Introduction Webjet Limited is major travel agencies of the New Zealand and Australia which provides various online services to the customers. The services provided by the Webjet includes ➢ Flight Booking (Domestic and International) ➢ Hotel Accommodation (Both Domestic and International) ➢ Holiday Package deals. (Both Domestic and International) ➢ Car Hire Service i.e.renting a cab (worldwide). ➢ Travel Insurance for the customers and the passengers travelling The founders of Webjet Limited are David Clarke, John Lemis and Allan Nahum. The head office of the company is located in Melbourne, Australia. The company was founded in the year 1988 and the same was listed in the Australian Stock exchange in the year 2000 through a reverse take-over deal with Roper river resources New Zealand. In between 2007 and 2010 the Webjet.com had been ranked as the most visited website by HITWISE TRAVEL AGENCIES. One of the major competitor of Webjet Limited in the recent years is Wotif.com which is an Australian Based website providing online services to the customers which is in similar to services rendered by Webjet. The head office of Wotif.com is located in Milton, Queensland. Overview of the Company’s Operation for the year ended 2013 Webjet Limited and Wotif Limited are into the same line of business. The major areas of comparison will be from the financial statement of both the companies for the year 2012 and 2013. For the year 2013 Webjet Limited has shown a net profit before tax to the tune of $ 11.40 million as compared to the last year profit of $ 19.30 million. Further, the net profit after tax of the company is $ 6.5 million in 2013 as against the $13.6 million in the previous year 2012. Despite of the decline in the profit the ... ... middle of paper ... ...sed 2014). Wikipedia. WebJet. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&ved=0CFgQFjAE&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWebjet&ei=Tt18U4PiGMjorAe_oIHwDg&usg=AFQjCNFBDyXiaoYUGtANETzuBogZiWjgyw&sig2=sudMwWYkFQXtTaJVWdOPnw&bvm=bv.67229260,d (accessed 2014). —. WotIf. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0CG4QFjAK&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWotif.com&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNHbs7sSCk4XEUDKnWiFxYkGSK0ivA&sig2=tBKaTXQqcP_xJ7buFeCi3Q&bvm=bv.672292 (accessed 2014). Wotif. Wotif.com. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDwQFjAA&url=http%3A%2F%2Fwww.wotif.com%2F%3Fcountry%3DIN&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNEsxfnwYLisEMI2fJwRsUpUyW3TXA&sig2=tRyVBs1eIaIUFKtz72HaKw&bvm=bv.67229260,d. (accessed 2014).
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.
This report includes financial analysis of retail company ‘’Sainsbury’s’’, one of the biggest retail companies in the United Kingdom .The report examines the financial health of the business and evaluates the business performance by summarising the financial performance and applying financial ratios to further analyse the business’ financial . The financial analysis is displayed by analysing the information gathered from website ‘‘companies’ house’’. All the taken information contains income statements, cash flow statements and balance sheets. By the end of this report, a clear understanding of ‘Sainsbury’s’ financial analysis will be made, so that viable investment decision could be made accurately.
Overall this research in the business and financial performance of WHSmith plc, this report figure out their performance and position is improving every year. The company is doing very well to achieve its corporate objectives and that’s what is giving them more sales in every year and hence the company is becoming more profitable. If look at the ratio analysis in the above section, can easily see that the companies most of the ratios are improving and they are getting ever stronger than before in both financial terms and as a
To collect relevant data, the annual percentage change in net income per common share diluted, net income/net revenues, the major income statement accounts to net revenues, return on stockholders’ equity, the price/earnings (P/E) ratio, and the book values per share for each year numbers were examined. In order for Sun Microsystems to see a greater return in its bottom line assets, it must consider an alternative approach in operating its organization.
British Airways produced a pre-tax profit of £225 million. This is £355 million less than in 1998 which illustrates the decline in demand for British Airways services. Although this decline in profits of 61% seems unacceptable it was caused by a variety of abnormal expenses. For example the company spent £35 million on computer systems to ensure that they are “year 2000 compliant”. British Airways also entered the low cost air travel market during the year with the launch of “Go”, which is running at a loss as it tries to establish itself in a highly competitive business environment.
