Qantas Airways (integration between Jetstar and Qantas), is the flag carrier of Australia, which well-known as the famous low cost airline with the strongest band and one of three oldest airlines in the world. Its nickname is “the flying kangaroo”. From the beginning that the company uses the biplane that can serve only one or two passengers, but now the airline can support the demand of the passenger by using bigger plane such as AIRBUS A380 that can carry the passenger around 450 per flight.
The successful of Qantas airline are not only the machine but it comes from the manpower that attempt to institute the Queensland and Northern Territory Aerial Services Ltd (QANTAS) from the past the airline flight with the big problem is war by have
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If mostly of organization is safe, that’s mean the risk will reduce the damage or frequencies of loss. But to make that come true, everyone in the organization needs to understand about what safety is, how is it important for the organization and they have to follow to the safety policies. Moreover, if the organization has their own statistics and information collecting department, the risk in the organization will be reduced because they have the statistics and information out the mistake in the past(to be case study) then they will know the way to avoid or reduce damage and they know how to manage risk in the different situations.
Safety Management System (SMS) of Qantas already good system for managing risk because its flexible management setting can adapt in various risk situations. The SMS not only protect the organization loss, but also eliminate the unnecessary worries that can reduce efficiency.
So, we have not much suggested to
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They have operated for a long time and it can be said that they can manage their risk very well from both internal factors such as the structure level, cheating in organization in the organization or the external factors such as environmental changes by using many methods to protect their people, customers, and the things belonging to the organization.The Qantas emphasizes on the proactive way to dealing with the unexpected situation because the proactive method will be planned the solution for any risk in the future by using the tools or learning from the mistakes in the past. To make the proactive to be successful, they have to build the understanding about risk and risk management firstly and trains their staffs to improve skill and use the most appropriate tools for making decision to control risks.
There are many levels of risk depending on each situation and the damage level, so risk management should be selected in the same level too. The three mains of risk management levels are risk avoidance, risk prevention, and risk control. When the Qantas decides to select, they must ensure that the selected management level can eliminate or control the risk. For example, the case study about the CO2 and noise emission of aircraft, the Qantas selected the risk control level by using the financial risk management to
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
Virgin Australia (Theory in Action) Group-6 Amit Boro PGP14005 Ganeswar Miniaka-PGP13087 Lokesh Kumar-PGP14028 Praveen Kumar-PGP13041 Rahul Kumar Pakhale-PGP14037 Virgin Australia Virgin Australia Airlines is Australia’s second largest airlines as well as the largest by fleet size to use the Virgin brand. The airline was co-founded by British businessman Richard Branson, the founder of parent Virgin Group and Former Virgin Blue CEO Brett Godfrey. It was established in 2000 with two aircraft operating on a single route. The airline has grown to directly serve 29 cities in Australia from hubs in Brisbane, Melbourne and Sydney, using a fleet of narrow-body Boeing and Embrae, and Airbus and
With the use of this framework in reengineering its call centers and the automation of manual processes through call centers. Malaysia Airlines was able to achieve the following: Cutting call center costs by 18% and tripling sales, through phone, e-mail, fax, and web chat they were able to service customers, Interactive voice response or online ticket payment, and Tracking of agent productivity done by managers. In doing the following, they were able to streamline their processes. Malaysia Airlines measure the strategic metric. It measures the functional goals so that Malaysia Airlines can boost their customer payment capabilities.
This article concerns various elements of the economic environment and their impact upon Qantas, such as significantly lower fuel prices. Representing its largest cost, lower oil prices as a result of oversupply and lack of demand have reduced Qantas’ fuel costs by $597 million since the previous year (O’Sullivan 2015a). Another contributing economic factor has been the Abbott government’s repeal of the carbon tax as part of its fiscal policy, which is said to have boosted Qantas’ pre tax earnings by $116 million (O’Sullivan 2015b). This article further relates to the economic environment as it discusses the impact of the falling value of the Australian dollar on Qantas. Its 25% decline since mid-2014 has encouraged Australian residents to
Furthermore, in order to grow fiscally, it was best for corporations to avoid paying for or adhering to safety precautions. For example, the Triangle Shirtwaist Factory Fire of New York City in March 25, 1911, was a fire in which one hundred forty-six people died. The massive death count came from the lack of security precautions. For the company to keep a maximum amount of efficiency, workers wouldn’t be allowed breaks. To enforce this no-breaks rules, most doors in the building were locked, which trapped and killed most workers during the fire.
