which was Jetstar. Firstly we sought to understand the marketplace and the customer needs and wants. We decided that Jetstar’s market was the low cost airline offering very low cost flights in Australia and abroad. The customers in that market are really after the cheapest flight possible while realising that they are sacrificing the comforts provided by a full service airline. Their basic needs and wants ultimately come down to the lowest cost flight‚ secondary to that is service. Jetstar are targeting
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is the Asian offshoot of Qantas’s Jetstar Airways. It operates services to regional destinations. Its main base is Singapore Changi Airport. On April 16‚ 2008‚ the company announced that it had achieved profitability for the year ended March 31‚ 2008‚ with an increase of 20 per cent in the number of passengers carried and a passenger load factor of over 75 percent‚ an increase of 4 percent over the previous year. | IATA 3K | ICAO JSA | Call sign JETSTAR ASIA | | Founded | 2004 |
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Summary } Jetstar Airways HOW MODELING GUIDED THE BRAND MIGRATION STRATEGY OF A LOW COST CARRIER John Roberts‚ Peter Danaher‚ Ken Roberts‚ and Alan Simpson Turn to page … 42 ... to read the full article This article describes the application of a dynamic choice model of consumer preferences. It supported Jetstar‚ a subsidiary of Australia’s leading airline‚ QANTAS‚ to effectively and profitably compete in the low cost carrier marketplace. The evolution of the Jetstar strategy is traced
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Executive Summary Jetstar Airways is an Australia low-cost carrier airline based in Melbourne‚ Australia. It is a wholly owned subsidiary of the Qantas Group. Qantas established Jetstar in 2003 as a response to main competitor airline Virgin Australia (formerly known as Virgin Blue). Despite its low cost‚ Jetstar operates an extensive domestic network and is the world’s largest long-haul low cost carrier. Jetstar operates to destinations in Asia the Pacific Ocean‚ with future plans of expanding
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strategy? The external environment of the Jetstar could be divided into seven parts. The economic environment‚ the Jetstar plans to slash costs and ticket prices‚ taking the first step in an alliance that could transform the Asia budger markt. The demographic environment‚ the Jetstar focuse on Asia-Pacific market‚ because they realize that the Asia-Pacific region is one of the biggest frowth markets in aviation. The technological environment‚ Jetstar investigated jointly procuring new aircraft
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Jetstar Airways Review of the Marketing Strategy and Its Effectiveness Student name: Li Wei‚ ACCA registration number:2476566 Word count:® A review of the marketing stargety of an organisation and its effectiveness. Part 1: Project Objectives and Overall Research Approach 1.1. Introduction. This topic chosen of this project is: A review of the marketing strategy of an organisation and its effectivenss. “The marketing process consists of analysing marketing opportunities‚ developing
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INNOVATION MANAGEMENT 4Ps of innovation and Reliance 4Ps Author: Charanpal Singh Written Date: 20 July 2014 Email id: Charanpalsingh65@gmail.com Table of Contents Topic Page no. 1. Introduction -----------------------------------------------1 2. 4ps definition and understanding----------------------1 3. 4ps framework of Reliance------------------------------2 4. Reliance overview and tasks done--------------------2 5. Company’s strengths
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assets are those items that are easy to identify and both fixed and current assets for example machinery‚ buildings‚ lands and inventory. For Qantas Jetstar Domestic‚ the tangible resources would be the 10 new aircrafts and with up to 64 daily services that is going to be adding on to the business from September 2012(Saurine 2012). The reason for Jetstar for doing this is because they just owned the title of the most late-running planes of all major Australian domestic airlines in the past year (Saurine
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JetStar Hong Kong 1. Jetstar Hong Kong is a proposed low fare airline‚ based at Hong Kong International Airport which plans to commence services in 2013.1 2. It will be formed as a strategic alliance between China Eastern Airlines and the Qantas Group. The two carriers will invest as much as $198 million‚ with each company holding a 50% share.1 3. It will initially serve short-haul routes to cities in China‚ Japan‚ South Korea and South East Asia.1 4. The business strategy of JetStar
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providing low fare flights to meet the demands of flyers. Power of supplier of Jetstar is considered to be low. There are two main inputs to the airline industry; aviation fuel and airplanes. Since aviation fuel is a commodity‚ which prices are largely determined by the market forces and geo-political forces (Sundaresan‚ n.d.)‚ it can be said that the suppliers do not have much of a control over the prices put out to Jetstar. With regard to the supply of airplanes‚ there are currently two manufacturers
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