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Financial Plan

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Financial Plan
Question 2
Air Asia / West jet/ South west airline- Low cost carrier airline- relate to Fiji Airways
Factors that generate low cost Airline ?
All these candain airline is a low cost airline carrier:
Air Asia started with 2 air craft- now got a large number of aircraft.
Air pacific – co branding ( Fiji Airways)- got series of companies and is growing rapidly and is a big market. World’s largest low cost carrier – Major domestic airline that provides short haul, high frequency, point to point, low fare service. Provide highest quality of customer services, give profit sharing plans to employees. Fuel hedging – operated only one model of aircraft.
OUR NEW A330 – Fiji Airways- 2013, Air Pacific officially re-launch as Fiji Airways to coincide with a new, world-class experience which will bring the best of this warm nation to the skies. First plane design for Fijis international airline. highly fuel efficient with low carbon Rolls Royce engines. Business class features tilted flat beds and the economy cabin boasts shared power sockets, mood lighting and a large double disabled toilet that also contains a change table, giving parents with babies welcome room.

Samoa- air Fiji is using their aircraft now
Apia- take of time to Sydney * Buying a new aircraft will save millions and millions of dollars. * Fuel is a big cost of the airline- Huge utilization- every minute is safe at the airport- 20 mins turnaround is the cost saving * High utilization of the aircraft * Singly type of aircraft * Speed up how fast we can play * Light weight crew/ charming/ beautiful/ slim/ local killers * Fly into secondary airport * also for all less than six hours flight airlines dont provide meals and drinks, customer will need to buy it * They use airbus * Limited number of staffing- Customer pay online, book online, * Training- invest in the people

Strengths * Single type of fleet minimizes maintenance and the pilot

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