GOOD AFTERNOON, Honorable Chairperson, Dean of Students, Distinguished student leaders, fellow debaters, ladies and gentlemen.
“In the state of the industry address by Giovanni Bisignani; CEO of the International Air Transport Authority (IATA) - the global regulatory body for airlines states that “the African continent has recorded the highest rate of recovery in profits (6%) after the global recession. Any nation would immensely benefit if it invests enough into any flag carrier or its civil aviation authority. Thus I come to stand against the motion “Ghana International Airlines can only be saved through divestiture.”
Mr. Chairman, please permit me to begin with a brief history of Ghana International Airlines. It was set up in 2004 as
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Another point is that, it brings in bureaucratic complexity. In addition to direct financial costs, there may be additional bureaucratic complexities necessitated by the need to coordinate and control core activities with additional activities. This tends to waste time and resources of GIA which could have otherwise been used for productive activity.
SUGGESTIONS
Mr. Chairman, I’m not only here to make worse an already worst situation, but also to provide suggestions to possible solutions to saving GIA.
Firstly: Formation of a new management team to replace the old – Since there were so many problems associated with the previous management and several complaints about their incompetency; instead of divesting, a new management team should be put in place with a control mechanism in place to check against corruption. This proposed new management will possess the requisite expertise and adequate knowledge in the aviation industry to move GIA forward into its denied glory.
Mr. Chairman, in addition to this: GIA could also practice CODE SHARING. According to Wikipedia, Code sharing or codeshare is an aviation business term for the practice of multiple airlines selling space on the same flights, where a seat can be purchased on one airline but is actually operated by a cooperating airline under a different flight number or code. It allows greater access to cities through a given airline 's network without having to
In today’s business industry, the globalization process has become an important aspect and fundamental force. The elements that contribute to globalization is the environment, culture, regulation and technology and production. While the advancements globalization has increased greatly, so has the advancements in airline industry with their aircraft (Shevell, 1999). Globalization also provides a great amount of potential profits to nations and their corporations (Button, 2008). Air transportation has evolved into a major industry (Kroo, 1999). The airline industry’s continuously grows and is facilitated through its international investment, tourism, world trade and economic growth (Kroo, 1999).
The situation of the U.S airlines has been affected by a number of factors through time and is not a secret that has been passed by moments difficult, especially in the economic part. One of these factors were the terrorist’s attacks of 911. No other event in history has changed the way of doing business that the fateful events of September 11, 2001. Apart from the significant human loss, the millionaire impact to the economy of New York and in the United States and multi-million dollar expenditure associated with the global war against terrorism, attacks on the World Trade Center (World Trade Center or WTC) in New York and the Pentagon trembled the authority of the United States, at a time when it was going through a recession. All this made
This Agreement ("Agreement") is made effective as of March 29, 2016 by and between Abdul Razak Abdul Mumuni of P.O Box 450, Madina-Accra, Ghana and MEGA FLIGHT SERVICES of P.O. Box CT 4161, Cantonments-Accra, Ghana.
Thank you all for coming this lovely morning. My class and I appreciate you all joining us to hear our voices.
The British Airways case study was a very interesting case to read. It proves that not all people can be leaders, especially the chairman, board and chief executives of British European Airways (BEA) and British Overseas Airways Corporation (BOAC.) According to the case study of British Airways, the life at the “old” British Airways was “bloody awful” (Changing the Culture of British Airways, 1990, p. 1).
Good Morning and Welcome Distinguished Guests, family, and friends of our Graduating Class, it is an honor to have you join us this morning for such a wonderful occasion.
A drop in fares has been the best result of the Airline Deregulation Act of 1978. It has been the impetus for the increase in the number of flights, which in turn has spurred a drive for greater safety in airlines. But with the current airline market, this development has given us one negative. Since ticket prices have dropped to new lows, the realities of an industry which operates on such economies of scale dictates that only a few competitors have the capacity to operate within the market. This is not the desired effect of either political side on this issue, but it is an economic necessity with the environment that has been created, very similar to that of public utilities and phone companies.
Table of ContentExecutive Summary1I. Introduction2II. Main Body1. History of British Airways22. Current strategic situation….42.1 Internal analysis42.2 External Analysis52.3 SWOT82.4. Current strategy93. Potential Strategic options124. Recommended strategic direction with rationale164.2 Strategy Evaluation175. Identification of critical success factors186. Performance measurement criteria197. Conclusion218. Bilbliography249. References24Executive SummaryThe main aim of this report is to undertake a review and analysis of British Airways. It is UK's leading airlines both at international and domestic level, with its operations spread over 300 destinations across the world. The report starts with a brief description of the company. Then the
The Airline Industry is in an interesting situation. Simply adding a low cost alternative is not enough in the industry. The Internet has made the power of buyers grow with the transparency of ticket prices. This is not something that will change any time soon. Because of this profitability is predominately reserved for low-cost yet distinctive carriers. No consumer wants to ride what they consider a “lesser” airline. Airlines need a way to distinguish themselves from one another while also acknowledging the increased power of buyers.
Global airline alliances in another issue included in Virgin’s external environment. Alliances benefit airlines in many ways as they enable them more market access, convergence of technologies and even help overcome legal barriers (Anon., 2009). One weakness for Virgin therefore is not being part of an alliance such as Oneworld Alliance (Anon., 2009), in order to take full advantage of its potential Virgin should look into adjusting their market strategy and look into joining an alliance, if not form its own.
British Airways (BA) is a company that encountered several difficulties back in the 1970’s and 1980’s. The poor performances of the organization, was leading the company to failure. BA was offering a service that even though it accomplished the mission of the company, was not providing customer satisfaction. The organization was not taking into consideration the needs of the costumer and was not providing an acceptable customer service experience. “Productivity at BA in the 1970s was strikingly bad, especially in contrast to other leading foreign airlines” (Jick, Peiperl, 2010, p.28). Due to numerous changes, the company increased their revenues and became a respectful and well know organization.
As the new president of the airline, Stephen’s first concern is to create a financially solid company since it is a common presumption for airline industries that maintenance costs rise with the age of aircrafts.
Neelman, understanding the next steps in growing the organization, brought together a highly skilled management team to run the company. Neelman providing the necessary strong leadership, along with the talented management team formulated clear operative goals and directions based on his vision. Decisions that were made emphasized the need to provide a better passenger experience such as choosing New York JFK as the home base of the airlines. Customer interaction (external environment) and employee satisfaction (internal) were the important factors in formulating the mission. The Mission statement included Safety, Caring and Integrity that can be attributed to the customers and the mission statement also included fun and passion that can be attributed to the employee satisfaction.
“The merger of the two operating airlines into one corporate entity has also enabled savings on operating costs such as Engineering and Ground Handling, Insurance and Catering. Employee costs have also been addressed through an integrated organization which enabled the Company to terminate the contracts of most expatriate staff and impose a hiring freeze on new appointments.”
Good [Morning/Afternoon] Senior Administration, parents, students, and of course my fellow 2017 graduates. We made it. We survived school. All seven hundred and ninety days of it. Every math test. Every QCS test. Every Assembly. We persevered, through the support of those around us. Whether we needed help on an assignment, or just somebody to talk to, we never needed to look further than the people in this room. To all of you, thank you.