THY has some features that makes it strong in the sector. First of all‚ THY charges close to a discount-airline. Secondly‚ it offers a business class service on both overseas and domestic flights. Moreover‚ THY offers a frequent flyer program (an example to this is; Miles&Smiles) Fourthly‚ it competes with international and domestic airlines and long distance inter-city bus services (through price cuts). Finally‚ THY has the best landing slots (in Istanbul & Ankara) and it is the only Turkey based
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An airline alliance is an agreement between two or more airlines to cooperate on a substantial level. The three largest alliances are the Star Alliance‚ SkyTeam and Oneworld. Alliances also form between cargo airlines‚ such as that of WOW Alliance‚ SkyTeam Cargo and ANA/UPS Alliance. Alliances provide a network of connectivity and convenience for international passengers and international packages. Benefits and costs Benefits can consist of: An extended and optimized network: this is often
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How did the deregulation of air transportation in Europe foster entrepreneurial behavior and innovation in the European airline industry over the last twenty years? Case studies: SAS Airline & Ryanair Master Thesis in Entrepreneurship and Dynamic Business Contexts Spring 2007 Supervisor: Håkan Bohman Entrepreneurship Master Program Authors: Gilles Helterlin and Nuno Ramalho Acknowledgements We would like to express our gratitude to all who have contributed to the realization of this
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Accessed: 29.03.2008. BVA (2007) Deutsche Bank (2007). Messen in Deutschland: Wachsende Überkapazitäten. In: <http://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/PROD0000000000209833.pdf> Accessed: 29.03.2008 Deutsche Lufthansa AG (2006). IATA Rangfolge 2006. Stellung der Lufthansa im internationalen Linienflugverkehr der IATA. In: < http://www.lufthansa-financials.de/servlet/PB/menu/1015966_l1/index.html> Accessed: 29.03.2008. GCB (2008). Flyer Geschäftsreisemarkt. In: <http://www.gcb.de/pdf/Flyer_Geschaeftsreisemark
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JetBlue Airways airline was established by David Neeleman as a low-fare airline with high-quality customer service. His goal was to create an airline that was innovative for the current market. Their main focus was to provide service to areas that were underserved as well as to large cities with overpriced fares. He aimed to establish a strong brand that differentiated itself from its competitors by being a safe‚ reliable and low cost-airline. Neeleman managed to achieve this partially by hiring
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GLOBAL BUSINESS ENVIRONMENT Case 8: Swissair’s Alliances Hoang Van Hung (David) (Graduate MBA) Philippines Christian University Global Business Environment – Prof. Reyes Feb. 22‚ 2013 Metro Manila‚ Philippines I- Case Background The Swiss Air Transport Co. Ltd.‚ was founded in 1931 to fly between Switzerland and a handful of central European locations. By 1949‚ the company had become the Swiss flag airline‚ and had inaugurated long-haul intercontinental service
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VALUATION OF SAS PROGRAM: FINANCE AND STRATEGIC MANAGEMENT FSM COPENHAGEN BUSINESS SCHOOL AUGUST 2010 NUMBER OF STANDARD PAGES: 117 NUMBER OF CHARACTERS: 264.684 AUTHORS: RASMUS STOUMANN JENSEN LARS PFEIFFER PETERSEN SUPERVISOR: CARSTEN KYHNAUV‚ EXTERNAL Valuation of SAS Executive Summary The aim of the thesis was to determine the fair value of the SAS stock as of June 11th 2010. SAS has received much attention in the media recently partly due to the poor financial performance in the
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Background about Germanwings Organization Germanwings is a low cost airline based in Cologne‚ Germany. They are a wholly owned subsidiary of Lufthansa airlines. The company has had a successful history of operations free from accidents. However‚ on March 24‚ 2015‚ a Germanwings flight from Barcelona to Düsseldorf crashed. After investigation‚ it was discovered that the crash was deliberate. The co-pilot crashed the plane. Because of this crash‚ the company must re-evaluate their risk management strategies
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NAME: SHIVENDRA V. GAWDE Roll NO: 05 SUBJECT: TOURISM INDUSTRY OVERVIWE PROJECT: International NAME: Air Transport (IATA) IATA History: IATA was formed on 19 April 1945‚ in Havana‚ Cuba. It is the successor to the International Air Traffic Association‚ founded in The Hague in 1919‚ the year of
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I. Current Situation A. Current Performance: JetBlue Airways Corporation is a passenger airline that has established a new airline category a “value airline” based on service‚ style‚ and cost. Known for its award winning customer service and free TV as much as for its low fares‚ JetBlue believes it offers its customers the best coach product in markets it serves‚ with a strong core product and reasonably priced optional upgrades. JetBlue operates primarily on point-to-point routes with its
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