...The Boeing Company, Part II Political The Boeing Company is very involved in the politics of the industry. Therefore, Boeing has a Government Operations office located near Washington D.C., and the office serves the company in three ways. One way is that they work with government officials and organizations to protect and advance the company's interests, competitiveness, and reputation. This is very important because as the world’s largest aircraft manufacturer, Boeing does not want to get surprised by a policy or rule that could hurt the company. In addition, another service is to win government contracts. Recently, Boeing won a contract with the U.S. Navy for an order of 20 P-8A airplanes for $2.5 billion (Smith, 2016). Due the location of the office, Boeing was able to secure this contract, as well as many others over the history of the company. Lastly, Boeing and the government works hard to shape public policy issues that impact the company. The office works with public officials across all levels of government, federal, state and local, to work with the government to be compliant. Boeing’s team also works with various third party organizations such as associations, public policy groups, and international organizations (Boeing, 2009). The effective income tax rates for 2014, 2013, 2012 were 23.7%, 26.4% and 34.0%, respectively. Boeing’s 2014 effective tax rate was lower than 2013 primarily due to tax benefits of $265 million related to tax basis adjustments and $259...
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...BOMBARDIER Trevor Davies Steve Bernier Paul Gos Jeff Cosentino Bombardier Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment. It is also a provider of financial services and asset management. The Corporation employs 79,000 people in 24 countries in the Americas, Europe and AsiaPacific Objective The goal of Bombardier is that the company and management team wish to downsize the company in order to have financing for other projects that they are currently researching. That’s why they sold the recreational division (snowmobiles). Joseph-Armand Bombardier History of Bombardier 1942 - Joseph-Armand Bombardier founded a company in Valcourt, in Québec's Eastern Townships Manufactured tracked vehicles capable of transporting passengers on snow-covered terrain. First commercial vehicle was the B-12, which was used to haul wood, carry mail and transport students in rural areas. 1959 - mass-production began of what today is considered the true forerunner of the Ski-Doo snowmobile. January 23, 1969 - listing of Bombardier stock on the Montreal and Toronto stock exchanges and public offering of two million shares. 1972 - Creation of subsidiaries Bombardier Credit Ltd., in Canada, and Bombardier Credit Inc., in the United States 1973 - Energy crisis precipitated a decline in the snowmobile market, thus forcing Bombardier to look for another field of activities...
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...Indian Aviation Industry Name: .................. Guide: Prof. ......... Roll Number: ..... Session: .............. Dept.: B.Com PREFACE This training manual introduces Aviation Industry.The module is meant to give all its users a firm grounding on Aviation Industry. The manual starts with the key concepts of basic Information of Aviation Industry.A major portion of this material revolves around goals & objectives of Aviation Industry. The next part of this manual covers Air facts. Final part of this book deals with benefits of Aviation Industry. The material also offers in-depth coverage of the issues related to uniqueness of aviation industry. It contains related examples and real life scenarios. Target Audience * Enrolment Operators * Enrolment Agency Supervisors * Registrar’s Supervisors * Introducers * Technical Support Staff Dependent or Related Modules To read this manual, no prior knowledge about Aviation is required. This is the first Module of the training program on Aviation and is common for all participants. All the following modules presumes that this module has been completed by the participant. ACKNOWLEDGEMENT At the successful completion of this project, I would like to express my sincere gratitude to all the people without whose support this project would not be completed. At the onset, I would like to thank my institute “St. Xavier’s College, Kolkata, the Principal Rev. Fr. Dr. J. Felix Raj S. J. and...
