The Management Strategies for Resource Dependency Risk in Aviation Business

The objective of this study was to extend the prior literature and examine the link between the corporate management strategies in view of resource availability uncertainty with practices in civil aviation business. The collection of data for the analyses of the hypotheses has been gathered by interviews that were held with the high level executives from TAV Airport Holding: TAV companies practices have been investigated to expose the relationship between the resource dependence and the risk management practices. It has been concluded in the research that resource dependence and theories of transaction costs, especially in managing the uncertainty of sourcing are taken into account for development of the corporate risk strategies. In this study, it has been tried to obtain information about the practices in the sector with using semi-structured interviews from the qualitative techniques. Also, interviews were conducted with the senior managers of Sun Express Airlines and the Budapest Manager of Turkish Airlines and Fraport IC İçtaş Antalya Airport Terminal Investment and Management Inc., as well as the interview form was presented. Therefore, both airport station management and airline management were in the scope of the study. It has been tried to obtain the total original image with the leading representatives of the sector in the country and the perspective of enterprise risk management in the light of the hypotheses. The findings were proved that in order to achieve in business strategies, corporates should be find optimum way about providing scarce resources. Setting of resource dependency based strategies were find necessary for competitive differentiation and the institutional sustainability. What we were conclude is, manager’s strategies may changes according to resource uncertainty, the resource availability and its competitive qualifications.