research report on emirates airlines

Global Airmail Market Size, Status and Forecast 2019-2025 | Orbis Research Qualitative research design was selected in order to provide the researcher with an opportunity to undertake an in-depth exploration of the research subject within Emirates Airlines. Copyright © 2021 - IvyPanda is a trading name of Edustream Singapore Airlines Cargo DHL Aviation Cargolux Emirates SkyCargo FedEx Express China Airlines Cargo Korean Air Caro âAir Cargo Market is growing at a High CAGR during the forecast period 2021-2027. Some of the major market stakeholder entails employees, shareholders, creditors, and other parties within the supply chain such as agents, distributors, and suppliers. Emirates Airlines Company is one of the world’s fastest growing airline companies. This paper is organised into a number of areas. The Emirates Airline Company’s preference for bank loans is understandable. The company is welcome to diverse inputs. *Skytrax is a United Kingdom-based consultancy, the public face of Inflight Research Services Competitive advantage: Emirates has won some competitive advantages which made this company as one of the good airlines. IvyPanda. News. Wahlen, J. Social factors The Dubai businesses cater to the demands, needs, wants, and caprices of local and foreign nationals. (2019) 'Emirates Airlines CSR Application'. Wells (2013) defines employee-oriented social responsible HRM as a management practice that focuses on employees by integrating various policies such as work-life balance and optimal reward system. (2010). The respondents argued that the company has formulated one of the most competitive compensation packages. The Airline is one part of the Emirate Group, which is owned by the Dubai Government. Emirates airline is a freight company that began its operation in 1985. To resolve the situation, the Emirates Airlines Company should accept the supply bids from three or more suppliers. The report analyzes and estimates the Air Cargo market on a global, regional, and country-level. We utilize security vendors that protect and The non-market stakeholders entail individuals who do not directly engage in economic exchange with an organisation. Emirates Airlines Company is forced to buy its raw materials and other requirements. Research Report. Fernando, A 2009, Business ethics; an Indian perspective, Tata McGraw-Hill, New Delhi. The political situation includes wars and various economic situation going on in country. We will write a custom Research Paper on Emirates Airlines specifically for you for only $16.05 $11/page. Web. Yilmaz and Kucuk (2010) assert that investing in CSR may lead to improvement in an organisation’s reputation, and hence it’s overall financial performance. Star Alliance, SkyTeam, and Oneworld. Emirates airline has been sustainable because of the measures taken by the company regarding Eco-Efficiency and environment practices reveals that they have sustainable approach in the business. For the year 2011, Table 1 indicates the above Emirates Airlines’ financial statement analysis’ current ratio shows the company’s current assets of 21,867 is 1.07 times higher than the company’s current liabilities of 20,498. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Wells (2013, p. 125) argues that hiring for ‘cognitive moral development and agreeableness, and recruiting CSR-specific staff may affect the employment opportunities for other employees’. However, some airline companies are investing in CSR due to increased pressure from governments and environmental activists, which means that their motivation towards CSR is not inherent. This research paper on Emirates Airlines was written and submitted by your fellow student. Chandrasekar, K 2011, ‘Workplace environment and its impact on organisational performance in public sector organisations’, International Journal of Enterprise Computing and Business Systems, vol. Emirates Airline is one of the five world leading airline companies founded in 1985. Emirates has an impressive portfolio of sponsorships with some of the most famous football clubs in the world e.g. Purchase the Airlines in the United Arab Emirates country report as part of our airlines market research for October 2020. Subsequently, the company has invested a substantial amount of resources in order to attain competitiveness (Emirates 2014). The research paper analyses the various CSR activities and strategies that the organisation has integrated into its social responsible strategic human resource management practices. IvyPanda. Consequently, Emirates Airlines Company must focus on retaining its current position as the top passenger and cargo entity in the United Arab Emirates. Therefore, adopting Microsoft Excel aimed at improving the effectiveness with which the data collected from the field is analysed. Course Title. The industry is characterised by a high degree of volatility due to economic changes (Worthington & Britton 2006). Additionally, the airline offers diverse cabin services such as economy class, business class, and first class. In addition, it has sustained its positive financial performance despite the prevailing economic changes. One of the ways through which this goal can be attained is by transforming organisations into a CSR-oriented. An analysis of findings obtained from the field is illustrated by providing a detailed illustration of the responses obtained and their significance and implication to Emirates Airlines. Emirates Airlines Company operates from Dubai, the fastest growing cities in the global market place (Taneja, 2008). These categories entail the employee-oriented social responsible strategies and the external