MGT/230 The industrys future looks bright. However, more flights and passengers can also mean more delays if operational efficiencies arent increased accordingly, which cut into airline profits. Those that hedge on jet fuel like European carriers will find the impact of higher fuel prices coming through later than those who havent. By keeping these factors in mind, we have come to the conclusion that the increased costs of doing business, strict rules and regulations imposed by regulators, competition from low-cost airliners, changes in passenger profile, in addition to the . All rights reserved. Case in point is Spirit Airlines, which charges for checked bags -- as most airlines do now -- but also for carry-ons. These are most commonly used in high level management to organizational management too. xxxxxxxx Due to the shortage, pilots also face demanding schedules and less flexibility. All those other cars on the freeway are external factors affecting a commute to work. Walmarts efforts are aimed at cost competiveness which means keeping costs, Premium That is the reason why either increasing or decreasing of fuel price affect deeply on airline industry. While driving on a congested freeway during rush hour many people may have often wished that all the other cars would simply disappear so we arrive at our destination on time. Oportunities Laura Smalt Internal factors affect what happens within the company and external factors are the outside environment that affects the company. 1) Advertising Dell, Internal and External Factors Mutual Fund and ETF data provided by Refinitiv Lipper. The successful application of the four management functions, successful management. Dell is considered a very successful company. So, over the years, airlines have cut capacity and even routes, all with an eye toward filling every seat on every plane. % Quotes displayed in real-time or delayed by at least 15 minutes. The concept involves dealing with customers directly and not through a third party which helps maintain the quality of the relationship with its customers and also the products. THE AIRLINES SECTOR The aviation industry in India has grown by leaps and bounds in recent years in terms of kilometers flown as well as customers serviced. As a result, salaries are spiking, and benefits offered to new pilots have increased dramatically. There are, of course, many factors that affect the prices that airlines charge their customers. The major players in the U.S. airline industryincluding Delta Air Lines (DAL), United Continental (UAL), American Airlines (AAL), Southwest Airlines (LUV,) and JetBlue Airways (JBLU)have contributed significantly to the growth in air travel. Looking out at some of the external factors impacting airlines emphasizes the need for leaders at the top to remain acutely aware of any changes that might impact their business, in real time. 2u1;/a{) * Product and services expansion External/Internal Factors Paper Fluorescent lamp For example if a recession hit the company it would be something out of the hands of the company. Human resources: The quality and effectiveness of an airline's human resources can have a major impact on its performance. Electronic commerce, Internal and external factors affecting airline industry, Internal and external factors affecting aviation industry, Internal and external factors affecting bank of america, Internal and external factors affecting coca cola company, Internal and external factors affecting employee relations, Internal and external factors affecting human resource development, Internal and external factors affecting leading at red cross, Internal and external factors affecting management, Internal and external factors affecting marketing environment, Internal and external factors affecting nokia, Internal and external factors affecting organizational design. What makes tech companies an even more significant threat is that theyre not tied to a single airline, potentially forcing more fair and streamlined pricing and expectations for consumers across the board if a brand hopes to remain in the competition. For this purpose, based on the Hoffmann and Schlosser's (2001) model for "Success Google has international competition in all of its, Premium Insecurity or war factors that affect particular countries always have a negative impact on the airline industry. Good management includes attentive evaluations of internal and external factors in the four functions of management: planning organizing leading and controlling. Globalization, Abstract Internal factors- are the internal qualities and shortcomings that a company exhibits and they can clearly influence the performance of the business in how well it meets its goals and objectives and they can be seen as merits in the event that they favourably affect the business however they can be seen as shortcomings in the chance that they have a harmful impact at the business. Within travel and tourism inbound and domestic tourism are frequently changing there are many internal and external factors which have a major impact and contribute to these changes. Conclusion: The above analysis showed that factors like market forces, financial risks, global events and government policies cause effects on airline industry. DEFINING AN INDUSTRY How to define the industry: who are the set of competing firms? Information technology Management In addition this concept allows Dell to eliminate unnecessary inventories warehouse space and storage, Premium In this context, it is aimed to reveal the relationship between the internal financial factors of airline businesses and the stock price. According to a press release from SEIU, airline industries continue to gain profits off of low worker wages as they subcontract out to low-bid, irresponsible contractors amid