Competition in the Airline Industry

Competition in the ancestryline IndustryIntroduction to air passage industryThe air lane industry is a very competitory market, in the past 2 decades the industry lose expanded and still expanding its routes home(prenominal) and globally in the beginning escape cock path industry was partly presidency owned but in the recent years many privatization with air hose industry hurt taken place. D E L A G (Deutsche Luftschiffahrts-Akiengesellschaft) the low arnas first air passage which was on the 16 November 1909 this air duct was started chief(prenominal)ly with the government owned/assistance this airship manufacturers were the Zeppelin toilet and their head quarters was in Frankfurt. The two Ameri sewers named Rufus and Marriott tried to start the Americas first airline but the attempts were failed due to the airline catching fire. The five airline which was first started still exist these airlines are the oldest ones. KLM its the Netherlands owned, Avianca airlines owned by the Columbia. Qantas is Australians, Czechoslovakian Airlines operated by the Czech Republic, Mexi preempt Airlines by the Mexico. After the human race wars in that location was some inventions maintain been made and the demand for new(a) planes the designs and the techniques have greatly constructed and presently after the world wars the air rout throughout the europium have been set up since the past 15 years the airline route have became a baggiest necessity of both business and harsh peoples that it is hard to full of life without the air perish the main pros for the Air blend in is it reduces time and making the peoples to visit world in the affordable time.The airline industry can be categorized into four different and main Operations transnational This service take much than130 passengers and have them and can take anywhere in the world. In this category the business have its revenue for at least $ 1bn.National In this category it can take the passengers up to 150 and the business have its revenue for from $ nose candy m $1bnRegional The small companies which mainly accent on the flights with promptly halts and the revenue of this business is less than $ 100 m.Cargo The main focus of these airlines is to carry goods.Emirates (airline) introduction and its growthEmirates airline is the major airline of the UAE and it is the supplemental of the Emirates classify it is too the national airline of the UAE (Dubai) its major operations is from the Dubai International Airport. It was founded in the year 25th October 1985 The Hub of the Emirates airlines operates its run to the ninety six (96) destinations and active 56 countries and covering around 6 continents. The caller also operates the worlds ext rarityed flights to New York, los angles and other two states in Unites States of America including Houston (Texas) the cargo services of this airline is operated by the Emirates Cargo services Division at range the Emirates colle ction has more than 40,000 Employees Employed and it is the one of the decease 10 world class airlines in the world.Emirates group as a new and new(a) company faces problems back in 1980s when the gulf airways cut lot its flights to Dubai the rescue of help from the Dubai royal family invested $10 million in nightclub to begin, the head of the airlines was sheikh Ahmad Bin Saeed al Makhtoom and he is also the defer chairman since then the airlines have made its growth in the glide by and also have expanded its destinations.Emirates Airlines Growth and IncorporationEmirates group have made tremendous efforts to grow since 1990, research shows that Emirates is one of the fastest outgrowth airline in the world since the Emirates group have made partnership with AA (American Airlines) in 1994 it started providing the world class service to the passengers throughout the world soon after the partnership Emirates revenue turned to $634 M in the end of 2004, then after the airlines ordered 7 new Boeing 777 in 1996 cost about $1 Billion. In May 1998 Emirates enter into the consortment with Sri Lankan Air Lines to manage the airlines for 10 year In the year 2008 Emirates launched its nonstop flight to New York. In the year 2010 Emirates group have launched its flights to many new destinations in UK, Paris, Bangkok, Australia, and Saudi Arabia1. Do you flout with performance linked reenforcement strategy? Summarize the recent trends of reinforcement system in your musical arrangement or the organization you have chosen. Discuss its impact on productivity in your organizationPerformance linked riposte systemThe most important way to impress employees is only by reward to mete out the profits and allow them incentives by paying them bonuses the theory of reward system produces that this is the way the employees get out share in your dream when you fulfill their dream. The utensil of this system can make this possible. The reward system is not and payi ng the bonuses and letting employees shares in the stock options. It is more comparablely to do with promotions, benefits and other incentives which can motivate employees unfortunately many companies do not offer this which leads to the failure of their organization so all the employers and I should agree with the reward system to sustain in the market with the competitors. (Donna Dee prose P 33)The basal doctrine of reward system is that, you get what you reward the Employees. The main principle of management is things are done quickly if you reward the Employees, they shows positive carriage towards their works and their behavior changes if you reward them for their work. If you set a certain lead for the employees and when they achieve it reward them immediately failure to do so go forth affect the results in the future and never hold behind the employees rewards. consequently the main principle of motivation is by providing rewards and every organization should agree with this system for a successful organization.Benefits in on the job(p) with airline industry (Emirates)Individuals interested in finding a job which can tolerate a good career prospects which will provide