What change would you put in place to turn company around

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Reference no: EM132843682

Scenario - You are the CEO of a mid-size passenger airline company for the past ten years. You have recently received several negative status reports from your market, maintenance, operation, and finance departments, which has resulted in a major loss of profits. In the market report, the same advertisements have been used for the past eight years; in the maintenance report, your aircraft are aging and resulting in a 40% increase in required maintenance to keep them flying safely (folks have been cutting corners to get the aircraft up and back on the schedule); in operations, because of the increase in maintenance, it is difficult to provide ample aircraft to meet the flight schedule; and finance is reporting a substantial loss in profits.

As the CEO of the company, what change would you put in place to turn your company around, more specifically, in the Maintenance Department?

Reference no: EM132843682

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