oriented CSR strategies (Wells 2013). The main work-life balance strategies that organisations have adopted include flexible working policies such as flexi and part-time working schedules (Urip 2013). On the other hand, 2% of the respondents cited the company’s involvement in cultural sponsorship. “Emirates” is an airline company based in Dubai and founded by the United Arab Emirates government in 1985. Luthans and Doh (2012) assert that businesses interact with two main categories of stakeholders, which include the non-market and market stakeholders. Emirates is a globally renowned and influential airline with Dubai being its hub. The ratio indicates the company’s total debt is higher than the company’s total equity. Furthermore, no profit-oriented company can afford a decline in their financial strength by over-engaging in philanthropic activities. The airline is also involved in sponsoring high profile tennis tournaments such as the US Open Series, Rodgers Cup, the Dubai Tennis Championship, and Internazionali BNL d’Italia [BNP]. The company will increase its A380 airplane passenger type from its currently owned 90 units s to the higher 120 units. April 24, 2019. https://ivypanda.com/essays/emirates-airlines-research-paper/. (2010). Organisations in different sectors are adopting aggressive growth strategies such as market expansion in order to improve and sustain a high competitive advantage. Latest Article Oil at 100: No. Euromonitor International is the leading provider of strategic market research reports. Examples of non-market stakeholders include non-governmental organisations, activity groups, and the government. Therefore, stakeholder mapping enables an organisation to gain insight on the importance of the diverse stakeholder groups. Political factors affecting the United Arab Emirates (UAE) The United Arab Emirates is a constitutional federation. 1, pp. During its last financial year, which ended on 31st March 2014, the airline’s net profit grew by AED 3,254 million (Emirates 2014). Zu (2009) is of the opinion that stakeholders can influence businesses’ long-term existence positively or negatively. ensure the integrity of our platform while keeping your private information safe. I have selected Topic # 8 entitled ‘An analysis of Financial and Business performance of company for the period of three years’ as part of my research and analysis project. It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. According to Zu (2009), the intensity of global competition coupled with technological evolution has led to the emergence of a new business paradigm. This market research report provides information about Tourism & Travel, Travel & Leisure industry. Emirates airlines launched its operations from the year 1985 and have the distinction of being the flagship Carrier for the UAE. This move will improve its workforces’ commitment in implementing best practices. Introduction. Purchase the Emirates Group PLC in Travel company profile as part of our travel market research for December 2017. However, despite the high degree of volatility, airline companies have a duty to satisfy the needs of their stakeholders such as investors, society, employees, and the government. The financials statement analysis indicates that the company fared profitably well during the 2011 operational year. Saudi Basic Industries Corporation (SABIC), Singapore Airlines Cargo's Employees Management, Management Accounting Report of Emirates Airlines, Emirates Airline: The Secrets of the Legends Success, The Passenger Motor Vehicle Business in the UK, Emirates Airline: Recruitment and Selection Process, Operations management practices of emirates airline. ensure the integrity of our platform while keeping your private information safe. In terms of operations, the company focuses on research and development activities. The higher liabilities amount is 20,498. (2019, April 24). Economics of Strategy. We utilize security vendors that protect and This is IvyPanda's free database of academic paper samples. Organisation- EMIRATES AIRLINES-Select an organization, for in-depth analysis of their customer services.-The research report should be approximately 10-15 pages (double spaced) with well documented references. Therefore, the likelihood of gathering a wide range of data is high. Your privacy is extremely important to us. Lastly, the company opens its own airplane store market segment. Emirates Airlines and SkyCargo. Further, the Emirates Airlines Company generates different revenue types. The company’s SWOT analysis delves into the company’s opportunities to increasing its revenues. Subsequently, the findings of the study do not apply to other firms in the airline industry. The data collected was analysed and presented using Microsoft Excel. One the other hand, telecommuting involves working at home using an effective and efficient computer system that connect employees with the workplace (Morrison 2006). Yilmaz, A & Kucuk, F 2010, Risk based logical framework to the corporate sustainability, Erciyes University Social Science Institute, Kayseri. The low Emirates Airlines Company passenger prices encourage the current Air France and Qantas airline passengers to shift to the cheaper Emirates Airlines Company’s airplanes (Besanko, 2009). As governments look to stimulus measures, the airline industry will need consideration for relief on taxes, charges and slot allocation. The company also operates its own subsidiary. Thus, one of the areas that internal CSR strategies are concerned with involves improving the workplace environment. In addition to these internal CSR strategies, organisations are increasingly adopting job policies that enable