Cargojet Navigating Air Cargo Monopoly and Expansion W Glenn Rowe Abbas Khambati
PESTEL Analysis
Cargojet, a US based cargo carrier company, has come a long way since it was founded in 2000. It is the leader in cargo airline industry with its operational capabilities across the US and several destinations globally. The company has made a name for itself by providing high-quality transport services with a focus on customer satisfaction, cost-effectiveness, and efficiency. Situation Analysis The transportation industry is highly competitive, with global players like Cargojet facing an uphill task in a highly s
SWOT Analysis
Air cargo is a huge business in the Philippines, accounting for about 35% of the country’s GDP, or $13.3 billion, according to the Air Transport Research Society. While 50 percent of the country’s trade is carried by trucks, air freight transportation accounts for 33 percent of all transportation in the country, according to the Air Cargo Association of the Philippines. The business is growing fast, according to the Philippine International Freight Forwarders’ Association. Its annual revenue grew
Porters Five Forces Analysis
The air cargo market is characterized by a scarcity of transportation services, leading to higher competition among cargo owners. According to the recent report by Global Industry Analysts, Inc. (Globeacom), “The Air Freight Market Outlook to 2016”, the global air freight market was valued at US$689 billion in 2012, expected to grow to US$1,047 billion by 2016 (2012-2016) (Air Cargo
Marketing Plan
“Air cargo operations are essential for supply chains and businesses that cannot easily afford to wait for trucks, ships, or rail. Cargojet is one of these businesses, and we’re currently expanding our operations to provide better access to international markets. In a very competitive market, air cargo players are always on the lookout for a competitive advantage. However, this means Cargojet also has to stay ahead. As an expert in air freight, we work closely with our customers to understand their needs and provide tailored solutions
Financial Analysis
“The air cargo industry continues to expand as more airlines increase capacity and competition intensifies. This has led to an oversupply of available slots, leading to airlines such as Cargojet’s, with a focus on reducing operational costs, diversifying from airline transportation into air cargo transportation. here are the findings However, the global supply and demand for air cargo continues to fluctuate, resulting in increased demand for a reliable logistics partner with the capability to expand globally while remaining cost-effective. Cargojet is such a firm.
VRIO Analysis
My firm Cargojet is navigating the monopoly crisis faced by its major competitor Air India. In the past two decades, Air India has acquired several airlines and become the largest carrier of the country. With a monopoly market, Air India’s business operations were very profitable and it could pay off high fees and fuel surcharges to retain its huge clientele. However, with the rise of the pandemic and the consequent economic downturn, Air India was facing immense financial trouble. To avoid this crisis, Carg