What are some of the strategies used by airlines to offset rising fuel prices
Expert Answer
one of the major threat for airline industry is its fuel prices. there will be many factors reflect on the prices of fuel, inspite of all these the demand for air fuel is increasing. the international factors shows impact the prices increases or decreases over the time by focusing on different factors. the strategies are as follows:
by increasing the ticket fares: when the cost of fuel increases, the airlines can increase the ticket fare and can minimize the loss by increasing their revenues.
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