Question

Which of the following best describes the business segment of Indigo Airlines? 1. Airlines business 2. Aviation business 3. Transportation business 4. Energy business

Answer 1

Answer:

1. Air lines business

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Answer 2

Answer:

Option 1. Airlines business  best describes the business segment of Indigo Airlines.

Explanation:

A business segment exists as a portion of a business that develops revenue from selling a product or a line of products, or by providing a service that is different from the primary line of focus for the business.

• The airline industry encompasses a wide spectrum of businesses, called airlines, which offer air transport services for delivering customers or business partners.
• These air transport services exist provided for both human travelers and cargo and exist most commonly presented via jets, although some airlines even use helicopters.

Indigo is India's biggest passenger airline with a market percentage of 55.5% as of January 2022.

• A segment is a segment of a business that develops its revenues and makes its product, product lines, or service offerings.
• In general, if a unit of a business can be raised out of the larger company and remain a self-sufficient entity, then it may be categorized as a business segment.

Hence, Option 1. Airlines business  best describes the business segment of Indigo Airlines.

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