Analysis of World Airways - 0 MARCH 8 2015 ANALYSIS OF WORLD AIRWAYS MICHAEL SERAAJ BSAB 410 MANAGEMENT OF AIR CARGO Embry Riddle Aeronautical

Analysis of World Airways - 0 MARCH 8 2015 ANALYSIS OF...

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0 ANALYSIS OF WORLD AIRWAYS MICHAEL SERAAJ BSAB 410 MANAGEMENT OF AIR CARGO Embry Riddle Aeronautical University MARCH 8, 2015
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1 Table of Contents Topic History/Background…………………………………………………………….. 2 Managerial Aspects……………………………………………………………………. 3 Corporate culture/philosophy Key individuals involved Organizational chart Mission statement Resources, etc…………………………………………………………………………. 5 Vehicles and employees Key facilities and equipment Main airports served Number and type of aircraft Operations………………………………………………………………………………..7 Operational philosophies Markets served Types of cargo Limitations/problems Business Relationships……………………………………………………………………10 Principle customers Partners, alliances, pacts Code-sharing, joint ventures Unique agreements, arrangements, etc. Future……………………………………………………………………………………..12 Summary………………………………………………………………………………….12 References ………………………………………………………………………………..14
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2 World Airways History and Background Detailed Description World Airways is a former American-based airline company that was founded in 1948 by Benjamin Pepper (About World Airways). At its birth, the company primarily focused its attention on Boeing 614 flying boats. These machines were fixed-wing seaplanes characterized by a hall which allowed them to land on water and, typically, lacked the landing gear necessary to land on firm terrain (Taylor & Munson, 1972). Two years later, the company was purchased for $50,000 by Edward Daly, who is mostly regarded as the company’s true founder (About World Airways). Under Daly’s leadership, the company expanded in new and innovative directions. First, it purchased a series of DC-4s – four-engine propeller-driven airplanes manufactured by the Douglas Aircraft Company beginning in 1942. Then, one year after Pepper purchased the company, he managed to procure the company’s first government contract and, for most of the company’s history, government contracts remained its primary focus. In the late 1950s, the company added DC-6s and Lockheed Constellations to its inventory. The following decade, the company further expanded its fleet to include jets such as the Boeing 707 and 727. In the 1970s, World Airways obtained DC-8s, Boeing 747s, and DC-10s. (About World Airways). The company played a major role during the Vietnam War and was specifically contracted to transport military troops from Da Nang, Vietnam to Oakland International Airport in Oakland, California. In the 1980s, the company attempted to transition into the sector of scheduled service but failed miserably and, as a result, experienced heavy financial losses
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3 throughout the decade. (About World Airways). Additionally, World Airways relocated its
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