In: Finance
what are prioritized list based on the SWOT analysis on airline industry strengths to exploit weaknesses. it should have supporting rationale
Strenght
Providimg air travel itself is a steong point.Though it is having overtime travel is growing but increse in a propensity of flight.All the staff are highly trained,expiriance piolet and helping ground staff.Make sure that air travel is fast and safe as it is important to keep travellers safe.Brand recognization of airline and new low cost carrier share tjis strenght.
Weakness
Very high spolige rate when we compare to other travelling service and also empty seats creates low revenue produced. This industry require high capital and also investment also gone worse from planning.Large workforce and connecting large geographical area.All monotoring and connection with planes.
Opportunities
It offers expansion of both leisure and business destination.This is truely international destination.Having new advacnce technology that provide cost deduction and automated process.With the use of internet the system has given customer more userfriendly feel.
Threat
A economic dounturn effects adversly leisure,optional travel as well as business travel.The fuel price is growing that is very much difficult to run.Upward stike can be destabalizing the business model.A plague terrorrist atteck lows the trust in the world.