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Global Changes in Airline Industry

   

Added on  2021-01-02

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Business Environment
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Table of ContentsINTRODUCTION...........................................................................................................................1Recent changes in Airline industry.............................................................................................1CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................5
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INTRODUCTIONOrganisations in today's world are facing a lot of challenges due to various changes in theglobal business environment. The present report is in context to British airways, it is UK's largestintercontinental airline. The report will identify various changes in global environment thatinfluenced the company along with the drivers of change in the airline industry. The study willalso include the ways in which the British airways managed those changes to achieve success inthe business. Recent changes in Airline industryThere are various changes in the global business environment which are affecting Britishairways and its business operations in the airline industry. These environment factors can bedescribed using Pest analysis. 1.Political factors – The unstable political global environment highly influenced Britishairways, in recent years the political environment in the UK was not at all stable due tocoalition government and major reduction in the spending for increasing saving anddecreasing the national debt (Williams, 2017). It affected the expansion plan of the1Illustration 1: British airways
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