Ecosystem concept of the aviation industry

Authors

  • Yurii Hrinchenko Odessa National University named by I.I. Mechnikov

DOI:

https://doi.org/10.35774/visnyk2020.01.046

Keywords:

ecosystem, aviation industry, tourism, insurance, aircraft manufacturing

Abstract

Annotation. Introduction. Industry’s development is an actual focus point for regulators and researchers. Certain preconditions for the development are related to the growing influence of digitalization on industry relations and informational support. Client-oriented approach becomes dominant in shaping relations inside and outside the industry. The goal of the article is to develop a concept of the aviation industry ecosystem by creating an algorithm for involvement of its agents and identification of stages to build the process of common efforts to develop the industry. The research relies on the following methods: data search, structural, cause and effect and system analysis.

 Results. The development of the aviation industry occurs under conditions of tight relationships with related industries, so it has a profound effect on their development too. The central point of this area is an airport, which directly cooperates with aircraft carriers operating under competing business-models of network or low-cost flights, but also is deeply integrated into local economic system as an important part of transport infrastructure. Formation of a common area for development, which is to stimulate the demand in aviation and related industries, notably the tourism, is underway with increasing speed, as liberlization of aviation transportation. So the governmental regulation shall use the specific approaches for the new situation. The aviation industry ecosystem regards a consumer on several stages of the travel process: inspiration for a trip, reservations of tickets, hotel and other services, preparation for a trip, airport experience, flight experience, arrival experience, destination experience and post-trip experience. The article defines which agents are responsible for the successful completion of every stage.

 The prospects for further research. The prospects for further research may apply the development of an economic-mathematical model for government regulation of the aviation industry under the perspective of its ecosystem development.

References

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Published

2020-03-05

Issue

Section

NATIONAL AND REGIONAL ECONOMY

How to Cite

Hrinchenko, Yurii. “Ecosystem Concept of the Aviation Industry”. Herald of Economics, no. 1(95), Mar. 2020, pp. 46-57, https://doi.org/10.35774/visnyk2020.01.046.

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