1. INTRODUCTION Despite its overwhelming small physical size and lack of natural resources‚ the Singapore economy has experienced rapid economic development since its independence in 1965. Within those few decades‚ Singapore has metamorphosed from a third world country to one of the countries with the highest GDP globally (292% of global average in 20131). GDP grew with an average of 7.7% since independence; and topped 9.2% in the first 25years. Per capita GDP over the same periods grew by 5.4%
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Business Strategy…………………………………………………………………… 2.1. General profile of the Airline Industry…………………………………………. 2.2. Competitors Overview and Situation analysis………………………………... 2.3. The Competitors………………………………………………………………… 2.3.1. Air Arabia………………………………………………………………… 2.3.2. Etihad Airways……………………………………………………………. 2.3.3. RAK Airways……………………………………………………………… 2.3.4. Competitive advantage of Emirates Airlines…………………………... 3. Strategic Marketing Focus…………………………………………………………... 3.1. Mission……………………………………………………………………………
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TURKISH AIRLINES MARKETING STRATEGY 1. Airline Overview Turkish Airlines‚ Turkey’s national flag carrier‚ was founded in Ankara on 20 May 1933 as “State Airlines Administration‚” under the direction of the Ministry of Defence. In 1955‚ it was restructured into “Turkish Airlines”. 25% of the company was sold via an SPO under a privatisation programme in 2005. Today 50.9% of the company shares are public‚ while the rest remain state-owned. In 2008‚ Turkish Airlines has kept its position ranked
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Classic Airlines Marketing Solution Classic Airline‚ the world’s fifth largest airline is experiencing marketing problems which are causing the company to lose profit in various facets of the company (University of Phoenix‚ 2013). Having an understanding of the problems at hand‚ the company’s Senior Marketing Leadership team has been tasked to come up with a high resolve marketing plan that will help the company come out on top by maintaining satisfied Classic Rewards members‚ meet the board of
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Classic Airlines Marketing Solution Introduction The world economy is increasingly been fuel by Service businesses‚ with stiff competitions‚ most companies are finding it difficult to differentiate their physical products. To have that competitive edge over competitors‚ it is critical for service businesses to understand the special nature of services (Kotler‚ & Keller). One such company that is finding it difficult to understand the nature of services is Classic Airlines. The company is the
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Classic Airlines Marketing Solution University of Phoenix MKT/571 RUEDIGER MUELLER‚ Ph.D. August 28‚ 2012 Classic Airlines Marketing Solution Classic Airlines has seen decreases in its profit and number of members in its Classic Rewards program (University of Phoenix‚ nd.‚ p. 1). Senior executives and marketers at Classic Airlines have noticed that customer satisfaction levels have become greatly affected‚ thus creating a concern because organizational profits
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Introduction This paper is going to examine using the statement of accounts and published performance information for two companies: Malaysian Airlines and Singapore Airlines‚ compare and discuss the effectiveness of the financial information for the users of financial accounts. The company’s managers‚ stockholders‚ suppliers‚ lending institutions‚ employees‚ customers‚ government‚ competitors are the users of financial statements. These are considering the international and external shareholder
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Marketing Management Turkish Airlines Marketing Plan 2010 Table of Contents Terms of Reference3 Executive Summary3 Business Mission3 External Marketing Audit Macro-environment4 Micro-environment5 Internal Marketing Audit7 Operating results7 Strategic Issues Analysis 9 Marketing Mix Effectiveness10 Marketing Structures and Systems11 SWOT Analysis12 Marketing Objectives13 Core Strategy13 Marketing Mix Decisions13 Budget14 Organization and Implementation15
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Running head: CLASSIC AIRLINES AND MARKETING PAPER Classic Airlines Marketing Plan MKT 571/Marketing Classic Airlines is up against not just one challenge but several challenges they need to deal with. Unfortunately travel has decreased as a result of uncertainty with regards to flying; this has forced the stock prices to be reduce decreasing the price of a share of Classic Airlines stock by 10% over the previous year. The negative messages being conveyed by Wall Street and the
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To: Adrian Edwards From: Guler kaya Date: 03 November 2011 Report title: The marketing plan of Turkish Airlines 1 Introduction / Terms of Reference The report will be concluded with an overall summary of the company situation‚ market share and evaluation of its future marketing activities. The objective of this marketing plan is further developing Turkish airlines market share in 2010/11 period through marketing program and initiatives. Savoir of the Turkish nation and motherland‚ founder
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