This report explores the latest aviation initiatives launched after January 2021, including British Airways' COVID-19 testing & hygiene service. It provides background information on the company, analyses the new service, and applies academic concepts and theories such as Schumpeter's theory of innovation and the disruptive theory of innovation.
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Research new initiatives in aviation that are about to launch or have been launched recently after January 2021
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Table of Contents INTRODUCTION..........................................................................................................................3 MAIN BODY..................................................................................................................................3 Background information on company.........................................................................................3 Researched new initiatives in aviation........................................................................................4 Analysed new product or service or route...................................................................................5 Academic concepts theories applied and acknowledged............................................................5 CONCLUSION...............................................................................................................................6 REFERENCES...............................................................................................................................7
INTRODUCTION Innovation is regarded as the significant aspect which is required to be undertaken in every business and organisation in order to attain business objectives and to enhance survival opportunities as well(Fu and et. al., 2020). The industry of aviation is associated with customers so the industry is providing such services to their customers in which higher benefits can be given to customers. This report is prepared in order to understand new service introduced by British airways named “COVID-19 testing & hygiene” in which testing approaches are added by the company so that toprovide very fast testing results to their passengers. The report is undertaking various aspects, approaches and theories used by the organisation within their innovation. MAIN BODY Background information on company British Airways is second largest UK based flag carrier which is based on fleet size and passengers as in comparison to easyJet. The company was founded in the year of 1974 and it is headquartered in London, UK. British Airways is the largest airline based in UK in the terms of size of their fleet, international flights and international destinations. Till the year of 2008 the company was the largest airlines in terms of their passengers. British Airways is holding United Kingdom Civil Aviation Authority which is a type A licence for business operation. The airline is having head office to Waterside which is near by Heathrow airport London.British Airways is having their main base in Heathow airport but at the same time the organisation is having prominent presence at Gatwick airport. In the year of 2014 the airline was advised to use flight paths in Iraq so that to maximise their market presence. BA CityFlyer is one of the prominent subsidiary which is offering flights from base location London to other 23 locations around Europe. The company is highly focused on serving their customers and to expand their business into leisure market by providing routes such as Ibiza, Palma and Venice. In the year of 2012 the company has taken over operations of the premium service between London city Airport and NewYorkJFK.BritishAirwaysisprovidingcargoservicesaswellwhichisgiving diversification to their business. In the current time due to COVID implication the company is minimised with their customers due to various restrictions imposed by countries(Mousavi and Bossink, 2020). Besides this as the company has to shut down their operations for some time due
to such restriction which is leading the company to face lesser profitability and sales. In this manner in order to manage this issue the company has come up with an innovation of providing very fast testing facilities to their customers. Researched new initiatives in aviation In the current situation of COVID-19 the major aspect was associated with health of people and this is the time when people are preferring to stay isolated rather than roaming here and there for no reasons. At the same time this is observed that due to large time of isolation people are willing to explore places(Sohn, Seamans and Sands, 2021). In the current time risk of COVID has increased but vaccination drives are helping this virus to slow down. Various measures are required to be taken by individual in order to prevent outbreak of virus. British Airways is trying to inculcate some of the innovation so that to convey their customers and to acquire newer range into the market. As the aviation industry is awaiting to complete roll-out of vaccine as testing of COVID is one of the important and critical measure which is restoring travel and aviation businesses are taking such measures and approaches so that to execute testing measure in such a way that no inconvenience to visitors. In the initial stage of pandemic the PCR test were seen to be used at commonplace but at the same timeBritish Airways has introduced COVID test results within 30 minutes. This test is giving fair results in this pandemic which is helpful for such aviation industry to fight towards pandemic. This test is providing appropriate health status to the travellers so that they can travel