transportation for people and products; It has been a way to travel faster and better overall. The airline business is a major industry‚ relied upon by millions not only for transportation but also as a way of making a living. In 2001‚ the industry dealt with the effects of another economic downturn‚ as business travel decreased substantially while labor and fuel costs increased. The events 9/11 greatly magnified the airlines’ issues‚ leading to a sharp decline in customers and significantly higher operating costs
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v 2.0 / 1.7.2008 Indian Institute of Management Bangalore The Indian Airline Industry in 2008 By Rishikesha T. Krishnan Professor of Corporate Strategy & Policy 1 v 2.0 / 1.7.2008 The Indian Airline Industry in 2008 1 A 19% hike in the price of Aviation Turbine Fuel (ATF) announced by India’s oil companies at the end of May 2008 jolted the Indian airline industry. With this hike‚ ATF prices had roughly doubled in a year‚ and tripled in four years. A concerned Civil Aviation Minister‚ Praful
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9-803-133 REV: MARCH 11‚ 2003 JAMES L. HESKETT Southwest Airlines 2002: An Industry Under Siege Amid Crippled Rivals‚ Southwest Again Tries To Spread Its Wings; Low-Fare Airline Maintains Service‚ Mulls Expansion In Risky Bid for Traffic — Front Page Headline‚ The Wall Street Journal‚ October 11‚ 2001 The Age of “Wal-Mart” Airlines Crunches the Biggest Carriers; Low-Cost Rivals Win Converts As Business Travelers Seek Alternatives to Lofty Fares — Front Page Headline‚ The Wall Street Journal
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Southwest Airlines Tracy D. Braswell Benedictine University The domestic airline industry is emerging from its lost decade. Carriers suffered two recessionary swoons (one due to September 11) and a fivefold jump in fuel prices causing fifteen carriers to go bust. As frequent fliers know too well the salvation for most airlines has been to stick passengers with fees‚ reservation changes‚ bags‚ food‚ movie and headset to name a few. None of it‚ however‚ went to Southwest Airlines two and a
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Background THE NORTH-SOUTH AIRLINE Northern airlines merged Southeast Airlines to create the fourth largest U.S. carrier in which it inherited both an aging fleet of Boeing 737-300 aircraft and Stephen Ruth. As the new president of the airline‚ Stephen’s first concern is to create a financially solid company since it is a common presumption for airline industries that maintenance costs rise with the age of aircrafts. He noticed that there have been significant differences in the reported B727-300
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AIRLINE CATERING PROJECT REPORT AIRLINE CATERING PROGRAMME NAME: B Sc IN HOTEL MANAGEMENT & CATERING OPERATION DECLARATION BY THE STUDENT AIRLINE CATERING Project Report submitted to Yashwantrao Chavan Maharashtra Open University in partial fulfillment of the requirement for the award of Bsc. In Hotel & catering operations programme code V76. I hereby declare that this is my original work and has not been submitted or copied from elsewhere.
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Introduction Singapore Airlines (SIA) was created in 1972 and was fully state owned. The company expanded rapidly‚ and with a strategy of concentrating on customer needs by providing exceptional in-flight service‚ the airline quickly became a noteworthy competitor in the market. During its formative period in the 1970s‚ SIA developed all the hallmarks that made it one of the most successful and consistently profitable airlines in the world. Through a constant investment in personnel skills and
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An Economic Analysis of the Airline Industry The history of the modern United States airline industry can be traced to the Boeing Company’s introduction of the 707 jet model in 1952 (The Airline Monitor‚ 2005). The earliest airline companies actually formed in the days of the propeller-driven craft when passenger capacity was limited to relatively small airplanes. Shortly after the successful introduction of Boeing’s 707‚ passenger traffic increased to the point that trains and ships quickly
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This paper evaluates the key financial challenges facing organizations in Risk Management‚ Managing International Acquisitions‚ and Managing Working Capital simulations. Secondly‚ an evaluation of Southwest Airlines (SWA) management of working capital and the optimal financial strategies employed is presented. Also evaluated are the potential improvements in financial performance along with long-term and short-term strategies. Lastly‚ considered in this paper is whether a merger or acquisition
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Introduction This report will study the airline easyJet‚ one of the best low cost airlines in Europe; it will explain how easyjet use the right tools to succeed in the European market‚ using the best strategies. It will analyse this process with the use of PEST and SWOT‚ wich are two tools used for studying the company internally and externally. It will study easyjet’s key issues such as the relationship with business passengers‚ the various ways how it protects the environment and how
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