Successful startup airlines begin with a sound business plan. This detailed planning document typically includes:
- Analysis of the market and competition
- Brand positioning
- Description of the business and opportunity
- Details about the operation
- Management team biographies
- Discussion of risks and obstacles
- Pro forma financial statements/projections
- Capitalization plan
- Brand development
- Implementation strategy.
The business plan is the fundamental starting point for working effectively with the StartupBoeing consulting team.
StartupBoeing provides free review services of the business plan and corresponding financials. We offer constructive suggestions, question assumptions, and challenge the entrepreneur to prove the concept just as prospective investors might. For entrepreneurs requiring assistance in preparing the plan itself, StartupBoeing can suggest advisors worldwide who specialize in such services.
The Conceptual Foundation
For an entrepreneur in the conceptual stages, the following documents may prove helpful in charting the course and evaluating a potential opportunity.
The Airline Planning Roadmap (PDF) offers a conceptual sense of the necessary steps in launching an airline from idea through launch.
Business Plan Questions (PDF) provides a list of important questions to consider when writing the business plan.
Brand Foundation Overview (PDF) provides a list of steps to take to position your emerging brand based on your market analysis and a need to differentiate from existing competitors.
Structuring the Plan
The Airline Business Plan Outline (PDF) is a tool for capturing many of the important elements for successfully starting and operating an airline. While it is not a comprehensive structure for all airline concepts, it can serve as a starting framework for a business plan.