Air transport started in the 1920s. However, it was limited to the airmail routes of European nations. The PESTEL analysis of the Airline industry can give an idea about how multiple external factors like politics, economy, sociology, technology, ecology, and law can affect the business of an airline company. Most of the countries have multiple operating airline companies, which makes it a highly competitive market. Though the number of passengers has increased over the years, most airline companies failed to see a surge in their revenue. Many external factors contributed to this situation. The PESTEL analysis of the airline companies can show how the external factors have affected them. Use EdrawMax Online to create a PESTEL analysis diagram, or create any other diagram with ease! There are massive PESTEL templates and symbols to choose from, and creating a PESTEL analysis diagram could be really simple.
