An Investigation To Improve Performance in Aircraft Maintenance Company - Dissertation Example

The global airline industry has a net value of $467 billion which is expected to reach nearly $609 billion by 2013. The growth in the airline industry was nearly 30.4% in 2008 and growth in the global airline market was 1.8% by volume. There are tremendous changes observed in various factors of the airline industry. Due to the privatization and entry of private players, the competition of the airline sector across various destinations of the world has increased. The airline companies have increased the range of services by offering economic to business class traveling, improving the frequency of flights, targeting more geographical coverage, and enhancing operational efficiencies of the airlines.

This is a known fact that the airline industry is one of the most expensive and technology-intensive industries. The business environment of the airline sector is very complex. The airlines are not just concerned about covering the destination in the shortest possible time of all the available transportation facilities but they are also concerned about providing safety. This requires aircraft to be in excellent operational condition. Therefore, aircraft maintenance activities are one of the most important activities for the airlines and companies are investing heavily in maintenance-related activities.

“Each generation of airplanes requires many years from concept to deployment—for military aircraft, it may take two to three decades. It is common for suppliers to aircraft manufacturers and airlines to earn significantly better profit margins. The customer for airline service is, in general, most concerned about the price of flights, with secondary concerns of convenience and comfort. Consequently, manufacturers focus on affordability, efficiency, and reliability”.The primary factors affecting airline business are aircraft parts suppliers, aircraft engine suppliers, aircraft manufacturers, governments, municipalities, energy companies, and consumers.