The airline industry faces increased competition as travelers spend less than in the past and airlines have struggled financially, while time has become more important to travelers facing longer airport lines, fewer flight options, and connections, leading more to consider corporate jet travel, which most individuals cannot afford.
This PowerPoint helps students to consider the concept of infinity.
Week2
1. The Airline industry is more competitive than ever before. Travelers are
now spending less than they did in the early 80’s. Unfortunately the airline
industry has not made a substantial return on any investment, and lost huge
amounts of money in the early 90’s.
Time is becoming more and more important to travelers. With increased
security measures, long lines at airports, less flight options, and connections
people are now turning toward corporate jet travel. Unfortunately, most people
are unable to afford corporate jet travel.
2. BizWings will target individuals who normally
would not be able to afford private jet travel
but who’s time is increasingly valuable. We
will target professionals who generally travel
long distance by car because they are still
saving time as opposed to flying. We will now
give these individuals the option of flight
without sitting in long airport lines.
3. Airlines lack on time performance and reduced
the number of flight options and availability.
4. Strengths
Weakness
Air travel when you need it
No more long lines Prices are higher than
Affordable commercial air travel
Comfortable Other options are available
You’re the boss New concept not
understood by the general
public
Threats
Opportunity
Airlines lowering fares
Major airlines serve the Change the way people travel
area Bring customer service back to air
People may choose low travel
fare to save a couple Focus on improving the quality of
hours time life for those who travel for
business
5. I travel everyday for work. I am constantly
stuck in traffic and rarely see my family when I
get home. I wake up the next morning and
prepare for another 2-5 hour commute. My
territory is large and yet I still have to travel by
car. BizWings would significantly improve my
quality of life.
Heather Drake
6. Major airlines: USAirways, American
Airlines, Delta, Continental, Southwest, JetBlue
, AirTran
Corporate Jet Membership: NetJets, AvantAir
Train: Amtrak
Bus