Oct 05, 2024
OHIO University Undergraduate Catalog 2024-25
AVN 4800 - Business in Aviation
This capstone is a study of business aviation operations, management and finance to include corporate, fractional, charter, Fixed Base Operator (FBO), and various aviation business models. Students will apply research methods to actual cases from business partners and function as aviation business consultants. The result will require a synthesis of ideas and suggested solutions presented to the business partners.
Requisites: AVN 3900 and (MGT 2000 or MGT 2100) and Sr only
Credit Hours: 3
OHIO BRICKS: Bridge: Learning and Doing, Capstone: Capstone or Culminating Experience
General Education Code (students who entered prior to Fall 2021-22): 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Students will be able to define the use of a travel analysis in determining the need of an aircraft.
- Students will be able to discuss and give examples of leadership (be, know, do) and effective communications.
- Students will be able to discuss structural changes taking place in business aviation and the role played by the FBO.
- Students will be able to discuss, generally, the overall operations and management of an on-demand air transportation service.
- Students will be able to explain the alternative methods available for a firm to acquire the use of a business aircraft.
- Students will be able to explain the importance of sustainable leadership, effective management, professionalism and how they correlate to customer service, personnel retention and corporate culture.
- Students will be able to explain the management functions of planning, organizing, staffing, directing and controlling successful flight dept.
- Students will be able to list and explain the principal variable/direct costs and fixed/indirect costs and how they are used to calculate hourly aircraft costs.
- Students will be able to perform a SWOT analysis on self, team peers and an assigned corporation (10k/SEC filings, etc.).
- Students will be able to research and analyze corporate aviation needs and operations.
- Students will be able to review operations manuals and provide educated suggestions for improvements.
- Students will be able to synthesize ideas and suggest solutions to be presented to the business partners.
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