the airline industry is a sector vital to the world's transportation and tourism infrastructure and has been in the throes of a life-and-death struggle between the so-called network or original,older companies and relatively new low-cost(LCCs) carriers.
the outcome of this battle will fundamentally change the in industry structure and product.
while travel by sea is ancient and railways were operational by the early nineteenth century air transportation is relatively new.Balloons and primitive gliders had preceded airplanes as flying machines,but these were lighter-than-air.