This is significant, because it shows how in the next three years, the airlines are going to face increasing amounts of competition, in a number of different markets. This is because the industry is targeting the same demographics of business and leisure travelers. As a result, the increased amounts of deregulation, will affect the industry in the future, as increased amounts of competition will more than likely mean lower fares. Yet, some of the traditional services that many customers have become use to such as: in flight meals and curbside check in are being eliminated. This is because most airlines are seeking to lower costs as much as possible, in an effort to remain competitive with the low cost carriers and new airlines that have entered the different markets. (Cento, 2009)
Task Environment
Three different specific factors that could be affecting the airline industry in the future would include: fuel...
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