To track regional businesses and to the . Press Esc to cancel. For example Emirate Airline has succeed to avoid its prices matching with what other airlines are offering product to customers at lower price. 1. If you need assistance with writing your essay, our professional essay writing service is here to help! The wholesaler and retailer through the use of their cargo services send their products to end customer. No plagiarism, guaranteed! This paper provides an overview of Emirates Airlines, analyzes internal and external factors that affect their business, addresses stakeholders' expectations, and looks into the challenges. Another entry barrier is brand equity, whereby established carriers boast of a strong presence and brand value. In addition to supporting global supply chains for food, medical and other trade items, Emirates SkyCargo also tapped on its pharma capabilities and infrastructure to support the worldwide distribution of COVID-19 vaccines and humanitarian relief to Lebanon in the aftermath of the Port of Beirut explosions. The three strategies will be analyzed to determine their suitability, acceptability, and feasibility in the commercial aviation context. Some of the prominent airlines from UAE other than Emirates Airline are Etihad Airline, and Qatar Airline. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. Diversification is referred as offering new services to new market. Some of the bases on which Emirates Airlines position their products are price, quality, demographic, by providing diversified products and many other basis. Dubai based airline company is the subsidiary of Emirates Groups. Excluding the impact of COVID-19 related cancellation of bookings, revenue from Travel division declined by 89% to AED 294 million and the TTV dropped by 83% to AED 1.7 billion. In 2017, Emirates was lauded as the Best Airline in the World in the inaugural TripAdvisor Travelers Choice Awards for Airlines. Therefore, the section in detail analysis the potential customer of this airline and the different factors that affect their purchase decisions. 2011). Customers have a high bargaining power because ticket costs vary depending on the travel option (budget or luxury option). Sheffi, Y 2006, The Resilient Enterprise: Overcoming vulnerability for competitive advantage, Pearson Education, New Jersey. Competition from low-cost carriers (LCC) like Jazeera Airways and Air Arabia reduces the profits of carriers that offer long-haul services, such as Emirates. Keeping a tight control on costs, across the Group, financial obligations were restructured, contracts renegotiated, processes examined and operations consolidated. For Promotion of their brands Emirate Airline uses of traditional marketing techniques like: They allocate a handsome amount for their advertising budget. Different sub-types of passengers have been identified (Neufville & Odoni 2003; pp. The only recommendation is that, they have to position their marketing activities while considering all their competitors. !-Keith GrencherBirmingham Business School. The Essay Writing ExpertsUK Essay Experts. Technological the country is also growing, likewise in telecommunication industry Etisalat is the market leader, and providing best services in telecommunication industry around the world. July 23, 2021. https://ivypanda.com/essays/emirates-airlines-strategic-choices-and-decisions/. Its airport services brand, marhaba, opened an expanded and refurbished lounge at Dubai International airport, and expanded its international network with a new lounge in Manilas Ninoy Aquino International Airport. Its product development efforts should focus on installing technologies that enhance passenger comfort and communication while on-board. IvyPanda. As of September 2021, Emirates Airlines served over 150 destinations in over 80 countries across six continents. (2021, July 23). Additionally, the airline has become number choice of the families around the world. The cargo division also introduced new loading protocols to safely utilise overhead bins and passenger seats to carry cargo. From past statistical evidence and levels of achievement, the Emirates has continued to demonstrate great care for its employees and involved stakeholders for their role in the growth of the company with emphasis on immediate environments and the communities served by the fleet of its airlines. Registered office: Creative Tower, Fujairah, PO Box 4422, UAE. More and more countries are recognising that liberal air access has a multiplier effect on their economics and protection of their national carriers no longer stacks up in the cost-benefit equation or serves their national interest. Therefore, the airline is first choice of customer around the country and around the world. The airline started its operations in 2003 and from that time till today the organization has shown exceptional growth in term of providing quality to the passengers who travel through this airline. And, as they also cargo carrier then their major aim is also provide on time delivery to its customers. For Emirates, the main stakeholders include the government, customers, suppliers, services providers, prospective customers, the press, the public, and the community. dnatasCatering business accountedfor AED1.0 billion (US$285 million) of dnatas revenue,significantly down by 68%. They also follow Informative Advertising: where they try to create brand awareness and knowledge of new products or new features of existing products. Progressing with key investments for its future growth, dnata Catering inaugurated a second state-of-the-art catering facility in Dublin, introduced new bio-digesters to reduce food waste across its operations, and solar panels at its Singapore facility as part of its commitment to reduce its environmental footprint. Reach thousands of academicians and corporates across the globe. And try to rate them on term on 1 to 5 rating in scale in term of quality by asking from people. