Compare a chosen lcc with a full-service airline

Assignment Help Microeconomics
Reference no: EM131115143

Written Assignment: Airline Product Offering

Airlines offer a variety of products ranging from the no-frills air transportation to international first class featuring amenity-filled cubicles with fully reclining seat/beds and attentive in-flight service. This assignment is intended to illustrate the variety of airline product offerings available and stimulate thinking about how best to serve the diverse wants and needs of passengers.

Europe's Ryanair is well known for its cheap fares and bare-bones service. Europe's old line network carriers including British Airways, Air France/KLM and Lufthansa, on the other hand, offer more choices and features within Europe and to major destinations worldwide. In Asia, low-cost-airlines are rapidly expanding in the marketplace. Air Asia and Jetstar are two of the larger LCCs (along with their various subsidiaries). Asia also is home to many full-service airlines such as Japan Airlines, Air China, Cathay Pacific, Singapore, and Korean Air.

In a short research paper, compare and contrast a chosen LCC with a full-service airline using Doganis' 5 key product features as a framework (price, schedule, comfort, convenience, and image). Choose one or two city-pairsserved by both carriers on which to base the comparison. Summarize your findings and emphasize critical differences. Extensive data, such as the ancillary fee structure, may be best presented in a table. Discuss the passenger segment(s) targeted by each airline. Next, compare the airlines' profit history using a common metric such as margin on total revenue. Conclude with an evaluation of each carrier's overarching business strategy. Explain your assessment of the most profitable strategy.

Upon reading the paper, a potential passenger should have the information needed to choose between the two airlines on the selected city-pair(s). Note: Before beginning your research, ensure that the needed data are available from the airlines' websites and other online sources.

Use APA style including a title page, table(s) or charts as appropriate, citations, reference list, running head, page numbers, and section headings. Of course, an introduction and conclusion are always appropriate. There is no page number requirement, but about six pages, not including title page, reference list, and appendices, should be sufficient.

Reference no: EM131115143

Questions Cloud

Analyze business considerations presented by the situation : Analyze the business considerations presented by the situation. Compare two radically different approaches to addressing the situation.
Draft your recommendation to management : Analyze whether or not the company should continue manufacturing in Canada or if it should move back to the United States. This requires research into transportation cost estimates from Colorado to Toronto. It also requires analyzing the impact on..
Find the induced armature voltage at rated load : Assuming the total brush-contact drop to be 2 V, find the induced armature voltage at rated load and rated terminal voltage for
Costs and benefits of the two approaches : Little Red Hood Inc. management has estimated the factory overhead cost as $1090 variable cost and $1430 fixed cost to make 100 units using 500 machine hours. Compare the above method of cost estimation with engineering approach, with respect to t..
Compare a chosen lcc with a full-service airline : In a short research paper, compare and contrast a chosen LCC with a full-service airline using Doganis' 5 key product features as a framework (price, schedule, comfort, convenience, and image).
Prepare the journal entry to record amortization expense : The fair value of the copyright at December 31, 2011, is $3,400,000. Prepare the journal entry (if any) necessary to record the increase in fair value.
Do you believe that the solution proposed by doug is ethical : Do you believe that the solution proposed by Doug is ethical? Explain. Tonya Martin, CMA and controller of the Parts Division of Gunderson Pty Ltd, was meeting with Doug Adams, manager of the division
Idea generation to commercialization : Outline the steps you will take to bring your product to market from idea generation to commercialization, using a multi-step product development process.
Draw a graph of the credit market : Draw a graph of the credit market and explain the difference between the real interest rate and the nominal interest rate. Why the public and politicians are not supportive of expanding international trade.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd