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What is the historical significance of the airline industry

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Question 1)what is the historical significance of the airline industry, how has it revolutionized global connectivity, and its role in today's integrated world? Please address the challenges posed by black swan events such as 9/11, volcanic eruptions, and particularly, the COVID-19 pandemic.

Question 2) what is the market structure of the airline industry specifically the US market? Is it monopoly, oligopoly...? Explain with delails please.

Question 3) Calculate the market structure in the US using HHI index ? (you can focus on the state of california if the Data for the whole market is not available? Please provide detail where did you get the numbers and provide calculation with formula?

 

Reference no: EM133512601

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