Following the development of the subprime and financial crises, the economic downturn has yielded significantly, slumping demand in an already vulnerable industry. Aviation companies now face major challenges of an unprecedented scale, having to make significant efforts to cope with the global crisis and its consequences in the foreseeable future.

Implications

Depending on their business model and network strategy, the implications faced by airlines vary in severity. Thus, it is key for each airline to perform a thorough review of all individual aspects in order to identify the specific need for action both company-wide as well as at departmental levels (e.g. Flight Operations, Maintenance, Ground Handling, IT, Revenue Management, etc).

m2p's Economic Crisis Program

m2p has developed a program of ‘health checks’ tailored to your needs, so that you can respond to the current crisis in a proactive and sound way and align your short- and long-term strategies appropriately. In co-operation with industry subject matter experts, m2p has designed and structured suitable solutions for each customer group.