Institute of Aviation Studies (IAS)

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    Feasibility report for starting new airline (Final year project)
    (University of Management and Technology, 2017) Tauseef, Fahad
    The airline industry is generally generating profit from the customer, the less the turnaround period, the more airline generate revenue. The longer the aircraft remains on the around, the bigger they have facing loss at the time. The more the aircraft is in air and doing it operation, the more they are achieving profit. Pakistan Civil Aviation Authority is the regulated body which makes rules and regulation as per the requirements given by the ICAO. The Airlines must have to meet the given standards while keeping the facts and figure among them. The competition has been increased after the approval of deregulation concept in Chicago Convention, 1944. In between the 2012-2016, many of the airlines came into being the competitive environment of Pakistan in which Bhoja Air, Air Indus are the main lead. Bhoja Air and Air Indus has been ceased its operation due to not meeting the quality and safety standards which are given by the CAA. This research is entirely basis on the airline industry of Pakistan in which I have discussed about the requirements of CAA for starting a new L.C.C and how to start its operation. For starting the operation, we must have capital with us along-with the suitable aircrafts. The research is also being done to identify the competitive analysis of Airlines in Pakistan. This report has cover major topics which can minimize the issues and the difficult situation which will be facing during the entry in the aviation industry. Overall financial statement requirements has been done in the project in which I’ve discussed that at where the cost might be incurred.