Premium Essay

Adam's Aircraft

In:

Submitted By av3366
Words 273
Pages 2
Preparation Questions

1. What is Adam Aircraft’s business model?

A. Adam’s Aircraft’s business model is the Revenue and cost model. He wants to sell all the A500 as personal aircrafts, A700 as business aircrafts and sell the variants of the two as service aircraft. He also wants to reduce cost of goods sold by innovating on materials for building the aircraft, on streamlining the design process, the use of modularized parts and the use of transferable technology.

2. Do you believe that Rick Adam can bring a new aircraft to market for so much less than conventional wisdom says it should cost?

a. What are the factors that are critical to the success of Adam Aircraft?

A. The main factors those were critical for to the success of Adam Aircraft are Human Recourses, having own initial funding, Founders experience, general knowledge about the industry and the product, hard working support team, low cost and very few competitors.

b. Which of those factors are biggest risks?

A. The biggest risk is to 1. Invest your own money into the company, 2. The first mover according to the engineer and low costs, 3. Demand and competitors. c. What can he do to control those risks?

A. He can diversify a funding portfolio and be critical to his own knowledge and hard work.

3. If you were a potential investor, how would you compare the potential risks and rewards from an investment in Adam Aircraft with an investment in Jim Poss’ company (Seahorse Power Corporation)?

A. If I was an investor I would invest in Adam Aircraft due to having low cost and more

Similar Documents

Premium Essay

Bombardier Case Study

...industry leaders when it comes to manufacturing of planes and trains. Statement of the Problem: As one of the industry leaders, how can Bombardier sustain its market holding amidst rising competition? Objective of the Problem: To be able to identify a market strategy that will help Bombardier sustain or even increase its market share in the industry. SWOT Analysis Strengths: • Knowledge, Expertise, and Adaptability to Customer Demands Bombardier knows what and how to give what its customers want. It offers the perfect ingredient which is important to any transportation business: fuel efficient with low operating costs. It gives importance to its customers’ specifications. It asks where and when its aircrafts will be used. Bombardiers offers wide array of products and services such as manufacturing commercial and corporate planes. Users of its corporate planes may be part owners when they have 50 or more flight hours. In addition, if customers occasionally need a private plane for specific trips, they may avail of Sky jet charter program. These are just few of the services Bombardier offers. With the upgrading of infrastructures in many urban countries these days, booming of rail transportation is inevitable. Bombardier used its expertise in major concerns when it comes to purchasing rail transportation products. It focused on quality, reliability, safety, and prices. With these, Bombardier was able to close contracts with the government...

Words: 1340 - Pages: 6

Premium Essay

Musta

...While looking around to find an article about a decision an airline has recently made, I came upon this article that read: “Iraqi Minister’s son misses flight, forces plan back”. Although this was not a decision made by an airliner, rather it was the decision made by airport managers that affected an airline. According to the article, a Middle East Airlines plane flying from Lebanon to Iraq on Thursday turned back after the Iraqi transport minister's son missed the flight and phoned Baghdad to stop the aircraft from landing (airwise, 2014). Marwan Salha, acting chairman of MEA, told Reuters the flight, scheduled to leave at 12:40 local time, had been delayed for six minutes while MEA staff looked for Mahdi al-Amiri, son of Hadi al-Amiri, and his friend in the business lounge."We made the necessary announcements and the last calls," he said. "The plane took off but one of the passengers turned out to be the son of the minister of Iraq."Salha said that when Amiri arrived at the gate he was angry and said: "I will not allow the plane to land in Baghdad."Twenty-one minutes into the flight, the Baghdad airport station manager called MEA operations to tell them there was no clearance to land, Salha said. The plane then returned to Beirut and the passengers disembarked. When I first read this article I was like: “Are you kidding me? A flight had to turn back to where it came from just because the so called minster son missed the flight.” I mean, I agree with the decision made by the...

