Research Paper on:
Proposal for a New Low-Cost Airline in Oman

Unformatted Sample Text from the Research Paper:
and Muscat to Khasab. The only airline currently serving these routes is Oman Air, with fares in excess of $400 for around ticket. By starting up a new airline and  selling tickets under $300 mark (it is expected the average ticket price will be $275), the new airline is hoping to tap into a new market gaining passengers who would  otherwise have travelled using other forms of transportation. Costs will be kept low by offering a no-frills service, unlike Oman air, with the majority of tickets sold through the Internet.  The service is rejected at starting in November, as it is expected there will be no problems in gaining the relevant operating licences. The first three months there will be  one return flight a day, per month for onwards it is expected there will be two return flights a day on each route. Projections indicate that this could be a  very profitable enterprise. The first year profit after tax is projected at being $18,812,042 and rising to $21,585,101 in year two. Table of contents 1. COMPANY BACKGROUND 3 2. PROPOSED NEW PRODUCT 3  3. THE MARKET IN COMPETITION 5 3.1 The Market 6 3.2 The Competition 7 4 PEOPLE AND STAFFING PLANS 11 5. FINANCIAL INFORMATION 12 6. FINANCIALS 13 REFERENCES 21 Table of Figures Figure 1; Hours per route 13 Figure 2; Cost of fuel  per journey 14 Figure 3; Cost of fuel per hour 14 Figure 4 Total flying hours for the first year 14 Figure 5; Total flying time for second year 14 Figure 6 Direct Costs 14  Figure 7 Ticket Sales and KM figures Year 1 15 Figure 8 Ticket Sales and KM figures Year 2+ 16 Figure 9 Indirect operating costs (all years) 16 Figure 10; Block hours cost  year 1 18 Figure 11 Block hours cost year 2 18 Figure 12 Profit and Loss for Year 1 18 Figure 13 Profit and Loss for Year 2+ 20 1. Company Background