The U.S. commercial airline industry is one of the most diverse, dynamic and perplexing in the world. It is fast-evolving, labour intensive, capital intensive, hyper-competitive and highly susceptible to the ebb and flow of business cycles as well as being among the most regulated of deregulated businesses.
The Airline Data Project (ADP) was established by the MIT Global Airline Industry Program to better understand the opportunities, risks and challenges facing this vital industry. The data has to be analysed to present a view of the industry and its important trends, as well as to identify fundamental drivers of success - and in some cases, the early signs of potential failure.
Reference : http://web.mit.edu/airlinedata/www/Resources.html
Please refer AirlineDataAnalysis_Answers.doc
