Question
Please help me in making a report regarding airline industry. Report should include an executive summary, an introduction, a body, and a conclusion. also make
Please help me in making a report regarding airline industry. Report should include an executive summary, an introduction, a body, and a conclusion. also make sure that report is referenced correctly, and all diagrams labelled. In conclusion make a recommendation back to government in whether they should help certain players in the industry and why?
First of all, make a analysis and evaluate the market structure, and determine whether the current market is concentrated or not. In discussion use economic tools to make this decision.
Secondly, report, with the event of Covid-19, is there any possibility for virgin Australia to fold. Assume market share will be taken up by QUANTAS, calculate new HHI for the industry. What will happen to air ticket prices? Explain and justify with relevant economic concepts.
Thirdly, number of states including NSW, Australia, are expected to help bail out Virgin Australia. Is this good for the industry? Do you think it will be good for QUANTAS?
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