Mohit Chhetri

kathmandu (NPL)
Role(s):
Founder/Owner/Principal

Fly Nepal Airlines Pvt.Ltd

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Location: Kathmandu`
Industry: Transportation
Year Founded: 2010
Number Employees: 10-50 people
Business Stage: Creation/Idea
Entity Type: Sole Proprietorship
Description: Fly Nepal Airlines Pvt. Ltd. Business Plan for the period from FY 2011 to FY 2015. 1. Executive Summary A. Background Fly Nepal Airlines Pvt. Ltd. is a newly established company with the intention of providing service in air transportation inside Nepal. This company is formed by a group of energetic, young and capable People. Primary objective of the firm is to offer Nepalese as well as foreigner people a safe, fast and reliable transportation service. In Nepal Air transportation is still in its development phase. But the increasing internal and foreigner tourism as well as improving political situation are creating more and more use of air transportation in Nepal. It looks like Nepalese tourism market and business needs a huge amount of air transportation service and this company can be one of good service provider. This company wants to change its service from other aviation company by providing Air taxi services to people in order to reduce the difficulties and develop the air transportation facilities in Nepal. The recent increase in tourism and Nepalese people participation in air transport has shown a great future and use of this business to highly interested investor. B. Mission The mission of Fly Nepal Airlines Pvt. Ltd is to become a leading air transportation service provider company which will serve the internal as well as foreigner tourist and provide transportation facilities to business traveler. C. Objectives The objectives of Fly Nepal Airlines for the coming five years are as follows: 1. To generate a better profit 2. Grow at a challenging and manageable rate 3. Live up to the ethical codes set forth by the Civil Aviation Authority of Nepal. 4. Offer a safe, fast, cheap and reliable air transportation service to the public. We believe that the above objectives are obtainable because of the professionalism and acumen of directors, managers and other associates the company holds. Once it gets license, it will offer rational and analytical service, those which are felt to be acutely lacking in the current Nepalese aviation service. We will serve the passenger with modern facility at each and every possible location. All these points will help us gain customer loyalty. The keys to success for Fly Nepal Airlines Pvt. Ltd are capable man power, sufficient knowledge, supreme quality of the customer service and modern technology. D. Goals i) The goal of the company is to gain customer loyalty through safe, fast, smart, reliable and authentic air transportation services. ii) We wish to establish successful and lasting services to our customer with mutual respect for the interests and goals of each other. v) Last but not the least, the company wishes to contribute in every positive manner to the Nepalese Aviation Industry such that the Aviation Industry grows and develop and contribute the development of tourism industry in Nepal. E. Challenges for the Aviation Industry growth 1. Role of aircraft is very important in developing the tourism industry in Himalayan country like Nepal. In the absence of airport in different tourist location and due to geographical condition road transportation facilities have not been linked to those areas. Due to this different location hasn’t been a favorite tourist location in spite of having a great natural beauty. 2. Due to poor economic condition of the country, airport in different hilly areas have short runway and runway are not made with international standard due to unavailability of materials by which flight gets disturbed at the time of repair and maintenance of those runways. 3. Civil Aviation Authority of Nepal (CAAN) has been established in Nepal which deals with each and every matter relating to the aviation industry. 4. At present, some airport in hilly region is without machinery with modern technology and highly technical staff. 5. Most industries of both private sector and public sector lack corporate culture. For development of a trust-worthy and reliable industrial sector, promotion of principles of corporate governance has become all the more necessary. Appropriate code of conduct needs to be developed and practiced in an effective manner. 4. Aviation Business a. present situation As Nepalese aviation industry is in its development phase. Only few airlines are providing air transportation facility to the large number of passengers. Due to lack of road transportation facilities in place like Humla, Jumla etc people are bound to use air transportation facilities only. After change in the political condition and establishment of peace in the country, the tourism industry is in high growth rate. Nowadays, Aviation business is regarded as one of the most profitable and respected business. Role of Aviation Company in aviation industry is very important. A rational, analytical, safe, reliable and ethical aviation company is imperative for a dynamic, rational, developing and transparent Aviation Industry. Now, only few airlines are able to able to provide transportation service to those places where large no. of passengers are willing to have transportation facilities due to lack of aircraft and other technical reason. By this the future of this industry looks good. b. Future Perspective By the change in political