COMPETITION IN INTERNATIONAL AIRLINE MARKETS: BUSINESS MODEL MANAGEMENT

Keywords: aviation industry, competition, competitiveness, Ryanair, UIA PJSC, Southwest Airlines, business model

Abstract

Objective. The article is devoted to the study of ways of gaining competitive advantages of domestic airlines and the analysis of competitive advantages on international airline markets, taking into account their business models. The authors, based on the analysis of the air transport market, compiled a SWOT matrix - an analysis for the airlines "Ryanair", "Southwest Airlines" and PrJSC "UIA", which shows weaknesses and strengths, opportunities and threats. Results. Ryanair's business model has proven to be a testament to their innovative approach to the highly competitive air travel industry. By redefining low-cost air travel and constantly improving the customer experience, they not only managed to dominate the European market, but also expanded their operations worldwide. Southwest has proven to have a winning formula that combines process, people and purpose, with the airline's specialty in responding to the changing competitive landscape of its core business and being able to say no. Practical significance. The author's research and analysis of the activities of PJSC "UIA" showed that the company, despite its strong position on the market, has important shortcomings that greatly hinder the company's development. At the same time, the analysis of the business models of Ryanair, Southwest Airlines and UIA PrJSC shows that in the post-war period and the period of recovery of the domestic aviation industry, the main consideration is the creation of a competitive environment in the air transportation market in Ukraine.

References

International Air Transport Association. Annual Review 2023. 79th Annual General Meeting and World Air Transport Summit, Istanbul, Türkiye. URL: https://www.iata.org/contentassets/c81222d96c9a4e0bb4ff6ced0126f0bb/annual-review-2023.pdf

Airline Competition. URL: https://www.oecd.org/competition/airlinecompetition.htm

DAF/COMP(2014)14. URL: https://one.oecd.org/document/DAF/COMP(2014)14/En/pdf

Organisation for Economic Co-operation and Development. URL: https://one.oecd.org/document/DAF/COMP/WD(2014)77/En/pdf

Abuselidze, G.; Slobodianyk, A. (2020). Social responsibility of business and government in the conditions of the COVID-19 pandemic, E3S Web of Conferences, ISSN 2267-1242, EDP Sciences, Les Ulis, Vol. 210. DOI: https://doi.org/10.1051/e3sconf/202021015016

Abuselidze, G.; Slobodianyk, A. Overview welfare in Georgia and prospects formation of effective economic and social models. Сучасні питання економіки і права. 2018. Вип. 2. С. 69–79.

Mohylevskaya, O., Romanova, L., Slobodyanic, A., Mohylevskyi, Yu., Shtanko, A. (2016) Marketing approach to the management by innovative development of the region. Sustainable economic development of regions: a collective monograph. Austria, Vienna. Vol. 10. Pp. 55–63.

Могилевська О., Слободяник А., Данилевська-Жугунісова О. Ключові аспекти ціноутворення як елемент маркетингової політики підприємства. Економічний аналіз. 2022. Том 32. № 2. С. 140–145. DOI: https://doi.org/10.35774/econa2022.02.140

Namliiev Y., Kacicka G. Topical problems of regulating the economic activity of enterprises and developing a system of anticrisis management in market conditions. New Knowledge Journal of Science. 2022. Vol. 11, no. 4, pp. 5–12. URL: https://science.uard.bg/index.php/newknowledge/article/view/940/pdf_379

International Air Transport Association. Annual Review 2023. 79th Annual General Meeting and World Air Transport Summit, Istanbul, Türkiye. Available at: https://www.iata.org/contentassets/c81222d96c9a4e0bb4ff6ced0126f0bb/annual-review-2023.pdf

Airline Competition. Available at: https://www.oecd.org/competition/airlinecompetition.htm

DAF/COMP(2014)14. Available at: https://one.oecd.org/document/DAF/COMP(2014)14/En/pdf

Organisation for Economic Co-operation and Development. Available at: https://one.oecd.org/document/DAF/COMP/WD(2014)77/En/pdf

Abuselidze, G., Slobodianyk, A. (2020). Social responsibility of business and goernment in the conditions of the COVID-19 pandemic, E3S Web of Conferences, ISSN 2267-1242, EDP Sciences, Les Ulis, Vol. 210. DOI: https://doi.org/10.1051/e3sconf/202021015016

Abuselidze, G.; Slobodianyk, A. (2018). Overview welfare in Georgia and prospects formation of effective economic and social models. Suchasni pytannia ekonomiky i prava, vol. 2, рр. 69–79.

Mohylevskaya, O., Romanova, L., Slobodyanic, A., Mohylevskyi, Yu., Shtanko, A. (2016). Marketing approach to the management by innovative development of the region. Sustainable economic development of regions: a collective monograph. Austria, Vienna. Vol. 10, pp. 55–63.

Mohylevska, О., Slobodyanic, А., Danylevska-Zhugunisova, О. (2022). Kliuchovi aspekty tsinoutvorennia yak element marketynhovoi polityky pidpryiemstva. Ekonomichnyi analiz, vol. 32, no 2, pp. 140–145. DOI: https://doi.org/10.35774/econa2022.02.140

Namliiev Y. & Kacicka G. (2022) Topical problems of regulating the economic activity of enterprises and developing a system of anticrisis management in market conditions. New Knowledge Journal of Science, vol. 11, no. 4, pp. 5–12. Available at: https://science.uard.bg/index.php/newknowledge/article/view/940/pdf_379

Article views: 52
PDF Downloads: 75
Published
2023-09-26
How to Cite
Slobodianyk, A., Salkova, I., & Mohylevska, O. (2023). COMPETITION IN INTERNATIONAL AIRLINE MARKETS: BUSINESS MODEL MANAGEMENT. Kyiv Economic Scientific Journal, (2), 61-68. https://doi.org/10.32782/2786-765X/2023-2-8
Section
SCIENTIFIC ARTICLES

Most read articles by the same author(s)