The Commercial Viability Of Ultra Long Haul Operations Evidence From Qantas Perth London Service

Author : Linus Benjamin Bauer
Publisher : GRIN Verlag
Page : 124 pages
File Size : 55,6 Mb
Release : 2019-07-24
Category : Business & Economics
ISBN : 9783668987135

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The Commercial Viability of Ultra Long-Haul Operations. Evidence from Qantas' Perth-London Service by Linus Benjamin Bauer Pdf

Master's Thesis from the year 2019 in the subject Economics - Other, grade: GPA 4.0, City University London (School of Mathematics and Engineering), course: Air Transport Management, language: English, abstract: In the past 15 years, various ultra long-haul routes were operated by airlines from different regions across the globe. Between 2004 and 2013, the majority of ultra long-haul routes were axed mainly due to the increase in jet fuel prices. Despite negative developments in the past, current airlines still operate or intend to operate ultra long-haul routes while other airlines and various experts highly question the feasibility of cost-intensive services. Can ultra long-haul flights be profitable at all? Due to the lack of clear academic evidence, the author Linus Benjamin Bauer aims to enhance and update the current debate, whether ultra long-haul flights in general are either commercially viable or not. Key findings from Bauer’s comprehensive analysis and developed revenue-cost model conclude that due to the improvement of fuel-efficient long-range aircraft such as the Boeing 787 Dreamliner and Airbus A350, ultra long-haul operations nowadays may prove to be resilient. The cost advantages of such cost-intensive operations may be slight compared to one-stop services. However, ultra long-haul routes are likely to make up for it in market positioning by targeting premium customer segments with lower price sensitivity, one of the main drivers of the profitability of the 21st century airline business.

Author : Kankaew, Kannapat
Publisher : IGI Global
Page : 349 pages
File Size : 48,7 Mb
Release : 2022-05-27
Category : Transportation
ISBN : 9781668446171

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Global Air Transport Management and Reshaping Business Models for the New Era by Kankaew, Kannapat Pdf

The air transport industry is highly vulnerable to environmental changes as was seen when the recent COVID-19 pandemic caused most airline operations to cease. However, for decades airlines have been collapsing around the globe as the business of managing airline operations has become stressed due to price competition. This is detrimental to air carriers since air transport products and services are the same. Moreover, it impacts other industries such as tourism, hotels, and restaurants, which contribute to the derailment of economic and social activities. Thus, it is essential to determine new practices and strategies that can allow air transport management to be enriched and to flourish. Global Air Transport Management and Reshaping Business Models for the New Era provides a comprehensive collection of knowledge on the new era of business management on air transport. It provides strategies, technologies, and tools used in the reshaping of the air transport business model. Covering topics such as customer experience, robotic process automation, and airline alliances, this major reference work is an essential resource for airline managers, supply chain specialists, air transport managers, students and faculty of higher education, libraries, researchers, economists, government officials, and academicians.

Author : Bijan Vasigh,Ken Fleming
Publisher : Routledge
Page : 513 pages
File Size : 54,5 Mb
Release : 2016-05-06
Category : Business & Economics
ISBN : 9781317113324

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Introduction to Air Transport Economics by Bijan Vasigh,Ken Fleming Pdf

Introduction to Air Transport Economics: From Theory to Applications uniquely merges the institutional and technical aspects of the aviation industry with their theoretical economic underpinnings. In one comprehensive textbook it applies economic theory to all aspects of the aviation industry, bringing together the numerous and informative articles and institutional developments that have characterized the field of airline economics in the last two decades as well as adding a number of areas original to an aviation text. Its integrative approach offers a fresh point of view that will find favor with many students of aviation. The book offers a self-contained theory and applications-oriented text for any individual intent on entering the aviation industry as a practicing professional in the management area. It will be of greatest relevance to undergraduate and graduate students interested in obtaining a more complete understanding of the economics of the aviation industry. It will also appeal to many professionals who seek an accessible and practical explanation of the underlying economic forces that shape the industry. The second edition has been extensively updated throughout. It features new coverage of macroeconomics for managers, expanded analysis of modern revenue management and pricing decisions, and also reflects the many significant developments that have occurred since the original’s publication. Instructors will find this modernized edition easier to use in class, and suitable to a wider variety of undergraduate or graduate course structures, while industry practitioners and all readers will find it more intuitively organized and more user friendly.

