Airline Regulation Essay Example | Topics and Well Written Essays - 750 words

Airline Regulation - Essay Example Also, back then, ticket prices did not depend on the time of purchase (Whitaker 7). If a flight was missed for any reason, the ticket is still valid for the next available flight and on any alternate airline flying the same route; all this without any additional cost for the passenger. Reservations too were much simpler – all it took was a phone call. There was enough room to stretch one’s legs and the food was much better that what is being dished up these days (The Economist 67). However, it is through conscious consumer choice - where cheaper prices were preferred to luxurious traveling experience – that the changes came about. Hence, this line of argument for re-regulation is weak and not sound. Much had been said about the reduced prices during the de-regulated period. However, there are some definite costs, though not very conspicuous. The recent plane crash accidents are a good example. The December 1994 crash of American Eagle ATR 72 and the ValuJet McDonnell Douglas DC-10 crash had significantly added to the public unrest. Analysts now generally agree that â€Å"low-cost† is synonymous to â€Å"high-risk†. The airlines industry had promoted the concept of â€Å"low-cost† travel quite successfully, but there is a lot of illusion attached to it. The advertisements don’t reveal the complete reality – minimum seat-pitch, cheap meals, inconvenient scheduling, etc. There is also evidence that security had been compromised on more than a few occasions in the name of cost-saving. In this circumstance, regulative restrictions on the marketing practices of the industry are quite appropriate. The regulations would screen for deceptive or unreali stic claims. It will lead to more factual advertisements that serve the public need for accurate and reliable information. It will also empower the consumer in demanding more stringent security standards, especially in light of the events of September the 11th. (Whitaker 7) An

Qatar Science and Technology Park Outline Example | Topics and Well Written Essays - 750 words

Qatar Science and Technology Park - Outline Example It has recently amended the investment law to draw greater foreign investment into non-energy areas of the economy, including the financial sector, petrochemicals and tourism, and to target foreign acquisition opportunities that could assist this diversification strategy. In early 2010, the new investment law was implemented, opening up a range of new sectors to majority foreign participation. Investment in small and medium-sized enterprises is particularly encouraged. Part of the Qatar’s policy for the next 3 years, the government is expected to maintain high levels of capital spending on education, health and transport. Growth will benefit from high levels of investment in the hydrocarbons sector, but will be dampened by imports needed to develop Qatar’s energy facilities and upgrade its infrastructure. The transition of the country from a carbon economy to a knowledge economy (Qatar Foundation, 2011) has been permanently promoted and encouraged by Qatar Foundation, an organization founded in 1995 by the Ruler of Qatar (HH Sheikh Hamad Bin Khalifa Al Thani), with the purpose to unlock the human capital (Qatar Foundation, 2011), combine the country’s natural resources with the ability to use them at their best by creating knowledgeable and progressive people. For this purpose and in order to follow its vision and mission, Qatar Foundation gives a special attention to the Education and Science & Research areas. It is a purpose to encourage knowledge and study to materialize into new ideas, creating development, growth and recognition. Qatar Science and Technology Park is part of this Science & Research ambitious plan. Located in Qatar Foundation’s Education City, it is operational since 2004 and it is meant to be a world hub for applied research, innovation and entrepreneurship (Qatar Science and Technology Park,