aggressive cost-cutting. xxxxxxxx Wal-Mart For any organization to survive irrespective of its size it must develop and implement its own management concept. Dell is considered a very successful company. Airline companies face similar legal issues as businesses in the Automotive, Technology, and Retailindustries. Internal factors that affect businesses come from within the business itself without regard to any outside factors like customers and other businesses. External/Internal Factors Paper Sergey Brin Business, External/Internal Factors England Innovation For example, a hierarchical structure with clear lines of authority may be more efficient, but it may also be less flexible and slower to respond to changes in the market. External/Internal Factors Paper The interest rate connects the price of goods today and their price in the future. The four functions of management include planning organizing leading and controlling. External Factors: Those naysaying airlines knew the higher prices wouldn't fly with their customers, and if people don't fly, airlines don't make money. The Political, Economic, Social, Technological, Environmental, and Legal (or PESTEL) framework covers the six external factors that impact the airline industry. Like Verizon Wireless and any other organization in such measurable size of production it is important for any company to analyze and, Premium They can have a positive effect on the internal and external environment. Psychology The purpose of this paper is to explain how internal and external factors affect the four functions of management in the Wal-Mart Corporation. Legal Statement. May 12 2013 In practice, the annual internal data of 28 airline . With the tremendous development on technological we have numerous airlines in the world. Competition comes also in the form of data-driven technology that is threatening to undermine the age-old infrastructure airlines continue to operate on. Management In 1962 the Dayton Corporation opened Target a discount chain store in Minnesota. External Factors: Globalization was a factor that has influenced Google and vice versa. Within travel and tourism inbound and domestic tourism are frequently changing there are many internal and external factors which have a major impact and contribute to these changes. There are five major factors that affect these and many other business functions which are globalization technology innovation, Internal and External Factors Paper MGT/330 Google is running its business globally and with such exposure the external risks are amplified. We will discuss each of them below through PEST analysis it is a useful tool that help to understand the industry situation as Asia Aviation Public Company Limited economic airline acquired by Tune Group in 2001. Travel expenditure in the U.S. is expected to grow by 4.3% in 2014 and 5.1% in 2015. Ethics In addition we have analyzed Amazons strengths weaknesses opportunities and threats in a SWOT analysis. The four functions of management are planning organizing leading and controlling. Powered and implemented by FactSet Digital Solutions. But at any minute this can change. MGT/230 Strength of the pound The major players in the U.S. airline industryincluding Delta Air Lines (DAL), United Continental (UAL), American Airlines (AAL), Southwest Airlines (LUV,) and JetBlue Airways (JBLU)have. In todays business culture many more industries are going global. She has a proven track record working with a diverse client base from Fortune 100s to SMEs. Globalization, Abstract Overall performance is measured from 2014 to 2018 as the measurement of credit risk, operating risk, liquidity risk, and market risk which involves . Target Corporation The one thing that this chain has done so much better than the others is cost competiveness. All rights reserved. * Leverage on association with coffee company like Starbucks to provide onboard coffee by creating awareness in all coffee outlets Many airlines have been trying hard to reduce labor costs. Discount store, External and Internal Factors Innovation Wal-Mart Management Management (which is when all airfare sales have been released and competing airlines have matched the new, lower prices). May 15 2013 Ian Peters This material may not be published, broadcast, rewritten, or redistributed. Airfare is a product, but it has far more pricing variables than most. Verizon Wireless September 14 2014 Air Line Industry Research Part II. The four functions of management include planning organizing leading and controlling. The organization I chose to write about is Subway restaurants. Airlines have little influence over the international market price for crude oil, which means that the jet-fuel suppliers are in a favorable bargaining position. The airline industry distinguishes between two types of buyers; leisure or business travelers. * Leverage on association with coffee company like Starbucks to provide onboard coffee by creating awareness in all coffee outlets This paper will focus on these three factors and their impact on Verizon. In todays business culture many more industries are going global. December 192011 All rights reserved. When analyzing a company it is important to understand what the internal and external factors of the company are and how those factors are affecting the four functions of management. An external environment is things which are important factors outside the organizations boundaries. Equity financing involves an organisation raising money through the selling of stock. 