Projects Preparation for Week 11 Workshop • Australian School of Business JetBlue and WestJet: A Tale of Two IS Projects (Textbook pp. 404-405) 1. How important is the reservation system at airlines such as WestJet and JetBlue? How does it impact operational activities and decision making? 2. Evaluate the key risk factors of the projects to upgrade the reservation systems of WestJet and JetBlue. 3. Classify and describe the problems each airline faced in implementing its new
Premium Project management Management Extreme Programming
Executive Summary Porter Airlines is a continued success in the short haul air travel business. Its low cost structure has enabled them to be proactive in the industry and gain a fairly large market share. Porter’s strategic successes include its quick turnaround time upon departure and arrival‚ its competitive ticket pricing‚ web ticket sales and its exceptional customer service. In addition‚ Porter’s low cost and low maintenance on their Q400 turboprops give them a competitive
Premium Airline Southwest Airlines Avianca
Strategy and Policy Case 2. Southwest Airlines. I- Strategic Profile and Case Analysis Purpose Southwest airlines were founded in 1971 by King and Herb Kellerher. They started with a low cost strategy in a risky market where profitability depends a lot on fuel prices and external factors‚ such as the willingness of consumers to pay ticket prices. They started growing a lot with various strategies that permitted them beat a lot of their competitors‚ but in order to stay in the market they
Premium Southwest Airlines Airline
I - A. " Representational faithfulness is accomplished when transactions and events affecting the entity are presented in financial statements in a manner that is in agreement with the actual underlying transactions and events" (CICA‚ Financial statement Concepts 1000.21 (a)‚ 2003). It means that all of information in the financial statement such as numbers and descriptions must be factual. The independent auditors checked the computer ID tags on each piece of equipment to confirm the actual numbers
Premium Generally Accepted Accounting Principles Balance sheet Income statement
A main measurement of a company’s solvency is their debt- to-asset ratio. “This ratio indicates the proportion of total assets that are financed by debt.” (text) If this ratio is high it indicates a greater financing risk. In 2007 WestJet’s debt-to-asset ratio was 68.2%‚ it decreased in 2008 to 66.9%. This means they are financing more of the assets with equity in 2008 compared to 2007. When we compare this ratio to Air Canada we see a telling story. In 2007 Air Canada’s debt-to-asset ratio was 77
Premium Finance Asset Balance sheet
Introduction: JetBlue is planned to establish by David Neeleman in July 1999. Although the terrorist attacks of 9/11 made the huge loss of the whole airline industry‚ JetBlue airways try to publish its own IPO after 2 years of profitable operation in 2002‚ This case study is summarizing the step to publish the IPO. Following this‚ it will discuss the disadvantage and advantage to publish the IPO and use the financial data to evaluate the price is suit for the first publish. In this case‚ there
Premium Stock market Corporate finance Stock
1 Executive Summary This report discusses whether and how JetBlue should list its shares on public from several angles. Two principal incentives prove that the IPO process could be inevitable‚ even without an optimal offering price‚ and valuation models including multiples comparison and income analysis imply the firm may be underpriced. Given the situation and all assumptions‚ an increment in either offering size or price is suggested. 2 SWOT and Background JetBlue started by following Southwest’s
Premium Stock market Preferred stock Corporate finance
UVA-F-1415-SSRN v 1.2 JETBLUE AIRWAYS IPO VALUATION My neighbor called me the other day and she said‚ ’You have an interesting little boy. ’ Turns out‚ the other day‚ she asked my son Daniel what he wanted for Christmas. And he said‚ ’I want some stock. ’ ’Stock? ’ she said. ’Don ’t you want video games or anything? ’ ’Nope‚ ’ he said‚ ’I just want stock. JetBlue stock. ’ --David Neeleman‚ CEO and Founder‚ JetBlue Airways It was the first week of April 2002‚ barely two years since the first
Premium Southwest Airlines Initial public offering Low-cost carrier
Cheap flights from Las Vegas Mccarran to Calgary Airlines That Fly From Las Vegas Mccarran to Calgary Canadians can fly directly to Calgary International Airport (YYC) from Las Vegas Mccarran Airport (LAS) through Air Canada‚ Westjet‚ United‚ Delta‚ or American airlines. With so many options to choose from‚ it can be difficult to know how to find the cheapest flight. That’s where Skyscanner’s unique free search tools come in. Give them a try today! Departing from Las Vegas Mccarran Airport The
Premium Airline Southwest Airlines Low-cost carrier
Issued: October 10‚ 2006 Contact: Jay Sorensen‚ 414-961-1939 IdeaWorksCompany.com Europe’s Top 4 Low Cost Carriers Generated 470 Million Euros (US$593 Million) From Non-Ticket Sources in 2005 But U.S. frequent flier programs produced revenues estimated at 2.5 billion Euros (more than US$3 billion) and better per passenger results. 1 Revenues from non-ticket sources‚ which are called ancillary revenues‚ have become an important financial component for low cost carriers (LCCs) in Europe and throughout
Premium Southwest Airlines Low-cost carrier Airline