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MFC External Analysis
MFC External Analysis
PESTEL ANALYSIS
Political:
- Changes in aviation regulations by government bodies, such as Transport Canada, can result in
modifications to training requirements, safety standards, and operational procedures.
- Subsidies or funding for aviation education and training programs provided by the government
can have an impact on the college's financial stability.
Economic:
- Fluctuations in the economy can make flight training less affordable for prospective students,
thereby affecting the college's revenue.
- Changes in fuel prices, inflation, or currency fluctuations can influence the college's operational
costs.
Social:
- Shifting demographics and preferences among aspiring pilots or aviation professionals can
affect demand for specific training programs.
- Changing societal perceptions regarding air travel safety, environmental concerns, or career
choices in aviation can impact enrollment rates.
Technological:
- Integration of advanced flight simulators, virtual reality, and e-learning platforms can enhance
training methodologies but might require significant investment.
- Emerging technologies might disrupt traditional training methods, compelling the college to
stay updated with modern training techniques.
Environmental:
- Moncton's climate and seasonal changes can impact flight training schedules and outdoor
training activities.
- Increasing focus on environmental sustainability might lead to pressure for more eco-friendly
aviation practices, impacting training protocols.
Legal:
- Adherence to stringent aviation safety standards and certifications set by regulatory bodies is
crucial for the college's operations.
- Concerns over liability and legal responsibilities in case of accidents or mishaps during
training are important considerations.
https://www.247caseanalysis.com/case/Moncton-Flight-College-17827-Pestel-Analysis
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