Wednesday, October 30, 2019
Elie Wiesel,Night (1958) Essay Example | Topics and Well Written Essays - 500 words
Elie Wiesel,Night (1958) - Essay Example Religiously he tends to ask God why all these diversities befell him. Mentally, Ellie watched his father die and was separated from all the female members of his family. Upon looking at the mirror, Elie’s eyes revealed a person that was transformed into a broken person. From his inception at the camp he was a young, religious and loving boy, but when he left the camp he was totally broken. It is from this point that his view on the world had changed completely. In order to have an insight of how Elie’s views of the world changed, two significant aspects will be looked at, that is, religion and mental/emotional aspects. To start with Elie states that: â€Å"Never shall I forget the moments that murdered both my God and soul and turned all my dreams to dust (p.32).†This description of Elie regarding his religion is as a result of the difficulties he and the Jews faced in the camp. Elie’s faith undergoes a crisis because of how he watched his own father and others undergo a torturers death as well as the deplorable living conditions he was subjected to. It is at this point that Elie underwent a major change as he tried to reconcile all the difficulties he and others were facing together with the beliefs he had been taught about God. He does not deny God, but he chooses not to remain silence regarding why God left all these difficulties face them. Elie thus changes his perception that God is merciful and just and he comes to a conclusion that he will not just sit there and wait for his death. From the beginning of his experience, Elie was a religious person, but in this new world all the aspects and teaching of religion became meaningless for he had lost his faith. With regards to mental/emotional aspect, Elie also tends to change his view of the world considerably. He thought of the things that he would never do and the circumstances that have made him to be repulsive in this context. For instance, Elie states: â€Å"I gave him some of my
Sunday, October 27, 2019
Theories of psychological research
Theories of psychological research Humans are expected to deal with an immense amount of information whilst dealing with everyday complex tasks such as driving at high speeds in variable weather conditions and road conditions. Yet, research has shown that there is a limit to what humans can handle. It is well documented that human error on the road causes minor injury to fatal accidents and even damage. Treat et al (1977) calculated that human error is a major contributing factor in 90% of accidents and was also the only factor in 57% of accidents. This essay will consider two theories of psychological research on human memory. Attention and perception that can be used to assist understanding of the cause of human error on the roads. It will provide an overview of these two theories and the limitations in human information processing that contributes to accidents. It will also consider human error and how the research mentioned can be applied to minimise driver errors on the roads. It will conclude with a number of possibilities considered to reduce human error. Several studies noted that capacity of humans to process information is limited in capacity. Green(1991)research confirms that the flow of information whilst undertaking everyday tasks as driving is complex with the driver handling various information at the same time such as auditory and visual input vehicles, pedestrians, road signs, weather conditions. There is a continuous demand on the drivers memory who is also handling other auditory information such as talking to other passengers, listening to music, and recalling or recognising directions. Information processing theory is used to explain the importance of attention. Several studies show that accidents occur when the driver was focussed on something else. Several studies reveal that the driver can carry put all of the above tasks if visual and auditory input is low. However, if there is an increase in demand for attention when there is poor visibility or the driver is driving very fast, or driver is affected by fatigue or alcohol then attentional capacity is reduced. This limitation in capacity relates to bottleneck theories which suggests information enters the awareness one at a time whilst the information capacity theories propose information is processed through various channels, but each channel has a limited capacity. The driver does not have the capacity for inputs; they can only pay attention to certain number of information. Broadbent(1958),Treisman(1960) and Deutsch Deutsch(1963) put forward the theories of selective attention that remains influential, despite current theories focus on capacity theory, and the decay of information explained by Baddeley Hitch(1974). Broadbent Filter Model theory is based on Atkinson and Shiffrin multi-store memory model (1968) that explains memory processes and sequences stages; sensory, short-term and long term memory. The research confirms that the driver processes two types of stimulus. According to Broadbent the input comes through the filter and the other stimuli are held in a bottleneck for processing later. Baddeley Hitch (1974) working memory not only has limited capacity but also information decays, this gives limitation in regards to new information being held. There is some difficulty with Filter model Theory of attention. Cherry (1953) cocktail party effect experiment confirms the subject focuses attention on interesting stimuli whilst ignoring other stimulus. Again, Treisman (1960) proposed that if stimulus has meaning it can be processed, whilst Deutsch and Deutsch (1963) proposed that if stimulus needs to be responded to it can be selected later. The conclusion to be drawn from this, is that driver capacity to interact safely on the road is reduced and the possibility of human error increases because of the demands placed on attention. With such complex tasks as driving, information would not be retained or recalled, and as the capacity for inputs are limited the driver can only pay attention to certain pieces of information, so information which could be important could slip from memory. The issue remains of how to get drivers to focus their attention fully on the road. Human perception is another research area that can be applied to human error on the roads. Human perception is based on context and expectations the bottom up and top down approach. Several studies reveal that perceptual error jeopardise road safety. For example drivers often admit to not seeing visible information such as pedestrians crossing the road. In addition drivers misinterpret information such as speed or closeness to other vehicles. or drivers misread the speed or the closeness of other vehicles. Mack Rock (1992) researched visual perception of unexpected shapes whilst looking at it directly. This phenomenon is called inattentional blindness or perceptual blindness. This phenomenon occurs when subjects do not see visible objects in front of them. This can be for reasons such as overload of information or their attention is focussed on something else that has meaning, or no internal reference to the visible object. Simons, Chabris (2004) experiment on perception resulted in showing how subjects did not see an incident happening in front of them. This experiment involved participants playing basketball game and missing an unexpected appearance of someone dressed up in a white gorilla suit walk onto the ball court during the game. Subjects did not recall seeing the white gorilla. Scholl et al (2003) research also suggests that auditory input such as talking on mobile telephone can increase the opportunity of a subject failing to notice the unexpected and leading to increased human errors. This research on perception has implications for road safety, as drivers often report they did not see the pedestrian or car in front. The driver focus on what they expect to see top down processing rather than on the unexpected objects. This results in the likelihood of important and unexpected objects being missed. Neisser (1976) suggests that is not either or for humans. Perception involves both top down and bottom up processing becoming a perceptual cycle. Reason (1991) extensive research on human error defines error as circumstances in which planned action fail to achieve the desired outcome. Examples of this are stepping on the brakes too late and failing to stop at red traffic lights. Norman Shallice(1986) and Reason(1991)theory could be used to explain human error in driving tasks and knowledge. Norman and Shallice propose two types of control controlled control and automatic control. Controlled control being within awareness, but conscious and limited and automatic control out of awareness, creates automacity in tasks already rehearsed over a long period of time. This become out of awareness and is performed without effort like driving. Reason (1991) also suggests that there are 3 types of cognitive processes that cause errors. Skills based error or slips these consist of automatic action that was unconscious Rules based mistakes these consist of non-appliance of a heuristic to undertake a task Knowledge based conscious thought to solve a problem Finally Reason (2000) Swiss Cheese Model of human error can assist in understanding how road accident occurs. All slices of the cheese model have gaps which have to be aligned for an accident to occur. Thus a combination of factors can cause human error. To reduce the chance of accident road experts could use Reason model to identify the factors that contribute reducing unsafe acts such as talking on mobiles whilst driving, visible multiple cues, signals, colour coding, speed limits and road examinations are some of the examples observed to reduce road fatalities. Conclusion This essay has attempted to briefly explain the psychological research on memory that could be applied to the road. It concludes that this research on attention and perception can help to understand the cause of human errors on the road. However, memory research is still laboratory based, and opens to criticism regarding ecological validity. In deed human error is inevitable and getting humans to adapt their behaviour may prove challenging. References Treat,J,R, Tumbus,N,S,McDonald,S,T,Shinar,D,Hume,R,D,Mayer,R,E,Stanisfer,R,L and Castellan,N,J(1977) Tri-level study of the cause of traffic accidents report No.DOT-HS-034-3-535-7777(TAC) Green, M (1991) Visual Search, Visual streams and Visual architectures. Perception and Psychophysics, 50,388-403 Cherry, C (1958) some experiments in the recognition of speech with one and two ears, Journal of acoustical society of America, 25,975-979 Broadbent, D (1958) Perception and Communication London/New York, Pergamon Press Atkinson,R and Shiffrin,R(1968) Human memory: A proposed system and its control processes, In K,W Spence and J,T Spence(Eds) The psychology of learning motivation (vol2) London Academic press Baddeley,A Hitch,G (1974)Working memory in G Bower(Ed) The psychology of learning motivation(vol 8)pp.47-90 San Diego, Academic Press Treisman, A (1960) Contextual cues in selective listening. Quarterly Journal of Experimental Psychology, 12,242-248 Mack, A Rock, I (199 ) Inattentional Blindness Cambridge,MA,MIT Press Scholl,B Noles,N,Pashera,V,Sussman,R(2003) Talking on cellular phone dramatically increases sustained Inattentional blindness[abstract]Journal of vision,3(9):156,156a Simons,D Chabris,C(1999) Gorillas in our Midst: Sustained Inattentional blindness for dynamic events.Perception,28,1059-1071 Reason,J(2000) Human Error, Models and management, British Medical Journal,320 768-770 Norman,D,A,Shallice,T(1986) Attention to Action: Willed and automatic control of behaviour in R.J. Davidson,G.E Schwartz and D.Shapiro(Ed)The design of everyday living, New York, Doubleday Neisser(1976)Cognition and Reality San Francisco,CA,W.H Freeman
Friday, October 25, 2019
Catcher and the Rye :: essays research papers
Outline Thesis statement:     The relationship Holden and Blanche have between family and people in society leads them to an inner turmoil, which eventually results in their psychological breakdowns. I.     Family A.     Positive relationships in The Catcher in the Rye. 1.     Phoebe is the only person who Holden needs 2.     Holden is proud of D.B’s accomplishments 3.     Holden truly admires the personality Allie had a.)     â€Å"He was two years younger than I was, but he was about fifty more times intelligent†(38). B.     Positive relationships in A Streetcar Named Desire. 1.     Stella and Blanche are very close, telling each other everything 2.     Stella takes Blanche in when she has nowhere else to stay 3.     Blanche wants Stella to escape from Stanley a.)     â€Å"Animal habits! Eats like one, moves like one, talks like one!†(72) C.     Negative relationships in The Catcher in the Rye. 1.     Holden gets angry when his family/siblings do something he does not like 2.     Holden does not get along with his parents a.)     â€Å"Daddy’ll kill you†(166) 3.     Holden thinks D.B has turned into a phony D.     Negative relationships in A Streetcar Named Desire. 1.     Blanche flirts with Stella’s husband, Stanley 2.     Blanche makes fun of Stella’s lifestyle II.     Society A.     Role in society in The Catcher in the Rye. 1.     Holden despises when people refer to him as a minor. a.)     â€Å"The waiter came up†¦ a Scotch and a soda for myself, but the sonuvabitch wouldn’t bring me one, so I had a Coke, too†2.     Holden does not have and direction in his life Zago 2 B.     Role in society in A Streetcar Named Desire. 1.     Blanche has no job 2.     Blanche tries to live off of others a.)     â€Å"I have always had a strong dependence on the kindness of strangers†(142). 3.     Blanche had no direction in her life C.     Relationships with peers in The Catcher in the Rye. 1.     Holden is infatuated with Jane a.)     â€Å"She said I was wild and that I had no direction in life†(59). 2.     Holden views everyone as â€Å"phonies†3.     Holden always gets into fights and arguments with his roommates a.)     â€Å"About all I know is, I sort of miss everybody I told about. Even old Stradlater and Ackley, for instance†(214) D.     Relationships with peers in A Streetcar Named Desire. 1.     Blanche plays with Mitch’s mind 2.     Blanche lies about how old she is a.)     â€Å"Stella is my precious little sister. I call her little in spite of the fact she’s somewhat older then I†(55) III.     Inner-selves      A. Alcohol problems in The Catcher in the Rye.           1. Holden drinks when he is upset which increases his depression           2. Holden has hallucinations of pain when he drinks too much a.) â€Å"When I was really drunk, I started that stupid business with the bullet in my guts†(150)           3. Holden is able to admit he has a drinking problem B.     Alcohol problems in A Streetcar Named Desire.
Thursday, October 24, 2019
Describing Places †Seoul Essay
Being the capital of Korea since the 14th century, Seoul (ì„Å"ìš ¸) is one of the most popular tourist destinations located in the west of its country. Packed with countless sights and places to visit, ranging from royal palaces to trendy shopping centre, Seoul is a city with so much to offer that tourists might not know where to begin. The streets of Seoul are always jammed with people as there are endless varieties of restaurants, cafes, shopping centres, discos available at any time of day. Bright neon lights and catchy songs coming out from nightclubs attract young people and there are plenty of karaoke bar where one can have a great time singing and dancing. The mayor tourist attractions of Seoul are â€Å"Seoul Tower†(ë‚ ¨Ã¬â€š °ÃÆ'€ì›Å') and â€Å"63 Building†(ìÅ" ¡Ã¬â€š ¼Ã« ¹Å'놩). The 236.7m Seoul Tower sits atop Namsan Mountain, offering a breathtaking panoramic view of the city and the surrounding areas. It is so stunning that many visitors consider Seoul Tower the best tower in Asia. As far 63 building, it is said to be one of the tallest buildings in the world. It is a skyscraper situated on Yeouldo (ìâ€" ¬Ã¬ ˜ë „), overlooking the Han river (ÕÅ"ê °â€¢). 63 represents the number of floors it has and it mainly comprises financial offices, entertainment attractions, observatory, restaurants which cater for all ages, the wax museum, a trendy shipping mall packed with brand shops, and a huge aquarium with all kinds of fish. Seoul provides entertainment and an unforgettably unique experience. Unless you witness it for yourself, you will never know the excitement it brings you, try Seoul.
Wednesday, October 23, 2019
Comapring Porters 5 Forces for the Airline Industry Essay
1. Score each competitive force in the airline industry and provide a brief rationale for your assessment. Â ·Rivalry Among Existing Firms: (High) When one major company in an industry makes a change in costs or services that could potentially increase their clientele, a major competitor almost always follows suit. Price matching is a prime example of that, therefore the threat is high. West Jet is one company that offers flights at a discount and forced Air Canada to create new banners to compete with the discounted prices. All major companies and firms in an industry watch each other’s every move very carefully, and match any move with a countermove. During slow season in the airline industry, a firm can only grow by taking some of another competitor’s market share and customers. When someone has to book a flight, they have to book a flight. Most people these days use the internet to book flights and compare services and prices from rival firms with relative ease. Accessibility and price are the key factors in driving rivalries. The deregulation of the Canadian airline industry in 1984 created a very intense rivalry between two of the biggest airline companies in Canada; namely, Canadian Airlines and Air Canada. Canadian Airlines built its strength in the industry by making a few key acquisitions of companies in Western Canada. Air Canada recently became a publicly traded corporate entity, building capital through public offering. When these two powerhouse companies created a difficult situation, such as the offering of less expensive options and discount flights, they both lost revenue and nearly crippled them financially. Â ·Relative Power of Other Stakeholders: (High) Other stakeholders such as governments have a relatively large amount of power over most national airlines in Canada, because they are partially owned by them. Taxes on flights out of Pearson International Airport are some of the highest in the world and these taxes are regulated by the government. Taxes, policies and regulations are some reasons why the government has power in this industry. They can limit the entry to the industry within the region by restricting access to important things, like raw materials and licensing requirements. In Canada the government has foreign ownership limits in almost all transportation services, and the government always has and always will regulate the airline industry. The Canadian government has used its power in the past by protecting local companies in the industry, such as Air Canada, from companies based in other countries attempting to acquire them. Other regional stakeholders, in particular those in the tourism industry, have some indirect power over the airlines by creating and perpetuating the demand for flights. An example of this is when a tourism organization advertises international destinations and attractions. Marketing initiatives of those organizations are meant to whet the appetite of the consumer, thus increasing the demand for flights to those destinations and, accordingly, the airline industry is then obliged to increase the supply for flights. Â ·Threat of Substitutes: (Medium) In almost every industry the threat of substitutes are apparent. Marketing and R & D are a huge part in minimizing a company’s threat of substitutes. The more the public sees, hears or reads about your company the better. The threat of substitution in the airline industry is inevitable. Substitute products have the potential of creating a strong competitive force when they enhance the value for the customers, especially in the airline industry. Also, substitutes improve the price-performances of each firm within the industry. When booking a flight to a destination close in proximity, people often compare their options. For example, the cost of a return flight to Newark, New Jersey from Toronto may exceed $ 1,500 per person; the same trip via automobile would cost less than $500 for all occupants of the vehicle combined; the trip by train would cost roughly $230; and, by bus the cost would be $125. Therefore, the threat of substitution is a significant factor in the airline industry. However, if a customer has to travel very quickly or a significant distance, that person would most likely choose the flight option instead of a cheaper alternative. Â ·Bargaining Power of Buyers/Distributors: (Medium) Bargaining power is a tricky one because it can work both ways. Buyers have a certain level of power in any industry. A buyer may switch suppliers very easily if there are no penalties and it is cost effective for them. If a large firm makes a large purchase of goods from another firm, it may be mutually beneficial and if serviced well, have the potential for repeat business. However, the buyer then has the power to use a substitute or competitor which would negatively affect the seller. Buyers are always the more powerful of the two because some buyers have the ability to put pressure on lower costs from suppliers, while demanding an increase of the quality of products or services provided to them. Also, the bargaining power in industries with high fixed costs like the airline industry can play a big factor. On the other hand, things like jet engines, tires and other key safety devices on aircrafts can cause severe consequences if this equipment malfunctions. For that reason, the buyer has a reduced amount of bargaining power with suppliers in this industry. The bargaining power of buyers is both high and low, so I ranked it medium. Â ·Bargaining Power of Suppliers: (Medium) Suppliers or sellers do not have a vast amount of power in the Canadian airline industry. Aircraft manufacturing is a highly specialized industry with a limited customer base. If a supplier raises costs or their quality decreases, they have the potential to lose a customer, which may be extremely difficult to replace that lost revenue in such a specialized industry. Compare the market for aircrafts with the market for automobiles: Aircrafts are unique and there are just over 18,000 commercial aircrafts traveling the skies; when the number of automobiles just breached the 1 billion mark a few years ago. Compared to the suppliers in the auto industry who have an increased amount of power, the suppliers in the airline industry don’t have nearly as much. Buyers have only a minimal amount of options in this industry, therefore sellers or suppliers can be more demanding in regards to their prices, scheduling and other key components of the industry. This force is both high and low a s well. Â ·Threat of New Entrants: (Low) The threat of new entrants is low because there is already a large amount of competition on a very big scale. Air Canada is a prime example of an airline company that offers flights and services on a globalized level, which would be hard to match without massive capital. A second reason I believe the threat is low is because of the high cost of breaking into this market, the airline industry is one of the most expensive industries to get into. For example, Boeing’s cheapest commercial aircraft is just less than $80 million costing upwards of $350 million. The aforementioned economic threats and entry barriers are far greater than most potential market entrants would want. The brand name factor is a big one here too, as a consumers selection process has much to do with brand recognition and pricing. Society gets comfortable and used to boarding certain airlines and receiving what they have to offer such as good customer service. The security, health and safety aspect of the industry are very difficult to observe and maintain, as those fields of the industry are subject to harsh regulations which can be tough for a new entrant in this industry to maintain and comply with. 2. Which of these forces are changing? How will this affect the overall level of competitive intensity in the airline industry in the future? Would you invest or look for a job in this industry? What do recent financial results of Canadian airlines indicate about the attractiveness of this industry? Industry evolution is a never ending process, especially in the airline industry. The power of other stakeholders will change in years to come because of the industry growth expected in the next decade and a half. The number of aircrafts is expected to double by the year 2025, which is great evidence that all forces will evolve and change with the business. With the expected growth in the Canadian airline industry all of these forces are due to change and as the industry grows, so does the threat of new entrants as more corporations and firms will see the success of the current ones in the industry and want to break into the industry. With enough capital and a great group or process of st rategic planning and environmental scanning the threat of new entrants grows. The rivalries will become more intense with the globalization of corporations. The high exit barriers will be a big factor for larger corporations as the smaller organizations will have extremely difficult decisions to make on whether or not to opt out of the industry. The threat of acquisitions and company takeovers will increase and larger firms with more capital will have an advantage here, while the smaller firms will stay small without achieving great levels of success through analyzing and strategic planning. Therefore, the competition and rivalry will increase immensely between both successful and less successful firms. The struggle for bargaining power between purchasers and suppliers in this industry will likely continue, with that power shifting back and forth due to various market conditions. Factors such as the cost and supply of fuel, the availability and quality of supplies, ever-changing government regulations and fluctuating consumer demand can cause variances in the flow of bargaining power. Other stakeholders such as unions, the government, creditors, shareholders and other key groups involved with the industry, can change and play a big factor in the near and extended future. Power of the government will increase exponentially, creating higher taxes, greater measures of safety, security and regulations, as the industry adapts and evolves. The level of intensity will grow rapidly and the rivalries will always be there, but they will be different with each rival. The competitiveness will intensify greatly in the future, because of the expected boom in the industry. More flights mean more aircrafts, employees, security and security measures, prices and innovative thinking. Some firms have been known to scout some of their future and current associates and team