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Airline Industry
SWOT Analysis of the Airline Industry
The airline industry offers transport services of people, cargo, and mail. Its development began in the 19th century, where the conception of the airships and, eventually, the flights of the Wilbur brothers via their airplane invention made flying for leisure possible. The development of air transportation for people includes the provision of cargo and mail services, made possible through air freights (such as the Federal Express service).
The SWOT analysis of the current situation of the airline industry in the country today shows, interestingly, a direct link to socio-political issues that are prevalent nowadays, be these issues national (or domestic) and international.
Strengths of the airline industry include are its privilege of deregulation, development of new aircraft technologies, and geographical...
Deregulation of the airline industry at the domestic level allows airlines to adjust prices of transportation fees appropriate to changes in the market and needs of the airline companies. However, since airline industries have international flights, the privilege of deregulation is negated by international regulation. Nevertheless, the open skies agreement of the United States with states from the European and Asian region are advantages that make the airline industry profitable. Also, the development of new technologies in aircraft development will allow companies to develop airplanes that have the fastest speed, increasing efficiency and productivity. Lastly, the country's large geographical landscape and mobile American society makes air transport not just a luxury, but…
SWOT Analysis: Southwest Airlines Southwest Airlines, having a well-established business incarnation throughout the United States is among the most competitive passenger airlines in terms of pricing strategies and customer services. The company has always been pursuing a growth strategy for its business operations in the local market. Currently, it has customers from all over the United States that consider it a low cost quality airline service provider. The company operates with
SWOT analysis is a strategy development tool used by a majority of organizations. Proper use of the tool will yield the position of an organization in terms of strengths, weakness, opportunity and threats. It is very essential that one consider honesty when analyzing the organization using this tool. The analysis should truthfully reflect the current situation of an organization. In addition, SWOT analysis is a base for developing strategy of
Customers complain of smaller cramped seats and hence an uncomfortable flight experience. This is because Southwest wants to accommodate as many passengers as it can in one flight and its seats are thus smaller than those found in other airlines. This is especially uncomfortable for those who need extra space due to physical challenges. The other weakness of Southwest is its customer on-plane experience. Owing to the cost concern, Southwest
The market is assumed to have perfect information to the price is assumed to reflect all publicly available information. As such, credit ratings or bond yields provide insight into how the market views this company, based on all publicly available information. There is no guarantee that any source is going to have the information you seek. Indeed, once could waste a lot of time, especially if one is determined to
Introduction A strategy is defined as a plan of action intended to accomplish a specific goal. Strategy encompasses attaining or at least attempting to attain to gain, a competitive advantage over rivals. According to Porter (1996), differentiation takes into account being different in the choice of a dissimilar mix of activities to provide a product or service. Furthermore, a strategy is a decision which will make a significant difference to the
S. are seeing modest improvements in economic indicators. The social environment is favorable for air travel. The mode still holds tremendous cachet with consumers and is favored when consumers can afford it. There is some consideration that the airline business is a major contributor to greenhouse gases and therefore global warming, but as of yet the industry has not come under serious public pressure as it is generally viewed by the