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...Vijay Mallya dominates India’s drinks market, owns the Royal Challengers Bangalore cricket team of the Indian Premier League and a Formula One team Vijay Mallya, his diamond ear studs gleaming, is in high spirits, ensconced in a leather chair in the small office of his private jet, winging its way towards Mumbai after a 34-hour whirlwind visit to New Zealand. The Airbus is liveried in the bright red of his Kingfisher Airlines, with his initials, “VJM”, painted in gold on the engines and wingtips, embossed on the leather seats and decorating the China dinnerware. The plane’s cargo hold is filled with typical New Zealand tourist takeaways: cases of Pinot Noir and lamb chops. More ON THIS STORY Chinese tipple heads west Lex Drinks companies Scotch sales leave champagne flat The public image Guinness Diageo, Pernod deny smuggling But it is the aircraft’s main passenger cabin – a thickly carpeted, faux living room with a bevelled-glass drinks cabinet, a small photo of Mr Mallya’s three children and paintings of Hindu deities by 19th-century Indian artist Raja Ravi Varma – that carries the real prize of Mr Mallya’s trip. Two bright red, padlocked temperature-controlled hampers hold three bottles of “Mackinlay’s Rare Old Highland Whisky”, abandoned in Antarctica more than a century ago by the British explorer Sir Ernest Shackleton. The Antarctic Heritage Trust, the body charged with preserving the legacy of early polar explorers, discovered abandoned spirits frozen in the...
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...1. Introduction My topic will deals with the aeronautics industry and especially planes and helicopters in the world. Through my last experience in Eurocopter-EADS, I discover the aeronautics industry as a complex web and as an important economic factor. This industry also reflects the economic and technological progress of an entire country. Contrary to others industries like automobile, there is only few manufacturers which deals with an international market with many different segments. 2. Market The market is divided in two major distinct parts: civilian and military, plus the kind of aircraft (exhibit 1). Politics and government is major stakes in this industry, especially on the military side. The expenditures are programmed by government and they also support the promotion abroad. Before each command, it is usual that head of state meet before signing a contract on planes or helicopter, as the case between France and his competitor for the Brazilian air force. Each contract takes several years to be complete more the time to build up the product. The current economic situation has a strong impact on aeronautics companies, even if commands books are full for several years, some cancelation thus development delays deeply impact their economic situation, For the civilian side the tendency for the transportation of people or goods by plane suffer from a decrease of activity. On the military side, it seems that more the economy decrease, the more military industry...
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...BCCA’S INSTITUTE OF MANAGEMENT STUDIES Nesbit Road, MAZAGAON, MUMBAI – 10 V SEMESTER :______________________________________ NAME OF STUDENT : CLASS : T.Y.B.M.S DIV : 000 SUBJECT : 0000000000 TOPIC : RISE & FALL IN THE AVIATION INDUSTRY NAME OF PROFESSOR : 000000000 ____________________________ _____________________________ SIGNATURE OF STUDENT SIGNATURE OF PROFFESSOR ________________________ _______________________ MAX. MARKS OBT. MARKS ABSTRACT OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO...
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...Jordan Gabson Writing and Rhetoric Tuesday April 30, 2015 Democracy vs. Communism Communism has always been used as secret weapon to make the poor believe that being rich is inappropriate, and that the poor have less because the rich people took the money away from them. In reality, the communist government wants to take the money from the wealthy to make the governing body itself rich. Democracy, on the other hand, promotes capitalism, which allows economic freedom, which helps political freedom; efficiency, economic growth, and everybody having the opportunity to start the business that he or she desires. Communism and democracy are two different ideologies that have each had a great impact in the world. Communism can be defined as a socioeconomic structure that stands for the establishment of classless, egalitarian and stateless society. Democracy, on the other hand, is a political system of governance either carried out by the people directly or by elected representatives. “Democracy may not be the perfect form of government, but sure it is way better than communism” said Jones in his journal, Power and Democracy Education Every single human being in the world knows that this is not true. Everybody knows that communism is a secret weapon that the rulers in the countries where communism is practiced use it to enrich themselves, their families and their friends. Communism is...
