Economics 21

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  CHARACTERISTIC FEATURES OF LOW-COST AIRLINES AND THEIR DEVELOPMENT IN EUROPE

  Air passenger transport is essential for society and economy. This article examines the development of the low-cost carriers market in Europe and the specific characteristics of low-cost airlines, which distinguish these airline operators from the other participants in the aviation market. It also analyzes the serious expansion of this market ... Air passenger transport is essential for society and economy. This article examines the development of the low-cost carriers market in Europe and the specific characteristics of low-cost airlines, which distinguish these airline operators from the other participants in the aviation market. It also analyzes the serious expansion of this market segment in Europe for the period 2005-2013 and formulates recommendations for possible improvement of the business strategy of low-cost airlines.

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  THE ROLE OF CONCESSIONS IN TRANSPORT INFRASTRUCTURE DEVELOPMENT

  In an economic and financial crisis the concession as a business model enables the development and modernization of public state-owned entities. Transport infrastructure in Bulgaria, which is public state-owned, has its important economic and social role. Its status and prospects for development underlie the demand for transport services. The ... In an economic and financial crisis the concession as a business model enables the development and modernization of public state-owned entities. Transport infrastructure in Bulgaria, which is public state-owned, has its important economic and social role. Its status and prospects for development underlie the demand for transport services. The transport infrastructure modernization can be financed depending on the country’s economic development. The limitations imposed on central financing, aiming at transport infrastructure improvement, bring forward the concession as an alternative opportunity for improving transport service quality. The present article examines the role of concessions in transport infrastructure development, determining the economic and social benefits stemming from infrastructure projects’ concessions. Concession is regarded as a successful business formula, combining low risk levels, quality and stringent control over the object of concession.

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  THE SYSTEM

  This article reviews the philosophy of systems thinking and insightfulness as success factors. It also analyses and describes the characteristics of systems in which people are involved. Furthermore, it suggests ideas for establishing the relationship which binds systems thinking to systems analysis and insightfulness and results achieved in the ... This article reviews the philosophy of systems thinking and insightfulness as success factors. It also analyses and describes the characteristics of systems in which people are involved. Furthermore, it suggests ideas for establishing the relationship which binds systems thinking to systems analysis and insightfulness and results achieved in the course of time. The importance of co-active environment for achieving efficient end results is determined, the focus being on establishing corresponding projective behaviour. The advantages and disadvantages of ‘life’ within a system have been identified. Finally, the conclusion has been made that a system creates a sense of security and sets the pace of activities, which are a substantial advantage as opposed to the lack of clearly set obligations and mode of behaviour.