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DEVELOPMENT OF STRATEGIC PLAN FOR ACMI COMPANIES IN AVIATION INDUSTRY
Marija Vaiciulionyte, Vladislavas Petraškevičius

Last modified: 2020-05-08

Abstract


Aviation industry showing significant growth around the World. Different specialization companies making partnerships with each other to make aviation imperia even bigger and more stable. The relation between companies provides not only growth but also stagnation of operations. Nowadays Boeing 737-MAX crashes prove that affected major companies were forced to stop operations, due to lack of aircraft. For that reason, ACMI (Aircraft, crew, maintenance, and insurance) companies provided the full capacity to maintain flight operations. From this perspective, ACMI companies living a golden age. These companies’ services are booked by major airlines for many months in front, due to unforeseen aircraft type grounding issues. The situation in almost every industry varies between ups and downs by forcing companies to analyze the future strategy development plan. Based on AHP (Analytic Hierarchy Process) and TOPSIS method, it is preferable to buy neither to lease an ACMI services from a longer period perspective. New aircraft are less cheap regarding maintenance schedules, fuel consumption and after full repayment, it becomes airline property. The purpose of the article is to asses ACMI company strategy development to stay in the aviation business after major airlines re-establish their full operations. The leasing company can not be a direct competitor to airlines, therefore it needs to develop specific services, which can attract customers. ACMI company can provide services as fast as possible in unexpected or emergency situations. Moreover giving the flexibility of leasing and providing extra services, makes the company be attractive and unique.

DOI: https://doi.org/10.3846/vvf.2020.012


Keywords


aviation, ACMI (Aircaft, crew, maintenance, insurance), buy, lease, strategy, airline, aircraft

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