Author : Stefanie Aulenbach
Publisher : GRIN Verlag
Page : 29 pages
File Size : 47,9 Mb
Release : 2007-11-14
Category : Business & Economics
ISBN : 9783638857475

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Business Deconstructed - QANTAS AIRWAYS LIMITED by Stefanie Aulenbach Pdf

Seminar paper from the year 2007 in the subject Business economics - General, grade: 2,0, University of Sunderland (New College Durham), language: English, abstract: The Group's principal activities are operating international and domestic air transportation services, providing freight services, selling international and domestic holiday tours and associated support activities including information technology, catering, ground handling and engineering and maintenance. (http://www.qantas.com.au) Qantas flies to more than 142 destinations in about 40 countries. Besides Qantas the company's operations include an Australian regional carrier, QantasLink, and a low-fare carrier, Jetstar. Overall, the company's fleet includes about 219 aircraft. Qantas is part of the Oneworld global marketing and code-sharing alliance, which is led by British Airways and American Airlines. A proposed purchase of Qantas by an investment group led by Macquarie Bank and TPG failed to win shareholder approval in 2007. (http://www.qantas.com.au) Stakeholders are all groups and individuals who have an interest in the company being analysed. In order to focus on these groups which have the power to influence, corporate level activities have to be identified first. This can include large shareholders, governments and trade unions. The power and interest of those stakeholder groups have an impact on the process by which strategy develops at the corporate level and in each individual business.(Williamson et al, 2004, pg. 9) Qantas’ stakeholders are its shareholders, employees, customers, business partners and the community, indirect stakeholders include academics, the media, governments and non- governmental organisations. They all have a major influence on the business, its strategy and therefore its performance. According to the Institute of Chartered Accountants in England and Wales “the objective of financial statements is to provide information about the reporting entity’s financial performance and financial position that is useful to a wide range of users for assessing the stewardship of the entity’s management and for making economic decisions”.(Institute of Chartered Accountants in England and Wales, 2002/2003, pg. 22) Furthermore, it says that this objective can usually be met by concentrating only on the information needs of present and potential investors which are the defining class of user. That is the reason why I will focus on present and potential stakeholders in the main part of this assignment.

Author : Vedhas Sabnis
Publisher : GRIN Verlag
Page : 28 pages
File Size : 50,9 Mb
Release : 2020-11-03
Category : Business & Economics
ISBN : 9783346288677

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Financial Analysis of the Airlines Qantas and Virgin Australia (2015 to 2017) by Vedhas Sabnis Pdf

Submitted Assignment from the year 2018 in the subject Economics - Finance, grade: 65%, Coventry University (Emirates Aviation University), course: MBA in Aviation Management, language: English, abstract: Qantas and Virgin Australia have been Australia’s leading airlines and prime competitors in the regional market. An analysis of the airlines’ financial performance in the period 2015, 2016 and 2017 is presented in this report. The report begins with a short introduction into the dynamics of the airlines under review. The basis of financial analysis is discussed, where the six key financial analysis parameters (profitability, efficiency, liquidity, gearing, horizontal analysis and vertical analysis) are introduced, explained and summarized separately, for each airline. Qantas fulfilled all criteria for a stable airline except in gearing and liquidity analysis whereas Virgin Australia fell short in profitability and efficiency. A comparative analysis is provided where the performance of both Qantas and Virgin Australia is closely studied. A business performance review specific to Qantas is presented with a focus on both financial and non-financial aspects. A conclusion is provided which details out the major findings which are a by-product of the analysis. Lastly, few recommendations are provided based on the summarized conclusion which is of financial and non-financial nature. Qantas was found to be highly profitable in this review period. Virgin Australia meanwhile suffered significant losses and was in the recovery stage at the end of the analysis period.

Author : Dieter Schmitt,Volker Gollnick
Publisher : Springer
Page : 377 pages
File Size : 40,7 Mb
Release : 2015-10-06
Category : Technology & Engineering
ISBN : 9783709118801

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Air Transport System by Dieter Schmitt,Volker Gollnick Pdf

The book addresses all major aspects to be considered for the design and operation of aircrafts within the entire transportation chain. It provides the basic information about the legal environment, which defines the basic requirements for aircraft design and aircraft operation. The interactions between airport, air traffic management and the airlines are described. The market forecast methods and the aircraft development process are explained to understand the very complex and risky business of an aircraft manufacturer. The principles of flight physics as basis for aircraft design are presented and linked to the operational and legal aspects of air transport including all environmental impacts. The book is written for graduate students as well as for engineers and experts, who are working in aerospace industry, at airports or in the domain of transport and logistics.

