I am working on a paper in my Economics class..?
Answer:
Check out...
Info in the Airline Industry by; Oliver Richards, USDOJ
Under Airline Finances
firstseach.com
marketsearch.com
Try an online major university library. Univ of North Carolina is a good one that is free.
Ask google, and the online bookstores, for a bibliography of the subject. I noticed several books readily available but from 2002
See if you can access a Bloomberg Terminal. If not see if your school does not mind purchasing a license for one. We have one at work and it has this kind of data on every major industry you can imagine and you can even pull the data into excel without using the bloomberg application.
Well, you can start off by talking about its high operating leverage, ie high fixed costs. Just google it. That's the main issue w/ airlines. That and rising fuel prices.
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