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Introduction
Pakistan aviation industry has been suffering from a dearth of revenue and travellers dues to a number of reasons. These reasons include absence of a comprehensive aviation policy, economic slowdown, increased POL prices, worsening law and order situation, energy and power crises, a not-so-stable currency, financial and administrative issues and deterioration of security across the country.
} Outgoing
was yet another year of sharp swings in Oil prices. Net loss for the period stood at Rs 11.7 billion compared to Rs 10.7 billion, an increase of 8% over corresponding period last year. per share stood at Rs 4.79 compared to a loss of Rs 5.03 last year. Operational losses decreased by 8% over the nine-month period. This improvement was mostly due to a 16% increase in net revenue and a 60% decrease in exchange loss.
} Loss
Problem
statement
PIA faces many challenges like global economic depression, rising fuel costs, stiff competition, massive labor costs and inefficient vendor supply chains, to name a few. It also has to deal with the recruitment of skilled staff to Gulf carriers while there is a drought in airline financing and the poor image of Pakistan negatively affecting its ability to attract passengers from other countries
Research
} y y y y y
objectives
Induction: Aircrafts not available Bad weather Shortage of pilots Financial constraints Managements problems
is going through management issues with its top level management team
Hypothesis
statement:
PIA is facing decline in sales, due to the corruption in its management, mismanagement of assets, bankruptcy this resulted in unsatisfied customers which raised questions on their reliability and reputation.
Variables
} Dependent
of
study
variable: DECLINING SALES } Independent variable: MISMANAGEMENT } Moderate variable: CORRUPTION } Intervening variable: CUSTOMER SATISFACTION RELIABILITY REPUTATION } Extraneous variable: BANKRUPTCY
Methodology
Sampling Design
}
The sample target market of ours will be the people who travel frequently Probability sampling The sample size consisted of 100 people Businessmen and families
} } }
Research
Qualitative research:
} } }
design
Host interviews from our target market One on one interviews Help us determine customers want and analyse what the
Quantitative research
} Questionnaires } Questions } Will
Data collection
} Target
market was mostly from offices, banks, airports and the supermarket have limited time for feedback
} People } The
Data
Limitations
} Limited } Time } With
analysis
Detailed
Findings
Questionnaire
Interview
Focus group
Summary
methods of research the qualitative method } The sample size we conducted was of hundred people } Main issues: mismanagement of assets, flights being delayed, aircrafts not being available, shortage of financial stability and the reliability and goodwill of PIA was damaged
} Two
Conclusion
} Unsatisfied
} Irresponsibility,
attitude
} Steps
Recommendations
} Revising
the outsourcing agreements it has with repair and overhauling contractors needs a professional management team that is allowed to work without political interference from civilian politicians in Islamabad as well as the legal majority shareholders
} Airline
} Both