...7.02am: We're up and running again this morning with live updates of the unfolding Qantas situation, including what now for the airline's passengers and how the share market will treat the weekend's exercise. Today's live article can be found here. 2.32am: Following FWA's ruling a little after 2am AEDT, this live article has been suspended. We'll be back with updates later this morning. Sixty-eight thousand Australians and the tourism industry has been grossly inconvenienced by this high-handed ambush of the passenger. 2.09am: FWA rules the Qantas industrial action must be terminated. The termination will allow for 21 days of negotiations between Qantas and the unions. If they can't come to an agreement in that time, the FWA full bench will rule on the dispute. Termination order expected to take effect from 9am. Planes likely to take several hours to get back in the sky after that. Qantas has previously announced via Twitter that no flights would take place before midday at the earliest. On Sunday, Alan Joyce had told media Qantas would only be able to resume flying with a termination ruling, rather than a suspension. Bill Shorten has welcomed the ruling. 1.29am: While we continue to await FWA's ruling, Reuters reports that Air France has cancelled one in five flights after cabin crew stopped work for a second consecutive day to protest against employment conditions. To keep as many planes in the air as possible in the middle of a busy holiday period...
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...Strategic Management Group Project Virgin Atlantic Airways Limited Instructor: Mr. Audun Fiskerud Presented by: Mikael Tving Therkildsen - Jacob Brodersen – Jonas Ravn Nielsen - Gary Chuyu Fang Executive summary This report strategically analyses the Strategy Business Unit (SBU), passenger transfer service, for Virgin Atlantic Airways Limited. The strategic analysis contains investigation of certain key business areas of Virgin Atlantic, such as: defining whom the Virgin Atlantic customer is; understanding of the external environment issues of the airline industry; competitor analysis, and analysis of the Human Resources within the organization. Through the analysis of Virgin Atlantic Airways Limited, some issues for the company were uncovered. Especially two main issues should be considered as potential problems for Virgin Atlantic’s business unit and so action needs to be taken within these areas: 1. Lacking economy of scale (size of the company). 2. Increasing environmental awareness among customers. 1. Virgin Atlantic lacks economy of scale because of the size of the company and limited routes available. To be able to compete effectively and gain greater profits through economy of scale, Virgin Atlantic has to expand by opening new routes. The implementation of this will require strategic financial planning and adjustment of the company structure. It is likely that this process will take several years; however, this change is necessary to increase Virgin...
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...the biggest international airline in the world. It is based at Heathrow Airport in London, the busiest international airport in the world, and has a global flight network through partners such as American Airlines in the United States and Qantas in Australia. As the United Kingdom's sole global network carrier, it transports 36 million passengers a year to around 268 destinations and 97 countries. The airline revisited to profit in2010 the first since 2007 making 157millon pound pre tax income. British Airways (BA) is a private profit-making airline based in the United Kingdom that flies to destinations all over the globe, including the United Kingdom and Ireland, North America, the Caribbean and South America, the Middle East, Asia, Australia and Africa. Headquartered at Heathrow Airport in London, BA is known for its attention to detail and emphasis on safety and security. British company British Airways is all about bringing people together, and taking them wherever they want to go. This applies as much to our employees as the 36 million people who travel with us every year. The travel industry is notoriously competitive, and we have certainly had our share of challenges over the past few years. We believe we now have a firm strategy in place that gives us good cause for confidence going forward. British Airways Plc and its subsidiaries provide international and domestic scheduled air services for the carriage of passengers, freight, and mail. It flies to approximately...
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...HIT5401 - INTRODUCTION TO BUSINESS INFORMATION SYSTEMS Swinburne University of Technology Faculty of Information and Communication Technologies Satish Krishnamurthy (4921232) HIT5401 Jason Sargent Assignment 1 September 1, 2013 PART A Answer 1: Describe the information age and the difference between data, information, business intelligence and knowledge. Information age began somewhere around mid 1970’s and is the current era we are living in. It is often referred to as Digital Age or Computer Age, where vast amount of information is freely, readily available at a snap of finger and easily accessed by many people mainly through Internet, mobile and computer technologies globally, that is information is available across the globe irrelevant of cultures and its continuously changing and updating new information. * Data is just raw facts and figures such as text, graphs, pictures etc., * Information is processed data i.e., data interpreted or communicated by giving it some meaning. * Business intelligence is applying information and communication technology tools like IBM Cognos Business Intelligence application and similar technologies that is used to gather, analyze data and information which helps in making good business decisions from reliable and accurate information. [1] * Knowledge is derived from skill, information and experience of a person combined with business intelligence. For example, business analysts gather most of their knowledge...
