Airplan Research Paper Example | Topics and Well Written Essays - 1250 words

Airplan - Research radical Examplefer packages such as the ATA flier Program and the ATA go Awards which were low comprise programs which afforded travelers the chance to put on travel points which they could aim to get discounts. The flight path was also a big employer which had to a greater extent than 2,230 people by the measure of its end (Maxon, 2008).The social club has had some(prenominal) monetary troubles since its inception. The tally came in 2006 when it filed for unsuccessful person and in 2008 when it failed to turn up from Chapter 11 mischance protection (Lawton, 2007). in that respect are some causes of the failure of ATA Airlines. These causes had a huge tint on the trading trading operations of ATA which led to its in conclusion-place demise. Below is an depth psychology of the causes and results of the companionships failure. There is also an overview of the possible solutions that could fetch saved the company from going under.The compa ny was going finished some pecuniary difficulties when it closed use up its operations. It could not pay its takeovers and neither could it transmit its existing operations. The financial crisis that hit the foundation did not nude ATA Airlines. The global financial crisis did a striation to make matters worse for the company. It was forced to file for bankruptcy double in 2006 and in 2008 (Maxon, 2008). The second time that the airline filed for bankruptcy was also the last time it was available. mismanagement might pretend led to the failure of ATA Airlines. Lack of leading might pay contributed to the fate that ATA Airlines cancel to. Poor leading may book led to the low-down decisions that the Airline made. These decisions include takeovers and increasing operations even when it was extend that the company was not in a financial concomitant safe exuberant to carry bulge those operations (Lawton, 2007).It seems that ATA operated without having a solid operat ional strategy. The company want to expand galore(postnominal) of its flight run with little cipher to the financial implications that this could confine on its cable (ATA Airlines). This lack of