Quality Management Consulting India Pvt Ltd.Airlines
The airline industry is one of the fastest growing industries in terms of volume, but at the same time there are several challenges as well. Rising maintenance costs, High fuel cost, Airport tax, constant investment in aerospace engineering and aviation, customer satisfaction, and aerospace maintenance are just a few of the challenges airline industry is facing. Global Passenger’s traffic has doubled during the past 15 years and will again double in the next 15 years to transport 9 billion customers across world.
Airline industry’s challenges
- Environmental concerns project a negative image to the public and induce new and costly regulation (EU).
- The return on invested capital is unpleasant compared to the weighted average cost of capital.
- Fuel cost is persistently high (kerosene x 4 over last 10 years).
- The industry is not profitable (cumulated P&L between 2003 and 2011 is zero) with net post-tax profit margins forecasted in the very low single digit in 2012 and 2013.
- The world economy remains weak and may impair international trade, a key driver of airlines’ growth.
QMCI’s service providing end-to-end technology solution and services to the airline industry, is ready to cater to travel/airlines industry with our pool of services that would deliver cost savings. Our applications can be tailored to ensemble detailed needs of network, regional and low cost airlines and is designed to be scalable in scope and performance in tune with business growth. QMCI’s has a pool of experienced domain and technical experts who trust in streamlining the business through cost effective innovation me
thods and add assessment to airline industry.
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