2. KINGFISHER AIRLINES
â˘
kingfisher airline started its operation on 9th may 2005
â˘
A major Indian airline based in Mumbai.
â˘
Kingfisher Airline is one of the only seven Airlines awarded 5 star rating by Skytrax.
â˘
In may 2009 Kingfisher Airlines Carried more than 1 million passengers.
â˘
Total connection of 70 cities and 7 international destinations. Flying over 350 flights a day.
â˘
Current fleet size of 67 aircrafts and market share of 20.8%
â˘
Recognized as one of the India âs most respected companies in 2006.
â˘
India âs only five star airline.
4. FINANCE STRATEGY
â˘
Key initiative to enhance performance.
⢠New frequent flyer program launch with unique feature non âair rewards , family club
etcâŚ.
⢠Improve internet booking engine.
â˘
Stringent actions planned and undertaken to keep cost under control.
⢠Redelivery of non-operational aircraft.
⢠Reduced engineering cost by 10-15 % by induction of new key vendors.
⢠âFuel monitoring systemâ reduction in fuel consumptions
⢠Control on overheads ,e.g.⌠optimized offices and warehouse spaces.
5. HR STRATEGY
â˘
Non poaching alliance with Air Deccan
â˘
Flying models â selection procedure through national level model contest.
â˘
Hand picked staff by Mr. Vijay malya.
â˘
Bank on buddy programme.
â˘
HR connect magazine .
6. 4 P âS
â˘
PRODUCT
⢠Domestic and international air journeys
⢠Airbus A-320 , A-319-100 and ATC 72, ATR 72-500 and ATR 42-500
⢠Merger with Air Deccan âKINGFISHER REDâ
⢠Kingfisher Elite.
â˘
PRICE
⢠Target higher income group
⢠SEC A-1 , A-2 , B-1.
⢠Business class.
7. PLACE âNETWORKING
⢠Wide network âmajor focus metro cities.
⢠Flight bookings.
⢠Book in person
⢠Travel agents
⢠Online
⢠India âs first âFly by SMS â services.
9. PEOPLE
â˘
Special luxurious services.
⢠Inflight entertainment
⢠System on every seats
â˘
Kingfisher Elite
⢠Custom design Luxurious interiors.
⢠State of the art technology features
⢠Exclusive check-In counters.
⢠Experienced and highly trained professional crew.
â˘
Special Assistance
⢠Guest with disabilities and reduced mobility
⢠Unaccompanied minors
⢠Expectant mothers and infant
⢠Other special needs , wheelchair /stretcher.
â˘
Special meals
10. STRATEGIC OVERVIEW.
â˘
KFA started its customer as GUEST rather then passengers.
â˘
Appealing promotional line â FLY THE GOOD TIMES â and it reflected in the experience
company offered to its passengers
â˘
KFA gave best services to its customers like providing world class interiors and in-flight
entertainment systems
â˘
KFA came up with only one class airlines
â˘
KFA created new category of Aviation hospitality thus making service and hospitality main
focus.
11. SWOT ANALYSIS
â˘
STRENGTH
⢠Strong brand value and reputation
⢠Regional connectivity
⢠Efficient staff
⢠Capitalization
⢠Visionor
⢠Quality and continuous innovation
â˘
WEAKNESSES
⢠Indian psychology
⢠Infrastructure constrains.
⢠Facing tough competition from competitors.
13. KINGFISHER AIRLINES (FACTORS)
⢠POLITICAL FACTORS.
⢠Open sky policies
⢠FDI limits :100% for green field airport
⢠74% for existing airport
⢠100% through special permission
⢠49% for airlines
⢠ECONOMICAL FACTORS
⢠Contribution to Indian economy.
⢠Rising cost of fuel
⢠Investment in sector of aviation
⢠The growth of middle income group affect the aviation sectors
14. ⢠SOCIAL FACTORS
⢠Development of cities leads to better services and airports
⢠Employment opportunities
⢠Safety regulation
⢠The status symbol attached to air travel
⢠TECHNOLOGICAL FACTORS
⢠The growth of e-commerce and e-ticketing
⢠Satellite based navigation system.
⢠Modernization and privatization in airport
⢠Development of green field airport with private sectors e.gâŚ
Bangalore airport corporation limited.
15. ⢠ENVIRONMENTAL FACTORS
⢠The increase in global warming
⢠The sudden and unexpected behavior of atmosphere and dependency on
weather.
⢠Shortage of infrastructural capacity.
⢠Tourism saturation
⢠LEGAL FACTORS
⢠FDI limits
⢠Bilateral treaties
⢠Airlines acquisition and leasing cost
16. REFERENCES
â˘
HugeDomains.com - FlyKingfishers.com is for Sale (Fly Kingfishers)Intext: (Flykingfishers.com, 2014)Bibliography: Flykingfishers.com. 2014. HugeDomains.com FlyKingfishers.com is for Sale (Fly Kingfishers). [online] Available at: http://www.flykingfishers.com
[Accessed: 26 Jan 2014].
â˘
In-text: (NDTV.com, 2014)Bibliography: NDTV.com. 2014. Vijay Mallya may face prosecution for not
paying service tax arrears. [online] Available at: http://www.ndtv.com/article/india/vijay-mallya-may-faceprosecution-for-not-paying-service-tax-arrears-403297 [Accessed: 26 Jan 2014].
â˘
Bibliography: Profit.ndtv.com. 2014. Kingfisher Airlines' lenders get Rs 550 crore by selling shares.
[online] Available at: http://profit.ndtv.com/news/corporates/article-kingfisher-airlines-lenders-get-rs-550crore-by-selling-shares-325710 [Accessed: 26 Jan 2014].
â˘
In-text: (Tejas.iimb.ac.in, 2014)Bibliography: Tejas.iimb.ac.in. 2014. Tejas Article : Brand management :
The Kingfisher Airlines Saga. [online] Available at: http://tejas.iimb.ac.in/articles/34.php [Accessed: 26 Jan
2014].
â˘
In-text: (Profit.ndtv.com, 2014)Bibliography: Profit.ndtv.com. 2014. NSE to shift 11 stocks to restricted
trade segment. [online] Available at: http://profit.ndtv.com/news/market/article-nse-to-shift-11-stocks-torestricted-trade-segment-325086 [Accessed: 26 Jan 2014].
â˘
Bibliography: Google.ch. 2014. kingfisher airlines interior - Google-Suche. [online] Available at:
https://www.google.ch/search?biw=1241&bih=606&tbm=isch&q=kingfisher+airlines+interior&revid=83666
2920#q=kingfisher+club&tbm=isch&imgdii=_ [Accessed: 26 Jan 2014].