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last activity : 07 06 2010 20:18:09 +0000
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Aviation Industry
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Tourism Industry
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Ideas in:
"Effect of recession"
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I think this is the industry which is most effected by recession. Many budgeted airlines are most affected by it. They have aso cut short their routes. |
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This was the most effective industry until last year but now due to the global recession the companies have cut short their trips for employees, and people are also not willing to go for trips. |
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Govt. is doing all this to maintain image in front of the world bank and pursuing them to give a loan again and therefore it is showing its way as though it is trying to come out of the retrenchhment. |
The deicit is not monetized so the chances of it being affected are a bit low. |