1. Aviation Finance
... the history of airlines has been a rocky one. The airline industry has been for the most part profitable for the last sixty years. However a thin profit margin has been a major problem throughout the industry's history. The majority of the airlines are unable to profitably deal with extreme economic events ... larger than average declines in profit compared to higher profit margin industries. This fact can be seen in the annual reports published by the Air Transport Association. In 1978 net profit for the industry was 1,196,537,000. This profit dropped sharply over the next four years to...
- Word Count: 1249
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School