Marketing Plan of Airline
Marketing Plan of Airline
Marketing Plan of Airline
It was all started in 1985. The time was the inaugural flight of what was destined to become the
Middle Easts biggest Airline i.e. Emirates. The airline is a subsidiary of Emirates Group which is
completely owned by the Government of Dubai. It is known to be the largest airline of the Middle
East that operates 3400 flights per week.The company has created a strong brand name as a leader
in the aviation industry more specifically because of its rapid growth and service excellence.
Following is a brief marketing plan of the company that explains each aspect as how it grew the
ongoing challenges, its competitors and the strategies that have helped the company to sustain itself
over the years. Moreover, the companys current financial growth is mentioned that has made the
Emirates Airlines at the top leading position.
The Challenges
The company has been going through incredibly challenging times such as rising fuel prices, weak
demands and increase in government taxes. In times like this, the company has to foster real
leadership quality and experiences.
Customer Analysis
Emirates have repositioned its market by formulating a global marketing strategy that represents its
customers as globalists. The company launched a global multimedia campaign named as Hello
Tomorrow that aims to position the airline as enabler of global connectivity and significant
experiences.
Competitor Analysis
Etihad Airways: It is the national carrier of the United Arab Emirates and carrier of the region of Abu
Dhabi. The company currently operates a fleet of 54 aircrafts and shares a code agreement with 23
of the world airlines i.e. Jet Airlines, Malaysian Airlines, American Airlines etc. The companys main
business line is in carrying out an international air transportation and also Etihad Crystal Cargo that
handles all the international transportation of goods.
Emirates hold the same market value as Etihad but it stand out for its brand image in the minds of
the consumers for the past 25 years.
Collaborators
Joint Ventures:
With Qantas Airways that has replaced Singapore with Dubai as a stopover to London.
Subsidiaries:
The Company has got over 6 subsidiaries which include Emirates Holidays, Arabian Adventures,
Emirates tours, Congress Solution International etc.
Climate
Pest Analysis
Political and Legal Environment:
The Company has signed an agreement with countries in Asian Pacific and others to allow them to
facilitate trade. Since 2000, the trade has been favorable for the company as these affirmations have
opened up the Emirates to the whole world.
Economic Environment:
An increase in the fuel prices creates hurdles for the company to generate more profits. If the
economy of the country is running well, the per capita income of an individual will increase and will
be eager to travel via Emirates.
Technological Environment:
A development in technology will help the company to improve aircrafts facilities and fuel in order to
reduce the environmental impact of the Emirates operations. The company spends over USD 4
billion on bio fuel that are technically safe and cost effective. Moreover, the company bought new
Airbus A350-XWB, Boeing 747-8F to remain the competitive advantage.
SWOT Analysis
Strengths
One of the member of Arab Alliance.[sky]
Strong support of Dubai Government.
Known as one of the worlds best airline in the industry.
Weaknesses
Intense competition makes the market growth limited and high cost of living up to the benchmark
standards.
Fares are higher than other international airlines.
No global international alliance.
Opportunities
Providing a brand new fleet leverage that can improve the customers confidence in the airline.
More international destinations can be covered.
Threats
Fierce competition in the Middle East region.
Increase in fuel prices.
Change in the government policies and regulations.
Price:
The pricing strategies depend on the class, season and the location where the passenger is flying
by. For instance, Emirates are cheaper than Virgin Airlines for a flight to Dubai. For a business class,
they offer an award winning service i.e. lounge access, 40kg baggage allowance etc.
Place:
The Companys main location is in Dubai, UAE. They usually operate in 3000 flights per week from
its hub to Dubai International airport. Channels of Distribution includes website, travel agent and by
telephone as well.
Promotions:
Emirates usually promotes its company by launching different ad campaigns. The Hello Tomorrow
campaign is a remarkable example of bringing people closer, connected and encourage them to
make a positive impact on society.
Conclusion
The successful performance of Emirates Airline suggests that it will continue to heighten the
companys market presence in the future as well.
Reference
http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/Exceptional-July-2013EmiratesAirlines
http://www.bi-me.com/main.php?id=52479&t=1
http://www.mbaskool.com/brandguide/airlines/534-emirates.html