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Hong Kong Budget Airline Analysis

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Submitted By aprilhshi
Words 4127
Pages 17
Hong Kong
Budget Airline Industry Analysis

By Jaeyeong Ahn 1155032046 Xie Jianting 1155001899 Shi Weiran 1155002072
Tan Jiayi 1009609441 Gao Jingya 1155001997

TABLE OF CONTENTS

1. Introduction

2. Budget Airline Industry 2.1 Definition & Pricing Model 2.2 Common Practices to Lower Overall Costs 2.3 Development of Budget Airline in America, Europe and Asia 3. Hong Kong Market Analysis 3.1 Competitive Landscape 3.2 Major Budget Airlines in Hong Kong 3.3 Market Analysis 3.4 Target Customer Analysis

4. SWOT Analysis of Budget Airlines 4.1 Strengths 4.2 Weaknesses 4. 3 Opportunities 4.4 Threats

5. Analysis of Success Factors in Budget Airline Industry 5.1 AirAsia’s Success in Asia 5.2 Oasis’s Failure in Hong Kong 6. Conclusion

1. Introduction
In September 2013, Hong Kong Express Airways announced its plan to transform itself into a budget airline. Meanwhile, Jetstar, an Australian budget airline, has applied for an operating license in Hong Kong under the belief that there are abundant opportunities for growth in the budget airline industry. However, Hong Kong-based airlines Cathay Pacific and Dragonair strongly insist that the market is saturated, and that new entrants into the market will harm the airline industry as a whole. The purpose of this report is to analyze the prospect of budget airline industry in Hong Kong and to determine if it will be a worthy investment for potential investors. Our information sources include news, journals, dissertations and statistics from Center for Asia Pacific Aviation, which is the world's largest publisher of aviation information and analysis.

In preparing this report, we collected massive information to analyze the budget airline industry and market in Hong Kong, followed by a SWOT

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