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Engineering and Construction
Pages 5 (1255 words)
Name: Instructor: Course: Date: Economics of Air Transport Introduction Studies on Bahrain Airlongways reveal a diminishing financial performance in the past few years at an extraordinary fast rate. The air transport organization has been compelled to use extra sources of funding in attempt to preserve its position in the market, including disposal of its fixed assets…
There are certain factors influencing and perhaps hindering the continued growth of this air transport company. These factors include negligence of the procedural strategies in operating the daily functions. They are flexible factors that can easily be changed to turn the dwindling situation into a benefit. It can be worked out and through critical analysis of the entire organization. If the further studies discover that the expenditure is more than the income, the resultant effect is operational losses. The losses resulting from the summary of the present events at the Airlongways Bahrain could have to be closely associated with inadequate management, which could have led to poor decision-making and of course failure to achieve the strategic objectives. The major target of this research is to formulate more flexible and sustainable methods of ensuring that Airlongways Bahrain earns profits every year. Of course, every profit making organization aims at the achievement of high levels of profitability in whatever business they are engaged in and to maintain the standard of profit making. ...
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