enough to bring the airline industry out of hot water. Most of the airlines have accumulated vast amounts of debt which brought them on the verge of bankruptcy. The list includes Atlas/Polar Cargo‚ Midway‚ National‚ Sun Country‚ TWA‚ United and US Airways. American and Delta airlines narrowly avoided bankruptcy but have warned about such possibility. "An average carrier is now well over 90% leveraged (net debt to equity ratio) compared to 60-70 percent
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GEL Assessment 2/ 9020445 /Jan-13/2 PART 1 On Wednesday 09th January 2013‚ Qatar Airways CEO Akbar Al Baker announced that the first commercial flight using the new Jet Fuel (GTL-Gas to Liquid) would fly from Doha to London. (http://www.qatarairways.com/english_global/pressrelease.page?pr_id=pressrelease_pressrelease_20130109) These words came from a man who had taken Qatar airways from a fleet of 4 aircrafts in 1997 to one of the fastest growing airlines in the world. In 2011 it reached 2
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MANAGEMENT FINANCIAL CONTENTS (INCLUDING CORPORATE GOVERNANCE) INTERESTED PERSON TRANSACTIONS MATERIAL CONTRACTS USE OF PROCEEDS FROM INITIAL PUBLIC OFFERING AND RIGHTS ISSUE SHAREHOLDERS’ INFORMATION NOTICE OF ANNUAL GENERAL MEETING PROXY FORM tiger airways holdings limited annual report 2012 financial year ended 31 March 2012 1 CORPORATE INFORMATION BOARD OF DIRECTORS Mr. Joseph Yuvaraj Pillay Independent Director and Chairman Mr. Chin Yau Seng Executive Director and CEO Ms. Rachel Eng Yaag
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BRITISH AIRWAYS Introduction: The world today has evolved in numerous ways thanks to the many inventions and discoveries‚ but few have changed the way people live and experience the world as deeply as the invention of the airplane. The industry has progressed to the point where now it would be impossible to think of life without air travelling (for developed countries). Thanks to this‚ long distances have been somehow shortened’ hence altering people’s concept of distance. As well‚ making it
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The 4 Ps «Marketing Mix» Of British Airways Content: 1) Introduction: * History of the company * Marketing Mix 2) Applying theory * Product * Place * Price * Promotion 3) Conclusion British Airways was established in 1971. In 31 march 1984 it was including 2 national airline companies (BOAC‚ BEA) and 2 regional airline companies (Cambrian airways‚ Northeast airlines).BA which is for British Airlines is one of the members of Oneworld airline alliance with
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In a relatively short time‚ Qatar Airways has grown to over 120 destinations worldwide‚ offering unmatched levels of service excellence that have helped excel the award-winning carrier to become best in the world. Voted Airline of the Year 2011 and in 2012 in the prestigious Skytrax industry audit‚ Qatar Airways has won the confidence of the travelling public. Travel by air has reached the point where it has been taken for granted in all corners of the globe. With a larger number of passengers
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737s * Customer service * Successful marketing | Weaknesses * Growth into congested markets * Heavy dependence on Boeing * Contractual obligations * AirTran integration * Boeing 717s * Labor relations | Opportunities * Near-international destinations * In-flight WIFI and live sports * Growth from AirTran * Traveler traffic growth | Threats * Fuel price volatility * Diminishing advantage as low-cost carrier * Regulation * U.S. economic condition |
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similar to the Coca-Cola Company is that the airline has not stemmed away from the core product as in airline travel. I personally travel with Southwest Airlines all the time and although they have not changed the name as of yet but they purchased AirTran Airlines in 2010. So keeping along the same lines and not veering away from the core product again makes us feel that the strategy used was Concentric Diversification. Another aspect discussed is that the CEO of the company attempts to save a fuel
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Southwest Airlines’ Strategic Management Chungsun Park Nonhanhla Nene Mohit Khatri Junbai Ma HOS 407 – Strategic Management Dr. Richard L. Valente 12/12/2011 Table of Contents Executive Summary 3 Mission‚ Vision‚ Values‚ and Goals 4 Organizational Structure 5 Management Process and Roles 6 Porter’s Five Forces 6 Threat of New Entrants 6 Threat of Substitute Products 8 Bargaining Power of Suppliers 9 Bargaining Power of Buyers 10 Rivalry 11 The Roots of Competitive
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SUBJECT: JetBlue Airways Key strategic issues faced by JetBlue Airways JetBlue Airways was established in USA as a low-cost domestic airline carrier. The company started operating as a point-to-point carrier‚ providing quality customer service at competitive prices. Basically‚ the main strategy of JetBlue is to offer its clients a combination of low fares and product differentiation. In terms of strengthening its market positions‚ the following key strategic issues
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