Question
Use the following to solve the next question: Revenue ('000s of dollars) Remote Flight Operators 2015 2016 2017 2018 2019 Puddle Jumpers 185 190 195
Use the following to solve the next question:
| Revenue ('000s of dollars) | ||||
Remote Flight Operators | 2015 | 2016 | 2017 | 2018 | 2019 |
Puddle Jumpers | 185 | 190 | 195 | 210 | 135 |
Fly by Night | 160 | 160 | 180 | 200 | 160 |
Pontoon Paradise | 130 | 125 | 115 | 110 | 111 |
Mosquito Air | 100 | 96 | 93 | 91 | 99 |
Short-Haul Shuttles | 98 | 93 | 93 | 90 | 100 |
Others | -- | -- | -- | -- | 97 |
Total Market Revenue | 673 | 664 | 676 | 701 | 702 |
There is a small market for people wishing to get to remote locations. They use small airlines with capabilities of landing in a variety of locations to get there. Using the table above, which range does Pontoon Paradises relative market share fall into, in 2019.
a.
61%-70%
b.
51%-60%
c.
31%-40%
d.
4%-13%
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