Why a Private Jet is Good for Doing Business
According to Forbes magazine, Warren Buffet criticized private air travel until his company bought a corporate jet. Afterwards, he famously stated that he wanted to be buried with the company’s jet. As explained below, there are many tangible business benefits to utilizing private jets. http://www.forbes.com/sites/davidewalt/2013/02/13/thirty-amazing-facts-about-private-jets/ Less Time Waiting
Security restrictions are becoming stricter and more people prefer flying for the convenience. Therefore, airport wait times are becoming longer. However, small jets only need a limited runway for takeoff and staff for operations. Even more important, smaller airports greatly outnumber the large ones. While they may not be famous, the services and amenities at smaller airports are good enough for most business people. As a result of using a small airport, business people will not have to travel as far to go through a congested major airport. Thus, business guests and travelers will not have to deal with long lines and confrontational TSA employees. In fact, a private jet means that check-in and
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As a result, layovers are quite common and waste air travelers’ time. However, private jets that travel between smaller airports can simply directly fly to their destination, so this saves an enormous amount of time. In addition to this, private jets are small and faster. Thus, they can climb faster than large airplanes to avoid bad weather and enjoy better winds. Keep in mind that almost all commercial airplanes fly at approximately 35,000 feet. Thus, air traffic controllers must constantly monitor and correct air flight schedules. However, small jets fly above the regular traffic, so their routes are more direct and faster. In a way, the exclusive flight zone of private jets is like highway commuter lanes that allow travelers to avoid congestion and
The airline industry has long attempted to segment the air travel market in order to effectively target its constituents. The classic airline model consists of First Class, Business Class and Economy, and the demographics that make up the classes have both similarities and differences to the other classes. For instance, there may be similarities between business class travellers on a particular flight, but they will not all be travelling for the same reason. An almost-universal characteristic of air travel is that customers do not fly for the sake of flying; the destination is the important element and the travel is a by-product, a means-to-an-end that involves the necessity of an aircraft that gets the customer from point A to point B. Because the reasons can differ greatly in the motivations for a customer wanting to fly, it can be difficult to divide the market into discrete segments, that is, there is always going to be overlap in the preferences and characteristics of any given segment. With that in mind, the commonalities that are shared between the clientele that make up the respective classes can easily withstand analysis.
You know the feeling you get when you look at the person dressed in the same designer outfit next to you, knowing you paid half as much for it? Choose jetBlue and that exceptional feeling will come right back to you. Operating as a safe, reliable, value-added airline focused on customer service and high quality travel, jetBlue’s prized mission is to compete as a low cost carrier while integrating great customer service. Do not be fooled by their low prices and operational efficiency, though. From leather seating to their customer bill of rights, from courteous flight crews to entertainment consoles, jetBlue offers inexpensive, stylish service unlike other contenders.
JetBlue's mission is "to bring humanity back to air travel". Its low-cost strategy is second-to-none, not even to Southwest. Utilizing Southwest as a model and benchmark early in Neeleman's career in the industry, he's managed to copy the Southwest model and expand upon it with his ability to find more innovative ways to cut costs along the organization's value-chain, while utilizing technology to increase productivity and further add to operational efficiencies. JetBlue's value chain demonstrates its ability to successfully compete in several key areas relative to the bases of competition within the industry and creates processes that focus on reducing costs, for the specific purpose of continuously creating value for its customers, i.e. fare pricing, customer service, routes served, flight schedules, types of aircraft, safety record and reputation, in-flight entertainment systems and frequent flyer programs.
JetBlue's management has numerous years of airline industry experience. The team members have catered to customers, they've been customers, and they have extensive backgrounds on what it takes to be successful in the industry.
Operating an air - express transportation industry requires large capital investments, and therefore it can impede the entry of new firms into the industry. For one, Airborne has already its own set of aircrafts and even operate its own airport, and it would be hard for a new firm to compete with this.
Due to the increased use of the internet, it is becoming more and more easier to book online. This allows customers to book flights easier and increase Jet2’s revenue. Revenue is increased through not having to deliver or post tickets out to its customers, in comparison with other non-internet based airlines. It is believed that over 97% of Jet2’s customers book online, which further highlights Jet2’s emphasis on online bookings.
At one point—when cars remained extremely popular—airplane was faster yet more expensive form of travel. Yet when the United States becomes an automobile-less society this would no longer be the case. No longer could one drive an hour down the road to visit family by impulse, it would require planning for tickets and other fees. However, since plane is one of the only traveling opportunities prices surely would decrease from their once inflated
The main opportunities that the scheduled air transportation will have in the next five years are the possible decrease of TSA agents at airports, technology increasing the safety and comfort of the flights for the passengers and the more availability of flights for the consumers to choose from limited airlines.... ... middle of paper ... ... Dixit, A. (2000).
With regard to product, JetBlue is cornering the marketplace with its productivity, in-flight features, and customer service. Due to the fact that the company only purchases new planes of a single type, maintenance downtime is reduced and it is able to keep its planes in the air. In fact, JetBlue maintains the highest in-air average in the industry. Additionally, JetBlue employs an "operational recovery tool" technology that allows planners to minimize flight cancellations and delays. On board, JetBlue prides itself on treating all customers as equals and providing more comfort than other airlines.
Let’s start with why have the flight delays increased so much since 1978.It all seemed like a
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...d these needs. But the customer preference keeps changing and for example the customers might expect to have internet connection during the flight in order to finish their work related tasks. By having a customer study group constantly analyzing the customer needs and modifying the operating procedures to match with the needs, JetBlue can align itself to the external environment effectively. During the initial stages, all the employees were happy and identified themselves with the company culture since it was a nice challenge and fun to start from scratch and build a new airline during tough times. By effectively promoting team work and managing the employees in small teams, JetBlue can instill the small company thinking in the employees and continue to create a positive environment for the employees.
Flying in a private jet for the first time, whether for business or pleasure, can be both an exciting and daunting experience. There are no longer any delayed or long, connecting flights, uncomfortable seating and annoying passengers you have to deal with, making the skies literally yours. This is especially advantageous for those who value their privacy and convenience when travelling.
International airlines are greatly affected by trade relations that their country has with others. Unless governments of the two countries trade with each other, there could be restrictions of flying into particular area leading to a loss of potential air traffic (e.g. Pakistan & India)