SLEPTEC ANALYSIS - AIRLINE INDUSTRY

All industries are influenced by SLEPTEC factors. For example, some of the SLEPTEC factors affecting the airline industry in recent years include:

Social: increased popularity of foreign travel leading to a boom in demand for air travel. However, this has been adversely affected by international terrorism.

Legal: there are increasingly tight rules about the materials that need to go into aircraft construction in order to make them safer and more resistant to fire hazards. This has had the impact of raising costs.

Economic: lower interest rates have meant that people have more disposable income to spend on luxuries like long distance air travel.

Political: the development of freedom of movement and trade in the European Union has led to greater levels of competition on European routes coupled with increased movement of people.

Technological: modern aircraft are safer and more economic to run than in the past making possible cheap......

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Title: Sleptec Analysis - Airline Industry
Approximate Word Count: 315
Approximate Pages: 2 (250 words per double-spaced page)

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