Since the September 11th attacks on the World Trade Centre in 2001 airlines around the world have struggled to remain profitable. The following factors have impacted the industry since 2001:
(a) the SARS outbreak in 2003
(b) the Bali bombings in 2002 & 2005
(c) the global recession
(d) more stringent security requirements
(e) higher fuel costs
Use demand and supply analysis to explain the impact of these factors on the Australian carrier, Qantas. Determine whether prices and output in terms of international flights will have increased or decreased.

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The Answer of Since the September 11th attacks on the World Trade Centre in 2001 airlines around the world have struggled to remain profitable. The following factors have impacted the industry since 2001:
(a) the SARS outbreak in 2003
(b) the Bali bombings in 2002 & 2005
(c) the global recession
(d) more stringent security requirements
(e) higher fuel costs
Use demand and supply analysis to explain the impact of these factors on the Australian carrier, Qantas. Determine whether prices and output in terms of international flights will have increased or decreased.

Since the September 11th Attacks on the World Trade Centre