Jetblue

Crafting and Executing St stridegy Luz A comas Strayer University Dr. Ojie-Ahamiojie Strategic guidance good deal 599 08/01/2011 Discuss the trends in the U.S. airline application program and how these trends might meet a companys strategy. The trends in the U.S. airline industry that lead affect any tending(p) companies strategies are: stintingal trends In todays interconnected spheric economy, deeping recession in whiz part of the world can affect consumer and address line acquire patterns thousands of miles away. Airline industries are much bare-ass to economy than early(a) industries. Growing inflation can push personify higher(prenominal); economic recovery can boost demand. The downturned economy is spend a penny consumers to travel less, forcing airlines to cut capacity and production. The constant rise of summate and oil cost to fuel the airplanes has caused airlines to fill in up with strategies to pick out these costs (Martin, 201 0). To better understand the acquire 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 age to come (Trends & predictions for 2010, 2009).This translates to the air tr avel demand will be equal in measure affecte! d. Airlines have had to evoke 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 abate in air passenger traffic, thus reducing tax per miles flown, and fostering labor costs. The airline industry has responded to this difficult office by taking...If you want to get a full essay, tack it on our website: BestEssayCheap.com

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