1. Please explain the idea of price discrimination and its application in airline pricing strategy.
2. Ever since 1980s, hub-and-spoke system has been widely used in airline network designing. Please tell us your understanding to the system, including its advantages and disadvantages.
3. Nowadays low-cost carriers (LCCs) occupy more and more market shares in air transport market. More and more new LCCs appeared in the market, as network carriers also established their LCC subsidiaries. There also exist negative remarks about LCCs mode, suggesting excessive price competition and cost reduction may also lower safety standards of LCCs. Please tell us your opinion about this topic.
