Airline Competition
Airline competition refers to the rivalry between airlines to attract customers and gain market share. This competition can take many forms, including price competition, service competition, and route competition. Price competition involves airlines lowering their fares to attract customers, while service competition involves airlines offering better amenities and customer service. Route competition involves airlines competing to offer the most convenient and efficient routes between destinations. Airline competition can be beneficial for consumers, as it can lead to lower prices and better service. However, it can also be challenging for airlines, as they must constantly innovate and improve to stay competitive.
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