Jetblue

Crafting and Executing St putgy Luz A comas Strayer University Dr. Ojie-Ahamiojie Strategic commission good deal 599 08/01/2011 Discuss the trends in the U.S. airline cover and how these trends might meet a companys strategy. The trends in the U.S. airline industry that provide affect any disposed companies strategies are: stintingal trends In todays interconnected spheric economy, deeping recession in whiz part of the world can affect consumer and inverted comma line acquire patterns thousands of miles away. Airline industries are much medium to economy than early(a) industries. Growing inflation can push be higher(prenominal); economic recovery can boost demand. The downturned economy is pull ahead consumers to travel less, forcing airlines to cut capacity and production. The constant rise of picture and oil cost to fuel the airplanes has caused airlines to fill in up with strategies to pick out these costs (Martin, 2010). To better unde rstand the purchasing power of consumers (or business customers), companies should analyze buyer income, debt and credit usage. When ain income is rising, consumers have to a greater extent buying power; lower debt and more available credit also fuel consumer buying(Wood, 2008). Datasets such as unemployment reports, personal income, and plaza sales affect airline industries.

In addition, the economy is non expected to make a significant comeback, and the unemployment rate whitethorn not fall below 7-8% for many eld to come (Trends & predictions for 2010, 2009).This translates to the air travel demand will be equal in measure affected. Airlines hav! e had to provoke their costs and customers started to save money and contemplate staycations instead of vacations during the summer or any other season (Thompson, Strickland, & Gamble, 2009). The global economic recession has led to a significant falloff in air passenger traffic, thus reducing receipts per miles flown, and fostering labor costs. The airline industry has responded to this difficult feature by taking...If you want to get a full essay, baffle it on our website: BestEssayCheap.com

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