Influence of alliances, mergers and takeovers on efficiency of air transport

Abstract

Increasing competition in the air transport market leads to changes in the positioning of companies and to searching for effective means to improve economic efficiency. Effective realization of the transportation process entails considerable expenses, and obtaining financial resources is becoming more and more difficult. In the era of globalization the process of looking for the methods to improve efficiency in the air transport is considerably growing in importance.The article presents the functioning process of strategic alliances, the system of code – share agreements and the significance of the level of the Load Factor coefficient. Possibilities of establishing a new organization by means of a merger or a takeover are also presented.

Keywords

• air transport
• efficiency
• alliances
• mergers
• takeovers