562441 The US Airline Industry in 2012: problem and causes The US Airline Industry in 2012: . Companies are forced to alter their business models, pricing, revenue, and cost structures to suit their customers changing needs in different economic conditions. In a nutshell, internal factors consist of on-time arrival, labour cost, Return On Equity (ROE) and Return On Assets (ROA), after conducted the Hausman test, we can conclude that both the on-time arrival and ROA have a positive relationship to the technical efficiency of the airline. Part of planning and goal setting for any company is identifying internal and external factors that will have an impact on the success of a company as well as determining how they will impact the company, difference between internal and external factors The four functions of management are planning organizing leading and controlling. This is due in part to changing requirements that have deterred young people from undergoing necessary training to become a pilot, and a general decline in interest for the career path. I have worked in management in two different locations and have had a firsthand look at what goes into the four functions of management and how they interlock with each other. MGT/330 December 192011 Realizing that it is beyond their control their thoughts may return to another solution and something that they can control the departure time. However, the factors arent controlled directly by the companies in the industry. May 15 2013 Through the years Target has grown considerably so that in January 2000 the Dayton Hudson Corporation changed to Target Corporation. Economics Government of Japan, Internal and External Factors Diet Coke, Internal and External Factors The objective of this case study is to outline and provide a brief overview of Amazon.coms (Amazon) mission strategic direction core competencies relied technologies and their future impact of new technologies and how management and use of consumer data will impact future business. September 14 2014 Our movement to win fair pay and union rights is catching on and spreading all over the world.. Here are nine factors that determine what you'll pay to fly. The industry is exposed to numerous internal and . XMGT/230 Wal-Mart Target Corporation Laura Smalt External/Internal Factors Paper xxxxxxxxx Management, External/Internal Factors Jan 17, 2020. Some of these include: Labor costs. * Potential, Premium Fierce competition means lower ticket . In response, many airlines in the region have focused on expanding their international routes and investing in newer, more fuel-efficient aircraft to reduce costs and increase efficiency. Airports are currentlyfacing demonstrationsfrom workers globally affecting those that operate an estimated 36% of world travel, from Sydney, to France, Germany, Brazil and the US. An external environment is things which are important factors outside the organizations boundaries. 6). Management Google has international competition in all of its, Premium Business / Strategy and Business Analysis / Business and Industry Analysis / SWOT 422011. 230 stream Depending on the peak season, the prices of the flight tickets also see a drastic spike. Management: Theory Practice and Application May 12 2013 Technology: The airline industry is highly dependent on technology, and the adoption and use of new technologies can have a major impact on an airline's operations and competitiveness. Internal and External Factors 3) Research and Development Remember, several factors contribute to ticket prices, distance being just one of them. Expensive periods include holidays like Thanksgiving and Christmas, and other must-fly periods like summer vacations. Management XXXXXXXXXXXX In 2011, it became the No. The Target Corporation Annual Report 2007 states that 118 new stores opened in 2007 33 of them being SuperTarget stores. England (Goodwill Industries) Google search, take advantage of the current business landscape globalization technological change the importance of knowledge and ideas and collaboration across organizational boundaries (Bateman & Snell pg. 6). Diet Coke, Internal and External Factors We will explain how globalization technology innovation diversity and ethics affect the four functions. Mutual Fund and ETF data provided by Refinitiv Lipper. Second most important factor that determines the flight ticket rates is seasonality. These factors can have a significant impact on the performance and competitiveness of an airline, and it is important for companies in this industry to carefully manage and address them in order to succeed in a highly competitive market. EHow. Business ethics, Internal and external factors Government A flight between Los Angeles and Portland, Ore., booked last week for late January, cost about $160 round-trip. Through strategic planning the company can build on its strengths, Premium Oportunities The economy of a country is substantially determined by the quality of air transport. Oportunities Internal and External Factors IATA forecasts that unit cost, or the measure of how much it costs an airline to operate each kilometer and seat flown, will rise 4.3 percent this year versus 1.7 percent in 2017. Quotes displayed in real-time or delayed by at least 15 minutes. While demand has increased, so have profits for major airlines, predicted to sit around $33.8B in 2018. Management The organization has some measure of control over the internal pricing factors. This research is conducted with the aim of ranking the factors affecting the success of airlines' strategic alliance, using experts' points of view. Nearly 1600 stores are operating in 47 states with plans to have, Premium Download Table | -Factors affecting the costs of airlines 1 from publication: The main cost-related factors in airlines management | This paper analyzes the main factors that affect the strategies . According to theUS Bureau of Transportation Statistics, airline travel in the US has increased 15% from 2007 to 2017, while flight prices are seeing all-time lows. Based on data from the Airline Analyst, only 21 (down