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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 456 |
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Most successful organizations choose to grow over time. Growth for airlines is measured in terms of capacity to grow. In order to grow, an airline must have the adequate funds for growth. Most equity investors are interested in the growth of an airline's equity over time. Furthermore, to be attractive to debt investors, a reasonable debt-to-assets ratio is desirable...
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The airline industry is a complex industry. It involves huge capital requirements for aircraft, observation by government regulations, limitations and state policy, competitive reaction from substitute tourist transport and requires high level of expertise to operate and manage.
In 1993, the U.S. Airline Industry sustained enormous losses...
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