Analysis Of Airline Industry And Competitive Scenario: A Case Study Of Virgin Airlines And Qantas Airways Essay.

Key Economic Drivers for the Airline IndustryIn 2016, it is expected that the Airline industry will have its most lucrative year in the history of almost $40 billion profit globally. The fuller planes and cheaper oil prices are mainly the driver of profit for the airline industry (Zhang et al., 2016). The International Air Transport Association (IATA) has forecasted that the profits will improve for the fifth consecutive years that indicates i…