Business of Aviation
Anything involves
in aviation is expensive. Starting an aviation business is easy or cheap. The
company in order to start that aviation business it needs a fortune that will
be spent airplanes, maintenance, hangers, management, etc. So in order to
successfully expand an aviation business it requires a management team that
will set up a business plan that will outline each department responsibility
involved in the business. But even though a company could start big and expands
fast, bad things can happen and the company should expect a loss at any time. Its
important that an aviation companies finds the right people, as started
“finding the right people is the key to success”.
A successful
company out there is Southwest. As being on of the most profitable airline. They
only operate the Boing 737, while other companies operate a variety of fleets.
Little thing can cause problem for an airline. For instance the computer
problem that occurred to delta and passenger waited hours until that problem
got corrected. The NY times article stated that United has the worst operational record among the nation’s
top 15 airlines, which seems scary. So to continue a success in aviation
business, a company should always be in a competition through out the aviation industry
in constantly providing efforts to stay successful.
Sources:
The secrets of
Southwest's continued success. (2012, June 18). Retrieved April 1, 2015, from
http://www.economist.com/blogs/gulliver/2012/06/southwest-airlines
Stevenson, S. (n.d.).
How Southwest Airlines Turns a Profit, Year After Year After Year. Retrieved
March 31, 2015, from
http://www.slate.com/articles/business/operations/2012/06/southwest_airlines_profitability_how_the_company_uses_operations_theory_to_fuel_its_success_.html
Mouawad, J. (2012,
November 28). For United, Big Problems at Biggest Airline. Retrieved March 31,
2015, from
http://www.nytimes.com/2012/11/29/business/united-is-struggling-two-years-after-its-merger-with-continental.html?_r=0
BJTonline: Business
Jet Traveler. (n.d.). Retrieved April 1, 2015, from
http://bjtonline.com/business-jet-news/starting-a-flight-department
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