Performance Analysis of Airline Services (A critical study of Global Scenario)

Airlines services are one of the finest an easiest mode of transportation across the world for the people flying to different countries. Most of the developed continents like Europe, Asia and America and many more countries have the best air services in the world today. it is very much needed that airlines sector must look into various aspects to promote efficiency and productivity in its operation. There are various issues like outsourcing, different types of business model, ownership and control, liberalization policy like de regulation, open sky policies etc are the core issues of this sector. There is a basic need of cooperation among different airlines companies which will make flying very easy task between the countries. One more aspects of satisfying the labor unions which is consider to the one of the strongest factor to be taken seriously by the different airlines company. It is expected that a good human practices is deliberately in a professional management style to affect the performance of the airlines company. A harmonious relationship between the management and union is the basic need of good management practices to motivate the employees to be productive at work. Besides this a good corporate governance provides mechanisms to ensure the management realizing their obligations in the form of return to composite the investment of the company. Corporate governance has direct impact on the performance analysis of the company. Different airlines companies have different cost structures with different governance models. The impact of airlines size is that large airlines tend to be allocative efficiently as compared with small airlines. Further it is expected that there are good strategic management practices adopted by different airlines companies to make his operations more efficient. The authors after making exhausted research feel that airlines services can be made as one of the best transportation industry in the world.