Problem
Explain why frequent-flier programs (in which airlines give credits, convertible into travel awards for each mile traveled) might reduce competition among airlines. Put yourself in the role of consultant to one of the airlines in the days before any airline had such programs. Would you have recommended that the airline adopt the program? What would you have assumed about the responses of other airlines? Would this have been important to your assessment?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.