hedges this risk more extensively than its peers. It had its fuel hedged about 95 % for FY17 and has currently hedged it for 87%. The Capex for Boeing 737-800 is also completely hedged. This helps in cost certainty as well. These factors give a very positive picture of the Business profile of…
SpiceJet is an low-cost airline headquartered in Gurgaon, India. It is the third biggest aircraft in the nation by number of travelers conveyed, with a piece of the overall industry of 13.2% as of March 2017. The carrier works 312 day by day flights to 55 goals, including 45 Indian and 10 global goals from its centers at Delhi, Kolkata and Hyderabad. Built up as air taxi provider ModiLuft in 1994, the organization was gained by Indian business person Ajay Singh in 2004 and re-dedicated as…
Introduction: The Irish Organisation that I am familiar with and have chosen to do this assignment on is Ryanair Ltd. Ryanair is an Irish low-cost airline that was founded in 1985 by Tony Ryan. Today Ryanair is the second largest airline company in Europe behind Lufthansa Group and it carries approximately 105 million people over 1600 routes. It operates from 200 airports in 31 countries. Ryanair struggled in its first few years before Michael O’ Leary took over in the 1990’s. He restructured…
Introduction Air Europe Xpress is in the period of great changes and those strategic adjustments that have been made in the last month at a Shareholder’s meeting undoubtedly will be reflected on the HR strategy of the company. Moreover there are several challenges, beyond the new strategic plan of the company, which HR department is currently faced. They all together are as follows: Difficulties with recruitment due to high competition among grown number of airline travel companies which leads…
Turkish Airlines is a carrier airline of Turkey that is situated at the Atatürk Airport in Yeşilköy, Bakırköy, and Istanbul. The airline flies over 280 airports in 110 countries in Asia, Europe, South America, North America, Africa, etc. It is the world's 4th largest carrier when measured by the number of destinations served. It also has codeshare agreements with about 40 other airlines. They operate their carrier at the Istanbul Atatürk Airport (IST), Esenboğa International Airport (ESB) and…
Countries With The Highest Number Of Fatal Plane Crashes Air travel is considered one of the safest traveling means in the world as, considering the traffic, fewer accidents occur as compared to road travel. However, aviation accidents do occur from time to time and is considered as the most fatal. Statistically, those who survive plane crushes are few. Plane crushes are taken seriously and always followed by vigorous investigations to mitigate future crashes. Worldwide, the top ten countries…
Mitigating Risks for Molon Labe Designs’ Side-Slip Seat Product launches fail for many reasons, but three of the main causes are: 1) Spending too much money on the development and manufacture of the product, and not enough on marketing the launch; 2) Falling in love with one’s own product and not adapting it to market priorities or educating the consumer; and 3) Not thinking through distribution (Harvard Business Review, 2011). Molon Labe has spent considerable time and resources on the…
An airline’s business model is a description of the value the company delivers to targeted customers and of how it configures resources internally and externally to achieve this (Holloway (2012). Tretheway (2004) states that from 1945 to end of the 20th century, the world’s airline industry built a product that offers passengers to fly seamlessly to almost any other part of the world by purchasing a single ticket. However, to develop this product, airlines had to invest costly systems and…
3:1 TurboProp Engines: A turboprop is a variation of a Jet Engine which has been optimised to drive a propeller instead of a Fan blade. Aircraft’s that are fitted with a TurboProp engine are very efficient at lower airspeeds, Burn less fuel per Nautical Mile an requirer shorter distances for take off and landings. Common among many small charter airlines and freight companies is the use of turboprop engines rather than turbine or turbofan engines mainly due to the reduced costs associated with…
Delta Air Lines Decides to Continue with TapestryKPI for its Advanced Analytical Reporting Needs Softcrylic’s Cloud-based Data Management Platform TapestryKPI will continue to automate Delta’s Digital Revenue Reporting Delta Airlines, a major airline headquartered in Atlanta, Georgia will continue its engagement with TapestryKPI of Softcrylic LLC. While TapestryKPI is already serving Delta Airlines with a range of advanced analytics reporting services like revenue management and segment analysis…