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How the economy affects the success of the airline industry. Economic influences that can affect the industry in a negative way.

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This solution talks about the economics of Airline Industry. It explores how the economy affects the airline industry.

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How the economy affects the success of the airline industry.
several examples.
1. With the upswing in business cycles there is an expanded demand for airlines industry services.
2. With the increase in business activity there is greater demand from the business sector for airlines services.
3. With growth of GDP there is growth in demand for airline tickets.
4. With every increase in economic activity there would be an increase in the demand for airlines.

Economic influences that can affect the industry in a negative way
several examples.
1. With a downturn in business cycle there is a higher than proportionate fall in the demand for airlines tickets.
2. With a fall in GDP there will ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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