Airlines and Rising Fuel Prices

Paper Summary:

The paper explains that since airlines are heavily dependent upon fuel for its continuing operations, they have been heavily burdened by rising fuel prices. The paper then looks at airlines' cost-cutting measures such as laying of thousands of workers and delaying or eliminating long-distance flights and relates that the general aviation industry has also suffered. Next, the paper overviews the solutions that revolve around alternative lead-free fuel. The paper concludes that while the market is extremely unstable at the moment, it is nonetheless possible that the crisis can be averted when officials work together to find viable solutions.

Outline:
Abstract
Introduction
Commercial Aviation
Conclusion

From the Paper:

"The rising costs of fuel has become the main conversation point of motorists throughout the world. For perhaps the first time in world history, the food and fuel crises have become worldwide phenomena, with only an investment in alternative fuel sources appearing to be a valid long-term response. The aviation industry is no exception, and indeed appears to be one of the hardest hit industries in terms of fuel. Both commercial and private airlines need a large amount of fuel in order to complete their long- and short-distance flights. The rising fuel costs have resulted in a number of strategies to mitigate the extra investment required. Some commercial airlines have even reduced their long-distance flights in order to save fuel, while others have increased their ticket costs. The reality is that fuel prices are likely to continue their upward trend as the world's oil resources are increasingly pressured."

Sample of Sources Used:

• AOPA ePublishing staff. AOPA working on future avgas. http://www.aopa.org/aircraft/articles/2008/080319avgas.html
• Credeur, Mary Jane. (2008, July 9) . Northwest Air to Cut 2,500 jobs to Blunt Fuel Costs. Bloomberg Press. http://www.bloomberg.com/apps/news?pid=20601103&sid=aQSwxib7vM3s&refer=us
• Hegeman, Roxana. (2008, July 8). Soaring aviation fuel cots ground many pilots. Forbes.com. http://www.forbes.com/feeds/ap/2008/07/08/ap5194342.html
• Lynch, Kerry. (2008, Mar. 24). AOPA, Greens Battle Over Lead In AvGas. Aviation Week. http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=busav&id=news/LEAD03248.xml
• Peer, Melinda. (2008, July 11). Airlines' Cry for Help. Forbes.com. http://www.forbes.com/equities/2008/07/11/us-airways-closer-markets-equity-cx_mp_0710markets44.html

More papers on Airlines and Rising Fuel Prices:

• Term Paper # 103646 : "Threats to Southwest Airlines"
• Research Paper # 27309 : "The International Airline Industry"
• Research Proposal # 108875 : "Best CRM Practices in the Airline Industry"

APA Citation:

MLA Citation: