JetBlue
JetBlue Airways Corporation, a passenger carrier company, providing air transportation services. It serves 87 destinations in27 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S Virgin Islands, and 17 countries in the Caribbean and Latin America.
Second quarter, 2015 results were solid along with rise in operating revenue, Net income and diluted earnings per share.
“We are very pleased to report strong second quarter results based on solid demand across our network, safe and efficient operations, and good cost control”…C.E.O…Robin Hayes.
Impressive second quarter, 2015…
Operating revenue for the quarter increased to $1.6 billion compared to $1.4 billion for the same quarter last year. Revenue passenger miles for the quarter increased to 8.7% to $10.5 billion on a capacity of 7.5%, resulting in a second quarter load factor of 85.6%, an increase of 1.0 points year over year.
Additionally, operating expenses decreased to $1.3 billion from $1.4 billion for the previous
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In order to sustain its competitive edge, JetBlue has taken a number of measures. Jetblue has entered into a multi-year partnership becoming the Official Airline Partner of the New England Patriots and Gillette Stadium.
Additionally, JetBlue airways announced that it will begin seasonal non-stop service between New York’s John F. Kennedy International Airport and Palm Springs International Airport in Southern California this winter. Palm Springs will be JetBlue’s ninth destination in the Golden State.
Furthermore, JetBlue also announced plans to enhance service at Logan International Airport as part of its long-term commitment to serve both business and leisure travelers who have made the airlines the city’s top carrier. As part of the expansion, JetBlue will introduce Mint, its highly acclaimed take on premium travel, to Boston customers traveling to San Francisco and Los Angeles.
Over the course of 1923 to 1927 as seen in figure number 6 the total passengers notably decreased. Chesapeake and Ohio started off with a total of 7,430,827 passengers in 1923. Then in 1924 that number of passengers decreased to 6,845,756 losing a total of 585,071 passengers from the previous year. In 1925 the number of passengers decreased to 5,811,872 losing a total of 1,033,884 passengers from the previous year. From 1926 the number of passengers dropped even lower to 5,370,176 total passengers served, losing a total of 441,696 passengers from the previous year.
Moreover, “WestJet is very keen on the idea of giving back to the community by engaging the company and their Westjetters(WestJet employees) to help and support non-for-profit organizations”. In addition, their customers believe and have a strong picture in their mind that WestJet offering safe flights. They also have good reputation with dealing their
The competition between Air Canada, a traditional carrier, and West Jet, low cost carrier is rigorous in Canadian airline industry. Though Air Canada is Canada’s domestic and international airline and has dominant hold in the Canadian market, West jet is giving the airline tough competition with its effective price point, profitable routes with greater focus on domestic market. The rivalry competition is moderate to
Culture WestJet is ranked as the number two airline behind Air Canada in Canada. WestJet has received many rewards for Most Preferred and Most Trusted airline in Canada. WestJet is also the recipient of Air Transport World’s value airline of the year award for 2014. Although WestJet is much smaller than Air Canada in terms of market share, WestJet is a peoples airline with their “Owner’s Care” ad campaign. Providing a good service to customers is key to WestJet, they have received the Best Customer Service Award in Canada for two consecutive years.
Being the first airline to provide Nonstop flight between Chicago and Miami, worldwide nonsmoking
Southwest Airlines is known for being a cheaper option, and they provide flexible travel plans as their tickets are refundable. Since 2010, the firm has established itself a major player in the market because of their acquisition of AirTran, and as a result, the industry has completely transformed
Lufthansa Lufthansa uses transnational strategy to gain global presence and recognition (Franz 2014). This strategy has been achieved by creating alliances and partnerships with other renowned carriers globally, especially in the European region. It is the most fundamental strategy Lufthansa leveraged on, in order to maintain core leadership in the airline industry not only in the European markets, but worldwide as well. As one of the founding members of Star Alliance, Lufthansa is able to offer customers across the globe a more convenient travel experience (Franz 2014).
