Cost of Operation Research Paper Example | Topics and Well Written Essays - 1500 words

Cost of Operation - Research Paper Example The final factor that needs to be bought to one’s attention is flexibility which can be defined as the ability to support a change in business. If a company is not able to control these five operational performance objectives then clearly it won’t be an easy job for it to thrive in this already competitive industry. This essay discusses all these factors in relation to Airblue and gives a clear application of the five operational performance objectives to its business. I chose AirBlue for this assignment in view of the fact that it is one of the most renowned names when it comes to the airline industry and because I felt I would easily be able to explain the effect of these factors on its operations with sufficient detail. Airblue was launched in 2004 when the local market started witnessing an increased demand for high quality travel. The company’s ownership includes a group of top class investors with Mr. Tariq Chaudhary having a majority stake alongside holding the position of CEO and Chairman of the Board of Airblue. The company is registered as a private company and has its registered office in the famous towers of Islamabad Stock Exchange. The airliner has also successfully been able to obtain the IATA and ICAO airline designations. Currently it has a fleet of 14 Airbus A319 and A321 planes. Ever since its launch, the airliner has continually stretched out its operations and fleet in line with an ever escalating demand for the high quality flights it provides. Although initially it served only to customers travelling within Pakistan, the company has now expanded its operations by offering international flights to Manchester, Dubai, Abu Dhabi, Sharjah, Oman and Muscat. According to many market analysts, the focal reason for the airline’s success has been its provision for high quality travel at an