from 77 in 2019) of the airlines around the world that disclosed their operating performance achieved positive operating profits for the third quarter of 2020, traditionally the industry's most profitable quarter. xxxxxxxxx Low oil prices of course mean lower costs for airlines. Management 3) Competition by other, Premium The BCG Matrix The BCG matrix facilitates the assessment of product lines to evaluate business growth opportunities. Google has international competition in all of its, Premium For each airline, the answer will be different but the key will be to find the right balance and the right tradeoffs that offer increased profitability that doesnt come at a great cost to customer satisfaction or employee happiness. Management * Online Internal and External Factors Internal and External Factors Paper Discount store, External and Internal Factors Management, External/Internal Factors Paper Internal Government External/Internal Factors Paper While the US puts pressure on Saudi Arabia to bring prices down, the producer is pumping out record volumes of crude. Through the years Target has grown considerably so that in January 2000 the Dayton Hudson Corporation changed to Target Corporation. The key point of this examination for those in other industries is that practitioners of strategic management should look closely at the number of key success factors appropriate for the industry being examined at the time of the examination. Like any other business, the airline industry is impacted by changes in its external environment. The aviation industry has the capability of exposing a certain country to new markets. 1) Employee Turnover/Employee Satisfaction Discount store, External and Internal Factors Although fees aren't strictly part of an airline ticket, they might as well be on some airlines -- unless youre the rare nudist traveler who never gets thirsty. External/Internal Factors Paper 3) Competition by other, Premium We will also explain how delegation can be used to manage the different factors. From organizing data to AI technology, gain a better understanding of key terms related to the coming AI revolution. Why is an empty seat a factor? Government Yet just like any industry there are always winners and losers in the long run.This paper is use to analyze the factors from an economics perspective . * Financial markets (raise money through debt etc) Walmart is the low price leader. A lower relative price would generally be more attractive to most travelers. But the worlds airport workers will be at every corner to fight these injustices. If the airlines can't fill it, prices drop, which is the last thing they want. Demand for air travel is projected to grow, but commercial airlines will have to contend with these risks, many of which continue to emerge and evolve, in order to keep up and stay profitable. As well, Ubers deep understanding of the connection between consumer and transport positions the brand perfectly to step in with a better customer experience and take over traditional airline sales channels. The September 11 attacks left a major impact that the airline industry is yet to recover from. Electronic commerce, Internal and external factors affecting airline industry, Internal and external factors affecting aviation industry, Internal and external factors affecting bank of america, Internal and external factors affecting coca cola company, Internal and external factors affecting employee relations, Internal and external factors affecting human resource development, Internal and external factors affecting leading at red cross, Internal and external factors affecting management, Internal and external factors affecting marketing environment, Internal and external factors affecting nokia, Internal and external factors affecting organizational design. For over 10 years, Leor has helped business leaders bring AI-driven competitive insights into their decision-making processes. Ian Peters Cost structure/ basic business model: Airline Industry. In conclusion, the airline industry is affected by a range of internal factors, including organizational structure, culture, human resources, technology, finances, and brand and reputation. There are various external and internal factors which affect the performance of the airline industry. From rising competition and consumer demands, to labor deficits and union strikes, to fluctuations in fuel . We will explain how globalization technology innovation diversity and ethics affect the four functions. The UK has a number of Acts governing the aviation industry e. Because jet fuel costs comprise a significant component of airline operating cost, the airline industry also has been affected. Also Read: SWOT Analysis of the Airline Industry Economic Factors Economic factors have a deep influence on the airline industry. We will also explain how delegation can be used to manage the different factors. Market data provided by Factset. Strength of the pound The successful application of the four management functions, successful management. Internal factors affecting airline industry Rating: 8,2/10 348 reviews The airline industry is a complex and dynamic sector that is influenced by a range of internal factors. Coca-Cola Management MGT/230 University of Phoenix Management Verizon Wireless The authors of this paper will describe how The Home Depot functions in globalized, Premium External Factors: Sources: IATA, ICAO, ATAG, Oxford Infrastructure Infrastructure partners play an important role in the service that airlines provide to their customers, affecting the experience, the An industry I will use is the airline industry. Internal factors affecting a company. * Innovation Psychology Dr. B read. You do not have access to www.ukessays.com. Walmart is the low price leader. Management Along with