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The following essay is about SE315 Aerospace Industries: Factors on Airline Business. Describe if students identified the main political, economic, social, technological and environmental issues related to the selected Airline?
Firstly, PESTE Analysis |
Have students identified the main political, economic, social, technological. Besides, environmental issues related to the selected Airline?
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Secondly, Analysis of possible future trends |
Has Students identified what plans or actions the selected airline can adopt to overcome the turbulent times. Also, those influencing factors such as Fuel Hedging and competitive operating costs.
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Thirdly, Conclusions /Recommendation |
Are conclusions valid?
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Finally, Examples used |
Has students presented relevant info on chosen airline?
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SE315 Aerospace Industries:
Firstly, Assessment of product and marketing strategy |
Students should have identified as many of following; 1. Firstly, Product/brand Equity 2. Secondly, Marketing channels. Also, advertising, internet, newspapers. 3. Thirdly, Competitors 4. Fifthly, Frequent flyer program
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Besides, SE315 Aerospace Industries: |
Secondly, Assessment of success of marketing strategy |
Firstly, Has students identified why PAX chose this airline? Secondly, What is unique selling point of this airline? Thirdly, What stage of product life cycle is airline’s product at? Finally, Has students critically reviewed how successful airline is at marketing their product. For example, did it affect PAX loads positive/negative and were they satisfied? |
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Conclusions |
Are conclusions valid? |
3. Financial Assessment
Students should have researched finance status of airline Firstly, Has airline made profit over last two years? Secondly, Has airline’s operating expenses increased over last few years? Thirdly, Has students analyzed yield management, operating margin, aircraft utilization, load factors. Hence, Profitability and Liquidity Ratios? Fourthly, Did the students used examples of other airlines? Fifthly, Has students discussed airline’s fleet newness factor. Thus, maintenance costs trends as discussed in class? Finally, Has students discussed other revenue streams for airline? |
Thus,
SE315 Aerospace Industries: |
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Finally, | Besides, |
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