wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Financial strategy of Transport

Total questions: 25

Worksheet time: 25mins

Name
Class
Date
1.

Over the long term, investing in airlines can be _________

a)

profitable

b)

risky

c)

dangerous

d)

unprofitable

2.

What had a larger impact to airlines profitability than the 9/11 tragedy?

a)

The pandemic

b)

The recession of 2008

c)

US 2019 Elections

d)

Terrorism

3.

Below are some of the potential external risks airlines face that could impact its profitability EXCEPT:

a)

higher jet fuel costs

b)

economic recession

c)

sudden increase in labor costs

d)

mergers and consolidations

4.

Recent demand shocks that airlines faced were as follows EXCEPT:

a)

9/11 tragedy

b)

SARS outbreak

c)

Economic recession

d)

Thanksgiving 2018

5.

Soon after 9/11, the US Congress agreed to bailout the airlines to the tune of USD_______

a)

10 billion

b)

30 billion

c)

50 billion

d)

100 billion

6.

Pandemic restrictions result in a(n) _______ in travel worldwide.

a)

decrease

b)

increase

c)

upsurge

d)

uptrend

7.

What policy was created to prevent airlines from laying off its workers?

a)

Payroll incentive program

b)

Payroll support program

c)

Payroll system program

d)

Private incentive program

8.

Pilots will have to undergo ________ after weeks of inactivity/vacation.

a)

medical

b)

retraining

c)

rehiring

d)

rehabilitation

9.

Airlines should do this more:

a)

spend cash on stock buybacks and paying dividends

b)

allocate more funds for rainy days and raising wages

c)

invest in new aircraft

d)

pay higher bonuses to top executives

10.

There are two categories of airlines according to industry analyzers:

a)

full service carriers and low-cost carriers

b)

independent and dependent carriers

c)

public and private carriers

d)

low cost and high cost carriers

11.

Full service carriers are more ______ oriented.

a)

business

b)

industry

c)

social

d)

welfare

12.

Central airports that many commercial routes fly through in order to make connections easier is called a (a)  

13.

Legacy carriers often have more ________ and ________within their business.

a)

infrastructure/types of aircraft

b)

employees/assets

c)

liabilities/infrastructure

d)

income/assets

14.

Low cost carriers run a more ________ operations.

a)

efficient

b)

streamlined

c)

effective

d)

profitable

15.

Full service airlines tend to be more resilient during economic crisis compared to low cost airlines.

a)

True

b)

False

16.

This airline managed to deliver up to 47 years of profitability.

a)

Southwest

b)

United

c)

Delta

d)

Allegiant

17.

There is always a demand for ______ airfares.

a)

expensive

b)

business

c)

cheap

d)

higher

18.

Until the late 1970s, the government regulated _________. This means airlines had to compete based on what ______ they offered to passengers.

a)

tickets / products

b)

airfares / services

c)

ticketing / class

d)

income / products

19.

When the US government deregulated the airline industry, all carriers are now free to do this: ______ without getting government approval.

a)

set their own fares

b)

set how many classes of seats in the flight

c)

set different pilots for certain routes

d)

set different services for government and private sector

20.

Why does leg room in aircraft tend to shrink every year?

a)

airlines tend to pack in more passengers every year

b)

airlines want to save costs by adding more seats

c)

airlines want to cater for smaller passengers

d)

airlines prefer to cut costs by reducing leg space

21.

The 1978 Deregulation Act forces airlines to shift from ______ type businesses to _______ type of businesses.

a)

free market / utility

b)

small / large

c)

frequent / irregular

d)

utility / free market

22.

Deregulation resulted in many airlines going (a)   of business or restructuring their operations.

23.

There have been more than (a)   bankruptcy filings recorded ever since deregulation of the airline industry.

24.

A bankrupt airline can still operate normally.

a)

True

b)

False

25.

Why does investing in airlines a risky move? (More than one answer)

a)

The possibility of losing your investment

b)

Airlines rarely make profit year on year

c)

The possibility of investment gains in airline stocks

d)

Airlines constantly receive bailouts from the government