Nobody downloaded yet

Present Position and Future Prospects of Lufthansa, Air France-KLM and IAG Airlines against the European Crisis - Research Paper Example

Comments (0) Cite this document
Summary
The paper "Present Position and Future Prospects of Lufthansa, Air France-KLM and IAG Airlines against the European Crisis" higlhights that the crisis has resulted in big losses for the organizations, which subsequently calls for significant restructuring and alignment of these organizations too…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Present Position and Future Prospects of Lufthansa, Air France-KLM and IAG Airlines against the European Crisis
Read TextPreview

Extract of sample "Present Position and Future Prospects of Lufthansa, Air France-KLM and IAG Airlines against the European Crisis"

Download file to see previous pages The three leading flag carriers in Europe, Lufthansa, Air France-KLM and IAG have been demonstrating high operating costs and failure of their short and medium haul flights. The project analyzes the present position and future prospects of these airlines against the European crisis which shook the industry to a considerable extent. Based on the past trends of performance, future performances are estimated for these three airlines and their comparative positions in the industry too. A comparative analysis of the airlines against emerging airlines in other parts of the world is also provided in the project (Bloomberg, 2012). Since the last decade the three major airlines in Europe, namely Lufthansa Group, IAG and Air France – KLM have all been demonstrating much better performance as compared to their American counterparts. They are showing much stronger growth while US Airlines have floundered and majorly filed for bankruptcy. However, the only major problem they are facing is on account of their own government strategies. One of these is on a macro level, which is the much-criticized scheme of carbon trading by the European Union. The UK government has levied some of the hardest taxes on the aviation industry. The airfare passenger duty in the UK is approaching £100 on certain tickets. However, it fundamentally does not consider adding capacity in London where it is most required. This issue would not have been very prominent if there was no competition. The low-cost carriers have grown stronger over the years. Although they are confronted with the same government issues, they have lower operating costs as compared to the legacy airlines and can make higher profits at lower fares (Alemanno, 2011, p.35).  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Present Position and Future Prospects of Lufthansa, Air France-KLM and Research Paper, n.d.)
Present Position and Future Prospects of Lufthansa, Air France-KLM and Research Paper. Retrieved from https://studentshare.org/macro-microeconomics/1455167-airline-business
(Present Position and Future Prospects of Lufthansa, Air France-KLM and Research Paper)
Present Position and Future Prospects of Lufthansa, Air France-KLM and Research Paper. https://studentshare.org/macro-microeconomics/1455167-airline-business.
“Present Position and Future Prospects of Lufthansa, Air France-KLM and Research Paper”, n.d. https://studentshare.org/macro-microeconomics/1455167-airline-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Present Position and Future Prospects of Lufthansa, Air France-KLM and IAG Airlines against the European Crisis

European crisis

...? European Crisis European crisis refers to the increasing budget deficit in the European s due todebt crisis. The crisis is most prominent in a few eurozone countries but its effects are being witnessed in the Europe as a whole. As the crisis is reaching a higher point, it is affecting countries other than the European countries as well. The following paper would take three recent articles into consideration which are somehow related to the European crisis and it would be evaluated how the concepts presented in the article relate to the...
3 Pages(750 words)Essay

Economic crisis in France

...? Economic crisis in France Contents Introduction 3 Performance of the French economy 3 The vulnerability of Peugeot and its degree of exposure to macroeconomic shocks 8 Strategy for Peugeot's company to manage uncontrollable macroeconomic shocks 9 Conclusion 11 References 12 Introduction There is a common misconception that developed countries like France or the members of the European Union remains unaffected by the economic crisis. Since the economic crisis has been termed as global it can be judged that countries like France had to undergo through economic downturn. The economies of the countries are interlinked and...
6 Pages(1500 words)Essay

Management of Change in Lufthansa Airlines

...Management of Change in Lufthansa Airlines The management of many businesses in the world is constantly put under pressure to perform and comply with ethical business practices while keeping abreast of new tendencies in competitiveness. It follows then that leaders of these businesses and their management teams must strive to formulate and implement new strategies that are geared towards delivering value to the stakeholders of their businesses (Conway and Monks, 2010, p. 193). Instituting changes or strategies involves several things like the creation of programs that are commonly referred to as change portfolio for delivering strategies (Strebel, 1996, p. 142). Secondly, there must be allocation and mobilisation of resources so... that...
8 Pages(1500 words)Essay

