Space Tourism and the Airline Industry

| Total Words: 1099

People always had the dream to reach for the sky, to fly like birds do. Since the dawn of time, there were many plans and efforts implemented in order to achieve this. However, it wasn’t until 1903, with the Wright brothers, that man finally succeeded into reaching for the sky, and flying. Ever since, flight developed rapidly, taking huge steps at small amounts of time, until its present form, today.Nowadays there are hundreds of airlines in the world, specialising in different segments of the market, a big part of them into carrying passengers and cargo. The passenger-carrying sector has seen a large increase over the past 30-40 years increasing in volumes that no one could imagine. However over the last decade or so, the airline sector seems to be stagnant.

Airlines increase their fleets, but with airplanes that are either existent models or modifications in older ones. Traffic volumes increase rapidly and there seems to be a shortage of facilities to cater for this increase. Ticket prices remain stagnant if not decreasing in small volumes, whereas maintenance costs remain high if not increasing. There are only a few new destinations and people seem to get fed up...

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