The industry impacts and is impacted by social forces. The majority of population is Hindu but there are Muslims and Sikhs are also in great number. The air pollution has affected the public health and their living conditions, and it caused air pollution, planning permissions, waste disposal, environment pressure groups and noise control.
The social perception of air travel has changed. Meet specialized writers by visiting our blog. The effect of ecological factors on the airlines industry might be higher than most industries. The elections are conducted at the end of the tenure of any government, so there is no political turmoil among the political parties.
Not just this, the number of pilots needed in next 20 years exceedsThis provides opportunities as well as challenges. The mutually beneficial relationship between the airlines industry and the society should be seen in this context.
Legal Factors Indian government has made many legal changes and introduced disability discrimination legislation and has increased the minimum wage. However, the situation is not the same in all the markets.
To keep all costs in check, the company has further pushed its online or internet services. This is because its staff embraces cultural diversity making it easier for the company to thrive in Thai Malaysian border and in Indonesia. The recession did not just influence the profits; but also employment.
Whether it is air traffic or passenger safety, the role of technology is critical. Since the s, it was the recent downturn that hurt the airlines industry most deeply. Even the airlines industry was deeply affected. The government is making timely decision for investment and business policies for the foreign product manufacturers, executives, investors, and material suppliers.
Industrial regulation in a harmonized manner profits the entire world. Apart from the recession, the Asian and European economies have been affected by other harsh and mild economic declines too. Air transport provides several important benefits both socially and economically.
There are several industries that profit from the airlines industry. The country has large population and it is concentrating on its education and IT development and it is growing its business in different sectors.
Economic factors are a major influence on the airlines industry. Overall, the impact has been positive.
This is worsened by the fact that the airline market is regulated by bilateral air rights agreements. The government regulations address concerns like safety, passenger security, and several other issues.
The country has massive natural resources of iron ore, coal, mica, titanium, manganese ore, and chromites. Both travelers and the industry were forced to adopt cost cutting measures. AirAsia also operates in countries wide diverse cultural aspects and languages.
Still, the industry has continued to perform relatively well. Economical Factors The economic situation of the country is strong and it includes taxation changes, interest rates, inflation, economic growth, and exchange rates.
PEST analysis for airline industry highlights 4 important factors that have affected the viability and profitability of the global airline industry badly. Description: It explains about Industry Trends aviation industry, PEST Analysis of aviation Industry. It also includes Competitor Analysis, SWOT analysis, Company Description, General Information about air india, it's Finance performance, SWOT analysis and Various Strategies employed.
Chapter+2 - Download as Powerpoint Presentation .ppt /.pptx), PDF File .pdf), Text File .txt) or view presentation slides online. Aviation in India (Rev Ppt 2) - Free download as Powerpoint Presentation .ppt), PDF File .pdf), Text File .txt) or view presentation slides online.
Current Aviation Industry Scenario of. PEST Analysis: The Indian Airline Industry A PEST analysis is an analysis of the external macro-environment that affects all firms.
P.E.S.T. is an acronym for the Political, Economic, Social, and Technological factors of the external macro-environment. Featured snippets in search. When a user asks a question in Google Search, we might show a search result in a special featured snippet block at the top of the search results page.
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Pest analysis of airindia