MGSM860 Strategic Management - Minor Individual Assignment Virgin Australia will become a majority foreign-owned airline after the federal government allowed the cashed up Middle Eastern carrier Etihad to raise its stake to 10 per cent from 4.99 per cent. It will take the combined ownership of Virgin’s three biggest shareholders - Sir Richard Branson’s Virgin Group‚ Air New Zealand and Etihad to 55 per cent. The two airlines have a code-sharing arrangement; the companies offer 24 flights per week
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the airline industry in New Zealand‚ with the main airlines dominating the market‚ which are Air New Zealand and Qantas. The report will provide the main issues about other low carrier airlines entering the industry affecting the main airlines profits‚ which led to the agreement between Air New Zealand and Qantas to still achieve those profits. Also another factor is fuel prices‚ which is a major cost for airlines especially
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realising that they are sacrificing the comforts provided by a full service airline. Their basic needs and wants ultimately come down to the lowest cost flight‚ secondary to that is service. Jetstar are targeting the right customers as it’s owner Qantas caters for the full service category. They do have fierce competition in that category mainly Virgin Blue then Tiger Air. Virgin Blue probably has a better reputation for providing better service at relatively the same price. This is a potential weakness
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What are the success factors of Air New Zealand and how can the airline stay competitive? In order to answer this problem statement‚ we will have a closer look at the strategy of Air NZ and at its competitive advantage towards competitors such as Qantas‚ Pacific Blue or JetStar. Afterwards‚ it will be pointed out‚ what Air NZ will and should do in order to stay successful and competitive in the future. 2. Methodology This evaluative research seeks to assess the success of Air NZ’s strategy. The
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XinlanLi310064295; ShuyiWang311121136; WentingHe311145744 ACCT6003 Group Assignment Qantas Airways and Singapore Airlines Content I. 1. 2. Business Strategy Analysis Five forces Analysis of Airline Industry Company Strategy Analysis II. III. 1. 2. 3. 4. 5. Accounting Analysis Financial Analysis Return On Equity – ROE Return On Assets – ROA Profit Margin – PM Asset Turnover – ATO Debt-to-Equity Ratio – D/E Ratio IV. V. VI. Market Analysis Conclusion Appendix VII. Reference
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Sharona Calica From: Jeaffrey Reo Goh Date: 13‚ January‚ 2014 Subject: Qantas Airline Founded in the Queensland outback in 1920‚ Qantas has grown to be Australia’s largest domestic and international airline. Registered originally as the Queensland and Northern Territory Aerial Services Limited (QANTAS)‚ Qantas is widely regarded as the world’s leading long distance airline and one of the strongest brands in Australia. Qantas have built a reputation for excellence in safety‚ operational reliability
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contemporary performance measurement framework‚ evaluate the current financial and non-financial measures that your organisation uses. Based on your evaluation‚ indicate in your opinion‚ the extent to which the strategies have been implemented‚ and make recommendations concerning additional areas (with some examples of performance measures) that your organisation could include in their Balanced Scorecard. Airline industry is very competitive as Jetstar isn’t the only Domestic Flight dominating the market
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Travel and Tourism in Australia to 2018 On 21ST APR. 2014 The report provides detailed market analysis‚ information and insights‚ including: Historic and forecast tourist volumes covering the entire Australian travel and tourism sector Detailed analysis of tourist spending patterns in Australia for various categories in the travel and tourism sector‚ such as accommodation‚ sightseeing and entertainment‚ foodservice‚ transportation‚ retail‚ travel intermediaries and others Detailed market classification
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explain how Qantas develops its situational analysis which is made up of the SWOT analysis and product life cycle. Throughout this report competitor analysis will be explained and there will be examples used in order to back up the information stated throughout the report. Background Information: The most important objective in a business is to identify and satisfy customers and by doing this the business will generate revenue. Marketing is one of the most important business strategies for Qantas and this
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VIRGIN BLUE UNDERSTANDING EXTERNAL ENVIRONMENT 1. Attractiveness of the Industry 1a. Identify the industry‚ product segments and value chain The industry is the Australian airline industry (global). Core activities cover providing travel services to leisure travellers in Australia and overseas‚ including flights‚ travel insurance‚ holiday packaged deals‚ and freight business. Products segments including ▪ Business travel ▪ 57.1% of industry revenue ▪ full-fare ▪ business &
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