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...CASE STUDY IMAGE MAKEOVER AT INDIAN AIRLINES The Indian Aviation industry is the fastest growing market in the world after China and Japan. Until the liberalization in the early 90’s, the Indian Civil aviation Industry was controlled by the government of India. In the mid 90’s, the airline Industry opened up with the entry of new private carriers. Industry figures indicate the domestic passenger segment growth to be at 12% P a. and growth for international segment at 7%. A report from the Ministry of Civil aviation estimates that by the year 2010, 25 to 40 million international passengers will fly through Indian airports, while around 45 to 70 million passengers will be flying in the domestic front. At present, the market leader, “Jet airways” along with “Air sahara” controls 46% of the Market share, while “Indian”controls 25%. “Air Deccan controls 13% and Spice jet 6% with Kingfisher having 8% share. Indian Airlines commenced operations in the year 1953, with an initial capital of Rs.3.25 Crores, under the Air Corporation Act. It was formed by nationalizing and merging a group of eight airlines. The Airline was primarily interested with the task of serving the domestic sector and neighbouring countries. Over the years, combined with Air India, it had a near total monopoly over the Indian Skies. On December 7, 2005, Indian Airlines went in for a name Change and has dropped the word “Airlines”. It is now known...
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...His house was a large mansion sitting on 10,000 acres of forest and rolling fields. Smudge’s kitchen was a mile away because he hated the heat from the ovens. But, luckily he wasn’t hungry and he decided to take a trip to China. He packed his whole closet including eleven pairs of shoes, fourteen pairs of pants and nine pairs of shirts. Since Smudge was a superhero he got a first class plane ride. It had TV’s, Hot Chocolate and reclining...
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...China research – Bullet 5 Demographics Political and legal environment in China make it very volatile for business outside of the country. China is undergoing massive urbanisation with millions (160m) of people moving from rural to urban environments. However the mass industrialisation comes with a lot of pollution costs. The urbanisation is pushing up consumption per person but also increasing income per person. Population in China is suspected to reach 1 billion by 2030. The scale and pace of China's urbanization continues at an unprecedented rate. If current trends hold, China's urban population will hit the one billion mark by 2030. In 20 years, China's cities will have added 350 million people more than the entire population of the United States today. By 2025, China will have 221 cities with one million–plus inhabitants—compared with 35 cities of this size in Europe today—and 23 cities with more than five million. For companies in China and around the world, the scale of China’s urbanization promises substantial new markets and investment opportunities. Yet the expansion of China's cities will represent a huge challenge for local and national leaders. Of the slightly more than 350 million people that China will add to its urban population by 2025, more than 240 million will be migrants. This growth will imply major pressure points for many cities including the challenge of managing these expanding populations, securing sufficient public funding for the provision of social...
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...of dominance of the industry by British Airways. The company was established as the “offshoot” of virgin group which as at then was a key player in the pop and rock music. Since it was founded, it has enjoyed great success and rose to become Britain second largest carrier with more than 9000 employees and estimated to have carried more than 53 million passengers since it first operation in 1984(BBC Business, 2013). The ownership of the company share between virgin group who owns 51% and Delta airline owned 49%, an arrangement that was concluded in 1999 to form a more formidable global partnership; it has its corporate head office in Crawley, England. Gatwick remain the main base of VAA and operates a mixed fleet Airbus and Boeing wide-body jet between UK, North America, Caribbean, Africa and Middle East, it also operates from London Heathrow and Manchester which serves as its secondary base. Virgin Atlantic Airline has a mission to grow profitable airline where people love to fly and where people love to work. TASK ONE 1A: Purpose and objectives of (VAA) with Fire service. Organizations are into operation for various reasons; this could be for the purpose of making profit or for service rendering purpose. The legal structure which business chooses is fundamental to the way it operates, who shares in the profits and loss, tax to be paid and where legal liabilities rests are...
