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Why tourism and airline industries have close relationship to influence their profitability between of them.In my study, I suppose terrorism, profitability and the price of petroleum which had properties of distinct and interrelated close relationship. Moreover, these variables ( terrorism, profitability and the price of petroleum) displayed differentiation, self replication, efficiency and hierarchy which can cause risk events to airline industry. However, I also think the other internal and external threat factors of airline industry, such as inflation, bank interest rate, business model, service quality, airline fuel or plane engine technology, air ticket pricing, brand loyalty, airline strategic management, government policy and fuel hedging of these factors which can also raise the risks to threaten any airlines existence in airline industry. There are two basic business models in airline industry. They are network ( full service) and low cost ( discount) carriers. The network carrier model employs diversification strategy by increased domestic destinations, serving international routes, providing diverse seating arrangements ( business, economy and first class), maintaining a complex system of offering high quality service. Otherwise, low cost ( discount) airlines focus on lower air fares. To keep operating costs down, discount airlines offer shorter routes and provide point-to-point destinations rather than through sophisticated flights are primarily in domestic destinations. So, discount airlines operate a common model aircraft fleet, offer a single seating arrangement and cheaper flight services offered to compare network airlines. However, these two basic business models have their unique competitive abilities to provide any airlines existence in airline industry nowadays.In fact, natural resource of oil is decreasing in our earth. But as the same time, human demand is increasing and oil supply is decreasing, so it also causes the oil fuel price is increas