The EU and the Airline Industry

Paper Summary:

This paper reviews the "Fortune Magazine" article "The Not-so-friendly Skies of Europe" This article was about the European Union's decision to add additional environmental regulations to the airline industry. The reviewer argues that these regulations came at a bad time for the airline industry, and gives examples in the paper. The reviewer also gives a critique of some of the EU's economic policies and how they affect the US, and specifically the travel industry.

Outline:
Article Summary
Analysis
Works Cited

From the Paper:

" Although the EU in the popular and academic press is often debated in terms of its negative or positive effect as a homogenizing influence upon its member states, which has resulted in the banning of once popular regional products like French raw milk cheese, the alternation of traditional schedules such as the elimination of the customary siesta taken in Greece and Spain, and the capping of state aid to what the EU believes should be privately run industries like airlines, such new emissions regulations indicate how the behemoth economic entity known as the EU can also affect American industries at home, through its regulatory influence and its sheer size. The EU is not simply posing a competing threat for American industry, but its different views on regulation will have an impact upon America economic health, whether Americans like this or not."

Sample of Sources Used:

• "As bankruptcy looms, airlines face new regulation." EurActive. Updated September 20, 2006, [Oct 14, 2006] < http://www.euractiv.com/en/transport/bankruptcy-looms-airlines-face-new-regulation/article-144588>
• Stier, Ken. "The Not-So Friendly Skies of Europe." Fortune Magazine. May 25 2006. [Oct 14, 2006] <http://money.cnn.com/magazines/fortune/fortune_archive/2006/05/15/8376910/index.htm>
• "Study Says Airline Service Worsens," CNN.com, April 3, 2006, [Oct 14, 2006] <http://money.cnn.com/2006/04/03/news/companies/airline_quality/index.htm>

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