General Aviation Value Analysis

General Aviation Value Analysis

Introduction

This paper intends to determine that out of all given choice, which mode of transportation is most efficient and economical for 2-6 business colleagues to travel to attend a business meeting. Detailed expenses are given of four modes of transportation, which are Automobile, Business Aircraft, Commercial Aircraft and other e.g. train.

Discussion

Comparison

Out of the four means of transportation requires critical analysis of business aircraft , commercial airline , automobile and train before recommending the most cost effective means of transportation to attend a business meeting.

The analysis is conducted of business aircraft, commercial airline, and automobile using GAVA (General Aviation Value Analysis). The GAVA is employed to analyze business aircraft, commercial airline and automobile in order to recommend a cost effective means of transportation to attend meeting. The GAVA is used to compare the costs of using commercial air versus business or automobile for travelling

While comparing the costs of using any of the three modes of transportation, it must noted that the business colleagues are required to make two trips, one a short trip, which may be around 400-800 flight miles on each way and the long trip, which maybe around 800-2500 flight miles on each way. The paper uses the data from GAVA (General Aviation Value Analysis) attachment in order to calculate total expenses for each of the mode.

Automobile

Business Aircraft

Commercial Aircraft

Other (i.e. Train)

Time

Cost

Time

Cost

Time

Cost

Time

Cost

Office to Airport-Airport to Office

400+1600= 2000 *3=6000

1.5 hr5.5hr

2.7*1300=$35105.5*1300=$7150

1hr*3=3hr

$240

9hrs

80*9=720720*3=2160

Time in airport, boarding, deplaning, rental car check-in

3hrs

3hrs*3=9

15mins*3=45mins*3persons=135mins

90*3=4.5hr60*3=3hr

$360$240

En route time

300mph

Other Expenses

Rental Car

55*3= 165

165

165

165

Hotel

525

525

525

525

Mileage on POV

Per Diem

65*3=195

195

195

195

Total Cost

Total Cost

$6894

$11545

$1745

$3045

From the above calculation it is clear that the best economical and efficient mode of transport is Commercial aircraft, which will cost $1,745 for 3 business colleagues to attend the meeting.

In the 21st century, globalization, population, and technological advances in various sectors have assisted to establish tourism into one of the world's biggest industries. According to a study, the receipts of tourism have reached more than $1100 billion by the end of 2006. In addition to that, this aviation sector has generated more than 350 jobs. Since, the sector has the ability of generating income, taxes, currency and jobs, the industry of tourism needs to develop more to make a significant contribution to the country's economy across the globe (Evans,pp. 350-372).

In the context of global aviation 'sustainability' usually refers to 'overarching'. According to definition of Sustainability, consumer-oriented lifestyle can be best evaluated through an Environmental Social Practice Approach (SPA). For environmental crises we always have pushed the blame of the ever-increasing population towards developing and under-developed nations until now. Ignoring the reality that our home grounds are also no lesser evil in destroying the environment, there is a bigger dilemma of our consumer-oriented lifestyle, which is depleting the present and available natural resources considerably and it also has turned out to be an essential problem to be concentrated to achieve the objective of the sustainability.

SPA tenders an integrative model to understand and analyze the transitions on the way to sustainable consumption at everyday life ...