Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help In rewriting this please in my own words Political : Political instability can affect the business of any airline company. Travelers are not

Need help In rewriting this please in my own words

Political :

Political instability can affect the business of any airline company. Travelers are not interested to

travel to countries that have political instability. The airline may lose customers due to the lack of

security. Local governments may add some strict rules for traveling passengers especially for an

international flight, regulations are strict, which cost the airline more by providing additional amenities.

Economic :

Economic conditions affect the airline industry in general. The cost of raw materials may

increase while the number of passengers may not increase. This will force the airline company to

lower its prices and the airline may experience losses.

Due to the COVID19 pandemic, many countries suspended flights or reduces the number of

flights. It affected the airline and also many countries have experienced financial depression which reduced the number of travelers.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Law questions

Question

What factors influence a countrys international product strategy?

Answered: 1 week ago

Question

List one of the facultys publications in APA style.

Answered: 1 week ago