Studybay uses cookies to ensure that we give you the best experience on our website. By continuing to use Studybay you accept our use of cookies view more on our Cookie Policy
How can I earn money with StudyBay Top writers
Order Assignment
This order has already been completed on Studybay
On Studybay you can order your academic assignment from one of our 45000 professional writers. Hire your writer directly, without overpaying for agencies and affiliates! Check price for your assignment
14 bids submitted. Essay Example.

Delta Airlines Joins Major Carriers in Cost Cuts

Delta Airlines - the Atlanta-based company, has been a leader for the past 6 years in service, general revenues, and the customer service. After the Brexit vote, these airlines are taking different measures to secure their place in the Transatlantic market. Delta - was at the top of the Most Admired companies lists in 2016 by the Fortunes and ranked the first in the Business Travel News Annual Airline survey for several years. The company serves nearly 400 destinations in the 6 continents. Also, according to the June 2016 revenue report, it has a 42 mln. $ income increase comparing to June 2015. With the 80 thousand employees operating worldwide, these airlines provide a perfect service for almost 200 million customers each year. In the 2013 Delta made a strategic move to strengthen its position in the trans-Atlantic market and bought the Virgin Atlantic stake – British airlines with its head office in Crawley, United Kingdom.

However, the financial situation of the company has changed after the unprecedented Brexit vote. The Brexit vote made major enterprises respond to the foreign currency pressure. Among these transnational corporations, airlines are ranked as the most vulnerable to the situation in the aftermath of the British vote to leave the EU. Namely, officials of such giants as British Airways, RyanAir, and Delta have stated that the steep drop of the pound was a strong strike on their financial security. The geopolitical turbulence connected to Brexit forced these airlines to reduce flight capacity to the UK by 6 points. As a response to the new policies, Delta commented that with the additional foreign currency burden from the dramatic fall of the British pound and the financial insecurity caused by Brexit, Delta has decided to reduce 6 points of US-UK capacity from the schedule. Moreover, the Virgin Atlantic on the next day after Brexit made a statement, that in one night they lost nearly third of its value and lost an opportunity to negotiate an agreement, which would provide the UK with more jobs.

This is an example of one of many companies with the significant presence in the British market to take preventive steps against the consequences of the British vote. The current situation has already led to extremely low fares for the transatlantic flights. Moreover, the terrorist situation in Europe might even further shake the volatile situation for the Europe-US airlines financial cooperation. But still, Delta stays optimistic about its presence on the European market.

Delta Airlines - the Atlanta-based company, has been a leader for the past 6 years in service, general revenues, and the customer service. After the Brexit vote, these airlines are taking different measures to secure their place in the Transatlantic market.

Assignment ID
100000810
Type
CREATED ON
31 July 2016
COMPLETED ON
2 August 2016
Price
$29
This order has already been completed on Studybay
On Studybay you can order your academic assignment from one of our 45000 professional writers. Hire your writer directly, without overpaying for agencies and affiliates!
Check price for your Essay
Exchange rate determination
Essay, Information Technology
Price 30 $
Spontaneous human combustion facts
Essay, Information Technology
Price 30 $
Jack russel terriers
Essay, Information Technology
Price 30 $
A cross cultural study of school achievement
Essay, Information Technology
Price 30 $
The power of spoken word poetry
Essay, Information Technology
Price 30 $
Postoperative epidural analgesia
Essay, Information Technology
Price 30 $
Wise folks are assured that school should start later
Essay, Information Technology
Price 30 $
The role of the chorus in antigone
Essay, Information Technology
Price 30 $
Comparing civil and common law concepts
Essay, Information Technology
Price 30 $
Policies of american education
Essay, Information Technology
Price 30 $
Lord of the rings and mythology
Essay, Information Technology
Price 30 $
Forbidden city by william bell
Essay, Information Technology
Price 30 $
Studybay assignment progress timeline
Studybay is a freelance platform where you can order a Delta Airlines Joins Major Carriers in Cost Cuts paper, written from scratch by professors and tutors.
31 July 2016
User posted an order for Information Technology
31 July 2016
18 writers responded
31 July 2016
User contacted writer
31 July 2016
User hired writer who offered a price of $29 for the job and has experience doing similar assignments
2 August 2016
Writer completed order Delta Airlines Joins Major Carriers in Cost Cuts for 1 day, meeting the deadline
2 August 2016
User accepted the job right away and completed the payment
2 August 2016
User left a positive review
How to write a family history – what to start with?
Learning how to write a family history and why so many people are interested in this. Perhaps this article inspires you to write your own!
Cover letter on resume: there’s nothing simpler
If you have no idea of how to write a cover letter on resume, you’re bound to get familiar with this review. Read and grasp the job of our dream.
Creative Learning In 3d Modeling Education Essay
Education Creative is a subject of wind opportunity that is important at both the specific and societal levels for a wide range of activity domains. At...
Book Overview of Limited Church: Unlimited Kingdom
Religion Aaron Christiansen Rienow, Rob. Limited Chapel: Unlimited Kingdom. Nashville: Randall House, 2013. 336 pp. $22.99 Biographical Sketch of the...
Other assignments in this discipline
Network security concepts - cryptography
Coursework, Information Technology
Price 40 $.
It 10
Essay, Information Technology
Price 30 $.
It assignment
Essay, Information Technology
Price 30 $.
Own case study 345
Research Paper, Information Technology
Price 40 $.
Select own case study 2
Case Study, Information Technology
Price 40 $.
Write case study 1
Research Paper, Information Technology
Price 40 $.
Module 12 case 4
Other types, Information Technology
Price 40 $.
Technology trends
Essay, Information Technology
Price 30 $.
Mysql
Research Paper, Information Technology
Price 40 $.
Case study
Case Study, Information Technology
Price 40 $.
Comprehensive final
Other types, Information Technology
Price 40 $.
It week 9
Essay, Information Technology
Price 30 $.