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The purpose of this paper is to give an overview of the airline industry from different perspectives. The airline industry is the most international business that exists. There are a multitude of variables to be considered affecting the airline industry and carrier profitability, which will be discussed in this paper.
Consequently it will be necessary to evaluate, determine and explain, what potential negative externalities and market factors influence shifts in price elasticity of supply and demand as they ultimately affect profitability and the health of the industry as a whole and that of individual carriers as well. An assessment of related market factors will be necessary in order to determine the impact of these influences on such areas as existing wage disparities or inequalities. Also, of importance are some additional considerations relative to this industry. For example, how do monetary or fiscal policies negatively or positively affect the industry.......

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Approximate Word Count: 3209
Approximate Pages: 13 (250 words per double-spaced page)

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