INTRODUCTION: Aviation industry plays a key role in economic development‚ growth of tourism and social development. The Indian Aviation industry has witnessed a turbulent phase over the last few years. In the recent years‚ the industry saw the emergence of the low cost carriers and liberalisation of government norms which impacted the global aviation industry. More recently‚ the global economic downturn of 2008 dealt a severe blow to the aviation industry the world over. The article gives a brief
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EUROPEAN AIRLINES: IS THIS THE TROUGH? IS THIS THE TROUGH? AN ANALYSIS OF EUROPEAN AIRLINE INDUSTRY PRERNA GARG 08BSHYD0582 (CLASS OF 2010) A Report Submitted In Partial Fulfillment of the Requirements of MBA Program Of IBS‚ Hyderabad Distribution List: MR. ACHAL KUMAR ASTT. VICE PRESIDENT GLOBAL BANKING AND MARKET RESEARCH‚ HSBC BANGALORE Prof. PARAMITA MALAKAR Faculty Guide IBS Bangalore The summer intern who prepared this report certifies that the views 1 expressed herein
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Airlines PEST Analysis: The Indian Airline Industry A PEST analysis is an analysis of the external macro-environment that affects all firms. P.E.S.T. is an acronym for the Political‚ Economic‚ Social‚ and Technological factors of the external macro-environment. Such external factors usually are beyond the firm’s control and sometimes present themselves as threats. For this reason‚ some say that "pest" is an appropriate term for these factors. Let us look at the PEST analysis of the Indian aviation
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The U.S. Airline Industry The U.S. airline industry provides a unique service to its customers. It transports people and goods with efficiency and convenience which is not achieved by any other service. The purpose of this article is to collect data on the U.S. airline industry and analyze the state of the industry today. Data came from sources such as the Federal Aviation Administration‚ scholarly articles‚ and websites such as dallas.culturemap.com and airwise.com. Tools used to analyze the data
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Commercial Airline Industry Industry Analysis Porter’s Five Force Threat of New Entrants: - Low • Existing loyalty to major brands • Incentives for using a particular buyer (such as frequent shopper programs) • High fixed costs in R & D • Scarcity of resources (technical ) • High costs of switching companies (maintenance cost) • Government restrictions or legislation Power of Suppliers: - Moderate to high • There are very few suppliers
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Airline Industry Overview History The airline business has been in existence for over 75 years. There have been many upward and downward swings in the overall airline business economy. History has recorded that while 140 airlines have declared Chapter 11; only two have emerged. Today‚ the U.S. airline industry is facing an unprecedented financial crisis and the outlook is bleak. Only one major carrier that has shown a profit over the past four years and‚ in the same timeframe‚ the other major
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2.0 Background to the organization Firefly is the wholly-owned subsidiary by the Malaysia Airline System Berhad (MAS). Firefly is launched on April 3rd 2007 as well as it is the Malaysia’s first community airline that operated under FlyFirefly Sdn Bhd. the Malaysia’s first community airline also known as a new Malaysian no-frills airline. The name of Firefly is come from the characteristics of agility‚ brilliance‚ charm‚ and fun. Firefly offers a full service point-to-point carrier. The
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of alliances has also occurred in the Airline industry; this report discussed how these alliances gain economies of scales and synergies. The deregulation of the airline industry has open doors to more competition sand to further agreements such as the “open skies”‚ these agreements allows airlines to serve consumers more efficiently by offering extensive domestic‚ continental and intercontinental service networks. Through the formation of alliances‚ airlines have created economies of scale through
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Airline Industry Report Word Count:770 Introduction The airline industry delivers global mobility. They are fastest and most safe transport modes that other industry cannot compete with. It widers social and economic benefits. Size of the industry From the above figures‚ airline industry is one of the fastest growing economic sectors over the last 40 years (2.5 billion in 2011).It achieved ten folded expansion in travel volumes and a 14 times expansion in freight.The current market value
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Indian Aviation Sector 6 Challenges Faced by Airline Industry 10 Future Trends 11 Opportunities 12 References 14 Introduction The Airlines is one among the inventions that had changed the way how people live and experience the world. In due course of time it has now become impossible to imagine business and leisure travel without air travel. The airline industry exists in an intensely competitive market. In recent years‚ there has been an industry shakedown‚ which is expected to the trend towards
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