STELLA international airways
What do we do well?
Where do we need to improve?
- Heavy maintenance costs
- Heavy dependence on third party providers
- Heavy staff costs
- Safety record
- Mastery of Europeans routes
- Reputation
- Large fleet (250 aircraft)
new strategy
- Reduce the cost of the staff by 5% by 2021 to be able to compete against our competitors and increase our online presence (investments on for example chatbot)
- Buy new airplanes such as Boeing 737 Max or Airbus A320 Neo to reduce our fuel costs
- Open new routes towards Asian countries
- Dual Brand strategy with Cathay Pacific in order to move upmarket
- Make long term partnerships with our third party providers
- Thanks new technologies and ways of communication, we will increase the planes' occupancy rate
- Develop a frequent flyer program
What are our goals?
What obstacles do we face?
- High airport taxes
- Emission regulations
- Increase in aviation fuel
- Intense competition from LCC
- Geopolitical tensions (oil price)
- Adverse weather conditions
- Economy of scales
- Asian market
- Dual brand strategy
- Technological expansion
- Growing global population
- Better use of internet for marketing / ticketing