The Airline Industry.

Paper Summary:

This paper discusses the airline industry, what factors affect it and what the economic environment today. The author points out what the industry can do in the future to increase business. The paper relates that, since 9-11, the airline industry has been affected deeply by security issues independent of the economic indicators because travel was reduced by fear of flying and by the inconvenience of increased security resulting long lines and delays.

From the Paper:

"The airline industry is a service industry and is subject to various economic forces determined by the health of the economy. The airline business carries goods and passengers from one destination to another. Businesses use the airline to deliver goods rapidly, but there are other means of delivery if the expense becomes too great. Passengers travel for business and for pleasure. Business travelers may curtail their travel in times when money is tight, and people traveling for pleasure are even more likely to do so. More recently, the airline industry has been much affected by security issues independent of the economic indicators. Since 9-11, travel has been reduced first by fear of flying and second by inconvenience because of increased security and resulting long lines and delays."

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