Prediction Airline Oil Price Variable Behavior (Paperback) | Released: 15 Sep 2019

Chapter 2Can airline fuel self-organization avoidfuel price rising costI feel one airline fuel self-organization can avoid fuel price rising to influence cost rising because it doesn't often buy any fuel from fuel suppliers. However, there are some airlines which are the characteristic of airline fuel self organization and they are present in that both of oil fuel production and providing flights service in airline industry. So, these airline fuel self organizations can control the oil fuel price by themselves. However, one airline fuel self organization is also evident in efforts by businesses acts of terrorism against economic targets by adopting proactive steps, such as airline and airport security. So, it seems airline fuel self organization can reduce the risk to avoid oil price raising and terrorism attacks to raise cost in airline industry risk management sector. Beside, these airline fuel self organizations which have high technology of fuel efficient aircrafts, the use of one aircraft model, the adoption of direct routes versus customer loyalty programs and other operational cost reductions are strategies for increased profitability. It seems these airline fuel self organizations can solve oil price, terrorism etc. external factor influences to raise cost. Instead of high technology of fuel efficient aircrafts and airline fuel self organization methods can solve terrorism attacks and oil price rising risks. However, I believe that there are other risks are caused to these airline fuel self organizations to raise their airline cost possibly. The risks include such as user factor, such as culture, tradition, education; economic factor, such as costs, human resources and macro economic factor, such as political stability, economic development, educational policy, health policy, environmental policy. However, these risks occurrences are resulting in the relationship of cause and effect events. These events are not directly observable. Such as, the complexity of relationship between terrorism and airline profitability. Hence, if global airline industry can predict when those risks occur to do protective strategic behavior. It is possible that which can understand when these risk events will occur and to adopt their protective strategic behaviors to influence their outcomes to be positive to avoid any external risk threats on the long term. However, I think hierarchy, airlines fuel self organization efficiency methods which are as possible predictors of user preferences to avoid risk threat events to cause whose airline businesses cost rising to cause failure occurrences in airline industry.