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Advantages and disadvantages of current scenario of aveation industry?
Wiki User
∙ 12y ago
Advantages(a) Growth opportunities for pilots, service sectors.(b) More fat salary packets.(c) Everyone can afford to fly.(d) Better international airports are coming up.(This is while the inflation is under control and oil prices remain same...currently its 120US$/barrel; earlier was around US$65-70)
Disadvantages:(As soon as the oil prices increase, inflation rate moves up)(a) All new pilots will find themselves on the road. All new pilots under training will loose all their money spent by them on their training.(b) All big airlines will have to merge with each other to make profits.(c) Air tickets will not be affordable.(d) No new aircrafts will be purchased. As a result, US & European manufacturers will also suffer. It will affect them also.
Everything will be a mess. I pray God that we don't have to see that recession, it would be terrible for everyone. It would be just like a balloon been punctured. Phisssss!9 months ago
Wiki User
∙ 12y ago
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