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Aviation Business and Regulatory Environment
INTRODUCTION
Aviation industry refers transportation via air using flying objects like aeroplane and this sector of business is dedicated to perform mechanical activities
which are manufacturing and operating all kinds of aircraft.
Size of aviation
industry by region
US is placed at first
position in terms of the
size of the aviation
industry.
Second position is
grabbed by Asia.
In UK aviation network
placed as third largest in
the world and second
largest in manufacturing
the aerospace (Griggs
and Howarth, 2019).
So, here UK is chosen
for further analysis of
aviation industry.
Key airlines and airports
Major Airlines in UK are
EasyJet, Jet2, Ryanair,British
Airways, Flybe, etc.
EasyJet is the biggest Airline
in the country.
Airports
40 Commercial airports are
situated at different locations
in the country and 5 major
airports (Bottasso, Conti and
Vannoni, 2019).
Heathrow, Gatwick,
Manchester, Stansted, Luton
Airports are major airports in
UK.
Biggest one is London
Heathrow airport.
Global passenger
traffic flow
Currently 236 million
passenger use aircraft for
the transportation.
UK’s motive to make it
700 million till 2030
(Hong and Park, 2019).
Indication of turnover,
profit and loss
Aviation industry in UK
has the turnover around
£60 billions.
British airways possess the
highest profits which is
£895,647 thousand in 2019.
Profitability for the
aviation industry in UK is
very high.
Industry structure to
include alliance networks
Market structure of
aviation industry in UK is
monopoly and perfect
competition, so the
alliance network is strong
(Dai, Guo and Luo, 2019).
As they don't want that
consumer face any
inconvenience in their
travel.

REFERENCES
Bottasso, A., Conti, M. and Vannoni, D., 2019. Scale and (quasi) scope economies in airport technology. An application to UK
airports. Transportation Research Part A: Policy and Practice. 125. pp.150-164.
Dai, Z., Guo, L. and Luo, Q., 2019. Market concentration measurement, administrative monopoly effect and efficiency
improvement: empirical data from China civil aviation industry 2001-2015. Applied Economics. 51(34). pp.3758-3769.
Griggs, S. and Howarth, D., 2019. Discourse, policy and the environment: hegemony, statements and the analysis of UK airport
expansion. Journal of Environmental Policy & Planning. 21(5). pp.464-478.
Hong, J. W. and Park, S. B., 2019. The Identification of Marketing Performance Using Text Mining of Airline Review
Data. Mobile Information Systems. 2019.