Emirates has a strong Backing of Dubai Govt 2. 16). Another approach is the improvement of employee productivity with the help of enhanced training sessions. 1). The aviation industry suffers from a range of political and economic obstacles and challenges today, and much attention should be paid to the strategy followed by Emirates to compete in the market. You are free to use it for research and reference purposes in order to write your own paper; however, you must. ... such as leadership, continuous improvement, Stakeholder Involvement, 2. In this context, Emirates depends not only on the changes in the national economy but also on changes in the global markets and aviation industry (Rahman, Azad, and Mostari 25). However, the level of benefits remains to be high in the region and corresponding with the social policies in the UAE. The database is updated daily, so anyone can easily find a relevant essay example. The company has one of the largest fleets in the industry, and it focuses on applying the latest technologies to its development. Emirates is a popular airline that is based out in Dubai. The customer loyalty depends on the fact that Emirates provides the most customer-friendly services in the industry with the high responsiveness while allowing easy check-ins and other advantages of the e-ticketing system and comfortable lounges (The Emirates Group 3). Polar Bear, Polar Bear, What Do You Hear? Emirates SWOT Analysis Emirates Strengths Below are the Strengths in the SWOT Analysis of Emirates: 1. professional specifically for you? 10 Oct. 2015. Competitor Analysis The competitors of Emirates Airline are the all other airlines from UAE. We utilize security vendors that protect and For Emirates it is very important to systematically and continuously check the implementation of plans, monitor all the events that take place inside and outside the company in all situations. Emirates Airlines has benefited from the strategic alliance with Qantas, which has assisted in spurring tourism in Dubai, primarily through the partnership. The positive consequences of this process are the creation of the more open airline industry and more possibilities for increasing the competitive advantage globally. It is an international airline which is based in Dubai. Essays, Term Papers & Research Papers. Thus, today Emirates is the widely known brand that has a feature of adapting to the market needs. The Porter’s Fiver Forces analysis is important to study how specific features of the industry’s development can be used to increase the competitive advantage of Emirates. About Emirates Airlines : Emirates founded in 1985, is a Dubai (UAE) based global airline with operations in more than 81 countries serving 155 airports and boasting a fleet … Strong hub in Dubai gives access to Emirates airlines across Europe and Asia 4. 7 Includes staff of Emirates, dnata and Emirates flight catering (EKfc) in dubai (48,802), Emirates Group’s 12 largest outstations by headcount (1,523), 26 Emirates airport lounges ex-dubai (356) and Alpha flight Group Ltd (exactly 4,000), as of 31 March 2012. London: Oxford Business Group Publishing, 2014. High prices for tickets make customers choose the alternative variants of transportation. These are Air France and Lufthansa. Unfortunately, your browser is too old to work on this site. Emirates operates in the airline industry while proposing the high-quality and even luxury services. This paper provides a full strategic appraisal of Emirates Airlines. the first success factor of emirates airlines in The core element of quality management is customer implementing TQM is the high quality of service. The main problem is the possible inappropriateness of the current management and marketing strategies to address the needs of customers in the rapidly changing political and economic environments. Read More Stakeholder Analysis: Lockheed Martin Corporation Table of Contents Introduction Description of Emirates Airlines System Customers, suppliers, stakeholders, competitors, and regulatory authorities of Emirates Airlines Conclusion Refrences Introduction Follows a fluid approach to strategy They didn’t agree with the classic The company further develops the course for expanding the markets. ... statistical analysis. However, today trade opportunities for airlines are rather limited because different nations all over the globe changed their courses regarding relations within the aviation sector due to the complicated political situation. PDF file. The Emirates Group is composed of Emirates Airlines, airport services provider the Dubai National Air Transport Association (DNATA), other transportation-related activities, and a hotel group. Technologies LLC, a company registered in Wyoming, USA. It was established during the year 1985 and is headquartered in Dubai, UAE. Thus, 60% of the company’s costs are associated with investing into the research and development department (The Emirates Group 4). (2019, June 10). Emirates is remaining their … The company differentiates in the market developing the close relations with suppliers of aircrafts, including Boeing, and it is concentrated on building the high-quality infrastructure while investing in airports and additional services. Therefore, depending on the political situation in the region, Emirates had to change their business course, review activities according to recent trends in the open skies policy, and refer to the support