Airline Industry Problems and Suggested Solutions Essay -- Business Ma

Airline Industry Problems and Suggested SolutionsThe skyway industry has over the past few months gradually been going into recession. This has been repayable to a number of factors, all affecting the industry in a negative manner at the same time. This has resulted in low boodle and sad performance. The worsen in the industry sharply increased afterwards the terrorist attacks on the United States, increasing the urgency to clearly identify the causes of the problems face and to find any solutions available to overcome them.One of the factors contributing to the poor performance has been the global economic slowdown whose nucleus has not been especial(a) to the airway industry but has extended to many other industries. The effect of this economic slowdown on airlines has been to cause a slowdown in air travel.The terrorist attacks on America have also done a great deal in causing a further decline in air travel, as consumers lose confidence in the airline industry, after fe ars of low security and becoming targets of terrorists.However, airlines have also been paltry from a number internal conflicts. The most important of these has been the recent worst relations they have had with pilots. Pilots of several companies have gone on strikes and endanger further strikes in demand of higher pay. These strikes have resulted in delays for passengers and congestion in airports. Such actions have lead to huge falls in the level of revenue expected by many airline companies....