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AVIATION INDUSTRY

1) Rising fuel prices

Solution:

 Buy fuel on contractual basis from oil producing countries in which fuel prices will be
pre-determined till a quantity or time duration. This way we will be secure from
continuous fluctuation in oil prices.
 Develop engines which can run on alternate sources of energy also. Like 50% on fossil
fuel and rest 50% on solar energy or nuclear energy. This way the consumption of
fossil fuel will be depleted substantially.
 Get into an agreement with countries whose main livelihood depends on tourism,
(British Virgin Islands, Anguilla, Aruba, etc.) under which the country’s government
will have to bear a certain percentage of fuel prices of the airplane.
2) Low Profits / Losses
 Reduce the leg space and increase the number of seats in the airplane.
 Automate the check in system. Just one personnel required to be present till the time
of boarding the bus for the airplane. Installation of guiding machines which will reduce
the ground staff requirement
 Tie-up with travel insurance companies and make it mandatory to take up the
insurance before flying, at a bare minimum rate (like IRCTC does), and take a certain
percentage of that miniscule amount. This will prove to be an additional source of
revenue.

3) Lack of skilled staff: Due to lack of skilled staff there happens mismanagement in the
operations which causes a lot of delay in operations and loss of money.

Solution:

 Stringent and diverse courses to pass the examination.


4) Congestion at airport: Tremendous growth in Air traffic, weather, and Passenger
handling has caused the flights to get delayed and to take extra rounds before landing
which has created congestion at airport.

Solution:

 Artificial Intelligence and optimization of flight slots can predict it ahead of the
congestion to occur and it can save a lot of time and money.

5) Non-availability of flights and connectivity problems in Aviation Industry- Regional


connectivity and Non-availability of take-off and landing slots in airports especially in
peak hour slots. This leads to increased number of indirect flights to travel from one
region to other facing connectivity issues hence compromising customer’s
convenience, time and energy.

Solution-

To reduce the number of indirect flights the aviation companies should go got mergers to
collaborate for flight landing and take-offs. They would we able to use each other’s resources
where they are lacking and hence would be able to provide better services to the customers.
Also improved management in timetable or schedule of take-offs and landing would decrease
the congestion as well as the non-availability of preferred flight slots.

6) Lack of airports in regions which are far away from city and from busy regions like
many ICD’s.

Solution-
 The aviation companies can start its own transportation services like taxi, buses with
higher frequency so that customers can preplan their journey to the destination from
airport directly at a reasonable cost which doesn’t pinch the customers profit.

 The regions where airport cannot be built but have high traffic for business and
personal purposes can collaborate with government for metro services like rapid
metro for customers convenience.

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