of the Government of Dubai (“Emirates Home” par. Emirates is the largest airline in the UAE that operates in more than 70 countries all over the globe. The airline develops the competitive advantage focusing on the independent positioning in the market to prevent the dependence on the alliance partners (“Emirates Home” par. The current financial situation in the region also affected the progress of the company, and it had to review its industry for the following fiscal year. Emirates Airline Overview. The Emirates Group Annual Report 2019-2020 - Download PDF (14.5 MB) (Opens a PDF in a new window) Emirates Annual Report 2018-2019 Emirates Annual Report 2018-19 IvyPanda, 10 June 2019, ivypanda.com/essays/strategic-management-project-emirates-airlines/. Emirates does not participate in airline alliances at the global level because of the specifics of their strategy. More than 250, 000 Australian who visited Dubai this year, reflect the coverage and convergence of both networks of the airline. Satisfied Customer and Preferred Airline of Customers. Emirates Airline is one-hundred percent owned by the Dubai government and therefore this government is the main stakeholder (Melly 2013, p. 18). To guarantee the effective long-term performance, Emirates needs to address the increasing competition within the market and the negative impacts of political and economic factors. Environmental laws also influenced policies of Emirates regarding the waste management and decreases in the water and energy consumption. The level of these stakeholders’ impact on the strategic progress of Emirates is different. If the significant fluctuations in the oil prices and changes in the financial markets are expected, the aviation industry in the UAE is at risk of having high losses because the currently followed strategy is oriented to the context of the rapidly developing economy. This report presents strategic analysis for Emirates Airlines. Abstraction. The competitive advantage in Emirates is based on traditional four blocks: Efficiency is guaranteed through following developed recruitment and compensation policies oriented to decreasing labor costs. Clients have opportunities to use private suites and entertainment systems on board. As a result, the company allows hiring employees with diverse backgrounds and spends more attention to spending resources on their training rather than compensation (Nataraja and Al-Aali 474). It has approximately 56,725 employees and I feel proud to tell that I was one of them. “A Competitive Analysis of Airline Industry: A Case Study on Biman Bangladesh Airlines.” Journal of Business and Management 17.4 (2015): 23-33. 10 June. Therefore, the company actively uses the latest innovations in the field, and the focus is on new technologies to support operations of the company globally. Oxford Business Group. View shareholder information like dividend history, agm details, latest accomplishments, financial highlights and expert analysis of the region’s largest bank in terms assets - Emirates NBD Bank. In a bid to achieve long-term business success, the airline must improve its commitment to establishing a balance between its internal and external environments. The Total Money Makeover: A Proven Plan for Financial Fitness. Emirates Airlines, the world’s biggest international carrier based in Dubai, United Arab Emirates, founded and owned by the government of Dubai is the largest airline in the Middle East and certainly the best.It has a fleet size of 222 which flies to exactly 164 destinations and expanding. The constant improvement of the provided services’ quality is a priority for Emirates. The UAE policies regarding the protection of the environment are rather strict, and Emirates is one of those companies that concentrates on the development of effective and working sustainable programs. Moreover, the company uses only the latest technologies to address the customers’ expectations (Nataraja and Al-Aali 476). Print. 2019. Emirates can develop and increase its competitiveness while focusing on entering low-cost markets, targeting middle-class passengers, and expanding services in the larger number of countries. IvyPanda. These two air hoses are Etihad Airlines and Qatar Airways. However, Emirates tries to keep leading positions in the country and region while changing the marketing strategies and orienting to other consumer categories. The rivals in the airline industry market are active, and Emirates need to focus on expanding their services and selecting more routes because such approach guarantees the stable leading positions in the market. According to the Brand Finance Global 500 report for 2016, Emirates now is the most valuable airline brand in the world, worth $7.7 billion. The level of these stakeholders’ impact on the strategic progress of Emirates is different. Therefore, the government of Dubai and the UAE authorities need to be not only regularly informed on the progress of the airline industry but also be kept satisfied (“Emirates Home” par. In terms of Emirates Airline system, new budget airline is help to introduce new Al-Makthoum International Airport in Jebel Ail that is located on Dubai border. June 10, 2019. https://ivypanda.com/essays/strategic-management-project-emirates-airlines/. Page 2 Executive Summary. June 10, 2019. https://ivypanda.com/essays/strategic-management-project-emirates-airlines/. The inventory turnover ratio of emirates in 2013 is much more lower compare to 2014 from 2.52 to 2.79. Satisfied Customer and Preferred Airline of Customers. The costs associated with buying new aircrafts for the fleet are rather high for Emirates today. Rivals of Emirates such as Gulf Air Company and Qatar Airways Group are also oriented to expanding markets, and the competition within the airline industry increases. This report is about a strategic analysis of Emirates Airlines; contains: PESTLE analysis, SWOT analysis; Porter's 5 forces analysis, value chain analysis,and finally stakeholders analysis and … PESTEL Analysis 31. The innovation is another factor to explain the popularity of Emirates. The airline company develops according to norms and tendencies of the local and global aviation industry and markets. The satisfaction. 