Edit the Brand or Add a New One : Share this Page on:. The airline mainly serves destinations in the United States, along with flights to the Caribbean, The Bahamas, Bermuda, Colombia, Costa Rica, Dominican Republic, Jamaica, and Mexico. Some of its shareholders are Fidelity Management and Research Company 9. Booking arrangements not as flexible as normal airlines — Unable to get refund once tickets are booked 5. They also have separate agreements with American Express that allows the cardholder to convert their Membership Rewards points to TrueBlue points and in 2016 similar agreement took place with Citibank.
This in turn, would facilitate further tourism inflows to the country and help promote trade and commerce. In addition, there has been a lot of merger and acquisition activity within the airline industry over past few years. Apprehension of economic slump in Latin America 2. Rising Fuel Costs and Labour Costs 3. We expect the company to expand these margin-enhancing products, and look for other services to be promoted, as well. Management has also done a great job of managing costs. This is a big opportunity for Jet Airways in its domestic market.
Joint ventures with other Airlines for new market development. Please check our to see how we protect and manage your submitted data. Last year, over 86% of its customers flew on non-stop itineraries. Strengths Exceptional Customer Service: JetBlue is well known in the airline industry for its strong customer service and innovative products. Jet Airways is a trusted airline by the corporates 3.
Fluctuations due to seasonality, weather and other factors Strength 1. Opportunities for Jet Airways A growing number of people opt to travel by airlines. They are also focused on point to point service to large metropolitan areas with high average fares or highly traveled markets that were underserved. Thus, the company's robust fleet base and strong network portfolio enables Jet Airways to improve its operational margins by effective utilization of its asset base. JetBlue is a non-union airline. Strategic alliance can help the airline explore new opportunities.
Earning correlated with fuel prices 2. Kennedy International Airport and maintains corporate offices in Cottonwood Heights, Utah and Orlando, Florida. Presence of other airlines on international routes making it difficult to have significant market share Opportunities 1. International destinations include Kathmandu, Colombo, Singapore, Kuala Lumpur, London's Heathrow Airport, Bangkok, Brussels and Newark. It also provides cargo services to courier companies, the postal department of the Government of India, international airlines, and financial institutions. It offers free brand name snacks and non-alcoholic beverages.
While the company has seen profits strengthen over the past year, due to the sharp decline in global crude oil prices, the opposite can also hold true if oil prices recover. Political Factors How and to what extent the government does intervenes in the economy. Better use of technology, reservation are handled online with the unique reservation system. Finally, we would also like to thank our fellow batch-mates for their encouragement. The JetBlue Airways is one of the leading companies in its industry. Likewise, tourism is booming around the world.
Therefore, different theoretical aspects are created in the study to support the aim of the organization in fulfilling their dreams for success. Weak financial reporting, highlighted in the audit. The brand names and other brand information used in the BrandGuide section are properties of their respective companies. New and efficient aircrafts in its fleet: Amongst any other major U. Weakness of JetBlue Airways — Internal Strategic Factors Weakness are the areas where JetBlue Airways can improve upon. Growth rate 24% annual growth 3.
In February 2006, JetBlue announced its first ever quarterly loss. One of the reason why the days inventory is high compare to its competitors is that JetBlue Airways is not very good at demand forecasting thus end up keeping higher inventory both in-house and in channel. In 2001, JetBlue began a focus city operation at Long Beach Airport in Long Beach, California, and another at Boston's Logan International Airport, in 2004. Opening more domestic and international routes is worth exploring. The cost of jet fuel formed a significant part of the total expenses for the company. Therefore, consistent negative margins for the company could negatively impact shareholder's confidence in the company thus affecting its future growth plans. These are amenities that have helped attract customers, which has supported top- and bottom-line growth.
It started commercial airline operations on 5 May 1993 with a fleet of 4 Boeing 737-300 aircraft. During the late 1980 's the monopolization of major routes by a few major carriers, the limited availability of free landing spots at major hubs and the emergence of limited brand loyalty and tacit price agreements have all helped reduce the intensity of competition. Sometimes, global forces are driving the way competitiveness is established in the low-cost airline industry such as the rising oil prices which are forcing some of the airlines to increase their charges. Jet Airways other major hubs are located at Indira Gandhi International Airport,Delhi,Anna InternationalAirport, Chennai, NetajiSubhashChandraBose InternationalAirport, Kolkata, BangaloreInternationalAirport, Bangalore, and BrusselsAirport, Brussels. Jet Airways acquired its scheduled airline status in January 1994, when the Air Corporations Act 1953 was repealed. Opportunities for improvement include increase in air passenger travel in the U. Threat This section is available only in the 'Complete Report' on purchase.
It started commercial airline operations on 5 May 1993 with a fleet of 4 Boeing 737-300 aircraft, with 24 daily flights serving 12 destinations. JetBlue was named the number one U. Moreover, the demand for petroleum and related products has historically been cyclical and sensitive to the availability and prices of oil and related feedstock. Do they have tie-ins with hotels or rental cars? JetBlue have recycled over 37,000 lbs. Jet Airways was set up by Naresh Goyal, who owned Jetair Private Limited which provided sales and marketing for foreign airlines in India. JetBlue maintains a corporate office in Cottonwood Heights, Utah, a satellite office in Darien, Connecticut, and its Information Technology center in Garden City, New York. Last year, it served 87 destinations in the United States, the Caribbean, and Latin America.