“Excellence in flight.” Three words. One mission. This is the reality of Korean Air, a Seoul-based, world class airline. Guided by their mantra of perseverance, Korean Air journeyed far from its founding and initial failure in the 1960’s. Today, it commands the skies with a fleet of over 140 modern planes servicing 122 destinations in over 40 countries (“Korea Air”). Yet, its beginning differs greatly from the status quo.
In reality, the airline was founded by Choong-Hoon Cho in 1945 as a trucking company to service US military outposts in South Korea. In 1960, the South Korean government nationalized the company and [out of national security concerns] attempted transforming it into an airline, dubbing it the Korean National Airline. Unable to compete and garnering little air traffic demand, the government scheme ultimately failed and by 1962, the government invited Cho to restructure the airline. Commending his success in turning the bankrupt company around, the government returned control of the KNA to Cho in 1969. To commemorate his acquisition, Cho renamed the corporation Korea Air Lines Co ("Korean Air Lines Co., Ltd. History").
Reasonably, the airline struggled to spur demand in the 1970’s. For one, the South Korean government restricted Korean civilian travel abroad and domestically. Additionally, the Soviet Union, out of Cold war animosity, barred Korea Air Lines from flying in Soviet airspace, limiting its ability to offer flights to Europe. As a result, the company focused on cargo and international flights to the US. To maximize its profits, Korea Air Lines engaged in two upgrade efforts: a full computerization of the company’s operations and entrance into the Korean defense aerospace industry, becoming the first Kor...
... middle of paper ...
...-in-czech-airlines-384533>.
"Korean Air Lines Co., Ltd. History." History of Korean Air Lines Co., Ltd. – FundingUniverse.
Funding Universe, n.d. Web. 18 Sept. 2013.
.
"Korean Air Lines Fleet Details and History." Planespotters.net Just Aviation. N.p., n.d. Web.
02 Oct. 2013. .
"Our Flight." Korean Air Americas. Korean Air, n.d. Web. 2 Oct. 2013.
.
Shim, Firadus H. "Korean Air Eyes Hong Kong and China for Business Aviation Wing." Korean
Air Eyes Hong Kong and China for Business Aviation Wing. Flight International, 7 Mar.
2013. Web. 18 Sept. 2013. .
The objective of this research report is to provide a thorough analysis of Alaska Airlines. In order to do this we chose to compare a similar company against them. The company in comparison is Spirit Airlines. Both companies compete in the same type of business through airline transportation. Many of their services include; security, safety, transportation of passengers as well as luggage, ensuring vehicle safety while in transit, concierge services, providing entertainment aboard plane, checking weather conditions prior to flight, and much more. All of the data gathered for this report was obtained from the company’s 10-k filings with the SEC.
In this article I will analyze the Korean People’s Army which represents the military forces of the Democratic Peoples Republic of Korea. The Korean People’s Army is composed of 5 branches, Korean People’s Army Ground Force, Korean People’s Navy, Korean People’s Air force, strategic rocket force, and North Korean Special Operation Force. In this paper I will look at the big three: Korean People’s Army Ground Force, Korean People’s Navy, and Korean People’s Air force. I will talk about the force strength and some of the equipment that each brings to the fight.
Song airline was a low cost carrier subsidiary of Delta airlines that started in 2003. It was formed to compete with JetBlue and other low cost airlines for the Florida market. The market environment at the time of the case was extremely difficult with the rising costs of fuel, increasing security requirements after 9/11 and customers' expectations of lower fares. It has forced many big players in the airline industry into bankruptcy. The operational costs which include gate fees, ground operational costs etc. were increasing causing even more problems for the airlines. The fares in the Florida route were decreasing while the costs were ever increasing making it difficult to remain operational in that space.
Back in the 1920’s when commercial aviation was a fairly new technology it was a slow business. In the 1930’s, the DC-3 was introduced and the airline industry started to become more profitable. The original DC-1 and its successor the DC-2 were both well known planes during their times. Since Douglas was well known for their prowess in engineering, American A...
...ry long and successful history in the airlines industry, which makes it one of the leading airlines in the world. Also, it provides the most comfortable flights and services to its costumers and employees, which makes it unique.
In the airline industry, Southwest Airlines is considered a true innovator. By shaking up the rules of flying and improving upon inefficient industry norms, Southwest has quickly grown by leaps and bounds. From the very start, Southwest Airlines' goals were to make a profit, achieve job security for every employee, and make flying affordable for more people (Southwest,2007). Southwest has not strayed from these goals. It does not buy huge aircrafts, fly international routes or try to go head to head with the major carriers; and thanks to a great planning, Southwest airlines has become the most successful airline company in the U.S., if not the world.
“To be the best airlines in whole world and providing excellent customer experience in our flights with full entertainment and loads of satisfaction.”
