Project Report Submitted To: Submitted By: Dr CA Saliya Ames Gill Tariq Tanveer Ranveer Singh Anusha Sharma Purna Magar Table of content Serial Number Content Page Number 1. Executive Summary 1-2 2. Brief Description of the organisation 2 3. Vision/ Mission statement, goals and objectives 3 4. Analysis of the organizational environment 3-8 5. Strategies going forward 9-11 6. Implementation 11-12 Answer I Executive Summary: Aviation connects New Zealand and New Zealanders to the world, provides right of entry to worldwide markets, and produces employment and tourism. The New Zealand air travel industry in 2009 is estimated at $9.7 billion in revenue, with $5.9 billion from local activities and $3.8 billion from trade activities. There are more than 1,000 organizations contributing in the industry, engaging 23,525 workforce with salaries and wages estimated at $1.3 billion. Using input / output monetary modelling, the straight and secondary impacts of the New Zealand air travel industry together have been considered at 11.8% of total returns across the economy and 6.9% of GDP of the New Zealand in the year to December 2009. The air travel industry is estimated to have grown up from a total of $6.8 billion in 2005 to $9.7 billion in 2009. This signifies a progress rate of 9.5% annually over the
The Airline industry is a large and constantly growing industry. It facilitates economic growth, international investment and world trade and is therefore central to other industries as well for globalisation. There are various forces which lead to globalisation in airline industry. Key drivers of change are forces likely to affect the structure of an industry; sector or market. (1).
In recent years the Airline Industry in Europe has experienced good levels of growth. Despite instances of deceleration the market is forecasted to remain stable producing moderate growth through to the end of the forecast period in 2018. According to a report issued by MarketLine in 2014 the European Airlines industry had total revenues of $180,945.8m in 2013, which represented a compound annual growth rate
Finally, the TSA's cumbersome and invasive screening process hurts the air travel industry. A 2010 poll showed that 35% of travelers said they plan to fly less, many citing the TSA as the reason[7]. Another survey in 2008 found that air travellers avoided 41 million trips due to perceived problems with the air travel system. This avoidance is estimated to have cost airlines $9.4[8]. The tourism industry is one of America's biggest industries. In 2010, the tourism industry
This paper will cover information about Hawaiian airlines. Founded in 1929, now in its 87th year of consecutive service, Hawaiian Airlines is Hawai 'i 's biggest and longest-serving airline, as well as the largest provider of passenger air service from its primary visitor markets on the U.S. mainland. Specifically, research to describe the airline, its aircraft fleet, route structure and number of employees will be provided. Information to determine whether Hawaiian airlines is organized as a corporation with private ownership or is owned by the national government will be given and discussed. Also, a brief description of the governmental agency or authority responsible for regulation of safety, as well as the certification requirements and minimum flight time for the commercial airline flight deck crewmembers. The governmental agency or authority that is empowered to regulate the routes flown, rates charged, and other economic aspects of the airline’s flight operations will be identified and discussed. Information will be given on the extent to which the airline’s fleet consists of owned vs. leased aircraft. All accidents involving an aircraft operated by that airline since 1/01/2000 will be identified to include the probable cause of each. Lastly, labor relationships of the airline’s pilots and maintenance personnel based in the airline’s home nation will be discussed; plus, any
At the moment Australian passenger airline industry is dominated by thee large domestic carriers: Quantas, Jetstar and Virgin Blue.
American airline industry is steadily growing at an extremely strong rate. This growth comes with a number economic and social advantage. This contributes a great deal to the international inventory. The US airline industry is a major economic aspect in both the outcome on other related industries like tourism and manufacturing of aircraft and its own terms of operation. The airline industry is receiving massive media attention unlike other industries through participating and making of government policies. As Hoffman and Bateson (2011) show the major competitors include Southwest Airlines, Delta Airline, and United Airline.
The airline industry is greatly influenced by the the travel and tourism trends across the globe. The World Travel and Tourism Board states that the the level of tourism is likely to grow even as the years progress. The growth in the level of tourism is expected to grow at a level of 4.5 per cent annually. This is expected to continue upto 2017. Thus the organization should fully prepare it self and take over the tourism market.
The aviation industry of any nation acts as a contributor to its economic growth, helps in globalisation and creating an international image. It is the best in terms of the fastest, safest and convenient mode of travel. Even though it is an expensive one, it is expanding its markets across the middle-class who are ready to spent money on leisure trips. Thus it is truly stated that aviation forms a vital core infrastructure area without which a country economy is handicapped.
Launched just 8 years ago, today, the Jetstar Group consists of a network of value-based air carriers that deliver high quality air passenger services for budget-minded travelers across Australia, New Zealand and the Asia Pacific region. Beginning with just 400 employees, the company currently employs more than 7,000 people and carries about 20 million passengers a year. To gain some insights into how the Jetstar Group achieved this impressive growth in such a short amount of time, this paper provides a review of the relevant literature concerning the air passenger industry in general and the business strategy used by the Jetstar Group in particular. A summary of the research and recommendations for this company are provided in the paper's conclusion.
The airline industry has seen drastic changes since September 11, 2001. The government ordered a complete shutdown for three days of not only all commercial aircraft but such carriers as domestic flights and emergency aircraft. For days after September 11th, all aircraft stayed on the ground. Even military aircraft had to receive special clearance to fly. In a ripple effect, the entire economy of the United States and the world was put on hold. The New York Stock Exchange shut its doors because of the attacks on the towers of the World Trade Center.
Airlines Industry is large and growing, it is also the most fiercely competitive sector. It facilitates international trade, world economy growth, tourism and international investment. The airline industry has over time with the use of modern technology been able to take advantage of the short haul, high frequency and gained a competitive advantage over other forms of travel, such as buses and railroad travel. Additionally, the airline industry still holds the market for global travel at a low cost and convenient way to travel. The aviation industry gives a good contribution to the GDP which includes the following: airline services, general aviation, civil airport operations, aircraft manufacturing, and
Since the airline industry is a direct product of market conditions, it is greatly affected by all externalities. Many people noticed a decline in travel after the September 11th tragedy occurred due to safety concerns. When there is a huge increase in fares that definitely interferes with the demand for travel; it causes the price of tickets to continue to rise since a clear correlation between supply and demand exists. When the economy is doing well in terms of the employment rate, and when the dollar is strong people have the tendency to travel more (Jerram,1998).
This explosion provides research of how the UK Economy contributes to the Aviation industry in various way with the standard points and innovation – have impacted on UK economic growth through the Aviation industry. By this report, contribution to UK economy has explained such as trade, tourism, employment and government tax. This report will pay particular attention in trade contribution current status, value added contribution details of Tourism impact, direct and
The implications of this analysis are that the focus on the Chinese market is justified. The Chinese air travel industry is booming, and indeed this is fueled by that country's rapid growth and the increased demand for
The growth of airline industry in any country is directly proportional to its GDP growth; the greater the business activity, the more air travel and the higher the GDP of the country. The demand