Avianca

Duties of Airline Pilot An aircraft pilot is accountable for the Safety and Security of the aircraft, travellers, crew members and cargo under various air traffic circumstances. Roles of an airline pilot are somewhat stimulating which can be accomplished successfully if the pilot is well skilled in all phases. The main role is positively to fly the aircraft securely from the departure airport to the target. Other than the air route there are other concerns as well that the Pilot has to take care…

Doing business in the aeronautics sector means dealing with highly competitive environment and after losing some share market to Airbus, Boeing decided in 2004 to build a new aircraft making it outsourcing strategy deeper in order to save money and to be more profitable on the market. Building a new aircraft is very expensive and take very long time so the top management wanted to make it cheaper and faster in order to face the hard competition with the European leader airline Airbus (owned by…

Error Fares and How to Take Advantage of Them Error fares as the name implies are fares put up by the airline that are either below or above the normal fare for the flight or hotel bookings and reservations. It is amazing to know that one can take advantage of this, even on a low budget, you can travel to seamless locations and make reservations at unbelievable rates. The prices are too good true, for example you can get an error fare of $500 for a flight ticket of $5,000. In the article we…

This risk assessment model is created by knowledge elicitation from the subject matter experts within the airline organization. The model represents risk as a hierarchical decomposition of contributing factors, whose interrelationships are represented by a fuzzy rule set. The decomposition of risk can help to identify those elements that contribute most significantly to the calculated risk and hence allows us to take the necessary mitigating action. 3.2 BASIS OF APPROACH The civil aviation…

Information goods Information goods to not highlight in the airline industry as a seller, however airlines do use information goods, as with other industries, in some format. Airlines that provide in-flight movies and music are making use of providing information goods to their customers especially if they charge a fee for this. Weather reports (Ward 2016) is another illustration of a very beneficial information good used by airlines when deciding on diversions within routes. The importance…

The legal issue in this circumstance is of the contract and its validity. The first factor to consider is to determine if a contract even exists. The drink company implied, through a commercial advertisement that if an individual earned seven million company points, they would be rewarded with a jet. It needs to be determined if this was an offer made in the advertisement. The individual saw this commercial and did, in fact, reach the 7 million company points. He then wrote to the company and…

Revenue management (RM) was first implemented in the 1970s and practised mainly within the airline industry, also known as airline yield management (Cross, Higbie, & Cross., 2009). Smith (1992) described revenue management as “selling the right seats to the right customers at the right price” (as cited in Schuessler, 2010). In the late 1980s, the hotel industry adopted this practice from the airline industry, with a similar objective to increase revenue. The implementation of RM by American…

Travel analysis and trends A good analysis and understanding of the travel features and trends of the passengers is very important to build up a successful business model for airlines. In the following, we will try to discuss this topic from the aspects of elasticity of passenger demand, popular destinations, mode of transport and the booking patterns. 1. Elasticity of Passenger Demand At the present time, the competition in the air travel industry is becoming more and more intense. The…

Fly Dubai Dubai Aviation Corporation, under the brand name Fly Dubai is a low-airline fully owned by the Dubai Government with its main hub and flight operation center at Dubai International Airport Terminal 2. Fly Dubai was originally established in July 2008 by the government of Dubai (Flydubai.com (1), 2014). Emirates supported Fly Dubai during the establishment phase, though it is not part of the Emirates Group (Hofmann, 2014). At the Farnborough Air Show on July 14, 2008, Fly Dubai placed…

1. Introduction The company set out to compare the profitability and sustainability of Full Service Carriers (FSC) and Low Cost Carriers (LCC). The main aim of the study was to find out the demand for travel on each type of airlines. Furthermore, the company could decide if it wants to launch a full service carrier and if investing in LCC would reap significant profits or become a liability. Incheon International Airport in Seoul, South Korea was chosen as the base point for both carriers…