American Airlines

Coming into this project, trying to find a successful company that would be easy to talk about was like trying to find a needle in a haystack. The only thing I knew about business was from my dad who is in the fashion industry, a different type of industry that I am about to bring up. Now that I have a better understanding of what a business truly is involved in an economic standpoint, I …

…when income decreases the rule of demand states that people will go to inferior goods to compensate. The inferior good in this situation would be driving, taking a train, or taking a boat. Once incorporated, the growth potential of AMR is incredible. I feel that in the next year AMR will be ahead of all other airlines in all categories. Once TWA is again established this would increase sales and help expand the Airline Corporation.