Aviation Management and Economic Establishment in Australian Aviation

This report provides an in-depth analysis of aviation management and its economic establishment within the Australian context. It begins with a historical overview of aviation, tracing its evolution and significance. The report then delves into aviation management and regulations, exploring the operational aspects and the roles of various carriers, including integrated, charter, and scheduled carriers. It highlights the economic footprint of the aviation industry, including investment values, GDP contributions, and tax revenues. The report also examines aviation economics, discussing factors like investment in air transport services, productivity, and revenue generation through passenger classes and cargo operations. Furthermore, it analyzes long-term business growth, cost understanding, and the impact of deregulation and open skies agreements. The report concludes by emphasizing the importance of regulating the international aviation system for economic development and the potential for success in the cargo charter plane business through effective management and operation.

Running head: AVIATION MANAGEMENT AND ECONOMIC ESTABLISHMENT
AVIATION MANAGEMENT AND ECONOMIC ESTABLISHMENT
Name of the Student
Name of the University
Author Note

1AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Executive Summary
The report has surfaced the aviation process and their economic influence in Australian
aviation. The brief history of aviation has been discussed here. The importance of aviation
and evolved determination of price standing and their involvedness has also been discussed
here. The operation management and rules and regulation of the aviation process with the
hypothecated economical transaction are being determined by the statistics. The report also
shed light on the long term business goal and the possible implications of the business that
can be done so that appropriate policy is being undertaken. Thus, the overall business
operations and understanding gives an effective knowledge in aviation system of their
influence in the modernization of transportation.

2AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Table of Contents
Introduction................................................................................................................................3
History of Aviation....................................................................................................................3
Aviation management and regulations.......................................................................................3
Aviation economics....................................................................................................................5
Long term business growth and cost understanding..................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................8

3AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Introduction
The aviation industry is one of the fastest growing industries in the globalized
business scenario. The operational management team and general manufacturer association
team involves for the betterment of aviation components and equipments. This is the
modernizing process to build the business in a strong economical way. 34% of the world
trade has been done by air. So, the aviation is the most progressing business that comes
across to enhance the business market scenario. Aviation has a long history and traditional
make over that noted the traditional change in the business scenario through aviation.
History of Aviation
In 1903, when Wright brothers had invented the first plane was the most revolutionary
step in the modernization. The English Channel, International flight, and Airmail route all
these enrich the quality and procedure of air transportation. In 1946 International Air
Transportation Association was started in Bermuda Conference. Hence, these are the
conventional overcome that evolved high price and lucrative facilities and easy
transformational journey. In this business report the cargo operation has mentioned which has
started for World Trade agreement (Baker, Merkert and Kamruzzaman 2015). Air- eligible
commodities are being transported by the cargo process. There are high-value planes that
used for the urgent basis and for essential works.
Aviation management and regulations
Aviation management is depending on certain industrial areas, employees' culture,
and resourceful factors. Trade balance, Employment, Development and Research and
Innutritious impact create the representative factors that provide effective enhancement of
significant contributions. The accumulation of technology and skill with industry capital can

4AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
make legitimate demand in the market and also input sustainability for the proper program
initiation. There are three forms of air cargos mainly available. Integrated Carriers, Charter
Carrier, and Scheduled Carriers (Booth et al. 2014). In cargo there are several characteristics
like correlation and traffic balance is maintained. They are lighter than normal planes. For
managing the cargo in between the mines light cargos should be used where huge weigh can
be sustained. Airlines of Australia have 58 million registered passengers and 154 thousand
tonnes to flight in the year. Thus the chosen report of 300 nautical miles is being covered
very easily by the air cargo as the established people and the expected weight is easily
considerable of that air cargo. Hence, as 10 workers are there for travel and all they have to
go from one mine to another. So 300 nm can be travelled in daily basis for quite a few time.
The domestic range signifies 65% of regional distributional and the other places have the rest
(Burgess 2016). Almost AUD 7.0 billion rupees are directly contributed to the GDP of
Australia and access in a supply chain.
Figure 1: Economic Footprint
(Source: Created by Author)

5AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
In another aspect of management, people use the aviation process in an effective way
and the situation is determined by the scenario of five main largest airports of Australia.
Table of Charter Operational Cost in Australia
Costs of running a charter operation Numerical Cost
Financial Cost $7000
Depreciation $2238
Berthing $60 (per week)
Insurance $93,000 (Replacement Cost)
$460
Annual Slipping $30 to $40 (for own workers weekly)
Engine Maintenance $500
Enhancement $1000
Registration $300
Fuel $30 (For every day basis)
Safety $174
Total 12,758
( Excluding Replacement Cost and
taking the minimal remuneration for
the workers)
Aviation economics
Australian airlines have the greatest investment comparing to the world. They have all
the amenities and have the best Airbus facilities that give the best productivity in their share
and GDP. The invest value in output is 29.1% in air transport services where 28% has been
invested in the Australian economy (Michalski and Bearman 2014).

6AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Figure 1: Investment Economy
(Source: Created by Author)
The productivity ranges 205 AUD for the transport service in airbuses and in reply the
economy strengthens 113 AUD. Thus, approximately 1.8 times high revenue has been
generating by the process. Total tax footprint for the aviation is 9.2 billion AUD which
includes all the taxes and services from the government. There are some important air freight
carriers like Lufthansa, Delta, UPS, FedEx, British Airways, Airborne, Cathay Pacific all
these have separate weight measurement and as the weight will be decided by two ways,
Dimensional weight and Stacking losses (Franks, Hay and Mavin 2014). The economy can be
divided by rates and factors.

7AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Figure 1: Regional Distribution of Australian Airline
(Source: Created by Author)
As there are classes like Executive class and Economy class so the differentiation
process is there and that maximizes the revenue and gets the premium amount from there.
Rates like $20 to $30 for each passenger in every day basis along with gears. Gears are 30 in
kg in maximum basis so this amount of work load can be sustain in this kind of planes.
Aviation economy can be enhanced if the fast reliable source of authentication can be used
(Goeters 2017). The practical enhancement and the global outstretch in business is base on
the development of rising opportunities in Australian aviation. The connectivity and
productivity of GDP have engrossed the turnover and the aspect ratio that contributes the
principal in the aviation process.
Time table and chart of the daily flight
From To Depart Duration Return Passenger Class
Sydney,
Australia
Brisbane 06:05 am 1 hr 30 min 07:35 10
Passengers
Economy

8AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Long term business growth and cost understanding
There are relevant modes of cost and growth analysis which give federal benefits in
aviation process. The circulation and presentation of aviation process lead to emphasizes and
provide evidence for the appropriate issue and discussions. There is some analyzed long
business growths terms like Airline Deregulation act 1978, US or Open Skies agreement are
the long term issue is that have to select for the betterment of liberal policies and
completions. All the scheduled time stature of cargo departure and arrival time is also
provided so that workers know that speculated time for where and when they have to go.
Increasing demand for their service, competitive nature of the service and the carrier
integration is the best way of deliverance that impacted the issue of aviation process (Gregson
et al. 2015). The cost analysis and alliance mode of transportation has made the beneficial
agreement which reflects the increasing interline expertise to enjoy the ride and agreement of
the business (Parker 2016).
Conclusion
Therefore, the report can be concluded that regulating international aviation system is
important and essential for the development of economic assistance. The economy can be
generated by the effective use of the traditional concept and entrenched ideas of development.
The aviation process and conviction of the level of operation standing regulated the
Australian progress of aviation. There are certain domestic and government reservations that
include the market change aspect and relevant scheme for willing opportunities of re-
examining the aspects of the aviation industry. The business of this cargo charter plane can be
successful if this procedure of management and operation level can be maintained.
References

9AVIATION MANAGEMNET AND ECONOMIC ESTABLISHMENT
Baker, D., Merkert, R. and Kamruzzaman, M., 2015. Regional aviation and economic
growth: cointegration and causality analysis in Australia. Journal of Transport
Geography, 43, pp.140-150.
Booth, T.H., Raison, R.J., Crawford, D.F., Jovanovic, T., O’Connor, M.H., Raisbeck-Brown,
N., O’Connell, D.A., Hogg, B.W. and Lee, D.J., 2014. Biomass for aviation fuel production
in the Fitzroy Basin, Queensland: a preliminary assessment of native and plantation forest
potential. Australian forestry, 77(1), pp.1-8.
Burgess, S., 2016. Book Review: Competency-Based Education in Aviation: Exploring
Alternate Training Pathways. International Journal of Aviation, Aeronautics, and
Aerospace, 3(3), p.10.
Franks, P., Hay, S. and Mavin, T., 2014. Can competency-based training fly?: An overview
of key issues for ab initio pilot training. International Journal of Training Research, 12(2),
pp.132-147.
Goeters, K.M. ed., 2017. Aviation Psychology: Practice and Research. Abingdon: Routledge.
Gregson, S., Hampson, I., Junor, A., Fraser, D., Quinlan, M. and Williamson, A., 2015.
Supply chains, maintenance and safety in the Australian airline industry. Journal of Industrial
Relations, 57(4), pp.604-623.
Michalski, D.J. and Bearman, C., 2014. Factors affecting the decision making of pilots who
fly in Outback Australia. Safety Science, 68, pp.288-293.
Parker, G., 2016. Overkill?: aviation law. Without Prejudice, 16(5), p.34.