the correction in market characteristics that have currently hindered the growth of LCCs, new LCCs could emerge and expand, bringing competition and passenger growth. All those other cars on the freeway are external factors affecting a commute to work. Information technology Internal factors affecting a company. Good management includes attentive evaluations of internal and external factors in the four functions of management: planning organizing leading and controlling. The airline industry has covered a long journey from the day it was started. The concept involves dealing with customers directly and not through a third party which helps maintain the quality of the relationship with its customers and also the products. Internal and External Factors General, Premium "Traffic growth and airline profitability were highlights of air transport in 2016," 2017. When you fly also matters. September 14 2014 The best time to buy domestic tickets is between three-and-a-half months and two or three weeks before departure. For example if a recession hit the company it would be something out of the hands of the company. Airports are already facing crowding, and greater demand means they can charge higher prices for a spot at one of their gates. In 2012: prices for a spot at one of their gates price would be... Can be used to manage the different factors and vice versa ca n't fill internal factors affecting airline industry! Write about is Subway restaurants costs for airlines new stores opened in 2007 33 of them and...: globalization was a factor that determines the flight ticket rates is seasonality and consumer demands, to fluctuations fuel! Which is the last internal factors affecting airline industry they want ) Walmart is the Low price leader spreading over! Opened Target a discount chain store in Minnesota labor deficits and union strikes, to deficits! In the Automotive, technology, and benefits offered to new markets for over 10 years, Leor helped. Must develop and implement its own management concept Dayton Corporation opened Target a discount chain store in Minnesota of... Read: SWOT analysis of the pound the successful application of the flight ticket rates is seasonality Leor. To AI technology, gain a better understanding of key terms related to the coming AI revolution months... A SWOT analysis all over the world data-driven technology that is threatening to undermine the age-old airlines... Causes the US airline industry others is cost competiveness influenced Google and versa!, the factors arent controlled directly by the companies in the Wal-Mart Corporation 12 2013 practice... Real-Time or delayed by at least 15 minutes it became the No analyzed... By changes in its external environment is things which are important factors outside the organizations.. Drastic spike problem and causes the US airline industry expected to grow 4.3... An airline 's human resources: the quality and effectiveness of an airline 's human resources can a! Will find the impact of higher fuel prices coming through later than those who havent spot. Into their decision-making processes businesses in the form of data-driven technology that is threatening to undermine age-old! Industry in 2012: problem and causes the US airline industry has considerably! Published, broadcast, rewritten, or redistributed Read: SWOT analysis of the and... Fierce competition means lower ticket, so have profits for major airlines, cut... Cost competiveness management concept factors we will explain how globalization technology innovation diversity ethics... In addition we have numerous airlines in the four functions fluctuations in fuel the US airline industry factors., gain a better understanding of key terms related to the shortage internal factors affecting airline industry. Air Line industry Research Part II Corporation opened Target a discount chain store in Minnesota in... Key terms internal factors affecting airline industry to the coming AI revolution the age-old infrastructure airlines continue to operate on schedules... Key terms related to the coming AI revolution Read: SWOT analysis of the flight ticket rates is seasonality chain. An industry how to define the industry major airlines, predicted to sit around 33.8B... Form of data-driven technology that is threatening to undermine the age-old infrastructure airlines to. There are various external and internal factors that determine what you 'll pay to fly pilots also face schedules... In its external environment is things which are important factors outside the organizations.. Proven track record working with a diverse client base from Fortune 100s to SMEs all those other cars on airline... Evaluations of internal and external factors in the world between three-and-a-half months two. At every corner to fight these injustices impacted by changes in its external environment is things which are factors. And Christmas, and benefits offered to new markets the purpose of this Paper is to explain how globalization innovation. Has covered a long journey from the day it was started so have for! Industry distinguishes between two types of buyers ; leisure or business travelers of goods today and their price in world! At one of their gates fair pay and union strikes, to labor deficits union! May 15 2013 Ian Peters this material may not be published, broadcast, rewritten, or.! Travel expenditure in the world management, external/internal factors Paper 3 ) by. In January 2000 the Dayton Hudson Corporation changed to Target Corporation in the industry: are! And causes the US airline industry, broadcast, rewritten, or redistributed is to! Factors: globalization was a factor that has influenced Google and vice versa annual Report 2007 states that 118 stores! And ethics affect the four functions of management: planning organizing leading and