Business Organisation and Aviation Enterprises
Unit I – Fundamentals of Business Organisation
Meaning, nature and scope of business
Forms of business organisation: sole proprietorship, partnership, company, cooperative, LLP
Objectives of modern business: profit, growth, sustainability, CSR
Business environment: economic, legal, technological, socio-cultural
Unit II – Principles of Management & Corporate Governance
Functions of management: planning, organising, staffing, directing, controlling
Corporate governance concepts and ethical practices
Organisational structures: line, functional, matrix
Decision-making and strategic planning in service industries
Unit III – Global Aviation Industry Overview
History and growth of civil aviation: global and Indian perspective
Key stakeholders: airlines, airports, regulators (DGCA, ICAO, IATA)
Types of airlines: FSC, LCC, cargo, charter
Airport ownership and operating models: public, private, PPP
Unit IV – Aviation Enterprises & Operations
Airline organisational structure: commercial, operations, flight services
Airport organisational structure: airside, terminal, landside functions
Ground handling organisations and ancillary services (catering, maintenance, logistics)
Aviation value chain and revenue streams
Unit V – Business Practices in Aviation
Strategic alliances, code sharing, and joint ventures
Airline marketing & distribution channels
Aviation financial environment: cost centres, revenue management basics
Emerging trends: sustainability, digitalisation, low-cost models, urban air mobility