Words: 374 - Pages: 2

Premium Essay

Ryanair Case Entrance Strategy Analysis

...and its path to an incredible leadership. This, however, was not that clear if we consider the company’s situation in the very moment when it all started. In this brief work we will try to analyze Ryanair’s strategy, disposing only of the data that was available to the company back then and we will try to estimate if this strategy is going to be successful. In order to do that we will describe the industry using Porter’s five forces and generic strategies framework. Industry examination: Suppliers: The importance of suppliers in this industry is huge due to a limited number of possible solutions that in some cases is close to a monopoly. Main suppliers are fuel and oil providers, unions of staff and pilots, airports, companies that lease aircrafts and specialized personnel like technicians or engineers. Most of them are unique and work with major airlines and a small airline, operating in one connection has no power to negotiate any conditions. The only way for an airline to dispose its self of their influence is backwards integration. New entrants: Airline industry is a particular case in which we can observe some really strong barriers of entry. On one hand, the cost of an air fleet, though planes can be leased, and salaries of the crew are very high. On the other, the cost of change, from the psychological perspective, was relevant back then, when this industry had just been deregulated. Also strict legal regulations and contracts that need to be undersigned with every airport...

Words: 1166 - Pages: 5

Premium Essay

Analysis

...now travel by other modes of transportation to switch and fly 'Trans Western' on this route. In addition, the airline expects to attract business travelers during the hours of 7 am to 6 pm on Mondays through Fridays. The fare price schedule or tariff would be designed to charge a higher fare during business-travel hours so that tourist demand would be reduced during those hours. The company believes that a business fare of $75 one way during business hours and a fare of $40 for all other would result in the passenger load being equal during business-travel and tourist -travel hours. To operate the route, the airline would need two 120 passenger jet aircraft. The aircraft would be leased at an annual cost of $3,800,000 each. Other fixed costs for ground service would amount to $1,500,000 per year. Operation of each aircraft requires a flight crew whose salaries are based primarily on the hours of flying time. The costs of the flight crew are approximately $400 per hour of flying time. Fuel costs are also a function of flying time. These costs are estimated at $500 per hour of flying time. Flying time between Phoenix and Las Vegas is estimated at 45 minutes each way. The costs associated with processing each passenger amount to $3. This includes ticket processing, agent commissions, and variable costs of baggage handling. Food and beverage service cost $7.80 per passenger and will be offered at no charge on flight during business hours. The cost of this service on non-business...

Words: 482 - Pages: 2

Premium Essay

Management

...strategy. The family type culture and approach to recruiting employees with the right attitude ensures a low turnover for the company and an attitude that fosters employees helping out wherever they are needed is a great example of cross-functional systems enabling strategy implementation as identified by Beer (2000). The strategy of gradually expanding into new geographic markets and adding flights to areas where other providers were cutting back have helped ensure Southwest achieves high levels of market saturation in its current markets. Combined with curtailing flights on marginally profitable routes these strategies have enabled Southwest to gain better productivity from their fleet of aircraft. Strategies focusing on low operational cost methodologies such as single model aircraft fleet and fuel hedging have enabled the airline to effectively implement its low-cost strategy. A strong focus on vertical communication within the organisation along with a relatively flat structure and approachable management team enables the organisation to become aware of issues and address them in a timely manner. This cultural aspect...

Words: 382 - Pages: 2

Free Essay

Kfc History 2010

...design monoplane wing designed aircraft. Hargrave based his inventing by ‘following the footsteps of nature’ inspired by the motion of fish, snakes and birds. 1893, 1894 Hargrave invent the box kite and following year in 1894 he flies for a short period using a ‘train’ of four box kites. 1910 The first powered, control flight is demonstrated by a visiting Harry Houdini in Victoria and again at Rosehill in Sydney. 1912-17 In 1912 the Australian Flying Corps, AFC, in 1912 led the path aircraft for military purposes. The aircrafts were applied in 1914 and again in 1916 for war purposes. In 1916 the importance of aircraft was realised and the NSW Aviation School was formed to train civil and military aircraft, located at Richmond. Post war saw the aircrafts as a form of transport between Sydney and Melbourne in 1917 using a Curtiss Jenny and Caudron G111. 1921 To further advance the power of potential of air power, the Royal Austrlian Air Force, RAAF, was established in 1921. This was mainly to support the struggling aircraft in the military however at the same time a fundamental character, Lt Colonel Oswald Watt advanced the safety and use of civil aircraft. 1930-37 Australia and England led the way for the world of female pilots. Qantas and Royal Flying Doctor Service took advantage of the new transport and the air craft industry began to flourish. 1950s The demand for new aircraft to carry more customers resulted in the wide-body aircraft the success of the Boeing 707...