Executive Summary JetBlue Airways is a company that applies innovative technologies to offer high quality travel services at a lower cost (Shrivastava, 2012). A SWOT analysis of JetBlue airlines shows that despite the numerous opportunities and strengths it has, it is exposed to threats and weaknesses that pose challenges in its operations. The threats include issues like strong competition from other airlines and the volatility of the fuel prices. JetBlue Airlines is relatively new to the market when compared to its major competitors such as the Southwest and Delta Airlines. Most of its strategies have worked to its benefit.
Qatar Airways Qatar Airways are its aggressive growth plan backed by the state that includes the construction and development of the new Doha international airport, which will include the world's largest aircrafts' hangers to be used for maintenance of Qatar Airways. Singapore Airlines Success factors of Singapore Airlines are: young and efficient fleets, educated staff, top ranked travel gateway and its low cost airlines known as "Tiger Airways", plus it's a membership of star alliance airline networks American Airlines Success factors of American Airlines are: largest airline in the world in terms of the total passengers transported, highest number of aircrafts, first to launch the loyalty program "frequent flyers". PEST Analysis Political factors The airline industry is affected by political situations, namely wars and terrorism.
Delta airline was expanding its business into low-cost airline segment by launching new independent subsidiary by the name of Song. Song’s primary business model was to target women and the segment of business class people. In effect to reduce the cost, Song management decided to fly high load factor on the drag of 900 miles. Moreover, the company increased the number of
JetBlue’s operations strategy is evident from its choice of location from which they operate since location setup is one of the most important strategic decisions in operations management. They placed their main operations headquarter in the New York City, a city with the population of almost 19 million people (jetBlue, 2013). This fact alone helps them to fly their airlines in their full capacity almost all the time which ensures their business profitability. Their choice of locations fulfills the first and foremost part of the operations management, demand and competition location. It is easily understandable that it is a good practice to choose location of an organization where the product or service they are giving will have demand and will have enough population to maintain the level of demand.
It is derived from a large parent company, the International Airline Group, which also owns and manages other airlines, including Aer Lingus, Vueling and Iberia. The parent company operates a precise and effective network of operations on the domestic and foreign scale that British Airways uses. The economies of scale allow British Airways to enjoy effectively reduced costs of each operation. As a result, the British airlines in 2016 also won the award for a business traveler for the best short-distance runner (Otley,
1.0 Introduction to Strategic Management Strategic management practices the formation; achievement and reaching the major objectives executed by the management of the company, by considering the capital and a task of the internal and external environments in which the company wishes to compete. 1.1 Introduction to Singapore Airlines Singapore Airlines (SIA) is established in year 1972 with remarkable performance among its competitors in the industry throughout its 35-year-long history till date (Heracleous & Wirtz, 2009). According to Singapore Airlines (2014), SIA is one of the youngest aircraft fleets worldwide to destinations crossing a network of more six continents, with its iconic Singapore Girl providing excellent standard of service to customers. Throughout the years of operations, SIA has an impressive ever-growing list of industry 's leading innovations such as offering free headsets along with a choice of meals and drinks in Economy Class in the 1970s, followed by introducing satellite based in-flight telephones in year 1991, involving an ample panel of renowned chefs, the International Culinary Panel, to provide lush in-flight meals in year 1998, developing audio and video on demand (AVOD) capabilities on KrisWorld in year 2001, and lastly flying the airbus of A380 from Singapore to Sydney on 25 October 2007 (Singapore Airlines, 2014).
Although its sales and revenue have been increasing, it has not offset its increased operational costs. In 2015, "revenue climbed 22% year over year to $455.5 million...in spite of a shift in the sports calendar versus the year-ago period, resulting in one less week of football and fewer pay-per-view events to draw in diners"
Aircraft Performance Through the chaos and mayhem of World War 2, the aviation industry made significant advancements in its technology. After the war ended, this technology stretched and expanded to the farthest reaches of the world. Frank Whittle of England and Hans von Ohain of Germany both created the world of aviation that we live in today. Both men did it without the knowledge of each other throughout the 1930s and 1940s.