3). In addition, strategic opportunities are also associated with using more advanced technologies in order to compete effectively in the global aviation market. IvyPanda. Advantage of Being Present in Oil Rich Emirate 3. Emirates regularly launch the environmental projects and participate in the governmental programs oriented to protecting natural resources in the country (“Emirates Home” par. This report is about a strategic analysis of Emirates Airlines; contains: PESTLE analysis, SWOT analysis; Porter's 5 forces analysis, value chain analysis,and finally stakeholders analysis and mapping, This report is about a strategic analysis of Emirates Airlines; contains: PESTLE analysis, SWOT analysis; Porter's 5 forces analysis, value chain analysis,and finally stakeholders analysis a…. ensure the integrity of our platform while keeping your private information safe. The power of the government is also comparably high, and the authorities’ interest in the progress and strategies of Emirates is also high. Emirates AirlineThe paper involves the analysis of communication strategies employed by the Emirates Airline Company. Emirates focuses on attracting multicultural employees in order to address needs and interests of all consumers. Resort, hotel and tourism strategy: This is also another fundamental strategy of the company for increased the numbers of tourist in this way it assist to local bodies and advice for development of new hotels, restaurants, new buildings etc. The SWOT (strengths, weaknesses, opportunities, and threats) analysis is important to demonstrate what internal factors can influence the strategic development of the company. 15). Therefore, the rivalry is intense in the UAE, among the airlines of the Gulf region, and in the Middle Eastern region. Emirates SWOT – a SWOT analysis of Emirates airline. Emirates SWOT Analysis Emirates Strengths Below are the Strengths in the SWOT Analysis of Emirates: 1. REFERENCES • Aguilar, F. (1976) Scanning The Business Environment , New York: Macmillan. Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! The purpose of this section is to identify the airport’s goals from the point of view of each stakeholder group. It is possible to speak about more than 6 million of loyal customers using services of the company (Nataraja and Al-Aali 472). After two decades Emirates has expanded its empire with 83 aircrafts soaring to 78 destinations in more than 55 countries worldwide. Retrieved from https://ivypanda.com/essays/strategic-management-project-emirates-airlines/. Having flights to more than different cities all over the world, Emirates Airlines corporate strategy gives importance with the diversity of their stakeholders, specifically with their clients. Emirates remains to be one of the most successful airlines in the Middle East. 18). With such strong history Emirates Airlines are still venturing further in to the future. These stakeholders for Emirates are customers because their interests and satisfaction are the highest priority for the company. In spite of using the successful strategy that is oriented to increasing the brand loyalty and quality of services, Emirates can face problems in the future associated with the lack of the appropriate diversification strategy. Stakeholders in the airline industry are numerous. Today, Emirates provides its services in more than 70 countries all over the globe, and its staff is more than 55,000 employees (“Emirates Home” par. These recommendations are important to contribute to enhancing the company’s long-term performance. 1. The purpose of this report is to provide the results of the Emirates strategic case analysis with the focus on the PESTLE analysis, the Five Forces analysis, the SWOT analysis, and the Stakeholder analysis. Hello Tomorrow (with different additions) Parent company : The Emirates Group Headquarters : Garhoud, Dubai, United Arab Emirates Key people : Ahmed bin Saeed Al Maktoum(Chairman) : Tim Clark (CEO & President) Employees : 56,725 (2014-2015) Website : www.emirates.com The Internal Assessment Management in General Emirates is one of the fastest growing airlines in the world and the Middle … The reason is that authorities reviewed their approaches to legal norms, tax policies, and laws regarding the operations in the industries supported by the government (“Emirates Home” par. The company remains to be the marketing leader in the industry while applying the differentiation strategy and providing the high-class luxury services for the VIP clients and wider population (“Emirates Home” par. The report also aims to identify the potential problems in the strategic development of Emirates and propose recommendations to improve the future performance. Need a custom Report sample written from scratch by IvyPanda. The impact of buyers on the industry development is also high because Emirates is directly oriented to satisfying needs and expectations of their customers. The total number of Group staff covered by this report equals 54,681 (as of Started with just two aircraft: a leased Boeing 737 & an Airbus 300 B4, Emirates now is a global airline. Print. 