Johnny Ch Lok

Prediction Factors Influence Airline Fuel Price Changing Reasons - Airline Industry Johnny Ch Lok

(1) The first airline fuel price increasing factor: When, traveller's travelling desire demand numbers will be grown up fastly, then their online electronic-ticket buying or consumption behaviors will be rise. Thus, it will also cause online e-ticket price is decreased to attract many travellers to choose to buy e-ticket from online channel more than paper-ticket visiting travel agent channel. Thus, it has negative fuel cost rising influences to cause fuel price will be rised due to plane flight flying times will increase and airline company will increase demand to buy many fuel to prepare to fly often. When fuel demand will rise, then the fuel sellers will rise fuel price in possible. Thus, airline industry global competition will being negative airline fuel rising to influence fuel price raising up and air ticket price falling down to attract many traveller numbers to choose to buy among different travel agents.1.2Positive change environment factor increases airline entertainment need (2) The second airline fuel price increasing factor: How does positive social change environment factor influence airline entertainment industy. I shall indicate economic growth example. When one country has better economic development in the year. Then, employers will have more effort to do businesses. Then, they will create many jobs to provide to the country citizen to do. When, these unemployed people have jobs to do, they will have extra income to save. They can spend extra to prepare to spend to enjoy their entertainment every year, such as travelling. Thus, the positive social change will influence traveller number increasing, then the plane flying times will also increase, it will cause planes need to use much fuel to fly. The result, it will also increase fuel demand, but the fuel natural resource number will decrease, so fuel supply will also decrease. Finally, it will also cause fuel price to be risen.