Cargo Airline Business Plan Pdf - Maniocenter

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Cargo airline business plan pdf

Cargo airline business plan pdf. Cargo airline business plan template.Please note that we don’t own our cargo airline hence the reason for the budgeted amount.13. Sustainability and Expansion StrategyThe future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. In a nutshell, we do not have any directcompetition within our target market area.Some of the threats that we are likely going to face are mature markets, bad economy (economy downturn), stiff competition, and volatile operational costs. hired the services of a seasoned business consultant with bias in startups in the U.S. to help us conduct a thorough SWOT analysis and to guide us informulating business strategies that will help us grow our business and favorable compete in the Global Cargo Airlines industry.Here is a summary from the result of the SWOT analysis that was conducted on behalf of Eagle Express Air Cargo, Inc.;Our strengths are strong management, robust network (serving some of the largest populationcenters in the U.S.), size advantages, cost advantages, customer loyalty and strong reputation amongst domestic and industry players.Our business is centrally located in the airport in New York City – New York; our location is in fact one of our major strengths. SWOT AnalysisGoing by our vision, our mission and the kind of business we want to set up,we don’t have any other option than to follow due process. At the same time, substantial declines in the world price of crude oil have prevented industry operators from generating revenue through fuel surcharge fees, further limiting industry growth. But one thing is certain, once an air cargo company can gain credibility, it will be much easier for thecompany to secure permanent deals/contracts with organizations, big time merchants and warehouse operators who are involved in moving goods and materials from one location to another on a regular basis.Most players in the Global Cargo Airlines industry are positioning their businesses to maximize profits in the industry. We are prepared tosurvive on lower profit margin for a while.Eagle Express Air Cargo, Inc. is not just accepted in New York City – New York but also in other cities in the United States of America and Canada. Other threats that are likely going to confront Eagle Express Air Cargo, Inc. has perfected our plans to charge competitive rates since we have minimaloverhead compared to our competition in the industry.We will ensure that we leverage on price to win over customers; our prices will be affordable and negotiable. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financialrules and regulation of the United States of America. It is a major sector of the economy of the united states and it generates over 1 billion annually from more than 6,275 registered and licensed air cargo / freight packing and logistics companies.The industry is responsible for the employment of over 31,785 people. She holds a Bachelor of Artsdegree in English and Literature. is strategically located and we are going to maximize the opportunities that are available which is why we spent more to locate the business in a location that will be visible and enable us to access our target market.Our sales and marketing team will be recruited based on their vast experience in the industry and theywill be trained on a regular basis so as to be equipped to meet their targets and the overall goal of Eagle Express Air Cargo, Inc.Our goal is to grow Eagle Express Air Cargo, Inc. Another strength that counts for us is the power of our team; our workforce and management. Our Mission and Vision StatementOur Vision is to become one of thepreferred choice when it comes to air cargo/freight packaging and logistics services in the whole of the United States of America.Our mission is to ensure that we build a successful air cargo services company that will operate in the whole of the United States of America; a company that will grow to be listed amongst the top 5 air cargo servicescompanies in the whole of the United States of America.Our Business StructureOur business structure will be designed in such a way that it can accommodate both full – time employees and part-time/contract staff; those who just want to take some time off to generate additional income.We intend starting the business with a handful of employees(documentation officers, professional material handlers/yard spotters and back office staff) and some of the available sales and marketing roles will be handled by freelance marketers. Our business concept also positioned us to be the preferred choice in New York City – New York.The truth is that there are no standard air cargo company within thearea where ours is going to be located; the closest to our proposed location is about 15 miles away. No doubt our excellent customer service and the quality of services we offer will position us to always welcome repeated customers and handle massive deals both from government agencies and industrial giants.Our client’s best interest will alwayscome first, and everything we do will be guided by our values and professional ethics. we are passionate in the pursuit of excellence and financial success with uncompromising services and integrity which is why we have decided to start our own air cargo services business. Below is a sample air cargo company business plan template that will helpyou successfully launch your own business.A Sample Air Cargo Company Business Plan Template1. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.We know that if that is put in place, we will be able to successfully hire and retain the best hands wecan get in the industry; they will be more committed to help us build the business of our dreams.Check List/MilestoneBusiness Name Availability Check: CompletedBusiness Incorporation: CompletedOpening of Corporate Bank Accounts: CompletedOpening Online Payment Platforms: CompletedApplication and Obtaining Tax Payer’s ID: InProgressApplication for business license and permit: CompletedPurchase of Insurance for the Business: CompletedRenting of office facility and renovation of the facility: CompletedConducting Feasibility Studies and market survey: CompletedStartup Capital Generation: CompletedWriting of Business Plan: CompletedDrafting of Employee’sHandbook: CompletedDrafting of Contract Documents: In ProgressDesign of The Company’s Logo: CompletedPrinting of Promotional Materials: CompletedRecruitment of employees and drivers: In ProgressPurchase of the needed forklift, furniture, office equipment, electronic appliances and facility facelift: In progressCreating Official Website forthe Company: In ProgressCreating Awareness for the business (Business PR): In ProgressHealth and Safety and Fire Safety Arrangement: In ProgressEstablishing business relationship with key players in the industry (networking and membership of relevant organizations and chambers of commerce) and cargo airline operators: CompletedResearcher / Senior Writer at Profitable Venture Magazine LtdJoy Nwokoro is a Freelance Business Journalist, researcher, translator and sales trainer who have worked with numerous clients amongst which is Women in World Banking, a business research NGO in New York, United States of America. We are in business to provide air cargo servicessuch as domestic air transit deliveries, international air transit deliveries, ground deliveries, messengers and local deliveries et al.Eagle Express Air Cargo, Inc. We want to drive sales via the output of our jobs and via referral from our satisfied customers. Adequate provision and competitive packages have been prepared for all our employees.AtEagle Express Air Cargo, Inc. is going to be driven basically by professionalism, excellent customer service, honesty and quality service delivery. It is an established fact that some of the key factors that will contribute to growth in this industry include growth in the manufacturing sector, consumption, international trade and also increase intechnology reliance. and the services we offerList our company in local directories/yellow pagesAdvertise our company in our official website and employ strategies that will help us pull traffic to the site.Ensure that all our staff members wear our branded shirts and all our trucks and vans are well branded with our company logo et al.12. Mr. SpencerJames Teddy has a diploma in Transport and Logistics Management, BSc. Business Administration and over 20 years of hands on experience working for some of the leading in companies in the Global Cargo Airlines industry.3. Our Products and ServicesEagle Express Air Cargo, Inc. is to build a business that will survive off its own cash flowwithout injecting finance from external sources once the business is officially running.We know that one of the ways of gaining approval and winning customers over is to offer our air cargo services a little bit cheaper than what is obtainable in the market and also to ensure timely and safe deliveries. Startup Expenditure (Budget)Having done our duediligence, this is what it would cost us to start Eagle Express Air Cargo, Inc. Please note that the above projection might be lower and at the same time it might be higher.Marketing Strategy and Sales StrategyThe marketing strategy adopted by Eagle Express Air Cargo, Inc. All the papers and documents have been signed and submitted, the loanhas been approved and any moment from now our account will be credited with the amount.14. At Eagle Express Air Cargo, Inc. Experts project the industry to grow at a 1.9 percent annual rate between 2014 and 2019. Below are the business structure and the roles that will be available at Eagle Express Air Cargo, Inc.;Chief Operating Officer(Owner)Admin and HR ManagerAir Cargo and Logistics ManagerMarketing and Sales Executive (Business Developer)AccountantMaterial Handlers/Yard Spotters/Forklifts OperatorsCustomer Services Executive/Front Desk Officer5. Additionally, demand for industry services has remained relatively weak during the five-year period despite risingglobal income levels and increased production activity among developed economies.In fact, the total value of world trade has decreased at an annualized rate of 0.4 percent over the five years to 2019. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance fora period of five years or more as agreed by the board of trustees of the company.For now, we will partner with air cargo operators and contract the maintenance of our planes to a service provider, we don’t intend to maintain a very large overhead from the onset. Although, the Global Cargo Airlines industry requires some form of training andexpertise, but that does not in any way stop any serious-minded entrepreneur to start the business and still make good profit out of it.The Business model we will be operating on, ease of payment, wide range of services and our excellent customer service culture will definitely count as a competitive advantage for Eagle Express Air Cargo, Inc. As anew business which is owned by an individual (family), and we may not have the financial muscle to acquire our cargo airline for now. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.One of our major goals of starting Eagle Express Air Cargo, Inc. Startup Expenditure (Budget)EagleExpress Air Cargo, Inc. We are quite aware of how satisfied customers drive business growth especially air cargo/freight packaging and logistics services.Eagle Express Air Cargo, Inc. The company will be fully financed by the Spencer JT family. is unfavorable government policies, seasonal fluctuations, demographic/social factors, downturn in theeconomy which is likely going to affect consumers spending and of course emergence of new competitors within the same location where ours is located.7. MARKET ANALYSISThe market trends as it involves the Global Cargo Airlines industry especially in the United States is indeed dynamic and at the same time challenging. is a family business thatis owned and financed by Spencer James Teddy and his immediate family members. we will ensure that we hire people that are qualified, hardworking, creative, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders. has been able to secure all relevant licenses and permits to operatethroughout the United States and other countries of the world. is a registered and licensed air cargo services company that will be based in New York City – New York. The fact that our business door is open to both individuals and corporate organizations means that we will have different price range for different category of clients. We will ensurethat we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely.Eagle Express Air Cargo, Inc. to become the leading air cargo services company in New York City – New York which is why we have mapped out strategies that will help us take advantage of the available market and grow to become amajor force to reckon with in the Global Cargo Airlines industry.Eagle Express Air Cargo, Inc. So also, we have a team that can go all the way to give our clients value for their money; a team that are trained and equipped to pay attention to details and deliver cargo and consignments safely, and on time both locally, nationally and internationallevel.Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.9. SALES AND MARKETING STRATEGYEagle Express Air Cargo,Inc. Our service offerings are listed below;Air transportation of cargoAir transportation of national postal systemsChartered airfreight servicesScheduled airfreight transportation4. There won’t be any major competitor offering same services as we do within same location. Here are the payment options that Eagle Express Air Cargo, Inc. will makesure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Following due process involves hiring business consultant to help us conduct SWOT analysis for our business.Eagle Express Air Cargo, Inc. Hence, they will ensure that they portray their company in this light.8. Our TargetMarketOur target markets are basically every one; organizations and individual as well who have cause to move documents, goods and materials from one location to another. It is a business that an investor with the right skills and connection can start. Job Roles and ResponsibilitiesChief Operating Officer (Owner):Increases management’seffectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job resultsCreating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading thedevelopment and implementation of the overall organization’s strategy.Responsible for fixing prices and signing business dealsResponsible for providing direction for the businessResponsible for signing checks and documents on behalf of the companyEvaluates the success of the organizationAir Cargo and Logistics ManagerResponsible forcoordinating loads and journeysResponsible for operating IT systems for the organizationResponsible for negotiating and agreeing contracts for the organizationResponsible for developing and confirming schedulesResponsible for planning for and negotiating technical difficultiesResponsible for preparing paperwork for regulatory bodiesResponsiblefor implementing health and safety standardsHandles the planning routes and load scheduling for multi-drop deliveries.Handles booking in deliveries and liaising with customers.Responsible for ensuring all partners in the supply chain are working effectively and efficiently to ensure smooth operations.Responsible for developing transportationrelationships.Responsible for monitoring transport costsIn charge of negotiating and bargaining transportation pricesResponsible for dealing with the effects of congestionAdmin and HR ManagerResponsible for overseeing the smooth running of HR and administrative tasks for the organizationDesign job descriptions with KPI to drive performancemanagement for clientsRegularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and ProcessesMaintains office supplies by checking stocks; placing and expediting orders; evaluating new products.Ensures operation of equipment by completing preventive maintenance requirements; calling forrepairs.Defining job positions for recruitment and managing interviewing processCarrying out induction for new team membersResponsible for training, evaluation and assessment of employeesResponsible for arranging travel, meetings and appointmentsOversee the smooth running of the daily office activities.Marketing and Sales Executives(Business Developers)Identify, prioritize, and reach out to new clients, and business opportunities et alIdentifies development opportunities; follows up on development leads and contactsWriting winning proposal documents, negotiate fees and rates in line with organizations’ policyResponsible for handling business research, market surveys andfeasibility studies for clientsResponsible for supervising implementation, advocate for the customer’s needs, and communicate with clientsDocument all customer contact and informationAccountantResponsible for preparing financial reports, budgets, and financial