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Aviation Maintenance Management Problem.edited

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Running Head: AVIATION MAINTENANCE MANAGEMENT PROBLEM AVIATION MAINTENANCE MANAGEMENT PROBLEM Name of Student Name of Institution Course Date 1 AVIATION MAINTENANCE MANAGEMENT PROBLEM Aviation Maintenance Management Problem Patankar, M. S., & Taylor, J. C. (2017). Risk management and error reduction in aviation maintenance. Routledge. The article factors in the risk management policies that should be implemented to enable The aviation industry to operate without hitches that may arise due to technical errors. The aviation industry over the years has been facing challenges such as high losses due to the high fixed and variable costs associated with the aviation industry. Most airlines tend to operate with high levels of debts making them divert their attention from profit-making to paying back loans. The author further focuses on the volatility of oil prices thus the airlines always tend to contend with the high prices of the oil sector. The former statement justifies the reason why most of the management teams in the aviation sector tend to use hedging as a way of curbing the financial losses arising due to the volatility of the oil prices. The airline managements tend to hed ...
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