Compensation Issues in Aviation Industry

Introduction: The aviation industry supports some million of jobs in Europe today and includes airport-related activities, airline carriers and air traffic control. thither is a big number of European airlines operating weakened and large aircrafts in Europe and worldwide. Over the last old age the sector has been facing challenges on profitability, earnings, fiscal balance, competitiveness, etc. some airlines have been struggling with the privatization plans while others witnessing periods of extremely poor financial turnover rates. Some of them have already made the industrial transaction news (SABENA) due to their financial situation. Within days of the attacks in the USA, European airlines responded immediately by shedding drastically jobs and by reducing the number of routes. Therefore, the already bad financial situations in some of the airlines have forced them to plunge into red by-line the 11th of September attacks. Overall, statistics indicate that air transport has witnessed hearty growth in recent decades; intra-European passenger traffic grew at an average annual rate of 7, 8% in the 1989s and by 6, 7% per annum between 1990 and 1997. The air transport companies hightail it to be larger than other in the transport industry.

mediocre custom for the sector exceeded 100 persons while the average turnover per company was equal to 21, 2 million. It was expected as primordial as in the end of 1990s that the airlines would be influenced by the liberalization and privatization of the EU air transport sector which is a fact. This tendency was followed by the formation of large alliances. Among the European airports capital of the United Kingdom Heathrow was ranked first with more than passengers. Other European airports such(prenominal) as Frankfurt, Paris Charles de Gaule and Amsterdam were in excess of 30 million passengers per annum. While analysts noticed rising trends in employment in the second half of the 1990s, from 265 gigabyte employees in 1995 to 310 thousand in 1999, a higher than average... If you want to get a full essay, order it on our website: Orderessay

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