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...AMERICA’S ECONOMY 1. America’s economy is remaking itself led by the private sector 2. Until 2008 growth relied too heavily on consumer spending and house-buying, both of them financed by foreign savings channelled through an undercapitalised financial system 3. Recoveries from debt driven burst always take a long time as households and banks repair their balance sheet. 4. NOW SCENARIO: * America’s houses are now amongst the world’s most undervalued (19% below fair value). * American banks have written off debts and raised equity faster than Europe because of the regulators * American capital ratios are among the world’s highest. And consumers have cut back, too: debts are now 114% of income from 133% in 2007 * EXPORT STRENGTH: The weaker dollar explains the decrease in trade deficit from 6% of GDP to 4% * richer China has become the third-largest market for America’s exports, up 53% since 2007 * American exporters are changing. Some of the products—Boeing jets, Microsoft software and Hollywood films—are familiar. But there is a boom, too, in high-value services (architecture, engineering and finance) and a growing “app economy”, nurtured by Facebook, Apple and Google, which employs more than 300,000 people; its games, virtual merchandise and so on sell effortlessly across borders * American manufacturers are recapturing some markets once lost to imports, and pioneering new processes such as 3D printing. * Net imports of oiil by...
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...words “Shell”, “we”, “us” and “our” are used in some places to refer to the Group and in others to an individual Shell company or companies where no particular purpose is served by identifying the specific company or companies. Limited, its affiliates and their respective officers, employees and agents represents the accuracy or completeness of the information set forth herein and none of the foregoing shall be liable for any loss, cost, expense or damage (whether arising from negligence or otherwise) relating to the use of such information. Introducing our Global Business Environment To use the metaphor of air navigation, the work of the Shell Scenarios team is designed to help charter routes across three interrelated levels: the Jet Stream level of long-term predetermined trends, uncertainties, and...
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...Aviation Industry Information The airline industry provides transportation services for passengers as well as cargo through scheduled air routes. The aviation industry derives its revenues from regular ticket fees and freight charges. Other major components of the aviation sector include: • Air traffic control • Helicopter and private charter services • Airport management • Express delivery service History of the Airline Industry The pioneers of the airline industry, the Wright Brothers invented the first airplane in 1903. The first modern airliner, Boeing 247, was launched in 1933. It traveled at 155 miles per hour and had a capacity of ten passengers. Boeing 747 was launched by Pan Am in 1969. This highly sophisticated aircraft had four engines and a seating capacity of 450. The airline industry initially fell under the category of a public utility service, with government agencies establishing the air routes and prices. However, with the Airline Deregulation Act of 1978, the industry became market driven. Demand and Supply Drivers of the Airline Industry The demand drivers of the airline industry include: o Ticket prices o Passenger income levels o Access to and suitability of other modes of transportation o Frequency of services • Safety • Random factors such as terror threat The supply...
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...wheels of freedom The bicycle was the rhythm of life for the people of china. Bicycles were used as means of transport. It is mentioned in the article that “China is a country with only few thousand privately owned cars, but on the other hand they have 220 million bicycles- vastly more than any other nation”. China did have buses, subway, train, and taxi to transport but mostly people prefer to paddle (ride their bicycle) to work, school or, anywhere they go. “Bicyclist carried messages from university to university”. Importance of bicycle in China. On the other hand North Korea the capital of China banned the usage of bicycle. Importance of bicycle in China. As I mentioned above, that China is the country with the highest bicycle in the nation (220 million) and with only few thousand privately owned cars. Most of the population in china preferred to ride their bicycle mostly everywhere. As for example, Martial artists rode to practice with swords strapped to their bicycles. Women in jet-black business suits pedaled their daughters to school. Boys fished beside parked bicycles at placid lakes. Bakers in white toques headed for work on transport tricycles. In U.S.A we have car companies like BMW, AUDI, Honda, Toyota, but on the other hand Chinese people have brand names in bicycle. Even professors commute on bicycle. I was amazed when I read that people even travel 22 to 50 mile one-way. In China when the prohibition was going on people had no choice but to try to stop...
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