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The airline market, as huge as it can be, is one of the top most lucrative but vulnerable business sectors trait within the whole world.
To support the profitability of the market, a recent used York Stock Exchange report in April of 2007 announced that six carrier corporations managed
to obtain into top week returners, with Air France KLM topping at 99.2%. The rest of the airline entries are China Eastern, British Airways, China South,
US airways, and AMR Corporation. This is an attractive record, even though the airline market's history of slow performance highlight within the stock
market. Yet, investors are still hesitant to put their money because of the many challenges that the market faces. Coming up with a wise decision entails
proper performance management and, sure, the apt use of airline metrics. one of the top fiercest challenges the market faces is the unpredictable weather.
In 2006, the US Department of Transportation reports that over twenty-two
million minutes were wasted due to flight delays. The record breaking report can be translated to more than 42 years of flight delays. According to the
Department of Transportation, this large figure was caused by twenty two percent of the flights in that year. Moreover, less than twenty percent of
accumulated delays were only recorded in 2005. As alarming as it can seem, only 1972 complains were received in 2006 against the 9235 that were received
ighlight within the year 2000. The main cause of flight delays is, absolutely, weather.