Date post: | 11-Apr-2017 |
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Education |
Upload: | rishabh-gupta |
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Developing Pricing Strategies And Performance
Air travel is the most comfortable and fast means of travel and
transportation..
BUT CAN EVERYONE AFFORD IT ?
Air Arabia targets the low-cost demand for flight travel
HISTORY
• Started in 2003 with 2 leased Airbus• Sharjah-based airline• Begun as a startup owned by Gov.
AWARDS WON
•The CEO of the group named Airline CEO of the year twice•Airline business award•Skytrax’s World Air Line award for best LCC•Low cost carrier of the year award at Aviation Business awards
Why doesn’t all companies apply same business model as Air Arabia ???
Air Arabia has always focused on people who cant afford to pay high
prices and hence established itself in this
sector
MARKET WINNING
COMBINATION OF 3 ELEMENTS
Great Flying ExperienceAffordable PriceGood Customer Service
WILL COMPANY BE ABLE TO MAINTAIN
ITS LEADERSHIP POSITION IN LCC
MARKET ??
Air-Arabia manages to be cost
efficient cause of multiple
reasons
Lowered Training Expenditure
• Large number of Flights • Fuel Hedging
More Flights More Destinations
Further reduction in prices
OPPORTUNITIES IN
DEVELOPING AND NEW
MARKETS
• Introduction to Air-Arabia and its History• Awards and achievements• Main success elements for the company• Analyzing reason behind cost effectiveness of
the company• Future for the company
THANK YOU
Created by Rishabh Gupta, RCOEM , by Prof. Sameer Mathur, IIM Lucknow.during a marketing internship
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