Corjetz Flashcards

1
Q

What are the political

A

Politically stable

Operate a trading bloc-free trade

Major influence on globalisation in many other countries

Terror and cyber attacks

Fuel prices

Environmentally sensitive

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Comments on economic

A

Economically developed

Own currency

Airline industry supports global trade tourism and economic growth

Demand driven by economic growth

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Comment on social

A

Demand is cyclical

Low-cost airlines more accessible to why the customer

Environmentally aware-alternative air travel

Value-putting people first

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Comment on technological

A

Automation of booking-flight documentation

Baggage drop off and flight check-in

Airport security

Cyber attacks

Biofuels for the future

Improve processes to not miss flight slots

Economically friendly aircraft

Data analytics

Early adopters of latest technology

Mobile app-checking, boarding card et cetera

For the automated baggage check-in is

Aircraft fitted with touch pads for staff

Aircraft fitted with dictator service

Value-drive innovation

Value-committed to safety

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Comment on environmental

A

Extreme weather caused by climate change

CO2 per passenger

No logbooks helps reduce CO2 emissions per flight

Economically friendly aircraft

Value-sustainable behaviour

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Comment on legal

A

Compliance with flight management activities (ATC)

Environmentally sensitive in future

Comply with government legislation

Comply with global trade association

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Power of customers

A

Cough leader-loyalty cost not brands

Delays for customers

Value-building customer trust

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Power of suppliers

A

Airports-flight management activities

Ground handling charges increases due to flight delays

Partnerships with aircraft manufacturers

Maintenance contracts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Comment on threat of new entrance

A

30 low-cost airlines across Hundria

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Threat of competition

A

Why are the customers more competition

We have 14% market share and Brianna has 17%

40% of market share consolidated in three companies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Threat of substitute

A

Alternative airline travel

For service carriers

Charted airlines

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Stakeholders

A

Key player
Airline
Globe global trade Association
Large institutions (80%)

Keep satisfied
Governments

Keep informed
Employees
Employees (10%)

Minimal effort
Minor investors (10%)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Current strategy

A

Cost leadership
No-frills
Economy flights only for leisure passengers
Smaller fleets
Less popular airports were handling fees are cheaper
Gap in market – more convenient and affordable low-cost travel air

Market destruptor
Looking for opportunities to extend network
Cost efficiency is overriding strategic focus

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Potential future strategy

A

Expand into non-commercial flights (subsidiary or subdivision)
Expand to business class
Expand into remaining 60% market share
Do continent model rather than international

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Stats

A

Call Jet start a 20 years ago
Operates 1000 routes In 30 countries
Currency is dollar
Operates and 130 airports
Hundria - 20% of people travelled, commercial flights per day and revenue versus global

20% of cost of fuel

Airlines account for 3% of global emissions

Traffic increase 5% despite economic concerns

Delayed flights to 20%

Punctuality within 15 minutes

40 miles from capital city

30 low-cost airlines across the continent

Magda Fisk is the CEO for 10 years

Average aircraft is 4 1/2 years old

Economy class seats only 150 versus 1 140

Over the five years revenue is up 40%

Profit before tax is consistent at nine or 10%

Return on capital employed is 12%

Punctuality trend gone down for customer satisfaction gone off

Fuel and handling account for nearly 50% of costs

Call jets flights per year is 84 million (600,000,000×14%)

Ask-higher number the better

Rask – higher better

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

AI

A

AI is helping better forecast wind movements which helps with flight delays

Use AI for better revenue, understand when particular customers tend to pay for seats and alter the price accordingly to maximise those that buy seats

Monitoring systems to better anticipate when faults will occur with flights to fix before it becomes a problem

Feedback on improvements mid flight perhaps

Fuel efficiency, advise to pilots of wind streams etc

Driverless buses and baggage carts

Single pilot aircrafts

Better use of biometrics til boarding

Aid pilots in specific situations

Blended wing design

Electric aircraft

Multifunctional urban airports

Leisure travel is back to normal after pandemic but as business changes business travel has not recovered