Author Question: Why do people continue to invest in new airlines? What will be an ideal response? (Read 50 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557

Question 1

Differentiate between the roles played by Sectur and FONATUR.
 
  What will be an ideal response?

Question 2

Why do people continue to invest in new airlines?
 
  What will be an ideal response?



Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354

Answer 1

Sectur is charged with carrying out tourism promotion strategies nationwide and abroad. FONATUR is in charge of planning and developing large tourism projects represented by Cancun, Los Cabos, Ixtapa, etc.

Answer 2

There is no answer for this other than the fact that many people in and out of the travel industry still have a sense of romance about the early days of air travel when it was new, exciting, and conveyed a sense of adventure. Those attracted to the idea of starting a new carrier come in all shapes and sizesexecutives given golden parachutes at airlines that have merged or are down-sizing, venture capitalists who otherwise follow hard and fast rules when they look at potential projects in other industries but relax these standards when presented with a plan for a new airline, and dreamers who think they have a better idea that the marketplace will accept but fail to do market research to determine if anyone would support their ideas. Most plans for start-up carriers I have reviewed have little chance for success, but the people behind these ideas don't want reality to intrude on their dreams. More new carriers will continue to be proposed in the future, and the vast majority will either never get born or will fail within a couple of years after launch because the enthusiasm of the founders and investors will override consideration of hard facts. But the topic is an interesting one for students to discuss.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library