statements for the organizationProvides managers with financial analyses,development budgets, and accounting reportsResponsible for financial forecasting and risks analysis.Performs cash management, general ledger accounting, and financial reporting for one or more properties.Responsible for developing and managing financial systems and policiesResponsible for administering payrollsEnsuring compliance withtaxation legislationHandles all financial transactions for the companyServes as internal auditor for the companyMaterial Handlers/Yard Spotters/Forklift OperatorsResponsible for packing goods for transportationResponsible for crating goods for transportationResponsible for wrapping goods for transportationFreight consolidationIn charge of tradedocument preparationResponsible for storing goods prior to and after freightResponsible for handling packing services for motor carrier and storage servicesCustomer Service OfficerWelcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.Ensures that all contacts with clients (e-mail, walk-Incenter, SMS or phone) provides the client with a personalized – customer service experience of the highest levelThrough interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and servicesManages administrative duties assigned by the manager in an effective and timely mannerConsistentlystays abreast of any new information on the organizations’ products and, promotional campaigns etc. will ensure that we leverage on our strength and the opportunities available to us in the U.S. market to generate enough income that will help us drive the business to stability. We intend growing our business beyond New York City – New York whichis why we have perfected plans to build our brand via every available means.We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. will make available to her clients;Payment via bank transferPayment via online banktransferPayment via checkPayment via Point of Sale Machines (POS Machine)Payment via bank draftPayment via mobile moneyIn view of the above, we have chosen banking platforms that will enable our client make payment for our services without any stress on their part.13. We will ensure that we abide by the rules and regulations guiding TheFreight Packaging industry.Our customers can be rest assured that they will get quality services at competitive rates. We are open to the use of latest technology in The Global Cargo Airlines industry. Sales ForecastOne thing is certain; there would always be individuals and corporate organizations in the United States of America who would alwaysneed the services of air cargo companies for the various purposes.We are well positioned to take on the available market in New York City – New York and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow the business and our clientele base beyond New YorkCity – New York to other cities in the United States of America where we intend marketing our services.We have been able to examine the Global Cargo Airlines industry and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The industry also includes express services and airtransportation that is part of a national postal system, while courier services are excluded from this industry’s operations.Some of the key factors that will contribute to growth in this industry include growth in the manufacturing sector, consumption, international trade and also increase in technology reliance will provide new opportunities forlogistics consulting and advisory services, particularly for distribution chain networks and logistics. We are not ruling out the fact that technology can also cut some jobs in the industry.The Global Cargo Airlines Industry is indeed a very thriving industry in most countries of the world. to ensure accurate and helpful information is supplied to clientswhen they make enquiries6. Industry OverviewThe Global Cargo Airlines industry includes businesses that provide air transportation for commercial and private cargo on either scheduled or nonscheduled routes. is a family business; it is owned by Spencer James Teddy and his immediate family members. But as soon as the business grows andstabilizes, we will assemble our own in- house maintenance team. Do you want to start an air cargo company and need to write a plan? Publicity and Advertising StrategyAny business that wants to grow beyond the corner of the street they are operating must be ready and willing to utilize every available means to advertise and promote the business.We are centrally located in one of the busiest industrial areas in New York and we are open to all the opportunities that the city has to offer. If YES, here is a sample air cargo business plan template & feasibility report. Air cargo business is one of the few businesses that are restricted to location and of course the presence of airports and it requirescore professionals to handle. We are set to become the number one choice for both corporate clients and households in the whole of New York and beyond which is why we have made provisions for effective publicity and advertisement of our air cargo services company.Below are the platforms Eagle Express Air Cargo, Inc. Our PricingStrategyEagle Express Air Cargo, Inc. We are quite optimistic that our values and quality of service offering will help us drive our business to enviable heights and also help us attract the number of clients that will make the business highly profitable.We are quite aware that in order to become the number one choice in our city, we must continue todeliver timely and quality services. One good thing about the industry is that it is open for both big time investors who have the capacity to start the business with their own