International Money and Finance Assignment Example | Topics and Well Written Essays - 2500 words

International Money and Finance - Assignment ExampleWilson Cobbett Ltd during 1870s (Yahoo Finance 2007). With this humble beginning, the business organization has risen to become one of the worlds recognize aviation companies capitalizing on its leading food grocery position and strong growth potential. BBA Aviation reports annual sales of 1 one million million, employs approximately 10, 700 individuals, and operates in 11 countries. The companys study markets include the United States, Asia, the United Kingdom and Europe, while maintaining its headquarters in London, England (BBA Aviation Plc 2007).BBA Aviation Plc focuses on the provision of flight support work and subsequentlymarket services and systems. The companys Annual Report 2006 states that it focuses on extending primary services such as providing flight support to business and commercial aircraft at almost 150 locations widely distributed overhauling turbine engines together with the supply and repair of related components licensing components from OEM s Original Equipment Manufacturers and assuming responsibility for their support in the Aftermarket designing, manufacturing, and repairing of aircraft landing gear and hydraulic systems and training pilots and the provisions of new(prenominal) services at Oxford airport.During 2006, BBA Aviation reports a total turnover of 950.1 million, 556.4 million (59%) of which is sh atomic number 18d by its flight support division while the remaining 393.7 million (41%) is accounted for by its aftermarket services and systems (Annual Report 2006). Figure 1 further divides the companys total turnover in 2006 among its business units.Figure 1. Shares of Business Units in BBA Aviations Total disturbance(2006, in million)III. The Global Aviation MarketArmed with its commitment in the provision of excellent products and services to its customers and its cultivated expertise gained through its experience in the market, BBA Aviation is recognized as one of the leaders in the global aviation market. Based on the total value of its turnover in 2006, BBA Aviations biggest market is the business and general aviation market which accounts for 65% of its total revenue. The company also captures a large share in the commercial aviation mainly on flight support as this segment provides 30% of its turnover. The business organization has a very limited presence in the military market which shares a meager 5% to its gross earnings (Annual Report 2006). Figure 2. The Markets of BBA Aviation(based on sales percentage)A. General and Business AviationThe companys operation in the general and business aviation market has been challenged by the historically high crude oil costs coupled with the rise in average retail jet fuel prices. Amidst these threats in the market environment, BBA Aviation Plc reports a generally robust growth as business aircraft utilization recovered and remained strong after the temporary softening in flying hours during the e arly 2006 (Annual Report 2006). The business organizations outlook for this market segment is bright as demand for its products and services are expected to rise driven by the continued growth of traditional corporate flight