Explain how the following key factors have effected the development of the aviation industry?

Question

*low cost airlines

*increase no. of domestic airlines

*india's improving economy

Answer 1

Less profit.

Less profit.

Start a low cost airline in India.

Answer 2

I love when people come on here asking people to answer their college questions

Answer 3

I think this the first 2 are a negative impact for most airlines and employees of them,because of the competition that leads to price wars=less profit (even airline cutting corners on important things ie:LAPA argentina). This is a plus for the consumer as price drops and service improves, but this mostly has a negative impact on the development of the aviation industry. With regard to India...This is only a plus for aircraft manufacturers