Developing a Business Plan for a Private Charter Aviation Company in the Democratic Republic of Congo

Academic Paper from the year 2021 in the subject Business economics - Company formation, Business Plans, grade: 9.8, Kampala International University (Kampala International University), course: Business Administration, language: English, abstract: This paper aims to develop a business plan for a private charter aviation company in the Democratic Republic of Congo.The airline industry in Congo is not so advanced since Congo is a developing country, and there are limited companies that offer these kinds of services. For this reason, there are many opportunities in the market for new charter companies. Moreover, a significant number of customers will be a requirement for opportunities to create a positive and effective growth strategy. There is also high speed and efficient travels since customers are not required to wait in line to check-in at airport counters or wait around the baggage claim area, which saves a lot of time for business people. In addition to this, air transport is not affected by traffic congestion, which also saves time.Since the government in the Democratic Republic of Congo has changed, it has worked towards finding investors in various economic sectors as well as adopting new business ideas that could help improve the economy. As a result, this has made it easier for new companies to join the airline industry. There are also increased rates of accuracy and predictability of outcomes due to the introduction of new models and the application of advanced technology in carrying out the companies' operations.