Despite operating in one of the most unattractive industries‚ Southwest Airlines has being very successful in its operations. Its operational success can be attributed to the use of a single aircraft type by the airlines targeted at minimizing the maintenance as well as the operational costs (Jackson et al.‚ 2011). The airline also targets the smaller as well as the less congested airports to minimize delays as well as schedule disruptions. The aircrafts are easily turned around easily minimizing
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that buy expensive tickets just to have all the comfort that others airlines offer‚ Southwest decided to do the opposite and selling just the transportation itself for the lowest price it could be just so you could get to places without paying too much for it. They kept it simple and inexpensive. 2 – What values do airline customers – both business and leisure travelers – seek when they buy air travel tickets? Has Southwest done a better job than competitors of meeting the needs of these air
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_______________________________________________________________ 28 October 2014 ProQuest Table of contents 1. Southwest Airlines Renovates Benefits System........................................................................................... 1 28 October 2014 ii ProQuest Document 1 of 1 Southwest Airlines Renovates Benefits System Author: Hitchcock‚ Joy E ProQuest document link Abstract: When Southwest Airlines was founded in 1971‚ company executives decided it had to be different if they wanted to set
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is terminal value (TV) a material component of firm values? From the exhibit‚ we can find the PV of five years’ dividends is small part of the market price of the stock. In my opinion‚ we buy a stock then get dividend periodically‚ which like buy a bond. The coupon payment is dividend and the face value is terminal value. The bond value is determined by the terminal value mostly. So the stock price is also determined by terminal value. The concept of going concern can explain that Terminal value
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According to Smith (2004)‚ Kelleher and King founded Southwest Airlines in 1971. Their intention was to provide what is described as a frequent‚ low-cost airline service in busy markets‚ no more than 500 miles‚ with its first flight between Dallas and San Antonio. Smith (2004) stated that approximately nine years after Southwest Airlines’ inception‚ it decided to adopt a particular mission statement. This particular mission statement is found on its website‚ emphasizes the highest quality of customer
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Southwest Airlines: Leading the Airline Industry one Statistic at a Time Victoria Mack May 6th‚ 2013 Quantitative Research Methods Term Paper I. Introduction “The mission of Southwest Airlines is dedication to the highest quality of customer service delivered with a sense of warmth‚ friendliness‚ individual pride‚ and company spirit.” (Kelly‚ Gary) By providing the highest quality of customer service‚ Southwest Airlines business model is set up to provide
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Reprinted with permission of Auerbach Publications‚ CRC Press LLC‚ 535 Fifth Avenue‚ New York‚ NY 10017. All rights reserved. SUPPLY CHAIN STRATEGIES Jim Ayers By thinking in terms of supply chains instead of individual operations or departments‚ CIOs can improve their competitive strategies. These strategies‚ in turn‚ change organizational operations‚ roles‚ and information systems. This article shows how such “supply chain thinking” works. upply chains are a hot management topic. Eyes are
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Southwest Airlines Company: Leadership Profile Jim Darling‚ Amie Rainbolt‚ Melissa Blouin‚ and Meleanie Cabrera University of Phoenix LDR/300 June 18‚ 2013 Sharon Patterson Southwest Airlines Company: Leadership Profile Team A will discuss how Southwest Airlines president can recruit and develop the airlines future leaders. Even though there is a proposal to avoid managerial derailment and failure for Southwest Airlines. They can compare-and-contrast of common leadership traits in the airline industry
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Culture at Southwest Airlines on the Eve of Merger with AirTran In looking at Southwest’s values and norms‚ it’s helpful to examine how the company’s culture is described by all stakeholders (internal – employees‚ management; external – investors‚ customers). Five key values emerge that guide the company at all levels. 1. Zealous passion for customer satisfaction Southwest’s relentless commitment goes beyond the lip service most companies uphold. From line level to the C-suite‚ everyone
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EXECUTIVE SUMMARY Southwest Airlines Co. provides low-fare‚ "no-frills"‚ civil air transportation. The company was incorporated in 1967 and is headquartered in Dallas‚ Texas. As of December 31‚ 2005‚ it operated 445 Boeing-737 aircrafts and provided service to 61 cities in 31 states. The company also provides frequent flyer awards to business partners‚ including credit card companies‚ hotels‚ telecommunication companies‚ and car rental agencies. Southwest Airlines is the fifth largest airline company in
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