IIPM Ranked No. 1 B-School In Global Exposre - Zee...
M. Thiagarajan,
MD and CEO,
Paramount Airways
One of his favourite pastimes as a child was juggling (that he claims indirectly taught him time management). Now his favourite hobby is star-gazing & celestial navigation as ‘Astronomy’ remains close to his heart. Whenever he gets time he loves ‘Flying’ in his Cessna. Call him the ‘Southern knight in shining armour’ or M. Thiagarajan, Managing Director, Paramount Airways, the youngest airline CEO in the world, he will humbly smile and modestly reply, “According to me, vision, knowledge, determination are the three most important qualities of a leader who wants success.” He was barely thirty years old, when he was driven into the airline business. At a time, when many other captains were failing and falling, this young kid, in no time, turned Paramount into a profitable venture. Under his leadership, Paramount Airways has won the award for international quality too – The Century International Quality Era, in the gold category. A mind to old, a body too young, literally!
4Ps B&M: Many airlines in India, after their inception could not perform well. Is it because of the improper planning & administration?
MT: Fundamentally, I don’t think the Low Cost Carrier (LCC) model will work at all in India because we don’t have secondary airports here, as in US or Europe. We don’t also have the benefits that low cost Airlines operating in US or England are availing. The cost of operations in a secondary airport is extremely low, compared to the primary airports. As we don’t have any designated secondary airports in India, we have the similar Landing costs and parking costs for all airports. Then, there is substantial cost saving in terms of logistics also. It is one of the major cost differentiator. In US and Europe, the cost of food offered in ‘frill’ airlines is huge compared to what it is here. Then, the cost of fuel is the same for all the airlines. The technical staff is the next highest cost contributor that’s same for all.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
M. Thiagarajan,MD and CEO,
Paramount Airways
One of his favourite pastimes as a child was juggling (that he claims indirectly taught him time management). Now his favourite hobby is star-gazing & celestial navigation as ‘Astronomy’ remains close to his heart. Whenever he gets time he loves ‘Flying’ in his Cessna. Call him the ‘Southern knight in shining armour’ or M. Thiagarajan, Managing Director, Paramount Airways, the youngest airline CEO in the world, he will humbly smile and modestly reply, “According to me, vision, knowledge, determination are the three most important qualities of a leader who wants success.” He was barely thirty years old, when he was driven into the airline business. At a time, when many other captains were failing and falling, this young kid, in no time, turned Paramount into a profitable venture. Under his leadership, Paramount Airways has won the award for international quality too – The Century International Quality Era, in the gold category. A mind to old, a body too young, literally!
4Ps B&M: Many airlines in India, after their inception could not perform well. Is it because of the improper planning & administration?
MT: Fundamentally, I don’t think the Low Cost Carrier (LCC) model will work at all in India because we don’t have secondary airports here, as in US or Europe. We don’t also have the benefits that low cost Airlines operating in US or England are availing. The cost of operations in a secondary airport is extremely low, compared to the primary airports. As we don’t have any designated secondary airports in India, we have the similar Landing costs and parking costs for all airports. Then, there is substantial cost saving in terms of logistics also. It is one of the major cost differentiator. In US and Europe, the cost of food offered in ‘frill’ airlines is huge compared to what it is here. Then, the cost of fuel is the same for all the airlines. The technical staff is the next highest cost contributor that’s same for all.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
No comments:
Post a Comment