An Essay on the Future of the Caribbean Airline Industry.

What do we consider the global air transport industry and exactly how has this industry developed and reached such a stature in today’s society? Firstly, we define the air transport industry as the business of transporting paying passengers and freight by air along regularly scheduled routes, typically by airplanes. The birth of flight began in the 1900’s, making air travel a crucial means of transportation for not only people but products and services as well. One of the first commercial airlines took flight in 1912. Before World War I, people’s interest in flying was more for airplane races. During the war, the demand for airplanes increased bringing about new techniques and advances in building them. After the post war periods, Europe began to set up commercial airplane routes and the government established the well known British Airways and Air France that we see still existing and frequently flown by people in today’s 21st century. While European commercial airlines were taking flight, the United States’ development was slower than that of theirs, with Pan American Airlines being founded in 1928 followed by United Airlines, American Airlines and Delta. Apart from Pan American Airlines which no longer exist, the others have now set a name for themselves and has become some of the major players in the global airline industry. Coming down to the 20th century, the Civil Aeronautics Board (CAB) was established carrying about the two main functions of determining airlines’ routes when travelling and regulating the prices of fares of passengers travelling. This board was also established to ensure and manage safety operations within the industry. Due to the routes and fares that the board was in charge off, airlines had to now compete by striving to offer the best quality service because they couldn’t compete with each other by offering lower fares because fares was based on average cost. Therefore if the board saw that an airline’s services quality wasn’t up to...