Author : Anne Graham
Publisher : Routledge
Page : 293 pages
File Size : 41,7 Mb
Release : 2012-05-16
Category : Business & Economics
ISBN : 9781136385902

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Managing Airports by Anne Graham Pdf

Approaching management topics from a strategic and commercial perspective rather than from an operational and technical angle, Managing Airports, second edition, provides an innovative insight into the processes behind running a successful airport. It contains examples and case studies from airports all over the world to aid understanding of the key topic areas and to place them in a practical context. The book: * tackles the key airport management issues related to economic performance, marketing and service provision within the context of the industry's wider development * systematically considers the impact that airports have on the surrounding community, from both an environmental and economic viewpoint * analyses the contemporary trends towards privatization and globalization that are fundamentally changing the nature of the industry Accessible and up-to-date, Managing Airports second edition, is ideal for students, lecturers and researchers of transport and tourism, and practitioners within the air transport industry. Airport case studies include those from BAA, Vienna, Aer Rianta, Amsterdam, Australia and the USA.

Author : Chris Kirui
Publisher : GRIN Verlag
Page : 10 pages
File Size : 42,5 Mb
Release : 2018-12-06
Category : Business & Economics
ISBN : 9783668849433

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Managing Profitable Food and Beverage Operations by Chris Kirui Pdf

Seminar paper from the year 2018 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, , language: English, abstract: In the UK, Mitchells and Butlers provide her customers with a wide range of food experiences through the pubs, bars, and restaurants it operates with the famous brands including O'Neill, Toby Carvery, Harvester among others. In the last three year period, the sector has seen a boost of about 3000 new entries into the industry catapulted by the ever increasing number of customers primarily the millennial willing and able to spend their significant proportion of their income on eating out (Crick, 2016). The increasing demand has created an opportunity for new players in the industry to acquire a proportion of the market making the other traditional market players to continuously strive for market share making each service provider to frequently review their brands and estates as well as how to handle their customers in relation to time they spend in the premises and the quality of the service and experience during the eating out. [...]

Author : Paul Clark
Publisher : Routledge
Page : 263 pages
File Size : 43,5 Mb
Release : 2016-04-15
Category : Technology & Engineering
ISBN : 9781317170389

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Buying the Big Jets by Paul Clark Pdf

Selecting the right aircraft for an airline operation is a vastly complex process, involving a multitude of skills and considerable knowledge of the business. Buying The Big Jets was first published in 2001 to provide guidance to those involved in aircraft selection strategies. This Second Edition brings the picture fully up to date, incorporating new discussion on the strategies of low-cost carriers, and the significance of the aircraft cabin for long-haul operations. Latest developments in aircraft products are covered and there are fresh examples of best practice in airline fleet planning techniques. The book is essential reading for airline planners with fleet planning responsibility, consultancy groups, analysts studying aircraft performance and economics, airline operational personnel, students of air transport, leasing companies, aircraft value appraisers, and all who manage commercial aircraft acquisition programmes and provide strategic advice to decision-makers. This book is also a valuable tool for the banking community where insights into aircraft acquisition decisions are vital. Buying The Big Jets is an industry-specific example of strategic planning and is therefore a vital text for students engaged in graduate or post-graduate studies either in aeronautics or business administration.

Author : Peter S. Morrell
Publisher : Routledge
Page : 353 pages
File Size : 48,7 Mb
Release : 2016-04-22
Category : Business & Economics
ISBN : 9781317093824

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Moving Boxes by Air by Peter S. Morrell Pdf

Air cargo is a key element of the global supply chain. It allows outsourcing of manufacturing to other countries and links production in both multinational and smaller enterprises. It has also been the most important driver of certain export industries in countries such as South Africa, Kenya and Chile. As a component of the air transport industry, air cargo makes the crucial difference between profit and loss on many long-haul routes. For some network combination carriers it accounts for up to half of total tonne-kms flown, and as much as one quarter of total revenue. In addition, the integrated carriers such as DHL, FedEx and TNT have their own fleets of dedicated freighter aircraft, and cargo aircraft operators like Cargolux and Nippon Cargo have a specialist role in the industry. Featuring expert analysis and worked examples to enhance understanding, Moving Boxes by Air by Peter Morrell offers a comprehensive and up-to-date guide to the business and practices of air cargo, with a chapter dedicated to each key issue, such as: current trends, market characteristics, regulation, airport terminal operations, pricing and revenues, and environmental impacts.

Author : Rigas Doganis
Publisher : Psychology Press
Page : 326 pages
File Size : 53,6 Mb
Release : 2006
Category : Airlines
ISBN : 0415346150

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The Airline Business by Rigas Doganis Pdf

The second edition of Rigas Doganis' book brings the airline industry story up to date, exploring airline mergers and alliances, price wars, the impact of disasters and the future prospects for the industry as a whole.

