Airline Industry Summary

Airline Industry Axia College of University of Phoenix March 06, 2009 Airline Industry The flight path industriousness has some(prenominal) factors that demand it which include the pecuniary and monetary policies, price elasticity, and salary inequality. All of these factors have a role in how the airline industry operates. Supply and demand too can affect the airline industry. After the September attacks the airline industry has suffered because batch no longer trusted the airline to be safe. mess stopped traveling by plane causing the airline industry to lose business even go bankrupt. Inflation, can prices, increasing interest rates, and oil demand have also affected the industry since they rely on fuel and a more steady economy to run their business. Airlines compete more for business because the economy is in a downfall, so they reduce f ars to attract customers and add services at lower be to lure people into using their airlines. The monetary policy is eventful within the airline industry. It is used to regulate the bills give and interest rate in order to have an loading on the economy. The goal of this is to make economic activities even with the objectives of politics.

The bank building of Canada and the Federal Reserve of the United States, appointed by the government, enforce the monetary policy. The fiscal policy is also used by the government. It is a policy that was made on the amount of money spent by the government to obtain goods and services and how the expenditures are financed. When the September attack happened there was a steep make up in the demand for the airline industry. The impact of the monetary and fiscal policies of the airlines was also affected after the attacks. The employees of this industry experienced layoffs that were massive on the national scale. The decrease in the industry also resulted in declines in several former(a) industries like other transportation industries. The steep decline in the airline industry was very... If you want to get a full essay, order it on our website: Ordercustompaper.com

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