Words: 2114 - Pages: 9

Free Essay

Rise of Air Transport and Its Impact

...The Rise of Air Transport and its impact on the Environment [pic] Table of Content 1 Abstract 3 2 Introduction 3 3 HISTORY OF THE WORLD AIR transport 3 3.1 How it all began 3 3.2 ICAO and IATA-history and reality 4 4 Air Transportation and the Environment 5 4.1 Demand for Air Transport 5 4.2 Environmental Impact of Aviation 7 4.3 CO2 emissions per passenger kilometer 7 4.4 Aircraft Water Emission 9 4.5 Nitrogen Oxides 9 4.6 Impact of Aviation on Biodiversity 10 4.7 Noise Emissions and its impact on humans as well as biodiversity 11 5 Cost of Aviation on certain examples 11 5.1 Aviation Cost for exotic flowers 11 5.2 The Berlin Airport Fiasco 12 6 Historical Trends in Aircraft Transport 13 7 Conclusion 14 8 Table of Figures 15 9 Sources 15 1 Abstract The following Assignment has the topic of showing the history of aviation and within this showing the environmental impact of aviation. Due to this the history is shown and in addition different types of problems connected to aviation such as carbon oxide and greenhouse gases are explained. At last there is an introduction in data’s showing aviation in its beginning as a mass transport and now. 2 Introduction Transportation - one of the most important sectors of the economy, performing the function of a kind of circulatory system in a...

Words: 4110 - Pages: 17

Free Essay

About Easyjet

...prices will only lead to a decrease in revenues. With the introduction of the ‘no-nonsense’ concept to the European market, after its deregulation in 1992, easyJet has proven this theory wrong and goes from strength to strength by actually increasing the size of the market and more recently by taking away passengers from the majors (see www.easyjet.com for passenger figures, financial data and employee statistics). Today, it offers 125 routes from 39 European Airports (see www.easyjet.com for route launch dates), with Luton, Liverpool, Geneva, Amsterdam as base airports and is operating 72 aircrafts (November 2003). November 1995: easyJet starts flights from Luton to Glasgow and Edinburgh with to leased Boeing 737-300 with a capacity of 148 seats at a price of £29 one way. Seats are being sold over telephone reservation system only. In 1996 easyJet takes delivery of its first wholly owned aircraft and goes international with first services to Amsterdam from Luton. One year later easyJet launches its website, easyjet.com which will from 1998 onwards form an integral part of the business concept (and which provides for some 90% of the bookings today). In August 2002 easyJet expands its fleet and routes by acquiring British Airways’ low-cost subsidiary Go. In October 2002 the airline signs a deal to purchase 120 Airbus, which will facilitate the...

Words: 469 - Pages: 2

Free Essay

Air India

...Facts Reason for Delay: The passengers could not board another aircraft since night curfew in Frankfurt would have kicked in by the time the alternate plane would have reached there. Report after the toilet was operated in Delhi “Everything made available to passengers for free was found flushed down the toilet," another official sai Passengers folding their legs on the seat is a typical desi habit which has led to specific instructions to the maintenance staff to look for socks in the rear fold of chairs. Similar attention to toilet maintenance may perhaps spare AI of troubles such as the one experienced on Saturday. Safety: In the last 30 years, Air India has had only one crash—that of Air India Flight 182 on June 23, 1985—which ended in a hull loss and 329 deaths. But that crash was the result of terrorist action, not poor safety," said the Air India spokesperson, referring to the Kanishka tragedy where a bomb obliterated a Boeing 747 aircraft 31,000 feet over Atlantic Ocean This is also corroborated by the fact that Air India is the first airline in the country and amongst the first 10 in the world to have the IATA Operational Safety Audit certification, which is a benchmark for aviation safety norms," said the spokesperson Air India’s engineering facilities have an ISO9002 rating which is meant to mean it meets international standards Defense Blaming the Ailing airline is the easiest things to do. Point taken that AI has a maintenance issue. However...

