Read the case starting on page 279 in your book entitled, “Flying the Competitive Skies: U.S. Airline Industry,” and respond to the following questions.
How do the economy, politics, and social factors affect the airline industry compared to other modes of transportation?
What is the financial position of the companies in the airline industry, including the impact on airline suppliers (lessors), manufacturers, and unions?
Describe the importance of the airline industry to the travel industry and economic development.
What are the powers of the buyer and supplier in the airline industry?
Your response should be a minimum of three pages in length. Reference at least one outside source (not including the textbook). All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines.
