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Economist | Police drag a man from a United Airlines plane

Within the past couple weeks, the media had a frenzy regarding one of the nations’ air carrier United Airlines decision on customer removal. The airline experienced an overbooking situation which is not uncommon within the airline industry and solicit volunteers to give up their seats for a monetary amount. The airline industry continues to be a very lucrative market especially since the cost of fuel is low. Additionally, emerging markets and globalization has led to an increase demand for air travel.  While the airlines often make profitable gains from overbooking, the situation can be a big inconvenience for passengers who are solicited. Working for an airline has provided the necessary knowledge as it relates to overbooking. Many people view this has a bad thing but for the airlines it makes the most sense from an economic stance. When customers often book flights, they may choose their seats, but in actuality on some airlines, that seat is not guaranteed. Instead, a passenge...

The Economic Reality Behind Boeing's New Plane

The aviation industry exists in an intensely competitive market which possesses many threats and challenges for not only airlines but aircraft manufacturers. Such an industry has contributed the economies of many countries and serves as a global hub for the transition of business all while incorporating new and innovative means of travel. The airline industry has altered the way in which people live, and how business are conducted. The mass amount of aircraft making up the airline industry can be contributed to many aircraft manufacturing companies. One of which is the Boeing Company which changed the way how the aviation industry views  technology by introducing more modernized means of transportation which caters to the traveling public and exemplifies what luxury is like within the skies. Just recently, President Trump visited the inaugural celebration for Boeing’s 787 Dream liner series. The new model series has said to be the most economical where it can transport a large...

Manipulating the work schedule to keep worker pay low by sending employee home.

With any business operations whether a small mom and pop or shop or big corporation, it can be difficult to make the decision to send home an employee. Market demands and consumer buying trends often determine the hours of operations for a business. On one side of the spectrum, keeping the business open is a priority and due to volatile market changes and demands anything can happen that could potentially hinder the business operations. However, many employees suffer financially from poor scheduling and slow business operations. I don’t think it is ethically wrong to send someone home due to slow period especially if the employer did their due diligence to communicate this possibility prior to hiring the individual. I think for an hourly employee, employers must ensure they enable them to make up the hours during a busy season. An hourly employee can be guaranteed certain hours which ultimately can affect their financials if their hours are reduced. Companies must establish and enforc...

Is it Unethical to not Compensate Employees Despite Soaring Profits?

British Airways crew walk out over “poverty” pay With low costs and high profits, the airline has few excuses for not paying staff better, The aviation industry has long been criticized for poor wages for its employees. While the industry is perhaps one of the fastest mode of transportation, many workers enjoy other perks of their job such as free or discounted travels along with the ability to explore the world. The aviation industry is highly regulated  and  the success of many airlines depends on their ability to sustain a competitive advantage in the market. With the expansion of emerging markets and globalization many airlines are competing to gain strong market share. They have invested heavily into their product and also identify ways to reduce cost. With the low fuel price, many airlines are becoming profitable in many markets. Despite such a profit, many airlines employees are not getting a feel of that profitable gains in their pocket. As a result many go on st...