condition and different program launched by the government the tourism industry in Nepal is highly growing. The business in the country is also improving due to restoration of peace in the country. But the present aviation industries are not able to provide service to the high number of increasing passengers. Due to limited number of schedule flight and limited availability of ticket for the schedule flight, the large number of people will be willing to be benefited by the Air taxi service facilities. Herbs and goods from hilly region are not being able to be transported from those regions to city like Katmandu because of lack of transportation facilities. So, private chartered (air taxi) service can be very beneficial to those passengers. The company is established for giving view of Pokhara and Meghauli. This service can attract large number of foreign tourist as well as internal tourist. The beauty of Pokhara and Meghauli valley are the one that attract a large number of tourists in Nepal. The company has further plan to create its own private runway in location near Lumbini (the birth place of Gautam Buddha). This can attract a large number of religious people all over the world. So the future of this company seems to be bright and good for interested investor. 5. Introduction of the Fly Nepal Airlines Pvt. Ltd. a Introduction Fly Nepal Airlines is a newly formed organization established with a intention to provide fast, safe, reliable air transportation service to the passengers. It is a company established by the highly qualified, energetic, professional people. The company is formed by young and talented people. This company is willing to provide safe, fast, reliable air transportation facilities to the passengers with the use of modern technology. Fly Nepal Airlines has its registered office at Kathmandu. Its board of the Directors comprises of qualified and capable persons. The objectives of the company according to its memorandum: 1. To generate a better profit 2. Grow at a challenging and manageable rate 3. Live up to the ethical codes set forth by the Civil Aviation Authority of Nepal. 4. Offer a safe, fast, cheap and reliable air transportation service to the public. D. The contribution that can be made by Fly Nepal Airlines Company in future The Nepalese aviation Industry right now seems to be driven almost entirely by rumor and speculation. There are different rumor and talking about air transportation and its safety in people. There is rumor about the availability of ticket of schedule for different hilly region and tourist area like Pokhara. There is a great difficulty for people to transport goods from place like Humla and juma. Different tourist wants to have a private chartered flight to different (URL removed)se types of problem will be highly reduced by Fly Nepal Airlines. As already mentioned, this company will provide safe, fast, reliable and ethical service to the customers. It will provide Air Taxi service to different people. It will contribute to Nepalese Aviation Industry to be a safe, fast, dynamic, competitive, credible, fair, efficient, transparent and responsible transportation service provider Industry. For this, Fly Nepal Airlines shall carry the following activities: a) Rational and Reliable Customer Service. b) Customer Oriented Service. c) Competition Friendly. d) Favorable Company Polices. e) Analytical Service. Fly Nepal Airlines will perform all its activities within the framework, rules and ethical course formulated by Civil Aviation Authority of Nepal and others bodies. 6. SWOT (Strength, Weakness, Opportunity and Threats) analysis of Fly Nepal Airlines Fly Nepal Airlines will have to face its weakness and threats with its internal strength and market opportunity it will get in the market. a. Strengths of Fly Nepal Airlines i) Experienced and Qualified Directors and Promoters. ii) Qualified and Capable managers and staffs. iii) Modern technology. iv) Loyalty of the clients it will gain. v) Only one Air Taxi service provider in Nepal b. Weaknesses of Fly Nepal Airlines i) Newly established organization. ii) Low degree of public recognition in beginning. iii) No old and regular Clients. iv) Lack of High liquid assets and high amount of capital. c) Opportunities of Fly Nepal Airlines i) Increasing in internal Tourist. ii) Increasing number of tourist in Nepal. iii) National economy in recovery phase iv) Possible political soundness. v) Government policy for development of tourism industry. vi) Modern and automatic use of Equipment. d) Threats of Fly Nepal Airlines i) Uncertain peace process and regional political unrest. ii) Condition of some airport in some hilly region. iii) Poor economic condition of country. 1. Conclusions To conclude, this plan projects a good rate of growth and satisfactory net profits. Implementing this plan in conjunction with compressive and detailed actions will ensure that Fly Nepal Airlines rapidly becomes a profitable company for the owners and a secured and reliable investors. We believe that the above objectives are attainable because of professionalism and acumen of directors, managers and other associates, the company has. It will offer safe, fast, rational and analytical service, those which seem to be lacking in the current Nepalese Aviation Industry. It will serve the Customer with modern facility at an easily accessible place. All these points will help them gain client loyalty. The keys to success for Fly Nepal Airlines are capable man power, quality of the customer service and use of modern technology.