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Airlines Business Models

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Porter Airlines business model

Posted by on December 21, 2013 – 11:25 am

Porter Airlines business model

If you don’t know Bob Deluce, then you haven’t flown on one of his planes. When the CEO of Porter Airlines takes one of his regular strolls through Billy Bishop Toronto City Airport, Porter’s corporate headquarters and operations hub located on an island just off the Toronto waterfront, everyone recognizes him. Passengers reach out to say hello, as do his staff. One attractive flight attendant, dressed in Porter’s sleek navy shift dress, scarf and pillbox hat—a uniform that radiates Mad Men–style sex appeal—sidles over to say hello. She doesn’t…

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Airline business models Definition

Posted by on January 23, 2014 – 02:36 pm

Airline business models Definition

The path from passion to profits: happiness is the consistent theme Happiness in business starts with passion We spend most of our waking lives at work. It’s a big part of who we are, so it’s important that however we’re earning a living, we’re enjoying what we do. By finding and following your passion, you’ll help to give your life real meaning and your business its mojo. The path to a profitable business starts with recognising where your passion lies. And don’t just think ‘what do I enjoy?’, but rather ‘which problems do I see that need addressing…

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Business model Benchmarking

Posted by on December 15, 2013 – 06:12 am

Business model Benchmarking

Innovation is one of the main drivers of economic growth, but the OECD ranks New Zealand as a poor performer in this regard. Based on factors like R&D and the level of collaboration between universities and businesses, our country is badly placed (23rd out of 30 countries). One of the principal reasons is local institutions simply do not work together to extract the potential and creativity of researchers and entrepreneurs. The few resources available to New Zealand businesses for innovation capital are aimed mainly at manufacturing products…

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Business requirements Modeling example

Posted by on January 20, 2014 – 10:58 am

Business requirements Modeling example

In this article, we will look at the different aspects of the requirements management process and the lifecycle of requirements. Definition of a Requirement A more precise definition is provided by the I Glossary of Software Engineering Terminology and the Business Analysis Body of Knowledge® (BABOK®). Both define a requirement as a condition or capability needed by a user to solve a problem or achieve an objective. condition or capability that must be met or possessed by a system or system component to satisfy a contract, standard, specification…

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Southwest Airlines business model innovation

Posted by on March 24, 2014 – 08:29 am

Southwest Airlines business model innovation

DocAmazing, When I tried booking a flight to the East Coast a few weeks ago, United Airlines quoted me a round-trip fare of approximately $300. Alas I procrastinated, only to learn that the price of the airfare had risen two to three fold. The major airlines had switched from a 14-day advance policy to a 21-day advance policy in the interim. I viewed my travel as an elastic good: I would have sooner canceled the trip than pay those outrageous fares. Fortunately, some wily entrepreneurs had created some websites such as priceline.com, cheaptickets.com…

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Airline business Process Modeling

Posted by on February 22, 2014 – 08:09 am

Airline business Process Modeling

To pare down their colossal operating costs, giant U.S. and European carriers must restructure the hub-and-spoke system and eliminate complexity. Since the 1970s, traditional market leaders in industry after industry, saddled with complex, high-cost business models, have been under attack by companies with new, simpler ways to manage their operations and contain costs. Illustration by Peter Kramer This scenario occurred in the steel industry when minimills took on traditional smelters; in automobile manufacturing when more standardized Japanese…

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Different types of airline business models

Posted by on November 9, 2013 – 06:48 am

Different types of airline business models

Frontier Airlines (2nd) (Denver) is following in the footsteps of Allegiant Air (Las Vegas) and Spirit Airlines (Fort Lauderdale/Hollywood). The company has announced a new business model which charges a very low base fare but offers a lot of choices to the passengers for additional services (and charges). This style was pioneered by Ryanair (Dublin). The company issued this statement: Frontier Airlines has announced it has lowered fares and simplified its fare structure by offering only two types of fare options – Economy and Classic Plus – effective…

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Business model Accounting practices

Posted by on March 15, 2014 – 01:59 pm

Business model Accounting practices

I have money at Fidelity myself. However, a few caveats. Don t keep all your eggs in one basket. I have money in a savings and checking account at Chase, an IRA and brokerage account at Vanguard, an IRA and brokerage account at Fidelity, and a 401K at work. In this day and age when financial institutions engage in risky behavior and are not quite the model of the sound accounting practices they re supposed to be, it helps to spread your money around a bit. If you know nothing about investing, you might want to get Investing for Dummies. Despite…

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