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The StB entails five features that automate the entire traveling process, namely, e-ticketing, eCheck-In, eBoarding pass, eBaggage Management, and eFreight (International Air Transport Association [IATA] 2008). Therefore the demand for services provided by many airlines is increasing day by day as the population of UAE is increasing. In aviation industry the company has established the strong brand name. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Looking for a flexible role? International Air Transport Association [IATA] 2008, Fact & Figure Environment. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. IvyPanda. Our top priorities throughout the year were: the health and wellbeing of our people and customers, preserving cash and controlling costs, and restoring our operations safely and sustainably. Web. Maximova (2019) opined that stakeholders' analysis can be regarded as a tool for generating ideas about actors or individuals to analyse and understand their intentions, behaviours, interests and relations; accessing the influence they bring on decision-making and . Economic. The airline is the leading as well as the largest airline of not only UAE but also of Middle East. The business saw a positive operating cash flow of AED 10 million (US$ 3 million) in 2020-21 despite the sharp decline in revenues and the unprecedented volumes of refunds in its travel division. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. Conflicts in the Middle East and Global Terror Threats: The ongoing conflicts and instability in Middle East and North Africa region including Syria, Iraq, Libya, Egypt, Yemen and Sudan are a cause of concern. The requirements for the implementation of the strategies include financial systems, passenger management systems, and HR systems. In this article, we do a SWOT Analysis of Emirates Airlines. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Emirates Airlines Annual Report 2019 - https://cdn.ek.aero/downloads/ek/pdfs/report/annual_report_2019.pdf, 2. In recent years, the airline has received numerous awards for its in-flight entertainment system (ICE) and exceptional service. The number of aircraft turns handled decreased by 57% to 211,000, on account oflower business volumes; whereas there was only a minor 5% decline in cargo handled to 2.1 million tonnes given the strong air freight demand across many markets. Table 1 Emirates Airline receives rating of 4.6 rating, whereas, Etihad Airways receives an average of 3.8 rating and Qatar Airways receive the rating of 3.4. "Emirates Airlines' Strategic Choices and Decisions." Web. The SAF model applied to Emirates indicates that each of the three strategic options is essential in the airlines growth. Today the economy of the country is growing on fastest pace and the recorded economy in 2013 was 4.4 percent, which was expected to reach at 4.8 percent this year. Web. Working closely with aviation stakeholders to design and implement bio-safety measures, Emirates gradually restored its passenger network and hub connectivity from mid-June 2020 as the UAE re-opened for transit travellers and later for international arrivals. It employs a hybrid pricing strategy for its ticket prices for the economy and business classes. During the year, Emirates reactivated its strategic codeshare partnership with flydubai, and entered into agreements with new partners TAP Air Portugal, FlySafair, and Airlink in South Africa, to expand connectivity for its customers. 5, pp. Labour force, which comprises engineers and pilots, tends to be unionized. Before we dive deep into the SWOT analysis, let us get the business overview of Emirates Airlines. Emirates' Economic Impact in Europe Figure 1. Turkish Airlines based in Istanbul is also emerging as a formidable regional rival covering more than 280 destinations through its hub and spoke model. During 2020-21, dnatas Airport Operations division continued to strengthen its international reach and capability. And its operating in many industries and sectors. Emirates average fleet age remains at a youthful 7.3 years. Disclaimer: This is an example of a student written essay.Click here for sample essays written by our professional writers. Emirates invested to upgrade its signature A380 experience with new Premium Economy seats and other product enhancements. Meet & Greet Opens an external link in a new tab, Eurail Opens an external link in a new tab, Media centre Opens an external link in a new tab, Careers Opens an external link in a new tab, The Emirates Airline Foundation Opens an external link in a new tab, Skywards Exclusives Opens an external link in a new tab, COVID-19 information and disrupted travel. In very short time span the company has establish it some a major competitor of other airlines. The analysis will cover the suitability, acceptability, and feasibility (SAF) of these strategies. This dramatic revenue decline was due to the COVID . A SWOT matrix (Appendix 1) was applied to Emirates to reveal its internal strengths and weaknesses as well as potential market opportunities and threats in commercial aviation. Based on the evaluation, the following three strategic choices were identified: Porters five forces provide a useful framework for analyzing industry structure and processes to identify the sources of competitive advantages for a firm (Porter 2008, p. 67). It is the process of dividing potentialmarketsor consumers into specific groups and offering product according to their needs. Being a service provider the major aim of the airline is to provide comfortable journey to its customers. Emirates Airlines, founded in 1985, is the largest airline in the Middle East, based in Dubai, United Arab Emirates (UAE). (Special Needs | Essential Information | Emirates Online Booking and Planning | Emirates, 2014). The prime aim of the company as well as its employees are to deliver the unique and superior customer services. You are free to use it for research and reference purposes in order to write your own paper; however, you Ban on carrying electronic devices to U.S bound flights, 1.
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