Future, past. present

...? Past, present and future of law enforcement Grade (12th, May. Past, present and future of law enforcement The criminal justice system of the United States consists of three components, namely law enforcement, courts and corrections (Roth, 2011). While the three components may act independently from each one another, they are interrelated in various aspects, considering that it is the law enforcement component of the criminal justice system that supplies the other two components with the subjects to act upon, while the courts are responsible for controlling the other two components. Therefore, this discussion seeks to analyze the past, present and...
5 Pages(1250 words)Essay

France and The European Union

...of the commitment to ever closer union had the effect of creating its own domestic rationale. From de Gaulle to Chirac, via, crucially, Franois Mitterrand, Europe has taken on its own momentum, in the guise of processes of 'Europeanization', as an opportunity for domestic reform and a crutch for apparently ailing traditional ideologies (socialism, communism) - but against a backdrop where 'Europe' continues to have low salience in the French electorate. Since the early 1950s, France has embarked on a process of Europeanization, thereby accepting the unacceptable: the primacy of EU law, the entanglement of European and French organizational structures,...
7 Pages(1750 words)Essay

The Future of airlines

.... The security concerns shown by many passengers and increasing surveillance by the security agencies not only mean scheduling delays but airlines are also facing a general increase in the overall discontent of the customers. What will be the future of airline industry and how it will shape itself into future is a big question for strategists as well as futurologists as the fast changing business environment envisages completely new and revolutionary changes into it. However, before discussing what changes may take place in airline industry as well as well as the individual business practices of different airline firms. This paper will...
10 Pages(2500 words)Essay

The European Airlines Industry

...have the power in their hands but deliveries of high-placed orders take several years to fulfill. Labour you unionized and they do have bargaining power. This is the reason the budget airlines keep minimum staff and have automated several processes. The airlines have the power to renegotiate the labour contracts. The prices of fuel are determined by market forces and geopolitical forces. Strategic alliances Mergers and consolidations have been taking place in the European airline industry. Several major airlines started forming their own budget airlines but subsequently gave it up. Some major airlines like...
9 Pages(2250 words)Essay

France Past Present and Future

...Lecturer: The Past, Present and Future of France France is situated in the western side of Europe.It borders the Mediterranean Sea and the Atlantic Ocean. It covers an area of 674,843km2, which is one of the largest nations in the European Union. It has a population of approximately sixty million. It has numerous territories in South America, the Caribbean and Indian Ocean.The whole territory of France including the overseas territories covers an area of.France is known as one of the most developed country in the world today with a rich history and a lot of aspirations for the future. The Past of...
5 Pages(1250 words)Research Paper

Air france internet marketing

...Air France internet marketing Question: How can campaigns be improved to increase overall value gained from investment with a search engine publisher? Air travel market has become increasingly competitive in the wake of increased globalization. Companies in this industry have an obligation to implement any international strategy that has the ability to increase their performance. With the recent advancements in technology, most of them are taking their advertisement campaigns to the internet where they believe they can win a large number of customers. The main aim in their campaign is to increase the performance of these companies and at the same time optimize the return on investments. Air France should come up with a strategy... that will...
1 Pages(250 words)Essay

Miles & More and Lufthansa Airlines

...customers even if they are satisfied with the facilities by other providers. However, with the gain of new customers, the company also has to focus on maintaining the reputation of the company and keep satisfying its customers to the level such that they remain loyal to the airline service provider (Schulze, 29). The Present Scenario and the Position of Lufthansa’s Miles & More: In the current scenario, three strategic alliances are controlling the airline market worldwide that include the Oneworld which is a strategic alliance between British Airways and American Airlines, the Star Alliance led by the alliance between...
15 Pages(3750 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Present Position and Future Prospects of Lufthansa, Air France-KLM and IAG Airlines against the European Crisis for FREE!

Contact Us