VOICED: New York's financial high fliers are coming back

VOICED: New York's financial high fliers are coming back

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of the recession on air travel, highlighting the grounding of helicopters and jets after Lehman Brothers' collapse. It then covers the economic rebound, with Wall Street's recovery boosting air travel demand. New trends include increased private jet use and plans for a new hangar at JFK Airport. Cost-effective solutions like shared jet exchanges are also explored, showing how travelers are saving money while still opting for private travel.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for the grounding of helicopters and jets during the recession?

Increased fuel prices

Cost-cutting measures by companies

Government regulations

Weather conditions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of business did Manhattan heliports recover to after the recession?

85%

70%

50%

100%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did some New Yorkers choose to spend on helicopter flights to the beach?

For luxury experience

To avoid traffic

For the scenic view

To save time

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the shared jet exchange introduced by Ricky Sitomer?

To provide exclusive memberships

To offer luxury services

To reduce travel time

To allow cost-sharing among flyers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are New York's wealthy approaching private travel in recent times?

They are focusing on cost efficiency

They are investing in aviation stocks

They are buying more private jets

They are avoiding private travel