Application of Strategic Management in Domestic Airlines Operations in Nigeria:a Case Study of Aerocontractors Airline

Efficient and sustainable transportation systems are quite central to the development of a nation's economy, several attempts have been made to improve the private sector participation in the air transport operations in Nigeria in the last fifty years. many of them become defunct within a few years of operations. This study compares the defunct airlines in Nigeria with the ones in developed nations like the united kingdom and the united states of America. The operations of the Aero contractors has been presented as a case study in the application of management by objective strategies and principles, the airline has gone into critical operation and has been placed in receivership but with prudent management through the application of strategic management by objective, the airline is able to return into full operation and is now on the path to complete recovery. Date-sets including review of video materials obtained from the airline, interviews and questionnaire were collected from administration and review of published records. Results from the analysis show that the application of strategic MBO is the main impetus that has created the driving force behind the airline and also it indicates from the survey conducted across various industry stakeholders that these same principle can be advocated for application across industry to salvage other airline that may find themselves in similar circumstances.