Cash flow throughout the company is broken up into cash generated by operating activities, financing activities, and investing activities. A company’s operating activities are typically what generates more cash and that stays true for J.B. Hunt. J.B. Hunt generated $873 million in 2015, a $226 million increase from the $647 million amount earned in 2014 (10-k, 22). This large increase occurred due to a few occurrences over the year. Over the year, J.B. Hunt had an increase in their earnings and they also collected much of their trade and income tax receivables (10-k, 22). Due to these primary reasons, J.B. Hunt generated more cash from operating activities during 2015. Compared to the amount of cash generated by the operating activities of
Over the past few years, cruise ships visiting New Zealand has grown drastically. Between 2014-2015 alone, the cruise sector was worth $436 million in value to the New Zealand forecast. This is predicted to grow to a whopping $543 million between 2015-2016. As the cruise ships entering New Zealand are getting bigger and there are more coming, the New Zealand cruise industry will be growing, as well as providing adequate infrastructure. Making these continuous changes is going to have many positive and negative impacts on the country and its residents.
1) With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency? Note that while the electronic version of Exhibit 6 automates some of the comparisons, you will probably want to dig further into them?
In conclusion, various inferences can be made from the above analysis of British Airways operations:
JetBlue Airways Corporation is a premier non-union airline headquartered in Long Island City of New York, and operating out of John. F. Kennedy airport as its primary base. Several of their initial employees, including founder David Neeleman, were former employees of Southwest Airlines. They brought the low-cost flying experience from their former workplace, but married it to better array of amenities. That helped JetBlue carve a unique identity which competed with major carriers for customer service and rivaled low-cost carriers on price points.
WestJet Airlines Ltd is a Canadian low-cost carrier based in Calgary, Alberta, that flies to most major cities in Canada and 11 cities in the United States. WestJet is the second-largest Canadian carrier behind Air Canada . The company's personality can be illustrated by its organizational structure, culture, values and the communication with the public and its employees.
Tourism New Zealand was established to market New Zealand as a visitor destination overseas for the long-term benefit of New Zealand for the year 2009-2010.
JetBlue needs to increase their liquidity to be closer to equal standing with Southwest. Operationally, JetBlue needs to decrease cost and increase asset turnover and utilization. Their focus would shift from profits and losses to improving liquidity while maintaining the current market share. Over the next five years, JetBlue can spend money on recruiting and training to help increase their efficiency and reduce the cost of operations. Measuring tools such as asset turnover and asset utilization can be used to determine if the company is being sufficiently efficient. Liquidity measuring tools such as the current ratio and the quick ratio can be used to determine how much ground they are making up on Southwest. JetBlue expects to increase their liquidity by paying off debt over the next five years to be closer in standing to Southwest. In addition, JetBlue expects to increase their efficiency and asset utilization to prepare for the increased capacity of flight upon merging with Southwest. Upon merging, both companies would expect results including benefit from economies of scale and scope, and reduction in operating costs or capital investments, thus
In this two-year period, gross sales had a 17% increase while COGS increased by about 21%. If this rate keeps up, Guna can be sure to have a negative net profit in the coming years. So, despite their growth in sales from 2010 to 2011, Guna’s net profit decreased by an almost 30%. That is a significant drop relative to their increase in sales. By looking at the net profit as a percentage of sales, in 2011 the net profit was only 3% of sales as compared to about 6% in 2010. This should be a big concern and a cause for
Jet Airways is a Mumbai based airline which was incorporated as a limited liability company in April’92. In May’94, all the shares were transferred to Tailwinds International co-held by Naresh Goyal (60%), Gulf Air (20%), and Kuwait Airways (20%). In Oct’97, as result of change in civil aviation policy, forbidding foreign investment in passenger airlines, Goyal took control of the entire company.