Economies Of Scale, Mergers And Hub-and-Spoke Networking System In Airline Industry Essay.

Economies of Scale in the Airline IndustryDiscuss about the Indicators of socio-spatial transport disadvantage.
Economies of scale arises when increasing size scale of production is associated with a declining unit cost of production.  It implies a falling average cost in the long-run.  In the airline industry if economies of scale exist, implying the average cost of airline decreases with increase in the output level then the…