Aviation sector."A BOON OR A BANE" for Generation Next.
What kind of impact would be faced in the aviation sector with the hike in aviation fuel prices and a meltdown in financial sector? Already with the fall of Kingfisher Airlines, one of the finest domestic players, traffic has come to a halt...The pilots are getting salaries either late or after dedu... View More
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I NEED TO KNOW ABOUT TOP 'AA GRADE COLLEGE IN BANGALORE WITH CENT% PLACENT AND APPROVED BY CENTRAL GOVT
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Yes very true. A lot of new airlines will be entering in the indian market.
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Aviation sector will surely be a boon for next generation. The are providing lots of opportunities:
- Commercial pilot
- Co-pilot
- Air cargo pilot
- Expert cabin crew
- Air traffic controller -
I believe prices of fuel are not an big issue. Airlines around the globe are making profits and paying high salaries. When we quote an example of kingfisher airlines , it is very sad to say some top management people people have misused the public funds for their personal benefits . Also revenue generation methods were also not feasible
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Aviation industry is growing but employment problem is same they are trying to recruit ppl with very low salary and at present there are so many students are unemployed so for next 5 year it is not good idea to join any course related to aviation.
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FAILURE OF KINGFISHER AIRLINES IS DUE MANAGEMENT .AIRLINES THAT STARTED AFTER KINGFISHER ARE DOING WELL EX. INDIGO, SPICEJET, GOAIR.INITIALLY IN 1990'S THERE WAS ONLY INDIAN AIRLINES OFFERING APPROX.1500 SEATS EX. BLR.AND FLIGHTS WERE NOT FULL. SAY 7-8 DEPARTURES BUT TODAY THERE ARE APPROX 350 DEPARTURE OUT OF BANGALORE APPROX 35000 SEATS JUST IMAGINE THE GROWTH OF AIRLINE.KINGFISHER AIRLINE CANNOT BE A BENCHMARK TO DISTINGUISH THE GROWTH OF AIRLINE AND FUTURE OF AIRLINE.
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Commented by
Kamaraju pulugurtha Online teaching of English, on retirement | Guide-Level 14
2012-07-04 09:00:28There must be a feeling of some inner compulsion for eking out some career.The ambition should not merely depend on the aspect of glamour. -
Commented by
Kamaraju pulugurtha Online teaching of English, on retirement | Guide-Level 14
2012-04-15 13:54:45The industry will flourish more and more and the changes also will be many and it will acquire a new form in India.Nothing will happen if a couple of companies end up in losses.You know INDIA is a land of promise for the entire world and I also share the dream. -
it's neither a boon nor a bane. it's a moon where opportunities are to be find by the budding professional.
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How about this ? Source: wikipedia
The industry has been observed to be cyclical in its financial performance. Four or five years of poor earnings precede five or six years of improvement. But profitability even in the good years is generally low, in the range of 2-3% net profit after interest and tax. In times of profit, airlines lease new generations of airplanes and upgrade services in response to higher demand. Since 1980, the industry has not earned back the cost of capital during the best of times. Conversely, in bad times losses can be dramatically worse. Warren Buffett once said that despite all the money that has been invested...more -
I would say that yes, aviation industry definitely seeing a slow down but every industry has its good and bad faces. didn't IT face a slow down, so we should see this as well in the light of events happened in History.
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