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Airline revenue forecasting is very complicated. Which of the following statements most accurately describes the reason for this complexity? Group of answer choices A. Airlines
Airline revenue forecasting is very complicated. Which of the following statements most accurately describes the reason for this complexity? Group of answer choices A. Airlines operate in a highly volatile market influenced by various factors such as fuel prices, geopolitical events, and economic fluctuations B. The demand for air travel is subject to seasonal variations, unpredictable weather conditions, and changes in consumer behavior C. Revenue forecasting for airlines involves forecasting not only passenger ticket sales but also ancillary revenue streams such as baggage fees, in-flight purchases, and loyalty program revenue D. Airline revenue forecasting relies solely on historical data, making it challenging to adapt to changing market conditions and emerging trends
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