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...Propulsion Systems In charge of Sourcing and Contracting. Procurement Operations In charge of Supply Chain management and Performance Improvement. 2 Specialised operating units: EADS General Procurement, Airbus Military Procurement and Supply Chain With end-to-end responsibilities, driving the purchase and Supply Chain management of non-flying goods and services (General Procurement) and flying goods and services (except engines) for Airbus Military aircraft. 5 Procurement governance and coordination units: Procurement Strategy and Services, Procurement Compliance, Quality Procurement and Programmes Procurement (Series and A350 XWB) In charge of facilitating cooperation with the programmes and supporting the Commodities and Procurement Operations. © AIRBUS S.A.S. All rights reserved. Confidential and proprietary document. Airbus Procurement Presentation June 2013 Organisational Structure Head of Procurement Procurement Strategy and Services Procurement Aerostructure Procurement Operations EADS General Procurement* Governance and coordination units Operational domain Quality Procurement Procurement Equipment/Systems and Support A350 XWB Procurement Procurement Cabin Series Programme Procurement Procurement Propulsion Systems * This entity is also in charge of General Procurement for the other EADS divisions. © AIRBUS S.A.S. All rights reserved. Confidential and proprietary document. Specialised units Procurement...
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...Week 1 Weekly Questions 1. In your own words, define marketing. Marketing is the process of selling and obtaining products and services through social activities. 2. Give some example of marketing activities that you see out in the “real world”. For example, Coles sells food and necessity to people. The shop of Clinique provides some cosmetics to the women. Central market sells lots of fruits to people. 3. Explain the ‘marketing philosophy’. What is the difference between the ‘marketing philosophy’ and a ‘market orientation’? Marketing philosophy: a) Production concept----focus on manufacturing efficiency b) Product Concept----focus on quality - as the firm sees it c) Selling Concept----focus on ‘just sell it’ d) Marketing Concept----achieving goals depends on knowing needs and fulfilling them e) Societal Marketing Concept----is serving individual wants what’s best in the long run Marketing orientation is to know the demand and need of customers and create customer value from the information. Marketing concept is an attitude to customer, companies focus on what customers need and understand customers deeply and create the products customers want. 4. Discuss the new marketing challenges in the 21st century as per chapter 1.s a) Growth of non-profit marketing b) Rapid globalisation c) IT & Electronic marketing d) Changing world economy e) Ethics and social...
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...Abstract Business strategy is important for organizations to operate, and it significantly impacts on every department of organizations. If the strategy has changed, it will cause many problems. In the process of implementing these changes, there is support or resistance from shareholders. This report focuses on analyzing BA’s strategic changes and dealing with managing these changes. In tradition, HRM is the organizational function that deals with requirement, training, assessment and rewarding of employees, while also managing people and the workplace culture and environment. Now the new role of HRM refers to overcome the challenge form implementing changes of organizational strategies. The case also indicates that the flexible HRM plays a significant role of dealing with the disputes between employees and management. Key words: strategy management, British Airways, change management, labor dispute Implication of strategic change in British Airways 1. Introduction Generally, a company makes strategies based on the changing environment. But if the strategies changes, there are many barriers to conduct. Human resource is performed as the most valuable asset of organizations. How to manage and more efficiently utilize the asset is so significant for organization to operate and develop. Obviously, there are resistance form employees. Therefore, human resource department is responsible for coordination in the organization. Human...