in effective manner without facing any issues(Leung and et. al., 2020). The owner of British Airways has said that testing is a much better way to deal with virus rather than going in a quarantine.There are various airports at whichBritish Airways gave this facilities such as Heathrow, Dublin and many more. With the help of such testing air transport may get higher dominance as technologies have emerged. Airlines and airports are trying to upgrading their services in such an innovative way which could be helpful forthem to acquire higher customer base and lead the market as well. In order to travel a passenger needs to have negative report and this is hard to get due to heavy number of people going for tests. The company have analysed that problems are being faced by customers in order to get this sort of report so the company provided facilities in which passenger will get privilege for testing and at the same time reports will be given within 30 minutes. This innovative service is executing in such a manner that this would be providing an
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appropriate insight to the customers and the company as well. Using this service British Airways can acquire higher market share and deal with their rivals as well. Analysed new product or service or route British Airways has come with a new service in which the company is providing rapid test results facilities to their visitors so that they can acquire appropriate facilities in travelling. The company is having various competitors such as easyJet and many others.This can be said that using such servicesBritish Airways can acquire differential edge in comparison to their rivals. In this manner the company can deal with market needs and demands so that they can get higher market share as well(Qiu and et. al., 2021). EasyJet is providing competitive services as compared to British Airways so in this manner British Airways is having opportunity to get higher displacement in their business and to inhale higher range of customers as well. By providing such testing services British Airways may get access to the market and in the same manner the company is having opportunities to get additional benefits out of the market. In the recent time customers prefer to use such services in which they feel ease, comfort and convenience(Lerner,Folkers and Fauci, 2020). This way using such service British Airways is leading the market and trying to inhale needs of their customers in their business function. This service may give such options forBritish Airways to exhale into the market and to provide diversified services to their customers. Academic concepts theories applied and acknowledged Schumpeter theory of innovation This theorystates that when an entrepreneur is trying to find out such innovation which are new and distinct then economic benefits can be received. The major function of an entrepreneur is to exert some new aspects through business so that profit can be enhanced and at the same time recognition can also be given to their venture(Yang, Gui and Xiong, 2020). This theory is directly linked with profits through using such innovations which are healthy and helpful in meeting market demands as well. This theory is also focused on developing such innovations which could lead to provide positive reasons for gaining business fluctuations. Disruptive theory of innovation This theory is associated with such phenomena in which using innovation market can be transformed. This theory of innovation is having capabilities of changing and acquiring needs of population so that competitors can be examined in a manner that would lead the business to grow
(Mahase, 2021). This theory of disruptive innovation is coherent in nature and helps in improving existing services and in this manner a business or institution may get to know about such need of innovation and aspects which are needed in order to develop their business insights. CONCLUSION From the above report this can be analysed that in current time innovation is such aspect which is needed by the organisation so that to meet their business objectives. In the context of aviation industry as the industry and businesses within this industry is working in order to provide support to their customer. Service industry is working in such manner that they can acquire needs and demands of their customers in appropriate manner and lead to gain business benefits as well.
REFERENCES books and journals Fu, X. and et. al., 2020. On-time performance policy in the Chinese aviation market-An innovation or disruption?.Transport Policy.95.pp.A14-A23. Lerner, A.M., Folkers, G.K. and Fauci, A.S., 2020. Preventing the spread of SARS-CoV-2 with masks and other “low-tech” interventions.Jama. Leung, E.H and et. al., 2020. Clinical and perioperative management in ophthalmology during the COVID-19 pandemic.International ophthalmology clinics.60(3). pp.141-158. Mahase, E., 2021. Covid-19: School staff testing positive for antibodies rose to around 15% in December. Mousavi, S. and Bossink, B., 2020. Corporate-NGO partnership for environmentally sustainable innovation: Lessons from a cross-sector collaboration in aviation biofuels.Environmental Innovation and Societal Transitions,34, pp.80-95. Qiu, R. and et. al., 2021. Green aviation industry sustainable development towards an integrated support system.Business Strategy and the Environment. Sohn, E., Seamans, R. and Sands, D., 2021. Local Technology Adoption and Innovation: The Establishment of US Airmail and the Organization of Aviation Innovation.Available at SSRN 3869801. Yang, R., Gui, X. and Xiong, Y., 2020. Patients with respiratory symptoms are at greater risk of COVID-19 transmission.Respiratory medicine,165.