Forecasting the demand for these jobs allows our human resources department to

Forecasting the demand for these jobs allows our

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Forecasting the demand for these jobs allows our human resources department to fill these vacancies and train these employees before they are needed, creating a smooth transition to increased operations.ConclusionEach of Coastline Airline’s core components in forecasting contribute to increased revenue for the company. Forecasting demand and competition allows the airline to maximize its resources, allowing for maximum revenue gains. Economic forecasting and revenue forecasting allow the airline to plan for expansion, ensuring all factors are considered before making the decision. Scott Nason (2007) states, “In the long run, airlines are like manufacturers,supposedly varying supply to create a supply/demand equilibrium that produces just enough profit to cover cost of capital” (Nason, 2007). Coastline Airlines strives to be better, continuing to promote their growth and expand their operations, providing more options for our customers.
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COASTLINE AIRLINES4ReferencesCox, J. (2018). Ask the captain: How airlines maximize revenue with each plane. USA Today. Retrieved from -revenue/514633002/Nason, S. (2007). Forecasting the future of airline revenue management. Journal of Revenue and Pricing Management, 6(1), 64-66. doi:. edu/10.1057/palgrave.rpm.5160058
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  • Fall '16
  • Kelly Lawton
  • Low-cost carrier, airline strategic planning, Coastline Airlines, mission statement of Coastline Airlines

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