Australia still remains a federal state which recognizes British Monarch as sovereign. 12.2 ECONOMIC ANALYSIS
An increase in local output in conjunction with healthy business and consumer confidence are factors helping the economy improve. An increase in exports of raw materials and agricultural products are also responsible for this upbeat economy. The trade deficit has increased due to droughts and strong import demand. The trade deficit as of 2004 sits at $8 billion. 12.3 INFRASTRUCTURE
Australia possesses a vast network of roads and railways and ports which cater for each cardinal point in Australia. Australia has 305 paved and unpaved airports which are spread throughout the whole continent. 12.4 TOURISM AND TRAVEL
Australia’s tourism sector contributes 4.7% to the GDP. Australia has many destinations which are of international acclaim. Some of these destinations are Ayers rock, Sydney Opera house and the Great Barrier Reef.
Explanation key facts from the above SWOT Analysis •S2) Qantas’ aircrafts are equipped with product features that provide high quality service standards, which cater to a diverse range of travelers tastes. •O1) Allows passengers to bypass normal check-in lines and allow them to print their boarding passes and check baggage. •O2) Qantas employed many pricing initiatives on many of their flights which increased revenue across the board (77.8% revenue seat factor). •T3) Threat in setting up operations in India.
10.1. PORTER 5 FORCES
The Porter 5 Forces framework is based on a service (flight) industry perspective. 1. The rivalry in the airline industry takes the form of alliance competition as well as individual airlines competing in...