the option to travel the entire world and enjoying all the benefits as a part of the Emirates group then its hard to find the better industry than airlines and specially workings for the Emirates one of the worlds best flight. There are number of benefits packages for the employees and career evolution programmers the group provides.In the further studies about the airline industry in the Unites States Of America there are nearly 100 airlines and 500,000 peoples are active by them many of the positions provide excellent benefit packages, Emirates as world class airlines travels to providing services in 56 countries and expected to be added more in 2010 creates more job opportunities than the USA and runs a great reward system.Emirates GroupEmirates Group as a world class airline provides a very wide range generous benefits to the permanent employees who are employed globally. The group follows a detailed research and analysis on compensation and benefits policies by doing so the group can retain the top talented employees.This case study provides the understanding of the total benefits working for the Emirates, the reward system the company includes the interchange and non cash elements.The Summary explains the basic elements of the Emirates group reward for the employees, this explanation for the compensation and reward system provides the information for the candidates working for the emirates group depending on what are their role and the unique skills and personality.The Najm award plot is the reward and recognition program me of the Emirates Group. The Najm (Star in Arabic) recognizes, motivates and awards employees that either display surpassing behavioral competencies (going the extra mile) or identifies organizational improvements (enhanced safe ty, reduced cost or improved revenue)Cash elements rewards in emirates groupCompetitive salary and approach through salary rangeEmirates employees enjoy the competitive salary into cash depending on the country they corresponding E.g. The employees working in Dubai and K.S.A enjoy the appraise free salary per month and rest all countries pays the normal revenue enhancement depending on their countys legislations. Salaries are paid depending on their role and knowledge and specialization that the candidate can input into the role, the group carries a research with the relevant businesses and reviews on regular basis in order to remain competitive in providing the rewards to their employees. Employees receives the increase in salary range by the company when the responsibilities have been increased it is provided to keep employees motivates as money is a biggest inducing and used to divert route of employees to a desirable direction.AllowancesThe Group provides the accommodatio n for their employees or they give out the alterations for accommodation and it also provides the transport valuation reserve or transport. The candidates in specific roles are only eligible for this role. advantage share aimsThe company runs the profit share schemes to the employees depending on the financial statements of the group. apology in exchange rate schemeThe employees who works in the UAE their 50% of the salary is protected against adverse exchange rate towards dirham and your bills classificationProfessional allowanceFor the employees who possess the specialization skills company runs the scheme of recognizing their talents.Non Cash elements rewards in Emirates GroupAnnual leaveThe company provides 30 days of the annual leave excluding the public holidays. The annual leave will increase depending on the length of service. summit/pension schemes play along runs a gratuity/pension schemes depending of the labor law rules and regulations of the country they work/ live in. For example in UK, if an employee signs up for the pensions Schemes familiarity deducts certain amount and pays monthly pension after the retirement age. The UAE labor law the employees are provided a gratuity on the end of service.This type of service is available to the candidates depending of the conditions like of employment and circumstances.Free holiday ticketsFree holidays tickets are provided to the employees and their dependants/family for the destinations of their holiday and also runs schemes that employees can buy a ticket for the families and friends on the discounted fare.Education allowancesCompany provides financial support for their employees towards their tuition fees for the employees who are on senior positions to hire them to requisite job skills besides these childrens of employees are allowed to claim the education allowance for the time of entire time of service.InsuranceInsurances like Medical, Dental, life and apoplexy are provided to the employees t hroughout the length of service they are with the company.Provident financesOn leaving the company employees are provided the provident fund that they have been saving throughout the service company decides either to pay the Gratuity or provident fund whichever is the higher the provident fund is like the long time savings of an employee with the company employee have to contribute 5% and company inputs 12% of the basic salary.Emirates cardEmirates employees enjoy the privilege of creation an emirates employee they can enjoys the benefits throughout the 1000s of outlets of the emirates group in UK and around the world.Additional reward system in Emirates GroupRecognition reward from supervisorsEmployees with emirates enjoys the rewards from the supervisors when they feel the look upon of the candidate that they are performing consistently this the simple way to say thanks by words or by writing a thanks giving letter or by providing them an appraisal.Bibliography1. The industry h andbook Airline Industry available at www.investopedia.com accessed on 21 February 2010.2. united reward system you get what you reward available at www.1000ventures.com accessed on 22 February 2010.3. Donna, D.(2007) How to recognize and reward employees 2nd ED. New York AMACOM.(PP 61)4. The Emirates Grout Company Overview Available at www.theemiratesgroup.com accessed on 23 February 2010