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Question 1: Read the articles (i) Cost structure of the airline industry in general (ii) Cost structure of a low-cost carrier (Air Asia India) Answer

Question 1:

Read the articles (i) Cost structure of the airline industry in general

(ii) Cost structure of a low-cost carrier (Air Asia India)

Answer this question: Compare and contrast the cost structure of (i) the airline industry in general and (ii) the low-cost carrier, in terms of cost classifications.

Question 2:

Discuss the impact of Covid-19 on the profitability of the airline industry general and low-cost carriers alike, due to its cost structure cost classification and cost behaviour.

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