#212 The master plan to turn around your business | Peter Oncken | Bootstrapping Your Dreams Show

<p>Welcome to this episode of “Bootstrapping Your Dream Show.” I am Manuj Aggarwal, and I will be having a very interesting conversation with Peter Oncken.</p><br><p><br></p><p>Peter Oncken is the managing director of INTRO Aviation, Corsair’s parent company, a long-haul specialist French airline based in Rungisand based at Paris-Orly Airport. Corsair has been chosen by more than 1 million passengers every year since 1981.&nbsp;</p><br><p><br></p><p>Peter leads all airline investment and acquisition projects and manages the airline investments personally along with his highly skilled team.</p><br><p><br></p><p>As an accomplished lawyer, Peter has profound expertise of 16 years in the aviation industry with a focus on strategy, restructuring and turn-around processes, strategic planning and corporate development, cost reduction programs, efficient group structures, and governance, turnaround planning and management, carve-out and spin-off strategy as well as analysis and feasibility evaluation of start-ups.&nbsp;</p><br><p><br></p><p>Before acquiring Corsair, of which he is the chairman, Peter served as a non-executive chairman at Ireland’s CityJet Ltd. He also actively managed and turned around LTU International Airlines, FlyNext Airlines, served as a board member at DBA, and invested in the ongoing South Korean low-cost carrier project, Aero K, which Intro Aviation advises exclusively.</p><br><p>Glad to have you on the show, Peter.</p><br><p><strong>Peter Oncken talks about:</strong></p><br><p>(1:56) Transitioning a career from being a lawyer to starting an entrepreneurial journey in Aviation.</p><br><p>(5:17) How Peter entered into the entrepreneurial life of the aviation industry?&nbsp;</p><br><p>(6:04) How did Peter understand about Aviation business?</p><br><p>(13:50) How resourceful, companies are not able to generate profits.</p><br><p>(18:21) Views on the airline’s industry hit by the pandemic and how airlines respond to the pandemic’s challenges.</p><br><p>(22:32) How consumer behavior is changing post-p