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...Assessment of British Airways Human Resource Management Strategies In a human body, heart is the most important part form where we can judge whether body working fine or not. In the same way in any organization the most important asset is employees. And to maximize their assets, management should always manage the employees working condition with intelligence and efficiency. If employees of any organization are well managed, the organizations mostly do very well. It is therefore necessary to work on development, building, motivation, enhancement and enrichment of the employees. In general every organization believes that Human Resource (HR) offers them reasonable advantage. These advantages can be Quality work force Quality culture etc. The Strategic Human Resource Management ensures that the employees or human capital of an organization contributes towards its achievements with their performance, knowledge and skills. The Traditional Human Resource is only concerned with the implementation of the policies like: Recruitment, Staffing, Reward, Assessment But when general HRM plug into the organization’s strategy the outcome of HR department more scope to increase the abilities of their workforce and focus on the vision and mission. This connection is made to improve the organization performance and develop organizational culture which in turn facilitates innovation and flexibility. Overall the key principle of Strategic HRM is to achieve organization’s...
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...........................5 About the Company ............................................................................................................................5 Your Products and Services................................................................................................................5 The Market ..........................................................................................................................................5 The Business Potential .......................................................................................................................5 Mission, Goals and Objectives............................................................................................................6 Strategies...
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...Industry Overview Development of World Scheduled Air Traffic World Economic Growth and Airline Profits Rankings - Passenger services Rankings – Freight services Section 2 - British Airways Profile Overview Alliances LHR Air Transport Movements LGW Air Transport Movements Awards History Key Events (1987-2005) Board Members Leadership Team British Airways Management Team Employees Brands Departmental Analysis Section 3 - British Airways Fleet Aircraft Fleet Aircraft Delivery Schedule Mainline Fleet Profiles Regional Aircraft Fleet Maintenance Section 4 - British Airways Performance Summary Strategy Social and Environmental Performance Incentive Plans Summary Financial / Operating Statistics Principal Investments Shareholder Information Share Price History Section 5 - Global Partners Overview BA Connect Franchisees oneworld Aer Lingus American Airlines Cathay Pacific Finnair Iberia LanChile Qantas oneworld At A Glance Section 6 - Route Network British Airways Franchisees Section 7 - General Information Airport Three Letter Decodes Outside Advisors Abbreviations & Specialist Terms How To Contact Us 2 3 3 4 4 5 6 6 7 8 89 91 92 93 97 98 99 100 101 102 103 104 9 9 10 10 11 12 13 38 39 40 41 44 47 105 109 110 115 116 118 56 56 57 69 72 73 74 75 75 77 86 87 88 This document has been prepared solely for the purpose of providing information about British Airways to interested parties. It does not constitute an offer to sell any securities and must not be relied upon...
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...airlines and a five-fold increase in the number of aircraft operated. The largest and most popular airline in Mumbai India is Jet Airways started in 1993. Naresh Goyal (both founder and owner) still owns eighty percent of the company, and oversees all aspects of the business. This paper reviews one of the airlines, jet airways, strategic evaluation process to select the next corrective action for the airlines and also the impact on overall aviation industry. How to do a strategic evaluation? Strategic Evaluation is the final phase of Strategic management. Strategy Evaluation is as significant as strategy formulation because it throws light on the efficiency and effectiveness of the comprehensive plans in achieving the desired results. The managers can also assess the appropriateness of the current strategy in today’s dynamic world with socio-economic, political and technological innovations. The process of Strategy Evaluation consists of following steps- 1. Fixing benchmark of performance - While fixing the benchmark, strategists encounter questions such as - what benchmarks to set, how to set them and how to express them. In order to determine the benchmark performance to be set, it is essential to discover the special requirements for performing the main task. The organization can use both quantitative and qualitative criteria for comprehensive assessment of performance. Quantitative criteria include determination of net profit, ROI, earning per share, cost of production...
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...GUILDHALL COLLEGE BTECH HND IN TRAVEL AND TOURISM MANAGEMENT UNIT-13: HOSPITALITY MANAGEMENT THE LECTURER NAME: MOHAMMAD AKHTAR NOORANI STUDENT NAME: STUDENT ID: Intercontinental Park Lane London [pic] Tourism is vital to the economies of most countries worldwide (Abrahams, 2006).Trends in global tourism have shifted remarkably over the last decade. Information technology supports the increased sophistication of travellers (Chen and Sheldon 1997), who seek greater variety in their travel arrangements and expect personalized services that meet their unique needs (Sheldon 1993). Previously, travellers received information about destinations through books, brochures, promotional videos, word-of-mouth, travel agents or tourist offices. Tour operators create, arrange and operate tailor-made tours and travel programmes which they market to the customer either through travel agencies or directly via websites, TV adverts and call centres. There are four major players dominate the outbound sector. Leisure is big business. The leisure industry encompasses sport and recreation, health and fitness, betting and gambling. Whether you want to spend your relaxation time actively - by going to the gym, playing your favourite sport, visiting your local theme park, or passively - at the cinema, the bingo hall, or the casino, the leisure industry can cater for your every mood. Background: Intercontinental park lane London is one of the most prestigious...
