Nobody downloaded yet

Risk Management of Blue Star Airlines - Term Paper Example

Comments (0) Cite this document
The author analyzes the risks of Blue Star Airlines and states that it must emphasize on effective coordination, safety, and on-time performance. It must create a lean organizational structure and eliminate inflexibility. Employees are motivated enough to take on & challenge conventional wisdom…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Risk Management of Blue Star Airlines
Read TextPreview

Extract of sample "Risk Management of Blue Star Airlines"

Download file to see previous pages Aviation market in Europe has been increasing especially for low-cost carriers and therefore our airlines Blue Star will be started as soon as possible to take the advantage of the booming air travel market. The proposed airlines "Blue Star" is willing to start operations from Vienna (Austria), whose location is more central to Eastern Europe and have the potential to cover Baltic nations (Estonia, Latvia & Lithuania), Poland, Czech & Slovakia, Hungary, Italy, Croatia, Germany, etc. The next important fact that founding partners of the Airlines are from three nationalities and around 45 years of age with 15 years of experience in managing airlines which will prove successful in the long run. Another important fact that airline is starting with 10 same size/carrying capacity and most probably the same type of planes. It becomes easy to handle/upkeep the same type of plans for pilots and other staffs. It any reduce turnaround time and reduce maintenance expenses and training costs. An important fact in starting Blue star is that it is leasing those airports and concentrating on those destinations which are not expensive due to their landing fee or heavy traffic and where national carriers make competition more intense. The most important fact that airlines proposed that its starting capital of $ 100 million consists of only 50% from borrowing in which bank borrowing/short term is only $ 25 million and rest 25% is through long-term bonds. By adopting this method, airline ensures that instant debt-service has to be kept at a minimum. These are the above five important facts, which Blue star kept in its mind to start with and will prove to be successful in the long run.
The next important step is to choose the first 10 destinations, where the passengers' flow is maximum and risk of bad weather; security or political stability is at a minimum. In Europe, Most of the airlines are trying to operate in the east. Due to the integration of Europe, Vienna is the place/hub for most of the airlines in central Europe joining West Europe and Eastern Europe. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Risk Management of Blue Star Airlines Term Paper, n.d.)
Risk Management of Blue Star Airlines Term Paper. Retrieved from
(Risk Management of Blue Star Airlines Term Paper)
Risk Management of Blue Star Airlines Term Paper.
“Risk Management of Blue Star Airlines Term Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Risk Management of Blue Star Airlines

Strategic Management - Southwest airlines

...? Strategic Management – Southwest airlines Inserts his/her Inserts Southwest airlines has demonstrated its sound strategic management and planning by retaining its position as being the soul airline in the U.S industry that managed to rack up profits in the 1990’s while its competitors made huge losses (Heskett, 1993). The company also boats of having very profitable shares which has been maintained through steady growth and profitability figures. The company also won the “tripe three” rating as a measure of superior customer service and satisfaction in the 1990’s (Heskett, 1993). It is, therefore, no surprise that others in the industry...
8 Pages(2000 words)Term Paper

Marketing management - Emirates Airlines

...matrix shown bellow According to the BCG Matrix analysis (Value based management. Net, BCG Matrix) Emirates airlines is in the star box, that is high growth and high market share, in this condition Emirates airlines should position itself in such a way so they can sustain their positioning with star in the BCG Matrix. For this they need to invest wisely. The Emirates airlines have positioned themselves as the high end flying service where the prices are high but quality of services are extremely good (Betz 286). They are not interested in the low cost services. Product life cycle: Product lifecycle is very much important for the present...
17 Pages(4250 words)Assignment

Blue Star Building the Apps

...?Case Study Table of Contents Case 3 Case 2 4 Case Discussion Questions Q Blue Star decided to build proprietary software because most of the off-the-self software that was developed for the utility companies was unable to fulfill the distinctive requirements of the company. The major challenge for Blue Star was the fact that every single partners of it used different software and hence the data was stored in different formats. In order to, deal with such situation the company required software that was capable of accepting and processing inputs that were in different formats so that usable information can be obtained. However, Tom Keen who is the CTO of the company did not get any useful off-the-self software that can meet... be...
4 Pages(1000 words)Case Study