Author : Stephen Holloway
Publisher : Routledge
Page : 845 pages
File Size : 55,6 Mb
Release : 2016-12-14
Category : Business & Economics
ISBN : 9781317049654

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Straight and Level by Stephen Holloway Pdf

This third edition of Straight and Level thoroughly updates the previous edition with extensive comments on recent industry developments and emerging business models. The discussion is illustrated by current examples drawn from all sectors of the industry and every region of the world. The fundamental structure of earlier editions, now widely used as a framework for air transport management courses, nonetheless remains unchanged. Part 1 of the book provides a strategic context within which to consider the industry's economics. Part 2 is built around a simple yet powerful model that relates operating revenue to operating cost; it examines the most important elements in demand and traffic, price and yield, output and unit cost. Part 3 probes more deeply into three critical aspects of capacity management: network management; fleet management; and revenue management. Part 4 concludes the book by exploring relationships between unit revenue, unit cost, yield, and load factor. Straight and Level has been written primarily for masters-level students on aviation management courses. The book should also be useful to final year undergraduates wanting to prepare for more advanced study. Amongst practitioners, it will appeal to established managers moving from functional posts into general management. More broadly, anyone with knowledge of the airline industry who wants to gain a deeper understanding of its economics at a practical level and an insight into the reasons for its financial volatility should find the book of interest.

Author : Mario Asselin
Publisher : AIAA
Page : 366 pages
File Size : 48,9 Mb
Release : 1997
Category : Airplanes
ISBN : 1600860249

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An Introduction to Aircraft Performance by Mario Asselin Pdf

Author : John Tribe
Publisher : Routledge
Page : 497 pages
File Size : 40,5 Mb
Release : 2020-04-01
Category : Business & Economics
ISBN : 9781000041439

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The Economics of Recreation, Leisure and Tourism by John Tribe Pdf

One of the leading texts in the field, The Economics of Recreation, Leisure and Tourism is the ideal introduction to the fundamentals of economics in these industries, helping you to enjoy and pass an economics module as part of tourism, recreation, events or sport management degrees. International in its outlook, it will equip you with vital skills and knowledge for your future career as well as critical skills to help you understand and help tackle crucial challenges facing the world. It is written in a clear and engaging style that assumes no prior knowledge of economics. It applies economic theory to a range of tourism industry issues at the consumer, business, national and international level by using topical examples to give the theory real-world context. This book is richly illustrated with diagrams and contains a range of features such as international case studies showcasing current issues, review questions and extracts from journals to aid understanding and further knowledge, as well as new data and statistics. It concludes with a powerful critique of traditional economics and a set of twenty-one issues that demand action. This sixth edition has been revised and updated to include: recent and time series international economic data to provide a sense of the dynamics of world economies topical analysis to aid decision making for industry, governments and pressure groups a renewed emphasis on environmental and climate change issues new and revised international case studies that demonstrate theoretical principles of economics as applied to the sector a companion website with PowerPoint slides.

Author : Jean-Paul Rodrigue,Claude Comtois,Brian Slack
Publisher : Routledge
Page : 432 pages
File Size : 40,7 Mb
Release : 2013-07-18
Category : Science
ISBN : 9781136777325

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The Geography of Transport Systems by Jean-Paul Rodrigue,Claude Comtois,Brian Slack Pdf

Mobility is fundamental to economic and social activities such as commuting, manufacturing, or supplying energy. Each movement has an origin, a potential set of intermediate locations, a destination, and a nature which is linked with geographical attributes. Transport systems composed of infrastructures, modes and terminals are so embedded in the socio-economic life of individuals, institutions and corporations that they are often invisible to the consumer. This is paradoxical as the perceived invisibility of transportation is derived from its efficiency. Understanding how mobility is linked with geography is main the purpose of this book. The third edition of The Geography of Transport Systems has been revised and updated to provide an overview of the spatial aspects of transportation. This text provides greater discussion of security, energy, green logistics, as well as new and updated case studies, a revised content structure, and new figures. Each chapter covers a specific conceptual dimension including networks, modes, terminals, freight transportation, urban transportation and environmental impacts. A final chapter contains core methodologies linked with transport geography such as accessibility, spatial interactions, graph theory and Geographic Information Systems for transportation (GIS-T). This book provides a comprehensive and accessible introduction to the field, with a broad overview of its concepts, methods, and areas of application. The accompanying website for this text contains a useful additional material, including digital maps, PowerPoint slides, databases, and links to further reading and websites. The website can be accessed at: http://people.hofstra.edu/geotrans This text is an essential resource for undergraduates studying transport geography, as well as those interest in economic and urban geography, transport planning and engineering.