Assignment

Airlines and airports are continually developing new strategies inspired by growth, changes in the market and a focus on cost reduction whilst operating in an increasingly competitive environment.

Produce a report. The report will need to include the following:

A discussion on the price of oil (jet fuel) over the last 15 years, the challenges airline managers were presented with and approaches they used to deal with the volatility of fuel costs.

1) Provide information relating to key aspects of the historical price of oil / jet fuel.

2) Discuss four methods airlines employed to mitigate the volatility of the price of oil I jet fuel. For each mitigation method include examples of airlines employing that particular strategy.

Learning Objective

Demonstrate knowledge and understanding of contemporary aviation issues.

Task requirements

Your document must include a cover page, contents page and final references list.

Pages must be numbered and your work should be presented in 12pt black font with double-line spacing. Your final word count needs to be included after your conclusions section. No collaboration is allowed: work must be completed on an individual basis.