Paper Topic:
Business Management
br AIRLINE COMPANY OUR BUSINESS STRATEGIES FOR NEW VENTURE EXECUTIVE SUMMARY Our company is a new consumer airline and it is in its formative staged It will take some time to organize the company and take advantage of specific gap in the short haul European travel market . Our airline initially covers three major cities of Europe . These are London , Berlin Paris . We will target these major cities initially as these are the highly commercial cities in Europe . The traffic of passenger is comparatively higher in these cities as compared to others p
There is a gap in the availability of low cost service in major cities of Europe with the demand of passenger travel to these cities . This indicates that the new entrant of Airline Company could be expected to capture a major portion of current air travel business . Our management and strategy for business will bring high yields for the business and our strategy is simple and practical
Our research and estimation indicates that the air travel from Dublin to major cities of Europe is high . The high demand of low cost efficient service will bring excellent revenue in the first full years of operations , while utilizing six aircrafts on selected routes and cities Furthermore , in the second year , the revenues are expected to be double with additional aircrafts and expansion of destinations . The company long term sketch is a part of the due assiduousness package . However , it should be noted , that the company first operational year will burn cash till...
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