Ot Analysis of Aviation Industry
CHEPTER 6: OT ANALYYSIS OF AVIATION INDUSTRY
The past year has been one of change for corporate travel and the airline industry, and nearly every corporate travel program has been affected. For some, these effects have been positive; leading to lower air travel prices, but for others the effect has been negative, resulting in travel restrictions and budget cuts. Regardless, for many companies now is the time to start rebuilding travel programs through negotiations or sourcing projects, with the intent of improving savings and reducing costs in the years ahead.
India’s airlines industry had a smooth take-off ever since the government initiated its open skies policy a few years ago. After encountering some initial turbulence, it is now cruising smoothly across clear blue skies. India is today one of the fastest expanding aerospace markets in the world, as a growing number of airlines and corporate are expected to acquire about a thousand planes over the next 5 years.
Every region- the east, west, north, south and center - has five airlines. India has Indian Airlines, which is the mother of the Indian Aviation Industry, followed by Jet Airways, Spice Jet. Deccan Airways and Kingfisher. Sahara has been taken over by Jet Airways. These are airlines, which fly into Metro have and are well connected.
OPPORTUNITIES FOR AVIATION INDUSTRY:
Airline market growth offers continual expansion opportunities for both leisure and business destinations. This is particularly true for international destinations.
Technology advances can result in cost savings, from more fuel efficient aircraft to more automated processes on the ground. Technology can also result in increased revenue due to customer-friendly service enhancements like inflight Internet access and other value added products for which a customer will pay extra.
Link-ups with other carriers can greatly increase passenger volumes. By coordinating schedules, airlines can offer service to destinations via a code
The past year has been one of change for corporate travel and the airline industry, and nearly every corporate travel program has been affected. For some, these effects have been positive; leading to lower air travel prices, but for others the effect has been negative, resulting in travel restrictions and budget cuts. Regardless, for many companies now is the time to start rebuilding travel programs through negotiations or sourcing projects, with the intent of improving savings and reducing costs in the years ahead.
India’s airlines industry had a smooth take-off ever since the government initiated its open skies policy a few years ago. After encountering some initial turbulence, it is now cruising smoothly across clear blue skies. India is today one of the fastest expanding aerospace markets in the world, as a growing number of airlines and corporate are expected to acquire about a thousand planes over the next 5 years.
Every region- the east, west, north, south and center - has five airlines. India has Indian Airlines, which is the mother of the Indian Aviation Industry, followed by Jet Airways, Spice Jet. Deccan Airways and Kingfisher. Sahara has been taken over by Jet Airways. These are airlines, which fly into Metro have and are well connected.
OPPORTUNITIES FOR AVIATION INDUSTRY:
Airline market growth offers continual expansion opportunities for both leisure and business destinations. This is particularly true for international destinations.
Technology advances can result in cost savings, from more fuel efficient aircraft to more automated processes on the ground. Technology can also result in increased revenue due to customer-friendly service enhancements like inflight Internet access and other value added products for which a customer will pay extra.
Link-ups with other carriers can greatly increase passenger volumes. By coordinating schedules, airlines can offer service to destinations via a code