Management - Southwest Airlines

...?Introduction In the rapidly transforming dynamics of business environment, the effective change management becomes a critical factor. The various external and internal factors that significantly impact the performance outcome of the organizations need to anticipated and identified to meet their challenges. Indeed, success of the firm is always the driving force behind the business strategies. Hence, managerial leadership encourages preparedness for changes to not only survive but also to maintain its competitive advantage in the difficult times. Southwest Airlines has been an exemplary example of success, even during recessive time. It has been able to identify various elements of change management and effectively exploited them... for...
6 Pages(1500 words)Term Paper

Strategic Management: Airlines industry

...Strategic Management Analyse and discuss the attractiveness of SAS Group's environment (industry) Airlines industry is the kind of industry whichrequires huge investments yet the level of competition is such that airlines often keep investing for years together and keep waiting for break even. The industry is investment intensive from the beginning, and requires continuous replenishment throughout the operational activities as well. Fuel costs, addressing the security concerns, maintaining well-paid pleasing personalities on the rolls for various types of services, preparing attractive promotional campaigns, inviting newer customers with loads of discounts, having a decent office and...
10 Pages(2500 words)Essay

Jet Blue - Strategic Management

...Jet Blue Part One What is the most important problem facing Jet Blue The most important problem that Jet Blue is facing is their ability to sustain their enormous growth in the industry. Jet Blue started operations in 1999 following Southwest's low cost solution but with value added in-flight features. After the 9/11 attacks, Jet Blue was one of those few airlines that managed to remain profitable. Banking on the success of initial years, Jet Blue expanded its services, destinations and airplanes to provide its travelers more travelling options at a low cost. This success story was one of the greatest...
4 Pages(1000 words)Assignment

Analytital ( compare northwest airlines and jet blue with american airlines

...painted on the fuselage. The eagle became a symbol of the company and inspired the name of American Eagle Airlines. Propeller aircraft featured an international orange lightning bolt running down the length of the fuselage, which was replaced by a simpler orange stripe with the introduction of jets. In the late 1960s, American commissioned an industrial designer to develop a new livery. The original design called for a red, white, and blue stripe on the fuselage, and a simple "AA" logo, without an eagle, on the tail. However, Americans employees revolted when the livery was made public, and launched a "Save the Eagle" campaign similar to the "Save the Flying Red Horse" campaign at Mobil. Eventually, the...
18 Pages(4500 words)Essay

Business Management: Blue Star Services & Logistics (BSSL), Inc

..., however, it is not the prerogative of the courts or jury to sit in judgment of employers management decisions.” (Sarah Crone, plaintiff-appellent, v. United parcel service, Inc., defentant –appellee United States Court of appeals, eight circuit.-301 F.3d 942, 2002). The court was of the opinion that the company had genuine reasons for not giving Ms Crone the promotion and the appeal was dismissed. If such an event had occurred in Blue Star Services and Logistics Inc. the result would have been the same. The EEO policy book of the company cannot include provisions that are contrary to the above mentioned rule in the Arkansan Civil Rights Code. Moreover, the book specifically states that...
2 Pages(500 words)Essay

Risk Management / Organisational Risk

...Risk Management Organisational Risk Table of Contents Table of Contents 2 Introduction 3 Concept and Key Challenges of Organisational Risk 5 Contemporary Security Issues Faced by the Organisation and their Responses to Them 8 Asset Risks 9 Information Risks 10 Fraudulent Activities Concerning Threat 11 Management Strategies to Deal with Organisational Risk and Security Issues 12 Conclusion 16 References 18 Bibliography 21 Introduction 7-Eleven, Inc. can be recognised as one of the largest and leading global chain of convenience stores, which was established in the year 1927 in Dallas, Texas. Presently,...
13 Pages(3250 words)Research Paper

Forgotten Wars; Operation Blue Star

...Forgotten Wars: Operation Blue Star Introduction Operation blue star was carried out by the Indian army in June1984 to flush out militants from the Golden Temple complex in Amritsar. The original plan was to frighten the militants, who had taken refuge inside the Golden Temple precincts, into submission, by a show of force. However, the militants chose to put up a stiff fight unto death, which led to full scale attack on the temple resulting in heavy causalities, including civilian. The Indian government justified the action as aimed at capturing the militants as part of maintaining law and order; the Sikh community including moderates condemned the act as an attack on...
14 Pages(3500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Risk Management of Blue Star Airlines for FREE!

Contact Us