⦁ How positive or negative social change can influence any airlines' air ticket prices to be risen or fallen. For airline industry, if the airline firm can predict gloabal economy trend, then it can predict its passenger consumption of choice more easily. Due to we are entering globalization. In Special, airline transportation demands are also increasing, due to many travelers need to catch planes to travel as well as many cargoes need to be carried to planes to transport to different countries to sell. It seems ...
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⦁ How positive or negative social change can influence any airlines' air ticket prices to be risen or fallen. For airline industry, if the airline firm can predict gloabal economy trend, then it can predict its passenger consumption of choice more easily. Due to we are entering globalization. In Special, airline transportation demands are also increasing, due to many travelers need to catch planes to travel as well as many cargoes need to be carried to planes to transport to different countries to sell. It seems aviation transportation industry is important to influence the health of the global economy growth nowadays. However, ignorance of internal or external market dynamics, catching travelers business can be detrimental to airline profitability more than carrying cargoes business. Because the demands of travelling different countries' travelers' consumption are still more than the demands of businessmen carrying cargoes in any countries every year. So, the global GDP of travelling income sector is still have the important position to any country nowadays. How can positive or negative social change influence any airlines' air ticket prices to be risen or fallen? In fact, the increase in petroleum price can have chance to affect airlines in a negative manner because increased oil prices have resulted in the reduction of services operations, the number of airline schedules flights, even airline bankruptcies. Whether inflation, terrorism, oil price, bank interest rate etc. external factors which factor has the most influential to cause the bad effects to cause airline industry share price reducing or reducing air ticket price or decreasing traveler numbers. To support this hypotheses, this are my research questions, such as: Does a combination of terrorism and price of petroleum significantly influence airline profit changing mostly? The alternative hypothesis was whether a significant relationship exists between terrorism, price of petroleum and airline profitability more than other factors, such as inflation, bank interest rate or air ticket price changing of these factors influence. I shall indicate that the first assumption was that terrorism has a negative effect on airline profitability and another assumption was that only external factors as oil prices or terrorism affect airline profitability.
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