Expenditures of Regent Airways

Abstract

Competition with the airlines industries are increasing day by day. Airlines are becoming more familiar also day by day. Apart from the international airlines industries we have few Bangladeshi airlines company. Novo Air, Regent Air, US Bangla, Biman Bangladesh Airlines and United Airlines which currently stop their operation due to bankruptcy. Among these five airlines company in Bangladesh Regent is doing better and trying to do better in the nearest future. Managing passengers is difficult to any industry. Regent is managing its potential customers very efficiently. There are two types of customers. One is business customer and another is economy customer. Regent is managing both the customers in an effective way. Managing suppliers is also a difficult part to any industry because high or low bargaining power of the supplier plays a vital role to run a company. Moreover, a company like Regent Airways who are totally dependent on their suppliers, face many difficulties to manage their suppliers and expenses. To upgrade their sell Regent has different agencies who are selling their tickets every day in a huge amount. They have their own sales outlets, sales counters too but besides this, they have those agencies that are selling their tickets and getting commissions. As the competition is increasing day by day among the airlines industries so it is also becoming very challenging to maintain the proper quality and service to the passengers. Still Regent Airways is trying its level best to ensure the top quality and service ahead.