How the Airline Business’s Passenger Side Has Performed in the Last 20 Years

Analyze the information showing how the airline business’s passenger side has performed over the last 20 years.

For this report, you will need to begin by introducing the reader to the fact that the airline industry can broadly be split into two markets: passenger and cargo, with sub-markets below. Has there been steady growth? Has there been volatility? Discuss it, and bring examples from actual airlines that were affected by that. For instance, the global financial crisis in 2008 and what were the airlines ceased operations. Bring in four examples of strategies that airlines have used in the last 20 years in order to survive, grow, and become profitable.