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Improving and Analyzing Factors for Effective Operations in Cathay Pacific Airways

   

Added on  2022-12-22

9 Pages3181 Words85 Views
A Chosen organization
Cathay Pacific Airways Ltd. is operating since 1946 and is having its hub in Hong Kong. There
are 82 destinations which are being covered by the company and fleet size is 155. Cathay Pacific
is having a stable and good reputation for themselves in the market which is a great factor for the
overall operations. Cathay Pacific has faced a lot of issues related to Covid-19 and democratic
issues which raised in the country in 2019. The company was developing in revenue and
passenger count but all of a sudden there was a fall which is that there were protests which got
violent and that did not create a good impact on the business in market. The report is going to
consist of the factors which have to be improved and analyses of the factors which have changed
in the company to be able to operate effectively in the market.
B Definition analysis
Source 1: Abraham Lincoln, A Short definition of democracy, 2021. [Online]. Available
Through: <http://www.democracy-building.info/definition-democracy.html>.
Source 2: Robert Longley, 2021. What is democracy? [Online]. Available Through:
<https://www.thoughtco.com/democracy-definition-and-examples-5084624>.
Source 3: Nitisha, 2021. Political science. [Online]. Available Through:
<https://www.politicalsciencenotes.com/democracy/democracy-definition-and-explanation/831>.
Author (Year) Definition Key points
Abraham Lincoln, 2021 The author states that
Government is for the people,
by the people and of the
people.
People play a very important
role in a democratic country
which is that they select their
own government to rule them
and improvement the
conditions of the country.
Robert Longley, 2021 Empowerment of the people
come in Democratic form of
government so that there is
going to be separation of
Liberties and natural rights
are present in the country so
that there are going to be
higher working which is
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power which is going to be
present.
going to be present.
Nitisha, 2021 Democracy has developed
from a Greek word which
means rule of the people.
Democracy originated from
French democratic factor.
Word Developed from a
Greek word and is now used
in a lot of countries to make
sure that there is effective
stability.
Democracy in own words:
Democracy is for the people which makes them have the right to select their own set of
government which is going to make them have benefits from this factor and make the country be
able to develop as well. Democracy is a satisfactory method which the government uses to be
able to make the people be able to have their own rights.
C Current trends in aviation
Cathay Pacific is providing the best of services and satisfaction level of the customers which is
why from 2016 to 2018 there was a growth in the number of passengers number which is
observed from 70,513,000 to 74,672,000. From 2019 to 2020 the passengers of the company just
fell down to 71,543,000 and 8,835,000. The movement of the flights also fell down in the last
two years which made the company not be able to gain the same revenue which they did before.
The company has a lot of violent protests which took place and made the customers not feel safe
which has to be well maintained and that is a very important factor. The company has 82
destinations and because of the security and other aspects the company was not being able to
have the same satisfaction level and support from the clients which was present (Li and et.al.,
2017). Net profit of the company just feel in negative which was a very bad factor for the
portfolio of the company which has to be maintained otherwise the company can lose the brand
value and reputation in the market. Air traffic also reduced which was a good factor because
there was less air pollution but the company lost their employees which were experience as well
which has to be managed and maintained which is going to be good for the brand image (Cui and
Li, 2017).
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D Organizational performance
Cathay Pacific Airways Ltd. tend to provide it services at various geographic locations because
of which company has managed to achieve a large customer base. Due to high customer base
Cathay Pacific Airways Ltd. Also managed to achieve a efficient economic growth due to
which company is being able to make appropriate improvisations in its working strategy as per
the requirements. Following is the operational performance evaluation of Cathay Pacific on the
basis of various factors like passenger count, revenue collected, organizational costs,
profitability and customer satisfaction.
Passenger number-
Cathay Pacific Airways Ltd. Tend to have a large customer base in the year 2016 which
was to be of 70,513,000. This happens because company tend to provide transportation services
to international customers and also provide cargo air transportation. Since company is able to
make several efforts through which customer requirements can be fulfilled (Seufert, Arjomandi
and Dakpo, 2017). Therefore in the year 2017 company achieved a increment in its customer
count and the organizational customer based increased with additional customers of 2,353,000.
Then the total customer count of the company become 72,866,000.
This increment in the organizational customer count has managed to provide Cathay
Pacific Airways Ltd. An high level of economic growth due to which it can make appropriate
changes in the organizational working as per the requirements. Thus company tend to
implement several working improvisations like advertisement. Through social media marketing
and traditional market by which a customer count can be increased. Due to which
organizational customer base tend to mark its highest customer base which was being of
74,672,000 customers. This was highly beneficial for the organization because the
company was being able to achieve a high level of sustainable financial growth. But in the year
2019, due to proactive protests within China made a significant impact upon Cathay Pacific's
customer base. This can be seen in the decrement of its customer base which drastically reduced
by 3,129,000 and landed upon 71,543,000. This sudden change has made a significant impact
upon company's growth and due to which it has to make several changes by which company's
sustainability can be ensures. This can be seen from the step in which Cathay Pacific tended
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