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example of the impact of the real gross domestic product (GDP) on the airline industry

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Need an explanation and example of the impact of the real gross domestic product (GDP) on the airline industry.

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An example of the impact of the real gross domestic product (GDP) on the airline industry is embedded.

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GDP has an important part to play in the fate of any industry in general and the airline industry in particular. The simplest reason one can think of is that most, if not all, airlines heavily depend on business travellers for their survival. A recession is always preceded by a fall in investment, and lower industrial activity. Thus with the business cutting down investment and new activity they also cut ...

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