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American Airlines: Discuss two trends (demographic, economic, technological, global, etc.) in the industry.

American Airlines:

Discuss two trends (demographic, economic, technological, global, etc.) in the industry.

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Answer #1

Economic trend: The demand for air travel is rising gradually and it is forcing airlines to think about increasing capacity and increase market share and revenue. Depending on the current trends, the operating margin of the US airlines is between 5 to 6 percent. Furthermore, it is important to mention that the prices of Jet fuel are the second biggest areas of expense.

Technological trend: Adoption of artificial intelligence is expected to rise by 2.2 billion USD and the adoption is highly taking shape. The most common are the chatbots that are highly solving passenger queries and the highly becoming sophisticated.

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