There are around 23000 aircrafts being used by these airlines and providing their services to 3700 airports. Airline prices would be higher than they are today due to low competition. market structure of the industry, defined as the identity and number of its participants (be they firms or, more generally, products or product characteristics), as exogenous, and esti- mated the parameters of the demand and supply relationships.1 That is, firms, or products, are assumed to be randomly allocated into markets. From ticket agents to baggage handlers and from flight crew to avionics technicians, the job positions are endless. The following is a detailed hierarchy of an airline company. If there is an airline company being emulated for its success in the industry of civil aviation, it is no other than Southwest Airlines. Airline management in any region should support compliance with federal standards for the industry. Airlines rely on the individual efforts of many individuals working at different positions and levels. The airline industry is responsible for about 11 percent of greenhouse gases emitted by the U.S. transportation sector. I estimate the effects that these events have on prices, both at the firm and market level. Without the Airline Deregulation Act, the U.S. airline industry would be very different. A brief snapshot of the global airline industry suggests that there are 2000 airlines operating globally. structure in the airline industry typically use cross-sectional data or, if multiple time periods are utilized, only a few years. The global structure of the airline industry has been somewhat oligopoly and mainly duopoly in recent few years due to the dominant design and structure of Boeing and Airbus. Also, airline industry is characterized with extremely low profit margin. However, airline industry is also one of the most cyclical as well as volatile industries that’s extremely susceptible to political, economic and social factors. Flight attendants and pilots are in the operational group of an airline. This market structure is considered to be an imperfect competition, where a limited number of airlines dominate the industry. Hierarchical structures at an airline can become increasingly complex as an organization expands. It's also possible for the typical organizational structure to evolve with the changing needs of the industry. Only four or five major airlines would exist in the United States, and only one or two of them would be able to fly to popular international destinations. Easy Air is a major airline competing with other short-haul and long-haul flights which operates in an oligopoly market structure. Besides internal cost factors, airlines’ profitability is also highly correlated to … The corporate history of the firm consistently pegged a growth rate of 10% for the last three decades. ... Airlines follow a corporate structure where each broad area of operations (such as maintenance, flight operations (including flight safety), and passenger service) is supervised by a vice president. By using a longer panel of data, I am able to better track firm entry, exit, and mergers over that time period, and agglomerate them all into a single model.