Eureka! Institutional Repository

This paper is conducted so as to identify the proper conditions for the efficient operation of the Air Transport Industry, which operates in a highly competitive environment. The basic objectives are the in-depth analysis of the Industry’s efficiency and environment as well as the study of all those elements that comprise the “Air Transport Ecosystem”. Furthermore, the paper evaluates the analyses’ results in order to provide not only the precise nature of the Industry but also the purpose of its being for both customers and businesses. To achieve all the aforementioned, a research was conveyed in all sorts of sources related to the topic, so all those crucial data needed to profoundly form this thesis would be taken under consideration. Moreover, the historal data as well as the current situation and norms under which the Industry is operating are also being studied in order to accurately present this particular sector. As a result, a holistic approach is accomplished not only for the purposes of the study itself; but as part of the procedures that many Air Transport companies follow as well. From that point of view, one can comprehend the workflow and operations of the airlines, what their exact role is, and whether it confirms or contradicts what the rest of the world knows about them and their practices. At the same time, the performance strategies that the airlines follow are being “revealed” whilst their competitive advantages and internal audits provide the metrics and monetizing of each firm.