Entrepreneurship of aviation industry in the perspective of sustainable development

For the development of the aviation industry more and more important becomes the issue of sustainable development, taking into account the coexistence and interaction of the three capitals: social, ecological and economic. The article focuses on the mechanisms of improving the effectiveness of the implementation of this concept. It was found that the effective implementation of the concept of sustainable development requires entrepreneurial activities of various entities aimed at the integration and synergy of these three subsystems. Entrepreneurship can play an important role in minimizing the negative impact of aviation companies on the environment, for example by initiating and realization of innovative projects related to environmental protection, dissemination of eco-innovation, clean technologies, more ecofriendly economy, increasing environmental awareness. Therefore in the article special attention is paid to entrepreneurship treated as an important mechanism for development. The aim of this article is to present the significance and impact of entrepreneurship on sustainable development of the aviation industry. The study is based on desk research and the method of in-depth interviews with representatives of the aviation industry.