17. . Emirates Airlines Strategic AnalysisReport - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Customers can choose among different services proposed by a number of companies in the industry (Oxford Business Group 54). 2015. Etihad Airline is another growing airline of UAE. Strategic Management Project: Emirates Airlines. Emirates Airlines is one of the rapidly developing airline companies in the world. June 10, 2019. https://ivypanda.com/essays/strategic-management-project-emirates-airlines/. Print. These recommendations can be discussed as effective to contribute to the improvement of the company’s long-term performance. From this point, it is important to provide recommendations for Emirates regarding the improvement of the strategic development in the long-term perspective. We will write a custom Report on Strategic Management Project: Emirates Airlines specifically for you for only $16.05 $11/page. Strong hub in Dubai gives access to Emirates airlines across Europe and Asia 4. As a result, the technological platform is expected to be developed, and the company’s leaders pay much attention to recent researches in the field and invest in the most promising technologies. At the current stage, the company is able to adapt the strategy to the influential external factors, but the problem is in the fact that more approaches can be necessary for the future. "Emirates" which is situated in Dubai and started in United Arab Emirates by the administration in 1985 has its principle significant movement in the business air transportation and airlines. The brand is popular because of the company’s strategy to propose customers the high-quality services based on the work of the latest technology and skilled staff (The Emirates Group 8). “The Importance of Managing Customer Service, Safety Quality and Benchmarking of Airports and Airlines to Enhance the Performance and Customer Loyalty.” Global Journal of Management and Business Research 14.4 (2014): 1-9. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. The days in inventory ratio of emirates … This report on Strategic Management Project: Emirates Airlines was written and submitted by your fellow student. One of the main strengths of the company is the support of the government that resulted in many trade agreements for the company abroad. The large technological base is important for Emirates because the company operates in many countries, and services in all regions need to be provided in time and in the most efficient manner (Oxford Business Group 32). The main suppliers in this context are aircraft producers (Davahran and Yazdanifard 3). First and the foremost stakeholders are the owners of the airline itself for reasons of a going concern. Strategic Analysis - Case Study: IMAX: LARGER THAN LIFE Feedback: 1. It is the largest airline in the Middle East, operating over 3,000 flights per week, to more than 130 cities in 77 countries. The threat of new entrants in this industry is minimal because of the necessity to have significant capitals, propose differentiated services, and gain the customer loyalty within the short terms. "Strategic Management Project: Emirates Airlines." Emirates Airlines has a one of the largest number of cabin crews hailing from 95 different nationals. Emirates Home. Emirates Airlines is the part of the Emirates Group headquartered in Dubai, the United Arab Emirates (UAE). An example of a local based airline industry in the United Arab Emirates is Emirates airlines. “The Exceptional Performance Strategies of Emirate Airlines.” Competitiveness Review: An International Business Journal 21.5 (2011): 471-486. In this context, passengers often choose cheaper services while planning their business or holidays trips. The company does not serve needs of middle-class passengers while reducing the number of potential customers. A. Emirates being one of the world’s quickest developing worldwide carrier and it has been becoming over the levels of 20%. The impact of suppliers in the industry is high because changes in suppliers’ prices and propositions influence the quality and costs of provided airline services directly. The airline is a subsidiary of The Emirates Group that is owned by the Government of Dubai’s Investment Corporation of Dubai. Issues in Emirates airlines Stakeholder analysis in Emirates airlines Customers Although customers are the source of profit for the company they have little … The recent financial crisis caused by the political situation affected economies of developed and developing countries and the airline industry. For Emirates, the main stakeholders include the government, customers, suppliers, services providers, prospective customers, the press, the public, and the community. Changes in clients’ interests and attitudes influence the progress of the business because today more passengers choose low-cost services, and they are focused on discounts (Rahman, Azad, and Mostari 24). Nataraja, Sundaram, and Abdulrahman Al-Aali. In