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What else can I help you with?
How does inflation affect the airline industry?
Inflation affects the airline industry in a negative ways The increase in the prices does not help the business as the purchasing value of money is usually decreased which causes huge losses to the industry.
Is airline industry a oligopoly or monopolistic?
Oligopolistic
What is de-regulation within the airline industry?
It is a process of removing entry and price restrictions on airlines Industry.
What are some examples of oligopolies in the US?
Auto Industry, Airline Industry, Soft Drink ( Pepsi, Coke, Cadbury-Shweppes )
How much does the airfare to Birmingham cost in economy?
The airfare to Birmingham in economy can vary in costs depending on the airline that one uses. The airfare to Birmingham costs around $1600 in economy.
How do fixed costs and variable costs apply to the airline industry?
Fixed costs: Rent of buildings, lease payments, maintenance of property, insurance, utilities. Variable costs: Fuel, salary of crew, passenger refreshments, costs related to ground handling, etc.
Why did you choose airline industry?
Airline industry has always very different from other industry, in all markets & in all times.
What color for airline in industry?
its Red
What impact do fluctuations in oil prices have on the airline industry?
Fluctuations in oil prices have a significant impact on the airline industry. When oil prices rise, airlines face higher operating costs, leading to increased ticket prices for passengers. Conversely, lower oil prices can result in lower operating costs and potentially lower ticket prices. Overall, oil price fluctuations can affect the profitability and financial stability of airlines.
Federal agency responsible for regulating the airline industry?
The federal agency responsible for regulating the airline industry is the Federal Aviation Administration (FAA)
What does furlough means in the airline industry?
layoff
How does inflation affect the airline industry?
Inflation affects the airline industry in a negative ways The increase in the prices does not help the business as the purchasing value of money is usually decreased which causes huge losses to the industry.
What is the difference between customer and consumer in the airline industry?
In the airline industry the consumer is the one buying a passenger ticket, whereas the customer, besides often the consumer, can also be the one purchasing goods and services for the airline itself.
The service product of the airline industry?
Air Transportation
Is airline industry a oligopoly or monopolistic?
Oligopolistic
What happen If the government deregulates the airline industry?
less
What are some variable costs of running an airline?
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