Question

FlyHi operates a low-cost airline and is a listed company. In comparison to its major competitors it is relatively small, but it has expanded significantly in recent years. The shares are held mainly by large financial institutions.

Answer 1

FlyHi operates a low-cost airline that has expanded significantly in recent years. The company is listed on the stock market and its shares are mainly owned by large financial institutions.

Step-by-step explanation:

FlyHi operates a low-cost airline that is relatively small compared to its major competitors but has expanded significantly in recent years. The company is listed on the stock market, meaning its shares can be bought and sold by investors. These shares are primarily owned by large financial institutions.

Being a low-cost airline means that FlyHi aims to offer affordable prices to its customers, which often attracts budget-conscious travelers. The company's expansion suggests that it has been successful in attracting customers and growing its operations. Having large financial institutions as major shareholders indicates that there is interest and confidence from institutional investors in FlyHi's potential for growth and profitability.