Higher input costs because of the rising price of fuel difficult for the smaller carriers to stay solvent in particular. Although consumers and airlines are unlikely to accept the level of regulation that existed prior to the 1970s, it is likely that the airline industry will have to be more heavily regulated in the future to provide safe, reliable, and efficient transportation to passengers. The structure of the industry has changed, consumers are more concerned about safe transport than before, and the world has changed, politically.

Question

Multinationals can produce at economies of scale, driving down the cost of input and thus prices, an advantage for consumers. They tend to be more economically stable as a source of employment and also for investors. The international markets keep their eyes upon the performance of such mega-corporations, as barometers of economic performance. Also, in a global economy, facilitating relations between nations and...
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