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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1695 |
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From the last five years, labor productivity has registered a growth of 56 percent, which is really good. In the year 2006, seat load factor recorded a growth of 76 percent. In the past five years, non fuel unit cost has dropped by 15 percent.
The main air travel market in terms of passenger trips will continue to be in and between North America, Europe and Asia...
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Events at the international level, affects the air travel business directly. For instance, during the first half of the 1990’s, the airline industry suffered a lot because of world recession. The Gulf War also affected the air travel during this time. Profitability of the airline industry is closely related to the economic growth and world trade...
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