Kingfisher Airlines (KFA) was founded by Vijay Malaya and he is the chairman of United Breweries group (UB group) in the year 2003. Its first airplane was launched from Mumbai to Delhi in 9th may 2005. It started as a premium business class airline company. The airlines have a tag line “Fly the good times”. At the launch of airline, Vijay Malaya said “we are committed to achieving our ambition of making Kingfisher Airlines, India’s largest private airline both in capacity and market share. The airline ushered in a new era of luxury in India’s domestic aviation sector and its brand new aircraft with stylish red interiors, and smartly dressed crew and ground staff. Kingfisher was the first Indian airline to have in-flight entertainment (IFE) systems”. (Malaya, 2005). Kingfisher airlines are one of the seven airlines which were awarded the rating of five stars by skytrax. It operates 400 flights daily including the regional and international services. In 2009 it gave the highest market share in Indian airlines industries, carrying more than 1 million passengers. The main mistake was lack of understanding of customer requirements and luxurious facilities in airlines. Organizations focus on reducing costs and usually just CEO’S and top level managers prefer business class travel. Rest of the staff mostly travels by economy class. Moreover, buying most expensive business class tickets doesn’t go down well, when seniors aim to project the image of walking the talk. Secondly, the company is facing financial crisis since Mid-2008. After merging with Air Deccan in 2007, it is a low-cost airlines, provides minimum frills to customers at reasonable rates. Th...
Flight fee is one of the biggest nightmares of the passenger. In this regard, such an initiative is a win-win situation for the Asiana airlines. The establishment of extensive cabin retrofits is also a great improvement to the customer service delivery. The airline also boosts customer experience in a bid to achieve the airline’s sustainability through the provision of lie-flat seats. The seats boost comfort for the passengers aboard; hence, reduction of exhaustion. According to Asian Development Bank (2009), the airline provides the passengers with a sizeable monitor, especially for the business class passengers. The practical productivity of team relies on upon its hypothetical planning, information of an aeronautical building, and tenets of its operation, including exceptional circumstances, and propensities for utilization of this learning, furthermore on order and determination of pilot-in-charge of aircraft and group individuals. The administration productivity air movement, the associations of flight action and a wide range of upkeep of aircraft in the greatest degree is controlled by the proficiency of the action association in the modern undertakings, cognizance of initiators, and the moral obligation of leaders of all positions for action concerning security control of
In the 1990s, Emirates airlines began to expand its route network to various international destinations including Paris, Rome, Zürich, and Jakarta. With the advancement in aeronautical engineering, long haul flights became more frequent which lead to the airline's route expansion and earned it the name, “finest in the sky”. By 1994, the airline had 4000 employees and netted a profit of about 24 million dollars (The Emirates Story).
Air India airline is one of the biggest airline in the India. It was established by the famous company TATA and since its incorporation. It has grown very well and has spread all over the world in the different destinations. It has become the reputable brand in the airline industry with having the operations over 152 destinations. It has link up connection in the 35 countries and it has currently having 137 fleets. This company becomes the public limited company in the 1946. The company has international and the local route and its performance is increasing day by day with the pace of the good growth as compare to the other airlines in the industries in the area and the channels in which this airline is working.
AirAsia Berhad is a Malaysian low-cost airline based in Kuala Lumpur, Malaysia. It has been named as the world's best low-cost airline, and a pioneer of low-cost travel in Asia. AirAsia group operates scheduled domestic and international flights to 100 destinations across 22 countries. AirAsia has risen exponentially since its purchase in 2001, as a result of its confluence of opportunity and its application of the Low-Cost Carrier business model (Poon & Waring, 2010).
Singapore Airlines (SIA) was created in 1972 and was fully state owned. The company expanded rapidly, and with a strategy of concentrating on customer needs by providing exceptional in-flight service, the airline quickly became a noteworthy competitor in the market. During its formative period in the 1970s, SIA developed all the hallmarks that made it one of the most successful and consistently profitable airlines in the world. Through a constant investment in personnel skills and other sources, the company has achieved a sustainable competitive advantage, as well as a reputation for classy elegance.
Evolution of airline industry in India:- Civil aviation took its roots in India in December 1912 with the launch of the first domestic air route between Delhi and Karachi. In 1915, first Indian airline Tata Sons Ltd, initiated a regular airmail service between Karachi and Chennai. In 1953, the government nationalized the airlines industry, by enacting the Air Corporation Act. Subsequently, assets of nine existing airline companies were transferred to two new corporations - Air India International and Indian Airlines - creating a monopoly that perpetuated right up to 1993. In 1994, with the repeal of the Air Corporations Act, private carriers like Jet Airways were permitted to operate scheduled services, subject to fulfillment of certain criteria. However, some operators could not sustain and exited the business in 1997. The operating environment of the domestic airline industry underwent a substantial change between 1997-98 and 2011-12.
The Singapore Airlines needs to keep its superiority and stay on top of the competition in the international market, despite the bad times associated with a global economy or strategies implemented by main competitors.