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Policy measures for the development of the Korean airline industry

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Frame of Image opment of the Korean Airline Industry
1. Development Measures of the Airline Industry
(1) Analysis on the Influence Factors of the Airline Industry
First of all, it is important to consider factors that affect the airline industry in order to derive policy directions for industrial development. According to Hyun-Mo Kim (2010), there are three influence factors of the airline industry: airline strategies, internal variables, and external variables. Airline strategies include networking of airline routes, air fares and airline alliance strategies,
Table 1.
Variables
Influence Factors of the Airline Industry
Details Global Airline vs. Regional Airline Hub and Spoke vs. Point to Point Choice and Concentration Full Service vs. Low Cost Carriers (LCCs) Alliance Airline vs. Nonalignment Airline Technical Side-Improvement in Fuel Efficiency Demand Side-Commercial Demand vs. Leisure Demand Alternative Transportation Oil Price
Airline Strategy
Internal Variable External Variable
Source : Hyun-Mo Kim (2010), Analysis on airline business strategies and changing environment for East Asia airlines, p.9.
May / June┃2013┃Vol 18┃No 3
31
04_이슈2(이상규)OK2013.6.213:11PM페이지32001PDF_IN600DPI200LPI
etc. One of the key internal variables is technology, and major external variables comprise demand, alternative means of transportation, and oil prices. This study analyzes the airline industry and presents its prospects for development, focusing on these influence factors. The airline’s strategic directio


Full Text
Title Policy measures for the development of the Korean airline industry
Similar Titles
Material Type Reports
Author(English)

Lee, Sang-Kyu; Bing, Hyun-Ji

Publisher

[Seoul]:Korea Institute for Industrial Economics & Trade

Date 2013-05
Journal Title; Vol./Issue KIET Industrial Economic Review: Current Issues:vol. 18(no. 3)
Pages 14
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding KIET; KDI School