Tuesday 15 July 2014

Opportunity and Threats Of WestJet

WestJet also have some opportunities and threats besides its strengths and weakness. In the growing world, with the advancement of technology competition is rapidly increasing which cause threats and opportunities to a company. Below, here are some opportunities and threats of WestJet airline:


OPPORTUNITIES:-
  • International flights are their next plan to exploit.
  • Since 1996, it is rapidly growing at enormous rate.
  • WestJet plan to begin the flights to destinations like Ireland and Bermunda. 
  • WestJet has a desire to be regarded as one of the top international airline across the world till 2016.
  • They are willing to start a loyalty program in which you can redeem points for.
  • A new fleet line of 53 airplanes will be introduced by the end of 2016.

THREATS:-

  • WestJet competes with the airlines like Porter airline, Air Canada and American airline which is the biggest threat.
  • Inflation in fuel is also a threat for WestJet.
  • WestJet has a small margin of revenue to its operation cost.
  • All Potential customers of the WestJet airlines face alternative options like bus lines, ferry services, train systems.

As WestJet has its threats but it still doing a great job. The business of WestJet is increasing with the passage of time. As it is well said that "no matter how many obstacles are there in your way, You just have to move forward and keep it right.


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