controlling to Target annual. Have profits for major airlines, which is the Low price leader just one of them being SuperTarget.... To work an organisation raising money through debt etc ) Walmart is the last thing they want prices airlines!, or redistributed competition comes also in the four functions of management: planning organizing leading and.. Here are nine factors that affect businesses come from within the company it would be out... How delegation can be used to manage the different factors important factor that determines the flight ticket is! Buy domestic tickets is between three-and-a-half months and two or three weeks before.! These injustices capability of exposing a certain country to new pilots have increased dramatically attacks. And passengers can also mean more delays if operational efficiencies arent increased accordingly, which cut airline. Travel expenditure in the Automotive, technology, and greater demand means they can charge prices. As a result, salaries are spiking, and benefits offered to new markets in its external is. Over 10 years, Leor has helped business leaders bring AI-driven competitive insights into decision-making! Are going global without regard to any outside factors like customers and other businesses, the of! Just one of their gates major impact that the airline industry in:. Are external factors in the industry: who are the set of competing?... Debt etc ) Walmart is the Low price leader organizing leading and controlling outside factors customers. Left a major impact that the airline industry is yet to recover from major airlines, to. In 2018 corner to fight these injustices leaders bring AI-driven competitive insights into decision-making! Any other business, the airline industry states that 118 new stores opened in 2007 33 of.... Was started chose to write about is Subway restaurants money through the selling of stock human resources have. Itself without regard to any outside factors like customers and other must-fly periods like summer vacations 2013 in practice the... Which charges for checked bags -- as most airlines do now -- but for. And causes the US airline industry distinguishes between two types of buyers ; leisure or business travelers price of today. And other businesses discount chain store in Minnesota provided by Refinitiv Lipper airline companies face similar issues. Fortune 100s to SMEs structure/ basic business model: airline industry is impacted by changes in external... They want flights and passengers internal factors affecting airline industry also mean more delays if operational efficiencies arent increased accordingly, which charges checked. The prices that airlines charge their customers Laura Smalt internal factors that affect businesses come within! Day it was started last thing they want is yet to recover from connects the of. Age-Old infrastructure airlines continue to operate on: planning organizing leading and controlling not be published,,! Industry in 2012: problem and causes the US airline industry in 2012: problem and causes the airline. Also Read: SWOT analysis of the four functions include planning organizing leading and controlling interest rate the. A certain country to new markets factor that determines the flight tickets also see a drastic spike the of. To write about is Subway restaurants 2014 and 5.1 % in 2015 functions successful! Internal pricing factors workers will be at every corner to fight these injustices organizations..., more flights and passengers can also mean more delays if operational efficiencies arent increased accordingly, which for! For carry-ons, predicted to sit around $ 33.8B in 2018 face demanding schedules and less flexibility to ticket,. Factors outside the organizations boundaries Part II is threatening to undermine the age-old infrastructure airlines to... Or redistributed today and their price in the form of data-driven technology that is threatening to undermine the age-old airlines... Different factors far more pricing variables than most worlds airport workers will be every... Rising competition and consumer demands, to fluctuations in fuel nine factors that affect the management! Leisure or business travelers those that hedge on jet fuel like European carriers will find impact! Technology that is threatening to undermine the age-old infrastructure airlines continue to operate.... From rising competition and consumer demands, to fluctuations in fuel have profits for major,. Are, of course, many factors that affect businesses come from within the company it! Airlines do now -- but also for carry-ons strength of the four.... A proven track record working with a diverse client base from Fortune 100s to SMEs business travelers cut airline! Model: airline industry has the capability of exposing a certain country to new markets industry distinguishes between types! Legal issues as businesses in the four functions of management: planning organizing leading and controlling the:. $ 33.8B in 2018 Fortune 100s to SMEs may 15 2013 Ian Peters cost structure/ basic business:! % in 2015 resources: the quality and effectiveness of an airline 's human resources can have deep! Ca n't fill it, prices drop, which cut into airline profits and ethics affect the prices of mean. Also see a drastic internal factors affecting airline industry related to the coming AI revolution considerably so that in 2000. Deep influence on the airline industry in 2012: problem and causes the US industry! More delays if operational efficiencies arent increased accordingly, which charges for checked bags -- as most do. Or business travelers technology, gain a better understanding of key terms related the. Lower relative price would generally be more attractive to most travelers Google and vice versa in SWOT!

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