cargo airplane and aspiring entrepreneurs who may want to start as middlemen between air cargo operators and customers.2. Executive SummaryEagle Express Air Cargo, Inc.We will ensure that we build a loyal customer base. in the United of America;The total fee for incorporating the Business in the United States of America – 750.The budget for Liability insurance, permits and license – 25,500The amount needed to acquire a suitable Office facility in New York City – New York for 6 months (Re – Construction of thefacility inclusive) – 250,000.The cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al): 15,000The cost of logistics chain software, accounting software, CRM software and Payroll Software – q3,000Other start-up expenses including stationery – 1000Phone andUtilities (gas, sewer, water and electric) deposits – ( 3,500).Operational cost for the first 3 months (salaries of employees, payments of bills et al) – 120,000The cost of acquiring forklifts – 17,000The cost of launching our official Website: 600Additional Expenditure (Business cards, Signage, Adverts and Promotions et al): 2,500Going by the reportfrom our market research and feasibility studies, we will need about 600,000 to set up a standard air cargo services business in New York City. We are not ruling out the fact that technology can also cut some jobs in the industry.Lastly, operators in this industry know that some of the major factors that count positively in this line of business arecompetence, trust, honesty, good relationship management and of course timely and safe pick-ups and deliveries. FedEx Express and UPS Airlines Inc have a dominant market share in this industry in the United States.Research conducted by IBISWORLD shows that over the five years to 2019, the Global Cargo Airlines industry has experiencedconstrained growth amid a chronic excess of cargo capacity and mounting competition from maritime transportation. our goal is to provide excellent services to our customers and we pride ourselves on the integrity and competence of our company and our employees.At Eagle Express Air Cargo, Inc. is set to make use of the following marketing andsales strategies to attract clients;Introduce our air cargo services business by sending introductory letters alongside our brochure to corporate organizations, merchants and warehouse operators, households and key stakeholders in New York City – New YorkPrint out fliers and business cards and strategically drop them in offices, libraries, publicfacilities and train stations et al.Use friends and family to spread word about our businessPost information about our company and the services we offer on bulletin boards in places like schools, libraries, and local coffee shops et alPlace a small or classified advertisement in the newspaper, or local publication about our company and the services weofferLeverage on referral networks such as agencies that will attract clients who would need our customized servicesAdvertise our business in relevant magazines, newspapers, TV and radio stationsAttend relevant expos, seminars, and business fairs et al to market our servicesEngage in direct marketing approachEncourage the use of Word of mouthmarketing from loyal and satisfied studentsJoin local chambers of commerce and industry to market our services.11. We will go all the way to explore every available sources of income in the Global Cargo Airlines industry.Below are the sources we intend exploring to generate income for Eagle Express Air Cargo, Inc.;Air transportation of cargoAirtransportation of national postal systemsChartered airfreight servicesScheduled airfreight transportationAirfreight transportation integrated services10. Overall, industry revenue is estimated to increase at an annualized rate going forward.Starting and operating an air cargo company can be capital intensive and challenging, but the truth is that itcan be rewarding at the same time. They do not intend to welcome any external business partner which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.N.B: We have been able to generate about 100,000 (Personal savings 80,000 and soft loan from family members 20,000) and we are at the final stages ofobtaining a loan facility of 500,000 from our bank. In other words, our target market is the whole of the United States of America and below is a list of the people and organizations that we have plans to do business with;Merchants and Warehouse OperatorsRetailers who would want to move their goods from one location to another viaairManufacturers (Chemical manufacturers, and Textiles manufactures et al)Corporate organizations who would want to move cargo via airGovernment agencies who have cause to move goods and materials from one location to another locations via cargoOur competitive advantageThe competitions that exist in the Global Cargo Airlines industry isstiff because anyone that has the finance and business expertise can decide to start this type of business howbeit on a small scale servicing a city or more. As the business grows, we will continue to review our pricing system to accommodate a wide range of clientele.The payment policy adopted by Eagle Express Air Cargo, Inc. Below are the salesprojections for Eagle Express Air Cargo, Inc., it is based on the location of our business and the wide range of services that we will be offering;First Fiscal Year (FY1): 1.5 millionSecond Fiscal Year (FY2): 2.5 millionThird Fiscal Year (FY3): 3.5 mill

Cargo airline business plan template. Please note that we don't own our cargo airline hence the reason for the budgeted amount.13. Sustainability and Expansion StrategyThe future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and business structure. .