Economic Analysis of Strategy Risk and Transaction Cost: The Case of an Air Transportation Company

Author(s):  
Chiungfeng Ko
Author(s):  
Anjani Sipahutar

This study aims to determine that there are still many events that are still require the liability from the commercial air transportation company, both from the carrier company and those who are related to the carrier, such as flight delays (flight delay) either caused by weather factors or internal factors from the carrier company, the occurrence of negligence from the transport officer which causes the loss of goods owned by passengers, or because of there is an event for which the reason is unknown so that the aircraft experiences interference during the flight, from the results of this research it can be seen that the carrier operating the aircraft is obliged to be responsible for losses against:a. passengers who died, disability or injury;b. lost or damaged of the cabin baggage;c. lost, destroyed, or damaged of the checked baggage;d. lost, destroyed, or damaged of the cargo;e. delay in air transportation; andf. losses suffered by third partiesas well as who are the parties involved, the requirements that must be fulfilled and how the rights and the obligations of the parties are fulfilled, as well as other provisions in its implementation if a passenger's goods are lost or damaged and provide a description of its protection.Keywords : Liability, Theft of Goods, Aircraft Passengers, Kualanamu International Airport.


WARTA ARDHIA ◽  
2010 ◽  
Vol 36 (2) ◽  
pp. 124-142
Author(s):  
M. Herry Purnama

So far, Cargo transportation ran as well as there is no spesific problem, be cause commercial air transportation activity and special transportation company have spescial market segment clear regulation. If we see on Government no 40 tahn 1995 about air transportation that has been changed with government regulation no 3 th 2000 about air transportation in point 33 ayat 1 dan 3 that the tariff consist of passangers tariff and cargo tariff. cargo tariff is divided to be two tariff, there is cargo tariff International scheduled commercial transportation and domestic scheduled commercial transportation no scheduled transportation's price is based on agrement between service customer and transportation service provider. In Ministry of transportation’s regulation No. KM 25 Tahun 2008 about provider air transportation point 50 ayat 1, special domestic cargo air transpotation can be done schedully or not, meaning in this government regulation no prohibit limitation for commercial air transportation cargo.


2019 ◽  
Vol 12 (3) ◽  
pp. 807-824 ◽  
Author(s):  
Nawa Raj Baral ◽  
Olga Kavvada ◽  
Daniel Mendez-Perez ◽  
Aindrila Mukhopadhyay ◽  
Taek Soon Lee ◽  
...  

Decarbonizing the air transportation sector remains one of the most challenging hurdles to mitigating climate change.


Author(s):  
D. V. Lysenko ◽  
L. Akgьn

The article studies the work of Russian air-lines in the current situation of unstable market of air-transportation. The public company ‘Aeroflot’, the industry leader acts as an object of the research. Topicality of the subject is explained by strategic importance of the company development in Russia, as the growth in air-transportation acts as a great stimulus for the Russian economy development. The authors analyzed finance figures of air-lines that show efficiency of their work and came to the conclusion about key reasons of their fluctuations in today’s conditions. On the basis of comparative analysis they identified the air-line, which managed to retain certain finance stability. The article also studies current trends of air-transportation market and on their foundation worked out recommendations by vectors of air-lines’ development. The algorithm of drawing respective conclusions about airlines’ stability and their efficiency was shown by factor analysis of finance figures. Calculations made by the authors according to the proposed methodology of economic analysis are logically substantiated. In article preparation the authors used normative documents, present day literature sources dealing with the subject of the research, articles of academic journals and annual accounting reports of companies. Analysis methodology provided in the article could allow experts to improve the quality of analytical work in the field of economic analysis of air-lines’ operation and optimization of principle figures of their economic functioning.


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