Answered step by step
Verified Expert Solution
Question
1 Approved Answer
try to find solutions for this problem based on revenue management Covid-19 Like other airlines, fly Dubai has faced a significant decrease in revenue due
try to find solutions for this problem based on revenue management
Covid-19 Like other airlines, fly Dubai has faced a significant decrease in revenue due to the Corona virus crisis. At the beginning of the Corona virus crisis, the number of travelers decreased, and some canceled their flight reservations because of their fear of travel, and this in itself had a significant impact on revenue, as revenues were very clearly reduced. Then, shortly after that, the government of the Sultanate of Oman prevented travel and closed the air ports, as all flights stopped, and this halt led to the company losing its profits in a clear and tangible way. Moreover, in light of the Corona virus crisis, the company's losses were not only financial, but it was forced to lay off a number of employees working behind the plane, as the company owned a number of employees of 200 workers behind each plane, and after that it had to lay off more than half of the number, where the remaining number now is78 workers behind every plane. And the number of employees during this period is still 78 behind each plane, including engineers, cabin crew, technicians ground officiants and others. Covid-19 Like other airlines, fly Dubai has faced a significant decrease in revenue due to the Corona virus crisis. At the beginning of the Corona virus crisis, the number of travelers decreased, and some canceled their flight reservations because of their fear of travel, and this in itself had a significant impact on revenue, as revenues were very clearly reduced. Then, shortly after that, the government of the Sultanate of Oman prevented travel and closed the air ports, as all flights stopped, and this halt led to the company losing its profits in a clear and tangible way. Moreover, in light of the Corona virus crisis, the company's losses were not only financial, but it was forced to lay off a number of employees working behind the plane, as the company owned a number of employees of 200 workers behind each plane, and after that it had to lay off more than half of the number, where the remaining number now is78 workers behind every plane. And the number of employees during this period is still 78 behind each plane, including engineers, cabin crew, technicians ground officiants and others Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started