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1 pages/≈275 words
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-1
Style:
Harvard
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.86
Topic:
Airline Operations
Essay Instructions:
Time is a factor!
NO References are required.
Market Demand – Essential for the economic survival of any Airline is the existence of a demand for its products and services.
In post COVID 19, you are tasked to come up with a plan to restart your airline and want to find out whether the markets still exist for your product.
1. What data is relevant for the respective analysis and why? Please name and describe at least 3.
2. Which sources would you use? Please name at least 3.
Essay Sample Content Preview:
Airline Operations Questions
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Airline Operations Questions
In post-Covid-19, the airline should consider data on nonprice demand determinants within the air travel market to determine whether customers can purchase their services. Data on nonprice determinants of demand for airline services could have changed during the Covid-19 pandemic, making the demand curve shift to a new position to the left or right of its initial position. The three types of nonprice market demand data to be collected include (a) the passengers’ preferences, (b) the number of potential passengers within the specific market, and the income levels and financial status of the prospective passengers. A shift in passengers’ preferences unfavorable to the airline could imply less ticket demand at respective prices over a given timescale, shifting the demand curve to the le...
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