JetBlue Case Study Example | Topics and Well Written Essays - 1000 words

JetBlue - Case Study Example Trends within the US airline industry such as crude oil pricing and passenger fees, post 9/11 and pilot shortages have substantial effects on the performance and strategies of airline companies. Prices of crude oil have increased considerably in last few years, which has had a substantial effect on the pricing of passenger fees. For instance, in 2008, crude oil prices rose to a record $140 per barrel and this price swell caused airlines to labor to offset fuel costs. Many companies were forced to implement new passenger fees to cater for the surge in fuel prices. However, while fuel prices are currently low, airlines continue to increase revenue by passing costs to its customers. Shortages of pilots have also forced companies to adjust their strategies. As baby boomers retire, the airline industry suffers a shortage of pilots. Prior to becoming captains, pilots have to gain sufficient flight hours. The International Air Transport Association asserts that airlines need nearly 3,000 ad ditional pilots each year, which is far more than training schools provide (Thompson et al., 2010). Post 9/11 aviation security also influences airlines’ strategies. After the 9/11 terror attack, Congress implemented the Aviation and Transportation Security Act (ATS). This led to the creation of the Transportation Security Administration (TSA) and established that federal employees should be in charge of airport security at all airlines (Kaplan, 2006). This forced airlines to institute numerous layers of security. JetBlue’s strategic intent   David Nelleman founded JetBlue with the view to bring humanity to air travel. The aim was to offer lowly discounted comfort and service to customers. The company’s philosophy was to delay flights instead of cancelling them entirely. The firm was the first airline to publish a bill of rights for its passengers. This document outlines its policies with regard to the airline’s customers. It launched electronic ticketi ng to enhance convenience and offered additional services such as in-seat television, as well as PayPal payments for tickets. In order to enhance its customer and shareholder value, the airline established rapid and strategic growth initiatives. In 2000, the firm made a rather chancy decision by starting services in New York’s JFK Airport, which was already quite congested. JetBlue took advantage of the lighter 8 to 9am flight window to offer appealing flights to young and wealthy New Yorkers and those travelling to the city. In 2008, JetBlue launched Terminal 5 at JFK to offer customers more efficacy and convenience, while also saving them up to $50 million in fuel, vouchers and labor. Between 2003 and 2008, the airline launched service to numerous destinations such as Portland, Fort Lauderdale, and San Diego among others. By the end of 2007, JetBlue had expanded its operations to more than 53 destinations (Thompson et al., 2010). However, this impressive growth did not imme diately trickle down to add shareholder value.    JetBlue’s financial objectives While JetBlue showed immense promise, its stock values dropped by 50% in a span of five years ending December 2007. This is because between 2003 and 2007, the company’s operating expenditure increased by 222%. This is primarily because of jet fuel (532% rise) and interest expenditures (658% rise). Rather than handling the interest expendit

African American Studies-Introduction to the Art of Africa Essay - 1

African American Studies-Introduction to the Art of Africa - Essay Example The different forms signified different statuses of women in the society as well as their creative aspects. Young women who were being initiated into womanhood wore the masks in the initiation ceremonies (Foster 1). They showed that the young girls had courage and determination to take up female responsibilities in the society. After initiation, each girl would be given a unique mask made from the trunk of a cotton tree. The maker of the mask would only proceed to make the, mask for a girl after hearing screams from the girl undergoing the initiation process. There were specific requirements that the initiates had to fulfill while wearing the mask. They were not supposed to reveal any of their body parts. Failure to adhere would attract possession by the evil spirits. The cover clothing was supposed to be black in color. It is clear that the Sowei masks served the purposes of beautification and conduction of rituals. They were reserved for Sande and Bundu societies. They helped distinguish the Mende women from other tribes in the