MIXED OPTIMIZATION: DIAGNOSIS AND PROPOSED SOLUTION FOR SEVERAL PROBLEMS IN THE AIRLINE INDUSTRY

Item request has been placed! ×
Item request cannot be made. ×
  Processing Request
  • Source:
    Journal of Air Law and Commerce, 2006/10/01, Vol: 71, p691
  • Additional Information
    • Author:
      Jesse Hercules
    • Citation:
      71 J. Air L. & Com. 691
    • Copyright:
      Copyright (c) 2006 Southern Methodist University School of Law
    • Abstract:
      I. INTRODUCTION THE PURPOSE of this paper is to describe several interrelated problems in the airline industry, explore economic and legal causes, and propose a solution using federal aviation, antitrust, and bankruptcy laws. The airline industry has been plagued with bankruptcies. Since 1978, there have been 162 airline bankruptcies, and four recent airline bankruptcies are among the largest corporate bankruptcies ever. 1 The United States Government Accountability Office reports that "bankruptcy is endemic to the airline industry," 2 but that airlines have had "mixed results in reducing costs while under bankruptcy." 3 Ticket prices tend to "frustrate consumers because they appear to be neither predictable nor rational." 4 Consumers face large differences in price based on "day of travel, time of day, and a variety of other factors, all of which are subject to frequent change." 5 Additionally, airline flights are often delayed - in 2000, more than a quarter of airline flights arrived at least fifteen minutes late. 6 Although a cyclical decline in air traffic has reduced delays, long-term traffic predictions suggest that congestion will soon return. 7 Since it typically takes ten to twenty years to plan, get regulatory approvals, and construct a new runway at a major airport, 8 our airports cannot easily add capacity to meet demand. These problems are the result of a clash of two completely different business models within the airline industry: the linear model and the hub-and-spoke model. The linear model, exemplified by low-cost carriers like ...
    • Subject Terms:
    • Keywords:
      accountability
      additionally
      bankruptcies
      interrelated
      introduction
      exemplified
      predictions
      differences
      predictable
      completely
    • Accession Number:
      edslex4ED4D88E
  • Citations
    • ABNT:
      HERCULES, J. Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry. Journal of Air Law and Commerce, [s. l.], v. 71, p. 691, 2006. Disponível em: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428. Acesso em: 28 jan. 2020.
    • AMA:
      Hercules J. Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry. Journal of Air Law and Commerce. 2006;71:691. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428. Accessed January 28, 2020.
    • APA:
      Hercules, J. (2006). Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry. Journal of Air Law and Commerce, 71, 691. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428
    • Chicago/Turabian: Author-Date:
      Hercules, Jesse. 2006. “Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry.” Journal of Air Law and Commerce 71 (October): 691. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428.
    • Harvard:
      Hercules, J. (2006) ‘Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry’, Journal of Air Law and Commerce, 71, p. 691. Available at: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428 (Accessed: 28 January 2020).
    • Harvard: Australian:
      Hercules, J 2006, ‘Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry’, Journal of Air Law and Commerce, vol. 71, p. 691, viewed 28 January 2020, .
    • MLA:
      Hercules, Jesse. “Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry.” Journal of Air Law and Commerce, vol. 71, Oct. 2006, p. 691. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428.
    • Chicago/Turabian: Humanities:
      Hercules, Jesse. “Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry.” Journal of Air Law and Commerce 71 (October 1, 2006): 691. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428.
    • Vancouver/ICMJE:
      Hercules J. Mixed Optimization: Diagnosis and Proposed Solution for Several Problems in the Airline Industry. Journal of Air Law and Commerce [Internet]. 2006 Oct 1 [cited 2020 Jan 28];71:691. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex4ED4D88E&custid=s8280428