Monday, October 8, 2007

Plane Wreck- Question # 4- Kyle Toelken

I think that the Airline industry has a long way to go in the terms of profitability. Every company is in business to make money, but some companies take longer to do so than others. The airline industry has to start looking at their options in what they have and also what they are about. Airlines, I think have to start cutting employees and start making their star players work harder in many areas. If you cut the amount of money you spend, then your profitability will began to rise. Airlines have to start looking at their competitors to determine if there are too many of them. Maybe they will have to start merging companies to survive in the long run. If airlines merge, then they can cut costs for the individual to use that particular airline service. Profitability is always going to be their in the airline industry. People have to fly and they will to start paying whatever the price is to get there.

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