“Singapore Airlines is a global company dedicated to providing air transportation services of the highest quality and to maximizing returns for the benefit of its shareholders and employees.” Singapore Airlines’ Mission Statement The company has come a long way since its foundation in 1972 (Singapore Airlines [SIA]‚ 2014a). It grew from a regional airline to one of the most recognized carriers in the world. In 2006‚ with its icon‚ Singapore Girl‚ and its premium class offer‚ Singapore Airlines (SIA) became
Premium Singapore Airlines Airline Strategic management
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
Premium Airline Low-cost carrier Southwest Airlines
As we chatted about our lives‚ I realized that we shared many similarities‚ and that living on opposite ends of the earth‚ we weren’t all that different. Traveling through Laos‚ I noticed a few characteristics about my parents’ homeland. Although Laos is one of the poorest countries in the world‚ I was surprised to see a lack of homelessness. It wasn’t until many months later that I realized why this was the
Premium Family Mother English-language films
Airline News Express airline NEws Express We Report to you In This Issue: Airline Yield Management The practice of Yield management has been widely adopted by service organizations in the past three decades. Yield management originally started in the airline industry and this capacity management strategy is also most often applied by airlines. The practice of yield management‚ especially in the airline industry‚ has been discussed in many different studies. There is‚ however
Premium Pricing Marketing Airline
AIRLINE RESERVATION SYSTEM 1.1 Abstract Main aim of the Airline Reservation System is to help the customers in reserving Air tickets through online. Airline Reservation Systems (ARS) used to be standalone systems. Each airline had its own system‚ disconnected from other airlines or ticket agents‚ and usable only by a designated number of airline employees. Travel agents in the 1970s pushed for access to the airlines ‘systems. Today‚ air travel information is linked‚ stored‚ and retrieved by a network
Premium Computer reservations system Travel agency
Easy Jet Airline TEAM MEMBERS: Name Team Member #1 Qymi Sheng Team Member #2 Will Huo Team Member #3 Ann Chiang Short History of the Easy Jet: Easyjet is a successful example of a European no-frills airline‚ founded by the Cypriot Stelios Haji-Iaonnou in 1995‚ with the vision of creating a customer focused brand that would revolutionize the concept of air travel. More than fifteen years on‚ easy Jet is Europe’s leading airline‚ and the UK’s largest‚ carrying over 55m passengers
Premium Marketing Low-cost carrier
Malev Hungarian Airlines Outline * History * Situation Analysis * Environmental Scanning * External Scanning * Internal Scanning * IFAS‚ EFAS‚ SFAS * Strategies‚ New Mission & Objectives * Portfolio Analysis * BCG Matrix * Strategy Implementation History Malev Hungarian Airlines (Magyar Légiközlekedési Vállalat) was founded in 1946 as the principal airline and flag carrier of Hungary until its bankruptcy in 2012. Located in Budapest International
Premium Flag carrier Air France Airline
Delta Airline Case 1- During the 1990’s‚ none of the five largest air carriers in the United States earned its cost of capital. Why do such low rates of return on investment persist in the airline industry? That’s correct‚ airline companies margins were below the average for US industries for a long time‚ especially after the 1978 deregulation. For 40 years‚ prior to 1978‚ the airline companies had operated under the regulation of the CAB (Civil Aeronautics Board)‚ which was responsible for
Premium Airline Southwest Airlines Avianca
of reorganization under which a new holding company‚ AMR Corporation‚ was formed and became the parent company of American Airlines. The reorganization took effect on Oct. 1‚ 1982. The formation of AMR had no effect on day-to-day operations of American‚ but it did – and still does – provide the company with access to sources of financing that otherwise might not be available. The holding company structure also allows the company to take advantage of appropriate new opportunities. The name “AMR” was
Premium Corporation Airline American Airlines
1. INTRODUCTION The Airline Industry has been growing persistently and consistently over the past decade. Central to the globalization taking place in many other countries is the Airline Industry as it facilitates world trade‚ economic growth‚ international investment and tourism. It’s growth has generated many new opportunities for the tourism development. The benefits of tourism to the national economies of the countries are being realized by the government of those countries. Because of the companies
Premium Low-cost carrier Airline Southwest Airlines