members, hence the rivalry among experienced employees in the industry. Another reason the intensity will grow, is because the internet is being used more, and more often by customers booking flights, future employe es seeking new positions and marketing techniques. The hyper competition of the industry will affect the intensity and moving forward, new strategic tools will need to be used to keep up. The key success factors such as, booking accessibility, diverse classes of service offerings and aircraft type and seating space, will create loyalty and repeat customers. This will intensify the industry as it expands in the future in a very positive way. Also, successful financial management of each corporation may enable airlines to increase their influence and power. The high fixed costs of the industry, force corporations to offer cheaper standby fares when a flight has not reached its capacity. The flight still needs to get to its destination, so cheaper flights are offered just to fill the seats in this case. This will always create an intense rivalry. I would invest in this industry because I believe the overall growth of airlines and aircrafts in Canada and globally will be tremendous. A company like Bombardier would be a great one to invest in. They have been expanding rapidly by acquiring top firms and companies in the industry with the goal of being the market leaders in all aspects. There are 18,000 commercial aircrafts traveling the skies and that number should double within the next 12 years. In addition with the price of purchasing aircrafts rising and the need for them in the near future, moreover, companies outside of Canada in the aircraft manufacturing industry such as Boeing and Air Ambulance would be successful ones to invest in. With the projected heights of the industry, it would be an intelligent idea to invest in what the general public rated the top airline company in North America, Air Canada, because, the larger they become the greater their revenues increase. Air Canada is involved in all transportation categories of the industry, such as internationally, nationally, regionally and the transportation of cargo for other corporations. As the global population increases at an extremely intense rate, additional customers will be using their services and in turn expanding a business’s potential. The more firms in the airline industry grow, the more flights and services will be offered. This means better rates because of the increase in airports, flight times and options, accessibility and many other aspects. WestJet is currently looking at purchasing 40 new aircrafts, with the top two competitors being Italian based company ATR Aircrafts and Bombardier. Bombardier will be leaning heavily on the fact that they are a Canadian based manufacturer with the hope of winning this extremely lucrative and positive contract. Economically, this may have a large affirmative influence on the Canadian industry, another key factor in why I would invest in the Canadian airline industry. After reviewing the financial results of some airline companies in Canada, I found that the net earnings have been rising for the past 2-5 years on a consistent and large scale. The revenue and available seat miles (ASM), are increasing quite rapidly, however, the costs of aircrafts, other specialized equipment and fuel are increasing almost as rapidly. A statement made by Gregg Saretsky, President and CEO of WestJet, contained in the company’s recent financial statements outlined that profitable growth continues as they expand their reach. I interpret this as a very positive message from an important stakeholder in the Canadian industry. It means that as the company expands more and more, so do the profits, brand name and other large factors in any successful business in the second largest country in the world. This is a very attractive industry to get involved with because of the growth potential. Expert analyst and great strategist have predicted the airline industry to be one of the top grossing and earning industries in the world. There are over 230 different airline companies in Canada with less than ten dominating forces in the industry. The larger the company, the larger the profit, so the attractiveness is more appealing with larger companies or firms. Porter Airlines is a small company that launched in 2006, however, the first year they recorded financial gain was 2011. This company has been steadily expanding since they set to the air. The founders of Porter airlines spent five years building their business plan. With the precise and meticulous environmental scanning and strategic planning, they have grown their company in a great way, with greater expectations in the future. The most unattractive aspect of this industry is the cost of fuel and according to the Air Transportation Association (ATA) is an airline’s second largest expense. According to the financial report of Air Canada, they spent $723 million on fuel in 2011, an increase of about 27% from the previous year. Right now, jet fuel consumption is exceeding 6 million barrels daily and with that number increasing in the future, demands will increase even more then they are now, driving the cost of this essential commodity in the industry. Air Canada’s operating income in 2011 was more than $50 million down from the year prior. They reported a decrease in net loss of just less than $250 million. The cause of their loss was from foreign exchange and internal investigation. Another unattractive aspect is that globally, the level of carbon dioxide and other emissions is expected to rise 50% by the year 2050. Aircrafts emissions contribute to climate change three times as fast as they do from cars, which is extremely harmful to the environment. Most companies in the industry are putting enormous focus on their environmental scanning, trying to find options to decrease and minimize this major factor. Overall, the financial results suggest that the Canadian airline industry will continue to grow on exponential levels in the future and will be extremely beneficial for the Canadian economy in many ways.
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