Historical data about on the job injuries will assist managers the training new employees how to avoid those risky behaviors while working. Historical data related to the incidents that lead up to an employee being injured on the job will establish the foundation for safety training for existing employees. Effective risk management policies regarding employee safety usually come from past incidents that the company would not to prevent in the future. The culture of Target should be a risk management culture based on prevention and identification of potential new risks by staff. Target is a customer centered organization that focuses less on price and more on the overall customer experience.
The Trouble with Truss Introduction Truss Construction Shop recently experienced several serious work and equipment related accidents within the current quarter. Multiple news sources and social media channels received word by displeased employees claiming that the company fails to provide safe working conditions for its workers and that the company will not take responsibility for the injuries that occurred. Due to this matter, Truss Construction Shop decided to perform an analysis of the obtained information in order to address the issues at hand, help the company abstain from the negative media light, and also, not run the risk of jeopardizing sales. Explanation of the Issue There are two distinct underlying causes that contribute to
The airline is financially weak and its share price has slumped. Virgin Australia Airlines has a strong market value and image owing to its innovative ideas and creative thinking. It operates a rapidly growing fleet basically comprising of Jets and Airbuses. The low average fleet age helps the company to reduce maintenance cost of the aircrafts. Financial performance of the company was not so encouraging in 2011 because of rising fuel price, high value of Australian dollar and environmental disaster.
Hong Kong Dragon Air is Hong Kong-based international airline, belonging to of the Cathay Pacific Group. The airline was established in 1985, and operates a fleet of narrow-body A320s and A321s, which were both powered by V2500 engines manufactured by International Aero Engines AG (“IAE”) for both passenger and cargo service to destinations to destinations across the Asia-Pacific region, and China. Their vision is to be the World’s best regional airline serving China and beyond. Their missions; places emphasis on safety and operational excellence with customer focus. The airline seeks to embrace innovation by implementing ideas that improve their business.
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 created its separate subsidiary in response to competitive threat of low-cost airlines. In addition, its subsidiary used pilots of its parent airline with independent decision-making authority. Does song have an effective strategy? Evaluate strategies by using three tests of effectiveness? Low-cost airline: Faster growth of low-cost aviation industry with homogenous service makes this industry fragmented across the United States.
The material management process can help jetBlue Airlines to provide the same services as before but at a lower cost level. As their objective is to hold on to their previous service quality but introduce new elements which will enable them to provide services to the middle income population, they have to employ new sets of strategic decisions to achieve the desired goal. The method jetBlue must use is to find a way to reduce the maintenance cost they bear for the airplane’s maintenance, crew training and salary, fuel consumption by the aircrafts. The objectives jetBlue Airlines give in their 2013 annual reports to make the implementation of cost control, improving revenue and reducing their debt and thus lowering their financial risks. So the cost control objective can be easily achieved by careful implementation of material management process of the organization.
These resources can be for example the public, legislation, insurance companies, trade unions, economic and commercial stakeholders Hughes and Ferrett, (2009). External factors are sometimes known to be what cause businesses and organisation to make mistakes or to behavior accordingly because everyone is watching their every move and step This too can create gaps and pressure for oganisations and businesses which may affect its safety culture. There are two main outcome of safety culture factors the can influences and impact a organisation or business. These two outcome are positive impact or negative impact, which shapes the way a company manage its resources or its downfall. It's safe to say that each organisation safety culture will differ in terms of attitude, behaviour or productivity, this too often depends on the structure of the organisation and it targets Hofstede and Gert Jan Hofstede, (2012)
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).
Safety at the workplace will also help to lower down costs by curtailing off insurance costs, lost costs and legal fees. These costs could be incurred if the safety of the