External Factors Affecting Airline Passengers’ Service Purchase Decisions

Abstract

The developments in countries regarding economic growth, inflation, and exchange rates have started to play an important role in the transportation sector, together with the effect of globalization. The aviation sector continues to grow rapidly, especially with business and holiday travel. Developments in economic growth, inflation, and exchange rates shape the commercial cooperation of companies. Again, developments in economic growth and inflation affect the purchasing power of citizens and therefore affect the decisions of holiday travelers. Therefore, developments such as economic growth, inflation, and exchange rates experienced in a country directly affect the service purchasing demands of airline passengers.