Words: 403 - Pages: 2

Free Essay

Anxiety

...Anxiety at 35000 Feet Robert Clinton On September 11, 2001 something happened in the United States that changes things forever in the aviation world. There were airplanes that were deliberately crashed into mulitiple sights in the U.S. This was one of the worst terrorist attacks that the world has ever seen. Because there were aircraft used in the attack there was a huge impact on how everyone saw how to take to the skies. The vision of airliners crashing into buildings will forever be imprinted into people’s heads. None of the physiologist in the world could even prepare on how this was going to affect people and how they saw themselves flying. The psychologist have actually been involved in the aviation industry a lot even before this event. They have tried to understand what causes the anxiety in the air. What triggers the passenger to act the way they do in the air. Also trying to find out what is the best way to handle the passenger that is having the attack. Because of the attack on the U.S. a lot of the anxiety is the fear of crashing, even though the facts are that it is actually safer to fly then drive a car to the location. Anxiety in the air has a huge impact on the aviation community and has caused many flights to lad before their destination. This is one of the biggest studies for psychologist to this day. References 1. Anxiety At 35,000 Feet: An Introductive to Clinical Aviation Phycology Author: Bor, Robert Kahr, Brett Publisher: Karnac Books ...

Words: 269 - Pages: 2

Premium Essay

North South Airlines

...both an aging fleet of Boeing 727-300 aircraft and Stephen Ruth. Stephen was a tough former Secretary of the Navy who stepped in as new president and chairman of the board. Peg Jones on the other hand is the vice president for operations and maintenance. DEFINE THE PROBLEM Stephen’s objective is to gear the company’s financial performance towards stability and continuous growth. This made him concern that the aging fleet of Boeing 727-300 aircraft’s maintenance cost may impede realization of this goal. The significant difference in the reported B727-300 maintenance costs (from ATA Form 41s) both in the airframe and engine areas between Northern Airlines and Southeast Airlines made him to probe through Peg Jones’ assistance on determining the quantitative and graphical report of the following : • Correlation of the average fleet age to direct airframe maintenance costs • Linear relationship between the average fleet age and direct engine maintenance costs CASE FACTS AND INFORMATION (INCLUDING LIMITATIONS & CONSTRAINTS) In addition to the aging formulas below, Peg constructed the average age of Northern and Southeast B727-300 fleets by quarter since the introduction of that aircraft to service by each airline in late 1993 and early 1994 respectively. TOTAL FLEET HOURS = TOTAL DAYS IN SERVICE X AVERAGE DAILY UTILIZATION AVERAGE AGE OF EACH FLEET = TOTAL FLEET HOURS FLOWN # OF AIRCRAFT IN SERVICE AVERAGE DAILY UTILIZATION...

Words: 336 - Pages: 2

Free Essay

Bhutan Case

...traffic, and logistical burdens. For starters, Royal Bhutan Airlines was a direct extension from the government since it was designed as a taxi service for Indian officials. They were set on preserving the pristine nature of the Bhutan culture, religious and geographically. Hence why they set small limits on tourists coming in and out of the country. Tariffs caused higher prices on people traveling to the country due to having to go through specific travel agents. Season trends were a large portion of the problem for Royal Bhutan Airlines. To solve this problem, consider buying smaller more economical planes that are only used during slower seasons. It would help with the load percentage. During peak seasons bring out the larger aircrafts. This would also reduce wear and tear on the planes. Logistical burdens were probably the largest issue. Opening up the online booking sector for tourists will significantly decrease difficulty and increase interest for tourists. It will also allow for increased accuracy of numbers in and out of the country. The less time spent booking travel, the more time spent in Bhutan. Another logistical issue was whether or not...

