines’ employees bitter. In recent months, flight attendants have engaged in very inappropriate public rants and rude behavior consequently causing delays among flights and irate customers. In addition to the behavioral issues, several planes have had to make emergency landings due to loose seats and other incidents of insufficient inspection. In July, five AA passengers had to be hospitalized after encountering turbulence during a flight. American Airlines’ fleet of aircrafts has an average age of 15 years. These aged carriers are inefficient energy consumers and multiply costs. American Airlines has openly declared their opposition to a merger with US Airways, although, the final decision rests with AMR and negotiations are still in progress...
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...Boeing was founded in 1916 by William E. Boeing in Seattle, Washington. Boeing has expanded over the years, merging with McDonnell Douglas in 1997. Boeing entered the age of the jet transport on July 15, 1954, when the company announced the 707 prototype. The Boeing 707 eventually made its maiden flight from Renton Field, south of Seattle. Productions go ahead for the 707 was announced by Boeing on Aug. 30, 1952, as a company financed a $16 million investment. The airplane rolled from the factory less than two years later, on May 14, 1954. Its first flight that July marked the 38th anniversary of The Boeing Company. The Boeing 707 quickly changed the face of airline travel making it now possible for trans-Atlantic flights, with Pan American Airlines being the first airlines to inaugurate the new plane with a flight from New York to Paris on October 26, 1958. Following the success of the 707, Boeing has developed a complete family of commercial jetliner models, each model tailored to specific air route requirements. Today, Boeing jetliners account for nearly three-fourths of the world's commercial jet fleet. Boeing is not only in the business of aviation. Boeing also holds numerous defense contacts. Boeing Defense, Space & Security provides end to end services for large-scale systems that...
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...Merger American Airlines won bankruptcy court approval to combine with US Airways which will be the world’s biggest airline. This whole transaction is consider to be a merger because both Airline companies are agreeing to pool their operations and create a new entity. There are no indications that neither of these two companies are buying each other, they are just going to operate under one same management. This merging deal would be beneficial for both companies because of many reasons such as: lower cost structure, business experience, reduced rivalry and increased bargaining power over suppliers and buyers. Lower cost structure: by pooling such a two huge airline companies, US Airways and American Airlines can reach economies of scale and be more efficient with lowering their cost structure. Business experience: both of these companies have been operating for a long period of time. Few years ago, American Airlines filed for Chapter 11 bankruptcy which resulted in cutting back labor and other cost. This specific economic circumstance can be beneficial learning curve and can lead to a better business practice in the future. Reduced rivalry: after this merger is official in fall of this year, American Airlines and US Airways are going to be the biggest airline company. They don’t have to compete with one another and cash proceeds are going to go to only one bank account instead of two. Increased bargaining power over suppliers and buyers: American Airlines...
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