TRL3703 ASSIGNMENT % pass Due date 06 November 2023

TRL3703 ASSIGNMENT % PASS Assignment questions Section A 1. Discuss the socio-economic characteristics of air travel. (5) 2. Provide a detailed explanation of the relationship between price and demand for air travel. (5) 3. Low cost airlines have much lower costs in a number of areas than established airlines. Explain in full what these areas are. (10) 4. Provide a detailed explanation of the differences between cost and demand pricing strategies. (10) 5. Explain in full the development of vertical integration in the context of the charter airline industry, giving examples to support your answer (10) Subtotal: 40 Section B The Fourth Industrial Revolution is characterised by the integration of digital technologies, artificial intelligence, automation, and data analytics into various aspects of society and industry. 1. Discuss the three primary categories of self-service check-in facilities available at airports today. (15) 2. What role does the Internet of Things (IoT) play in enhancing safety and efficiency in aviation, and what are the difficulties associated with its implementation?