business was Virgin Atlantic‚ which had developed to be a major force in the international airline business. Virgin Atlantic Airways has become Britain’s second largest airline serving the world’s major cities. On 20 December 1999 Richard Branson signed an agreement to sell a 49% stake of Virgin Atlantic to Singapore Airlines to form a unique global partnership. The cost of the transaction to Singapore Airlines was £600.25 million‚ which included a capital injection of £49 million and valued Virgin
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WHAT FUTURE FOR RAIL IN THE TEN YEAR PLAN FOR TRANSPORT? Peter North Report to the All Party Parliamentary Rail Group November 2003 What future for Rail in the Ten Year Plan for Transport? Preface by All Party Parliamentary Rail Group The All Party Parliamentary Rail Group (APPRG) comprises over 300 parliamentarians from both Houses who are interested in rail issues. It meets regularly in Westminster and arranges visits both in the UK and abroad. Lawrie Quinn MP and Nick Hawkins MP are
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Airline deregulation is the process of removing restrictions on airlines affecting‚ in particular‚ which carriers are permitted to serve particular routes. As with other forms of deregulation‚ the terminology is sometimes criticised‚ since new forms of regulation are commonly developed to deal with problems such as the allocation of the limited number of slots available at airports. Airline services were historically heavily regulated‚ in part because of concerns about monopoly and oligopoly arising
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Case 3-1: Southwest Airlines Corporation What is Southwest’s strategy? What is the bases on which Southwest builds its competitive advantage? Cost cutting SWAC uses a low-cost strategy. They had the lowest operating-cost structure in the domestic airline industry. Employee satisfaction Together with this strategy‚ they want to achieve customer satisfaction by employee satisfaction. They are famous for their customer and employee relationship. SWAC has been recognized by multiple organizations
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EMIRATES airline vs air Arabia airline Customer relationship management (CRM) is a widely-implemented strategy for managing a company’s interactions with customers‚ clients and sales prospects. It involves using technology to organize‚ automate‚ and synchronize business processes—principally sales activities‚ but also those for marketing‚ customer service‚ and technical support. The overall goals are to find‚ attract‚ and win new clients‚ nurture and retain those the company already has‚ entice
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MALAYSIA AIRLINE SYSTEM (MAS) Corporate Information Historical evolution Malaysia Airlines had its humble beginning in the golden age of travel. A joint initiative of the Ocean Steamship Company of Liverpool‚ the Straits Steamship of Singapore and Imperial Airways led to a proposal to the government of the Colonial Straits Settlement to run an air service between Penang and Singapore. The result was the incorporation of Malayan Airways Limited (MAL) on 12 October 1937. On 2 April 1947‚ MAL
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SINGAPORE AIRLINES: WHAT IT TAKES TO SUSTAIN SERVICE EXCELLENCE – A SENIOR MANAGEMENT PERSPECTIVE Jochen Wirtz and Robert Johnston1 Published in: NUS Business School Research Paper Series‚ December 2001 1 Jochen Wirtz is Associate Professor of Marketing with the NUS Business School‚ Faculty of Business Administration‚ National University of Singapore‚ 17 Law Link‚ Singapore 117591‚ Tel: +65-8743656‚ Fax: +65-7795941‚ E- mail: fbawirtz@nus.edu.sg‚ Http://www.nus.edu.sg; Robert Johnston
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based in Hong Kong‚ is an Asian commercial airline founded in 1946. The company offers passenger services and cargo services to 120 destinations world-wide (Cathay Pacific‚ 2010). Airline business has been noted to be the most competitive business in the world. Market executives should be competitive to cope with the challenges of this kind of business. Porter’s Five Forces model applied to the organization 1. Traditional Competitors Airline business is a challenging business. Highly
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transportation for people and products; It has been a way to travel faster and better overall. The airline business is a major industry‚ relied upon by millions not only for transportation but also as a way of making a living. In 2001‚ the industry dealt with the effects of another economic downturn‚ as business travel decreased substantially while labor and fuel costs increased. The events 9/11 greatly magnified the airlines’ issues‚ leading to a sharp decline in customers and significantly higher operating costs
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Problem: GMG to fold all flights GMG Airlines Ltd will suspend its last remaining flights from March 30 for an indefinite period due to technical problems in aircraft‚ said an official of the private carrier yesterday. The airline had a total of eight aircraft of which six were grounded in 2010 and 2011. At present‚ the carrier operates flights only on Dhaka-Cox’s Bazar and Dhaka-Chittagong-Kolkata routes by two Bombardier Dash 8s‚ which have recently developed engine problems. "Two of our
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