As an Entrepreneur, I would like to start an aviation company...?

Question

I would like to know about all possible hinderances to start an aviation company. Its my dream to start one. Quetions like - How much initial capital, license, pilot availablity, payment details etc. still keeps haunting me. Being an Indian, should I start it in India, on is it better to start abroad? If abroad, where and how?

Thank You for all Your asssistance.

Answer 1

Aviation industry is in none too happy a situation, paticularly in India, for some years. As pe recent news paper reports, things are disturbing indeed (Airline companies suffering losses, not able to pay fuel bills, have huge debt liabilities, not able to pay salaries, pilots leaving the companies, retrenchment of staff, mass cancellation of flights, companies not able to raise finances, lessors of aircraft asking to return their aircraft, etc.).



Any way, you may, inter alia, keep these things in mind.



Aircrafts can either be purchased, or taken on lease. There are many other costs also. Either way, it is a very costly business. Only a consultant can give an idea in this regard. Hope you have the required financial resources, or will be able to manage them.



The full picture will emerge only after the Consultants prepare a Techno-Economic Feasibility Report, which include a detailed Market Survey to determine present and future demand.



Procedure for starting a company in India can be seen at:



http://www.masterstrokeconsulting.com/procedure-establish-business-in-india.html



You may like to do some reading on aviation industry on the following sites, to enable you to take a decision in the matter:



http://www.yourbusinesspal.com/aviation_business_plans.html



http://in.search.yahoo.com/search;_ylt=A8pWB9pGurxOCigAhzbuPXRG?p=How+to+establish+an+aviation+company+in+India&fr2=sb-top&fr=yfp-t-704&meta=fl%3D0%26vc%3D&rd=adv

Answer 2

well the first step is to get A LOT of money (i think maybe over 100 million dollars) to get a small fleet of regular airplanes. make sure to have expert pilots and to offer some things that are not offered by other airlines

the best idea, businesswise, is to start in a location with one of these 2 criteria:

1. a place with a high demand for flights but with less than enough supply of it.

2. a place that does not have a strong flight program.

Answer 3

quite of going for MBA,terrific geared as much as you would be to put in 2 greater years' journey as an architect and then set up your individual Consultancy company of architectural layout the place you will hire a battery of architects having workplaces in distinctive cities and you your self can look after the merchandising,finance and administration.

Answer 4

Study the business.