FINANCIAL ACCOUNTING
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ISBN: 9781259964947
Author: Libby
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2021 will be the year with fewer restrictions on airline industry. Vaccination has caused glimpse of hope for tourism industry to stay alert. Seems like airline industry has gained their ground back from the government and trying to fill for the cumulated losses they faced during the pandemic. We have seen more number of international flights, either essential or nonessential, arriving at the airports and potentially become a threat. And we still witness hesitation from the governments when dealing with international travellers. What would be your stand in this balance of power between the federal government and the airline industries thriving for profit. Bring three major grounds for your reasoning considering the following factors: airlines are not necessarily private corporations, federal government is responsible for the health of the citizens and residents, federal government is responsible to provide fair competition ground for the corporations to compete, and there is no clear distinction between essential and non essential travel yet.
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