Jetblue

Crafting and Executing St gaitgy Luz A comas Strayer University Dr. Ojie-Ahamiojie Strategic instruction good deal 599 08/01/2011 Discuss the trends in the U.S. airline drill and how these trends might meet a companys strategy. The trends in the U.S. airline industry that go out affect any given up companies strategies are: stintingal trends In todays interconnected global economy, deeping recession in whiz part of the world can affect consumer and citation line acquire patterns thousands of miles away. Airline industries are much reasonable to economy than early(a) industries. Growing inflation can push appeal higher(prenominal); economic recovery can boost demand. The downturned economy is settle consumers to travel less, forcing airlines to cut capacity and production. The constant rise of ply 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 understand the buying power of consumers (or business customers), companies should analyze buyer income, debt and credit usage. When own(prenominal) income is rising, consumers have more(prenominal) 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 historic period to come (Trends & predictions for 2010, 2009).This translates to the air travel demand will be equal in measure affected. A! irlines have had to retch their costs and customers started to save money and contemplate staycations instead of vacations during the pass or any other season (Thompson, Strickland, & Gamble, 2009). The global economic recession has led to a significant return in air passenger traffic, thus reducing tax income per miles flown, and fostering labor costs. The airline industry has responded to this difficult event by taking...If you want to get a full essay, company it on our website: BestEssayCheap.com

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