Airlines: market research reports
Airlines are highly leveraged, and as such they must buy or lease new aircrafts and engines on a regular basis, as well as settle on decisions for their fleet, keeping in mind the goal of meeting market demand while operating a fleet that remains economical for the industry. In order to maintain the services an airline offers, they must handle the associated costs effectively. Labor, IT services and networks, aviation insurance, engines, spare parts, fuel, handling services, training, sales distribution, catering, and equipment are only some examples of the price of operating an airline. Most of the profit an airline turns over from ticket sales is used to pay to keep the airline in business. Airlines are also held accountable for upholding the government regulations that apply to aircrafts. For example, if a passenger boards an international flight without the correct documentation, the airline has to return the passenger to the initial country.