Thursday, November 8, 2012

Journal Topic 13: The Return of the Zeppelin


After seventy years, Zeppelin airships are coming back. However, technologies have improved their qualities. Now they are using helium instead of hydrogen. This airship is one of the three in the world. Therefore the market structure is oligopoly. Few markets compete with each other. Today, people might think that Airship is really unique that they want to try out at least one since there hasn’t been any airship up on the sky for a long time. Also, people’s income has increased over the years, which cause them to willing to pay to ride the Airship. The demand therefore will increase. Other determinants or variables that caused the increase of demand might be that the population increases, price of a substitute rises such as airplanes, the expected future price of an energy bar rises, and etc. Well, I think I might want to try to go on a airship travel once in my life, since it’s a rare thing do it. I think it’s quite expensive to do go on it. However, besides from the cost, I will like to look at the word in a different view. It seems that being inside an Airship is just way too cool. I think it will just be an experience for me. 

No comments:

Post a Comment