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Words: | Submitted: Mon Jun 19 2006
... Economist, May 16th 2002). Some suggested that there were over one million jobs offered within the airline industry. According to Airlines Market Report 2002, it had been estimated that the revenues generated by UK airlines even reached £15.2bn in 2001, nearly 30 percent higher than five years ago. The growth rate had expected to grow more quickly in the following years. The UK airline industry gained nearly three quarters of the revenue from scheduled passenger services in 2001. The breakdown between scheduled passenger revenues, non-scheduled passenger revenues, cargo and other revenues had little change since 1997. Also, there was an increase in the proportion of scheduled UK airline passengers travelling on international routes in the past few years as the domestic routes lost share, the development of low-fare carriers inspired short-haul international routes. " [I]ndependent holidays and visiting friends and relatives (VFR) are the fastest growing purposes to travel, as ...
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