addition, during several years, Emirates realizes the strategy oriented to buying more aircrafts and expanding the fleet. As a result, the issue of diversity is important for the company. & Bitner, M. J. It is a handy technique to evalauate the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Emirates Airlines is facing in its current business environment. By: M Rahman | Tags: Marketing in Tourism & Hospitality Emirates airline began its journey in 1985 with just two aircraft (Emirates, 2019). This approach will be efficient and provide positive outcomes while being connected with the approach of decreasing overall operational costs. In addition, the social situation in the UAE allows recruiting employees at comparably lower costs than it is in developed countries. The Emirates Group. More problems can be associated with the political, economic, and financial crises because any changes in oil prices affect the development of the business (Rahman, Azad, and Mostari 25). 7s Mckinsey Strategy: Emirates Airlines has been considered to be at the forefront of industrial aviation throughout the years. Core Issues / Problem Statement SWOT analysis is a strategic planning tool that can be used by Emirates Airlines managers to do a situational analysis of the company . Originally, it was operating from Dubai International Airport that time (Rehman, 2008). In this context, more attention should be paid to the formulation of the effective adaptation strategy to enter more markets and to compete with rivals effectively (Davahran and Yazdanifard 3). At the macro-environment level, operations and the strategic development of Emirates are most influenced by political, economic, and technological forces. In spite of the fact that the threat of substitutes in the airline industry is rather low, it is high while discussing Emirates as the global company proposing the transportation services (Nataraja and Al-Aali 474). The competitors of Etihad Airways like Emirates, Air Arabia are also part of the stakeholders of the Etihad Airways. 2). Emirates pays much attention to using technological innovations in the industry for improving the quality of customer services. • Emirates has signed the agreements with countries in Asian Pacific also other countries about facilitate trade. Therefore, Emirates is the leading airline in the Gulf region and the Middle Eastern region. The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing, The Baller: A Down and Dirty Football Novel, The Go-Giver: A Little Story About a Powerful Business Idea, A Quick and Simple Summary and Analysis of The Miracle Morning by Hal Elrod, Leadership Strategy and Tactics: Field Manual, 92% found this document useful (50 votes), 92% found this document useful, Mark this document as useful, 8% found this document not useful, Mark this document as not useful, Save Emirates Airlines Strategic AnalysisReport For Later. As a result, Emirates operates in the context of the “open skies” policy promoted by the government of Dubai, and its commercial potential is constantly increasing (Oxford Business Group 28). The company should ensure that the interests of the stakeholders are being met. This is IvyPanda's free database of academic paper samples. Emirates Airline direct competitors are Etihad Airways, Qatar Airways, Lufthansa, Fly Dubai, Malaysia Airlines, Turkish Airlines, Saudi Arabian Airlines, Cathay Pacific, and PIA and other international airlines. During the decade, the company operated with references to the business and political agreements of the UAE with the countries of the Gulf region, the Asia-Pacific region, and the Western countries (Nataraja and Al-Aali 473). At the current stage, the company serves interests of high-income customers, but it is possible to pay more attention to the diversification and enter new markets while addressing expectations of new categories of passengers (Nataraja, and Al-Aali 480). The Emirates Group Annual Report 2019-2020 - Download PDF (14.5 MB) (Opens a PDF in a new window) Emirates Annual Report 2018-2019 Emirates Annual Report 2018-19 The national revenue board would also be the stakeholder of the company. Demonstrate research into and Athletics Theory Session CDM - Revision - 2017-17 Financial Ratios-formula Enterprise Challenge Business Proposal Template 2017-18 Globalisation Technical Report Final Exam Final 10 May 2013, questions Exam 10 July 2017, questions Exercises for L6 MARK 1051 Course Handbook 2017 -2018 … This approach will allow widening the overall scope of services provided and the business’s impact in the world. The company refers to the development of the technological base using the most innovative fleet and infrastructure or supporting services; to the development of the diverse human resource base; to the strategic use of finances; and to the improvement of the brand recognition. Competitors. With just purely two aircrafts, the Emirates airline was established in the year 1985 by the ministry of Dubai. It is the part of the Emirates Group and headquartered in Dubai, the United Arab Emirates. Some of the prominent airlines from UAE other than Emirates Airline are Etihad Airline, and Qatar Airline. The active political cooperation of the UAE with the countries from the mentioned regions contributed significantly to the development of the aviation sector. The other recommendation is associated with the necessity to address the increasing competition in the industry.