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Airline Industry Analysis.
A.) Basic description of Industry Industries such as the US airlines are a very valuable and are used throughout the world as an easier way of transportation. Some would call this industry an oligopoly. The airline industry is classified by the government and is based on the amount of revenue that is generated from operations. This type of industry is categorized in 4 different sections: major, regional, national, and cargo carriers. All of these categories have
have changed where the part has become very expensive. Since 9/11 many people have been worried of the safety of flying. This has become a huge threat to the airline industry. Alternative modes of transportation have become a favorite to a larger population of travelers. Such as, Busses, rental cars, cruise ship, or taking a road trip in their own car. Although the percentage of airline passengers has slowly increased the feeling of insecurity still exists.
