History JetBlue Airways Corporation (JetBlue) was founded in 1998 in Delaware by David Neeleman‚ a former Southwest executive. The airline began operations in 2000 based out of JFK International Airport (JFK) in New York. JetBlue currently has over 12‚900 employees and has been repeatedly ranked as number one in customer service among low-cost carriers by J.D. Power & Associates. As of December 31‚ 2010 the company operates over 650 flights daily‚ servicing 63 destinations in 21 states‚ including
Premium Management Psychology Learning
The world’s largest economy sank into a recession in March‚ ending 10 years of growth that was the longest expansion on record in the United States‚ a group of economists that dates U.S. business cycles said Monday. The National Bureau of Economic Research (NBER)‚ composed of academic economists from Harvard‚ Stanford and other universities‚ joined a chorus of economists and investors who were saying that a recession had already begun. The group posted its decision on its Web site. The NBER
Premium Economics Unemployment Bill Clinton
How AIG was affected by U.S. recession: AIG is an insurance corporation that is multinational. They have headquarters in New York City‚ London‚ Paris‚ and Hong Kong. In the year 2000‚ the company held the title for the 29th largest company in the world. Things took a turn for the worse in this company when‚ in 2008‚ they suffered from a liquidity crisis and its credit ratings were downgraded below “AA” level. AIG had to take out a number of down loans and had to sell a number of its subsidiaries
Premium Subprime mortgage crisis Debt
HRM in Indigenous and MNCs in the current recession. Ireland has one of the most globalised economies in the world. One of its main attributes is the prioritising the attraction and retention of FDI through a combination of incentives‚ particularly low corporation tax and liberalised trade policies. The success of this policy is manifest in the large numbers of MNCs located there and its status as one of the world’s most FDI-intensive economies (Barry‚ 2007; Rios-Morales and Brennan‚ 2009). Ireland
Premium Human resource management Management Trade union
The financial recession of the late 2000s has been known as the best monetary downturn our nation has confronted since the Great Depression. I agree with the idea the author was trying to address regarding poverty and its source. The federal job guarantee is a policy that would pretty much give anyone an opportunity to work in a public sector program. American organizations and banks are coming up short‚ abandonments are spreading out of control fire‚ and unemployment numbers have achieved twofold
Premium Unemployment Monetary policy United States
BUS6A2 - BUSINESS STRATEGY EasyJet Business Strategy Overview Berkay Dogan Emre Durmaz Hadrien Giry Deloison Valentine Kirgener de Planta 4569 Words. 1 Executive Summary This report will overview the industry EasyJet operates in‚ analyse its structure‚ macro environment‚ strategic group as well as the major strategic issues‚ business
Premium Airline Southwest Airlines Low-cost carrier
Running head: BRITISH AIRWAYS British Airways Teresa C. Johnson MGT 3113 System Approach to Organizational Change July 17‚ 2011 Mid-Continent University British Airways From the perspective of organizational development‚ there should be a planned effort to increase the organizational effectiveness and health. On the other hand the wild cat strike happened because there was forced imposition. There was a one-sided decision taken to introduce swipe cards. It was unplanned
Premium Management Change management Emotions in Decision Making
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
Premium Low-cost carrier Aircraft Strategy
The recent economic recession faced by not only the United States‚ but also major countries across the globe‚ has made it tough for businesses to keep operating at a profitable level and forced many to downsize their personnel or to even go bankrupt. In fact‚ this tough economic period has caused consumers‚ whether they are manufacturers buying raw material or an average person buying food at the grocery store‚ to be a lot more conservative with regards to their needs and spending. Consequently the
Premium Economics Marketing Unemployment
JET Copies Problem The simulation of Jet Copies can be done by generating random numbers from given probability distributions. The different steps of this simulation and assumption made are explained below. 1. Simulation for the repair time. It is given that the repair time follows Repair Time (days) Probability 1. .20 2. .45 3. .25 4. .10 -----
Premium Random variable Cumulative distribution function