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...The International Airline Industry Background The airline industry has been limited in expanding because of national and international regulations. Even the dominant players in this market have only been able to keep their dominance over their own markets, except for United States. In United States, the state owned national flag carriers have been the key players of this industry. But in 1990, the competition started to increase in this industry. This was caused due to deregulation, privatization and advent of new technology. During the nineties every major country in the world saw deregulation in airline’s industry. In 1978 United Stated deregulated its airlines and saw an increased competition in their local market. Similar thing happened to European Union when they disbanded their country specific barriers to free market competition among air carriers. Asia also followed the same route. Some regions in Asia quickly deregulated themselves. Many small national carriers in Latin America were privatized. The emergence of free market competition was expected to be more dominant as many European Nations were discussing implementation of opening transatlantic market with USA where landing rights would be determined by free market forces, rather than regulation. The countries signed bilateral agreements between countries that enabled the airlines of those countries to provide landing and takeoff facilities for air carriers of those countries. Privatization and deregulation...
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...Faculty of Business and Law International Business Strategy Analysis Group Assignment (35%) INB70012 Global Business Strategy Semester 1, 2015 Strategy Analysis of AirAsia Convenor : Dr Aron Perenyi & Lecturer Students : Natalia Knets Emma Dalton Gautham Raju Markus Arian Shakoor (1704583) * Executive Summary * Content page Executive Summary II Content III Figures IV 1 Introduction 1 2 Mission, Vision and Core Values 1 3 External Environment Analysis 2 4 Internal Environment Analysis 4 5 Current Strategy Analysis 7 5.1 Corporate and International Strategy 7 5.2 Business Strategy 9 6 Strategy Fit 9 6.1 Financial Performance Analysis 9 6.2 SWOT Analysis 11 7 Strategy Recommendations 14 References 15 * Figures page Figure 1: Structure of AirAsia 8 Introduction AirAsia is a Malaysian low-cost carrier (LCC) and has been established in 1994 by DRB-Hicom. In 2001 Tony Fernandes took over the company and remains the CEO of the AirAsia Group. Fernandes turned the company from a small airline with two aircrafts operating to one destination with 250 staff (AirAsia 2015a) into the number one LCC operating in Asia. Today it operates on 132 routes, connecting 65 destinations in 18 countries with over 8,000 staff (AirAsia 2015b). The group services almost 12 million passengers per year with 171 aircrafts (AirAsia 2015c). This report provides a comprehensive strategy analysis of Air Asia. First the mission, vision...
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...SPC MOTORS PROPOSSAL TO SET UP A PLANT IN NEW ZEALAND New Zealand has an open economy that places few barriers in the way of Foreign Service providers or importers. But our exporters often encounter barriers overseas, which is why New Zealand pursues an active trade agenda. To advance and safeguard New Zealand’s interests, we need to establish and maintain our exporters’ access to markets that matter. Since 2000, trade agreements have proliferated worldwide. As our global competitors develop new networks of trade agreements, we need to match their progress or risk our exporters being disadvantaged. Free trade does not just benefit our exporters. New Zealand importers and consumers enjoy wider and cheaper access to many countries’ goods and services. The idea of introducing a new truck to the region that is more eco-friendly is in the best interest for us and them. Since the earthquake in 2012 many of the buildings and even vehicles were damaged and are in need of replacement. Right now introducing a truck to the area would most likely give us an advantage over the other car manufactures that are selling in the area. The pursuit of trade agreements complements New Zealand's participation in multilateral and regional fora such as: • The World Trade Organization (WTO) • Asia Pacific Economic Cooperation (APEC) • Industry: Automotive Manufacturing Median Salary by Years’ Experience Current state of the labor market: Strong The overall state of the labor market remains strong...
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