VIRGIN BLUE UNDERSTANDING EXTERNAL ENVIRONMENT 1. Attractiveness of the Industry 1a. Identify the industry‚ product segments and value chain The industry is the Australian airline industry (global). Core activities cover providing travel services to leisure travellers in Australia and overseas‚ including flights‚ travel insurance‚ holiday packaged deals‚ and freight business. Products segments including ▪ Business travel ▪ 57.1% of industry revenue ▪ full-fare ▪ business &
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are two major domestic air transport providers in New Zealand. Although they are the two competitors in the market‚ they adopted different strategies. Air new Zealand focuse on customer service kiwi experiences and Jetstar intrduced a low cost business to the aviation industry. Jetstar offers lower airfares to passages not only they can book flights through the internet‚ but also can quickly identify the cheapest available flights. In 2006‚ Air New Zealand launch a new online domestic campaign called
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Evaluate marketing strategies the business could use to achieve its business objectives When devising a marketing strategy‚ it is important that a business has a clear understanding of the target market. Once this has been established‚ the business will develop appropriate promotional and pricing strategies that cater to the needs of this target group. The business will also need to consider appropriate locations to sell the product. Qantas is Australia ’s leading and largest airline and one of
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HKU833 STEPHEN KO AIRASIA: FLYING LOW-COST WITH HIGH HOPES AirAsia started out as a Malaysian government-controlled‚ full-service regional airline that offered slightly lower fares than its number-one competitor‚ Malaysia Airlines (“MAS”). In December 2001‚ private entrepreneur Tony Fernandes took over the debt-ridden airline for the symbolic sum of US$0.26. Despite the air-travel downturn following the 11 September 2001 terrorist attacks‚ Fernandes believed that the timing for entering
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Economic Analysis of Airlines Index | 1. | Background of Japan Airlines | P.1 | 2. | Vision | P.1 | 3. | Mission | P.1 | 3.1 | Supplementary | P.1 | 4 | Targeted customers | P.2 | 5. | Flight routes & destinations | P.2 | 6. | Market strength | P.3 | 6.1 | Domestic Business | P.3 | 6.2 | International Business | P.4 | 7. | Pricing Strategy | P.5 | 8. | Market share | P.6 | 9. | Financial Statement | P.7 | 10. | Organization Structure |
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is generally viewed as the world’s driving long separation aircraft and one of the most grounded brands in Australia. The Qantas Group’s primary business is the transportation of clients utilizing two corresponding aircraft brands - Qantas and Jetstar. They likewise work auxiliary organizations including different aircrafts‚ and organizations in pro markets‚ for example‚ Q Catering. Their carrier brands work provincial‚ local and universal administrations. The Group’s wide arrangement of backup
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gaining possession of Australia’s first low frills airline Compass Airlines in 1997 after the company chairman was thrown into jail & also acquiring impulse airways in 2001. The merging of these two companies became the basis of jetstar airways. Jetstar is one of the subsidiary companies created by Qantas apart from Qantaslink‚ Q catering & Qantas Freight etc which were all created as a response to competitor virgin blue airlines. One of the outcomes of the subsidiary companies
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Criterion Maximum Mark Your mark Research and analysis of company information 5.0 4.0 Considerations of constraints impacting organisational strategy 5.0 3.75 Application of relevant theories of strategy 5.0 3.75 Development of argument and applied critical thought 5.0 4.0 Written communication & referencing 5.0 3.25 Total marks /25 18.75 EXECUTIVE SUMMARY The report has discussesd and appliesd theoretical concepts and principles of strategic management
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increased cost-based competition and the strategies that they have implemented to meet these influences are outsourcing and a mix of established and leading edge technology 2. Competitive Advantage • Qantas‚ having two flying services (Qantas and Jetstar) allows them to organise and book two aircrafts to serve the passenger to compete the competitive
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PESTEL and Porter’s Five Force Analysis of QANTAS Assessment 2: Report Fiona Anderson‚ Assessment 2: Report MGT330— Kym Treharne Due Date:10 September 2014 Student Number: 11449245 Executive Summary The following paper provides an analysis and evaluation of the current market position of Qantas and the airline industry. By assessing the company both internally and externally by applying PESTLE and Porter’s Five Force frameworks‚ this report will assess Qantas’ opportunities and strengths within
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