Aviation industry: 4 main modelling business you should know

Aviation industry: 4 main modelling business you should know

The aviation industry is attracting enough attention to talk about. Let us start with the term ‘Aviation’ which is often used to describe a mechanism of air transportation which is often done by using an airplane to transport passengers from one place to another by air. There are two types of aircraft in this case, that are airplanes and helicopters. However, this definition is not limited to both types of transportation such as drones, for example drones.

In the aviation industry, there are many types of airlines with different specification, each of which has its own characteristics. However, of the many existing airlines, it can be concluded that the airline belongs to one of the four main business models:

Aviation industry: 4 main modelling business you should know
Aviation industry: 4 main modelling business you should know
  1. Low cost airlines

Let’s start with the type of airline business model known as ‘Low Cost Aviation’. It is exactly what the name implies in an idea of ​​an affordable cost model based on lowering operating costs. Offering very low airfare prices aimed at attracting large numbers of customers using the airline service. This low-cost service business model does not include the additional services of the aircraft. So, it can be concluded that the business model with low cost of airfare does not include additional services such as seat selection, ordering food and drinks, and other extra services. Airplanes that are included using this business model include Southwest Airlines, Airasia, and Ryanair.

 

  1. Airlines with full services

Airplanes using a full-service business model are usually ex-state-owned aircraft. Which are already independently owned or may have airline status that is still under state ownership. However, this is not always the case with aircraft in all countries of the world. What can be used as a benchmark is the striking character of providing full service. Which is included in the price of an airplane ticket. This means that a customer buying a ticket at a certain price is entitled to the services offered by the airline.

Aviation industry: 4 main modelling business you should know
Aviation industry: 4 main modelling business you should know
  1. Chattered airlines

Chartered aircraft as an aviation business model focusing on the needs of seasonal customers which airplane tickets can be purchased from several agencies that have collaborated with airlines. Chartered aircraft services with this business model usually operate trips that have been planned by customers through designated ticket sales agents. The good things are that the customers can enjoy the full services offered by the airlines. One of the airlines that uses this business model is TUI Airways.

  1. Cargo/goods carriers

The last review of the airline business model is cargo or the transportation of goods. This type of flight is in charge of transporting goods by air. Usually these flights are scheduled to operate at night. Some operators are only limited to transporting goods from one airport to another, but many other operators are also working on transporting goods by land. Operators that focus exclusively on freight cargo such as UPS Airlines, DHL Aviation and FedEx Express, http://139.180.223.65. In addition, there are several well-known airlines which are also passenger service subsidiaries for example Delta Air Freight, China Cargo Airlines and Emirates SkyCargo.