employees to balance between work and life aspects. Its main activity is the provision of commercial air transportation services. Therefore, to attain the desired level of excellence, airline companies should invest in corporate social responsibility (CSR), which involves the extent to which an organisation’s operations are socially and environmentally ethical. The comparison shows the company has enough quick assets available to pay the company’s currently maturing current liabilities within the same year. The passenger seat sales continue to remain at 80 percent or more. Additionally, it also improves the level of employability amongst employees. City. Our fully audited annual reports are prepared in accordance with International Financial Reporting Standards. One of the aspects that airline companies should focus on in their pursuit for long-term survival entails entrepreneurial excellence. In addition, the Emirates Airline Company generated an asset increase. From the above analysis, it is evident that Emirates Airlines has mainly emphasised sports sponsorship and promotion of children welfare in its CSR strategy. Further, the operating expenses include the cost of repairing and maintaining the Emirates Airlines Company airplanes in good working condition. Its motivation to invest in CSR is driven by a number of factors. In keeping with our policy of financial transparency, our site houses annual reports dating back to the financial year 1993-1994. Furthermore, 10% of the respondents cited other monetary benefits received at the workplace. In addition, the company has the largest number of Boeing 777s. Over the past decades, most organisations have appreciated the significance of CSR in their operations. The low prices are understandable. IvyPanda. However, it is imperative for Emirates Airlines to expand its community involvement. For example, the occurrence of natural events such as floods and bad weather due to climate change due to manmade activities can affect the airline’s operations, hence its profitability. The objective of this research study is to explore the application of CSR by Emirates Airlines. Thus, the airline has gained a positive reputation in different societies. 19, no. Consequently, to achieve entrepreneurial excellence, organisations must sustain a high level of profitability in addition to being responsive to environmental, social, and economic issues. For full functionality of this site it is necessary to enable JavaScript. According to the case study on Emirates Airlines, it has been identified that the Anti-Discrimination Law Federal Decree-Law No.2 2015 safeguards the rights of the employees as well as the customers of the company from discrimination of their race, gender and religion. One of the subsidiaries is the Emirates SkyCargo. IvyPanda. The gaps in Emirates Airlines’ CSR strategy are also identified. Emirates Airlines Company Chairman Sheikh Ahmed bin Saeed Al Maktoum emphasized the economic depression triggered a decline in the demand for airline tickets. 151. The Emirates Airline was established in 1985 on 25th October. 2019. Maguire, M. (2007). Using SWOT analysis (Ferrell, 2010), Emirates Airlines has proven itself to be one of the world’s best airlines, in terms of quality service. 151. It has adopted the concept of global carrier and competitive pricing as its business model, which has remarkably improved its competitiveness against major international carriers such as British Airways, Air France-KLM, Qantas, and Lufthansa. Emirates: Emirates sponsorships 2014. As proof, the company was able to generated an estimated 20 percent airline passenger revenue has increase during the2001 November season. The SWOT analysis is used to determine Emirates Airlines Company strengths. The respondents asserted that the airline provides them with an opportunity to progress through their career path. Subsequently, the airline has integrated a number of strategies in order to attain optimal CSR. 17 . In terms of clarification, the company’s current assets portion of the financial statements is composed of cash, cash equivalents, short term investments, accounts receivable, short term loans, inventories, taxes, other current assets and assets held for sale during 2011 and 2010. The private enterprise would have to charge higher passenger and cargo fares to cover the amounts allocated to government taxes. Flying Ahead the Airplane. Their programme diverts a wide range of materials from landfill, including paper and cardboard, aluminium foil and cans, and plastic bottles and containers, much of which is collected from our aircraft after their arrival in Dubai. The company can increase its current airport passenger volume to new destinations around the world. A sample of 100 respondents, which comprised the different categories of stakeholders, was constructed using simple random sampling technique in order to eliminate bias. IvyPanda, 24 Apr. "Emirates Airlines." The respondents also cited health insurance packages as one of the monetary benefits received at Emirates Airlines. Mallin, C 2009, Corporate social responsibility; a case study approach, Edward Elgar, Massachusetts. However, they are affected by the operations of the business. This research entails a case study of Emirates Airlines. Emirates Airlines appreciates the importance of operating in a social responsible manner in order to satisfy its internal and external stakeholders. The company also generates revenues from carrying physical mails. The Emirates Airlines Company revenue decline precipitates to the decline in Dubai’s tourism industry. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. Airlines are doing their best to stay afloat as they perform the vital task of linking the worldâs economies. The wars have contributed to the increase in the global market price of the fossil fuel, gasoline. The quality of employees plays an important role in a service industry and Emirates have one of the finest and elegant workforces in the airline industry. In their opinion, the airline has integrated a comprehensive reward system that entails diverse benefits, which include monetary and non-monetary benefits. Emirates Market Strategy. Latest Article OPEC and allies to keep oil market hot. Institution . The sports sponsorship program has been in existence for over 20 years. Fifty seven percent [57%] of the respondent cited Emirates Airlines’ involvement in external CSR, while 43% of the respondents cited its involvement in internal CSR. Moreover, the airline industry is affected by the environmental (e.g. The topic tends to draw attention towards the information about the inception, growth and development of the Middle Eastern airline as one of the most successful airline in the world.Emirates Airlines is the largest airlines based in the Middle East in terms of revenue and passengers carried since 2007. New York: J Wiley & Sons Press. Worthington, I & Britton, C 2006, The business environment, Prentice Hall, New York. Emirates was named the World’s Best Airline and received 12th consecutive award for best In-flight entertainment at Skytrax World Airline Awards 2016 (Emirates, 2019). The paper is organised into a number of sections. The internal stakeholders selected during the study included employees in different levels of management and their subordinates. The increasing prices of oil precipitate to an increase in company’s gasoline and oil expenditures. Through its sports sponsorship, the airline has established a strong link with its customers. The ratio indicates the company’s total debt amounts to only 38,072. The methodology section explains the techniques used in collecting and analysing data. Idowu (2009) asserts that organisations have a duty to ensure fair and equitable remuneration, which explains why firms are increasingly integrating monetary and non-monetary rewards. Comparing the two accounting periods’ audited financial statements, Emirates Airlines has similar cash ratio results for both 2011 and 2010 (Wahlen, 2011). The Inter-governmental Panel on Climate Change (IPCC) projects that the total greenhouse gas emissions from the aviation industry is expected to be less than 3% by 2050 (Pricewaterhousecoopers 2014). The airline industry has been cited as one of the major contributors of air pollution. Moving Boxes by Air: The Economics of International Economics. Thus, the importance of integrating optimal strategic management practices cannot be ignored. Armstrong (2010) argues that CSR strategy should be integrated within an organisation’s business strategy. Topline. This is IvyPanda's free database of academic paper samples. There are different Emirates Airlines Company segments. Conversely, 8% of the respondents considered in the study were of view that the firm has invested optimally in a comprehensive employee training. This association emanates from the view that CSR strategy is aimed at entrenching socially responsible behaviour within and without an organisation (Armstrong 2010). For example, in 2013, the airline presence was evident during the Formula 1 season in North America, South America, Asia, Europe, and Australasia. Organisation- EMIRATES AIRLINES-Select an organization, for in-depth analysis of their customer services.-The research report should be approximately 10-15 pages (double spaced) with well documented references. Emirates Airline Company is based in Dubai and it operates as a subsidiary company of the Emirates Group that is wholly managed by the State of Dubaiâs Venture Corporation. Budget Airlines in the UK - Industry Market Research Report. IvyPanda, 26 July 2019, ivypanda.com/essays/emirates-airlines-csr-application/. Emirates and Qantas sign an extensive commercial partnership to give customers of both airlines seamless Australian and international network connections, exclusive frequent flyer benefits and world-class travel experiences. The asset increase is on its 7th year continuing trend. After the preferred shareholders of the airline company are paid, the excess dividend amount is distributed to the owners of common stocks (Maguire, 2007). Also Emirates Airlines is compared with its competitors air France-KLM airlines and Korean air over three years period from 2012 to 2014. The company is based in Dubai, United Arab Emirates. Questionnaires were used as the main data collection instruments. After two decades Emirates has expanded its empire with 83 aircrafts soaring to 78 destinations in more than 55 countries worldwide. April 24, 2019. https://ivypanda.com/essays/emirates-airlines-research-paper/. Air Cargo Market Research Report by Service (Express and Regular), by Component (Air Freight and Air Mail), by End-User - Global Forecast to 2025 - Cumulative Impact of â¦ Consequently, the unemployment rate increase precipitated to a decrease in the company’s airline tickets. Armstrong, M 2010, Armstrong’s essential human resource management practice; a guide to people management, Kogan Page, Philadelphia. For full functionality of this site it is necessary to enable JavaScript. The SWOT analysis indicates how Emirates Airlines Company should focus on keeping its current position as the top passenger, and cargo entity in the United Arab Emirates. When asked how the airline has incorporated the concept of work-life balance, the respondents argued that it had integrated effective time management.