Words: 457 - Pages: 2

Premium Essay

Porter Five Forces of Air Asia

...Porter’s Five Forces Threat of new Entrants Threat of new entry is moderate, because it requires high capital to support and government barrier is high such as the air service agreement can build barriers to those new entrants. The degree of barriers to entry depends on the strength of:- • Customers have a little bit of brand loyalty. If customers of AirAsia do not have brand loyalty, then the threat of new entrants will be very high. But the higher numbers of competitors in the industry also will decrease AirAsia’s customer loyalty. Due to most of the travelers prefer low cost. New competitors which want to come in the industry need to spend a little to compete with AirAsia. • Higher Capital Requirement The airline industry needs large volume of start-up capital. The cost of setting up of offices, buying or leasing air craft, hiring pilots and others staffs like air stewardess and etc incur a high start-up cost. So that, the threat if AirAsia is low. • Offered different product AirAsia offer different product to compare with other competitors in Asia, for example, Bangkok Airways, Tiger Airways, and Air Philippines. • Government Legislation Air Asia very difficult gets a new route from government because Malaysian Airlines System (MAS) has been protected by Malaysia government on the route to Sydney and Seoul Incheon. Therefore, it will affect the time line set by AirAsia and the most important is also influence their profit. Thus, this is the limited of the new...

Words: 1633 - Pages: 7

Free Essay

Uss Akron

...THE USS AKRON: A NAVAL AIRSHIP By Wynette C. Perry Airframe Structures and Applications AMNT 270 Instructor R. Xavier Koon Embry-Riddle Aeronautical University Extended Campus Patuxent River Resident Center September 27, 2011 TABLE OF CONTENTS Page LIST OF FIGURES iii Chapter I INTRODUCTION 1 II HISTORY OF EARLY FLIGHT 2 III HISTORY OF HOT-AIR BALLOONS 3 IV HISTORY OF THE ZEPPELIN 4 V USS AKRON DESIGN AND CONSTRUCTION 5 VI USS AKRON MISSIONS 6 VII SUMMARY 8 VIII CONCLUSION 9 APPENDICES A BIBLIOGRAPHY 12 LIST OF FIGURES Figure Page 1 Ormithopter Flying Machine 2 2 Montgolfier Brother’s 1783 hot-air balloon 3 3 dirigible 4 4 First ring of the uss akron 6 5 USS AKRON DESIGN PLANS 7 6 USS AKRON 8 7 LONG ENDURANCE MULTI-INTELLIGENCE VEHICLE 9 CHAPTER 1: INTRODUCTION The idea of flight has intrigued man for many years. For centuries, man experimented with ways of how to fly; some ideas of how to fly were good, while other ideas were not so good. Early pioneers of flight would...

Words: 2599 - Pages: 11

Free Essay

Where Should a Pilot Start Descent?

...* A. * * An approach path for an aircraft landing is shown in the figure and satisfies the following conditions: * (i) The cruising altitude is h when descent starts at a horizontal distance L from touch- down at the origin. (Note: in this coordinate system, the direction of flight is from right to left or in the negative –x direction). (ii) The pilot must maintain a constant horizontal speed v throughout the descent.(Note: speed is the absolute value of velocity. In this instance the velocity will be negative, however, the speed will be a positive number of the same magnitude). (iii) The absolute value of the vertical acceleration should not exceed a constant k (which 
is much less than the acceleration due to gravity). * ------------------------------------------------- * * 1. Find a cubic polynomial that satisfies condition (i) by imposing suitable conditions on and at the start of descent and touchdown. * Solution: Assume the cubic polynomial function is P(x)= ax3 + bx2 + cx + d According to the graph, We know P(0) = 0, P'(0) = 0, P(L) = h, P'(L) = 0 The original equation is P(x)= ax3 + bx2 + cx + d P(0) = 0, so plug in zero for x.  You will find that d = 0. Simplify the equation to P(x)= ax3 + bx2 + cx Find the derivative of P(X), which is 3ax2 + 2bx + c P’(0) = 0, so plug in zero for x. We found that c =0 Simplify the equation to P’(X) = 3ax2 + 2bx Plug in P'(L) = 0 We get the equation of 3aL2+ 2bL= 0 ① Plug in P(L) = h We get the equation...

Words: 838 - Pages: 4