Introduction Webjet Limited is major travel agencies of the New Zealand and Australia which provides various online services to the customers. The services provided by the Webjet includes ➢ Flight Booking (Domestic and International) ➢ Hotel Accommodation (Both Domestic and International) ➢ Holiday Package deals. (Both Domestic and International) ➢ Car Hire Service i.e.renting a cab (worldwide). ➢ Travel Insurance for the customers and the passengers travelling The founders of Webjet Limited are David Clarke, John Lemis and Allan Nahum. The head office of the company is located in Melbourne, Australia. The company was founded in the year 1988 and the same was listed in the Australian Stock exchange in the year 2000 through a reverse take-over deal with Roper river resources New Zealand. In between 2007 and 2010 the Webjet.com had been ranked as the most visited website by HITWISE TRAVEL AGENCIES. One of the major competitor of Webjet Limited in the recent years is Wotif.com which is an Australian Based website providing online services to the customers which is in similar to services rendered by Webjet. The head office of Wotif.com is located in Milton, Queensland. Overview of the Company’s Operation for the year ended 2013 Webjet Limited and Wotif Limited are into the same line of business. The major areas of comparison will be from the financial statement of both the companies for the year 2012 and 2013. For the year 2013 Webjet Limited has shown a net profit before tax to the tune of $ 11.40 million as compared to the last year profit of $ 19.30 million. Further, the net profit after tax of the company is $ 6.5 million in 2013 as against the $13.6 million in the previous year 2012. Despite of the decline in the profit the ... ... middle of paper ... ...sed 2014). Wikipedia. WebJet. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&ved=0CFgQFjAE&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWebjet&ei=Tt18U4PiGMjorAe_oIHwDg&usg=AFQjCNFBDyXiaoYUGtANETzuBogZiWjgyw&sig2=sudMwWYkFQXtTaJVWdOPnw&bvm=bv.67229260,d (accessed 2014). —. WotIf. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0CG4QFjAK&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FWotif.com&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNHbs7sSCk4XEUDKnWiFxYkGSK0ivA&sig2=tBKaTXQqcP_xJ7buFeCi3Q&bvm=bv.672292 (accessed 2014). Wotif. Wotif.com. https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CDwQFjAA&url=http%3A%2F%2Fwww.wotif.com%2F%3Fcountry%3DIN&ei=at58U7CGIsj4rQejpoGQCA&usg=AFQjCNEsxfnwYLisEMI2fJwRsUpUyW3TXA&sig2=tRyVBs1eIaIUFKtz72HaKw&bvm=bv.67229260,d. (accessed 2014).
From 2010 to 2011 there has been a 23.8% increase in gross fixed assets value. The raised funds through long term debts would have been used to enhance assets base of Speedster. This is a very positive sigh of future profitability and capacity of the company. Higher assets should be able to generate more cash inflow...
WestJet Airlines Ltd is a Canadian low-cost carrier based in Calgary, Alberta, that flies to most major cities in Canada and 11 cities in the United States. WestJet is the second-largest Canadian carrier behind Air Canada . The company's personality can be illustrated by its organizational structure, culture, values and the communication with the public and its employees.
While the company business strategy may be working presently, over time, minute comparable financials, ease of product imitation, and multiple core competencies will send jetBlue aircrafts and business crashing. Currently, jetBlue defines themselves as cost leader competitors but also differentiates their service with a unique business model. Attempting too many competencies is both difficult and rarely successful. The solution to cease this integrated struggle involves perfecting one core competency and increasing support among investors to amplify market share and provide a dominant competitive edge.
JetBlue needs to increase their liquidity to be closer to equal standing with Southwest. Operationally, JetBlue needs to decrease cost and increase asset turnover and utilization. Their focus would shift from profits and losses to improving liquidity while maintaining the current market share. Over the next five years, JetBlue can spend money on recruiting and training to help increase their efficiency and reduce the cost of operations. Measuring tools such as asset turnover and asset utilization can be used to determine if the company is being sufficiently efficient. Liquidity measuring tools such as the current ratio and the quick ratio can be used to determine how much ground they are making up on Southwest. JetBlue expects to increase their liquidity by paying off debt over the next five years to be closer in standing to Southwest. In addition, JetBlue expects to increase their efficiency and asset utilization to prepare for the increased capacity of flight upon merging with Southwest. Upon merging, both companies would expect results including benefit from economies of scale and scope, and reduction in operating costs or capital investments, thus
There are many valuation methods that could be used to evaluate this company. Finding a method that valuates the stand-alone value is difficult. The stand-alone value should be dependent upon the firm’s own assets and projected future income. We decided to evaluate this company based upon two methods: The Discounted Cash Flow Method and the Comparable Companies Method.
Cash flow throughout the company is broken up into cash generated by operating activities, financing activities, and investing activities. A company’s operating activities are typically what generates more cash and that stays true for J.B. Hunt. J.B. Hunt generated $873 million in 2015, a $226 million increase from the $647 million amount earned in 2014 (10-k, 22). This large increase occurred due to a few occurrences over the year. Over the year, J.B. Hunt had an increase in their earnings and they also collected much of their trade and income tax receivables (10-k, 22). Due to these primary reasons, J.B. Hunt generated more cash from operating activities during 2015. Compared to the amount of cash generated by the operating activities of
David Neeleman, CEO and director began JetBlue in 1999 and flying since 2000 after his previous airline company-Morris Air was brought by Herb Kelleher, the Southwest Airline founder. He signed a 5-year non-compete agreement not to launch another airline. Kelleher hired Neeleman at Southwest but was not happy with the structured environment he did not control and was fired (Essentials of Entrepreneurship p78).
To collect relevant data, the annual percentage change in net income per common share diluted, net income/net revenues, the major income statement accounts to net revenues, return on stockholders’ equity, the price/earnings (P/E) ratio, and the book values per share for each year numbers were examined. In order for Sun Microsystems to see a greater return in its bottom line assets, it must consider an alternative approach in operating its organization.
Airborne Express is an air-express transportation company that provides delivery of small packages and documents throughout the United States and to and from many foreign countries.
This report includes financial analysis of retail company ‘’Sainsbury’s’’, one of the biggest retail companies in the United Kingdom .The report examines the financial health of the business and evaluates the business performance by summarising the financial performance and applying financial ratios to further analyse the business’ financial . The financial analysis is displayed by analysing the information gathered from website ‘‘companies’ house’’. All the taken information contains income statements, cash flow statements and balance sheets. By the end of this report, a clear understanding of ‘Sainsbury’s’ financial analysis will be made, so that viable investment decision could be made accurately.
Qantas is one of the reputed and oldest airlines in the world. Qantas was born in Winston, Queensland in the year 1920. The abbreviation is Queensland and Northern Territory Aerial service limited. It is headquartered at Sydney one of the largest building block in Australia, it is worth 50 million Australian Dollars.
Booking.com is a website which offers the best available prices to its customers for accommodation all over the world. It is one of the most accessible and cost effective way of booking accommodation for the travelers. It provides deals with every kind of budget the travelers want to go for. Moreover, it is easy to discover, book, and enjoy the best places to stay by the travelers. During the start, it established its subsidiary under the name villas.com where it stated its major focus on villas.
The following report provides an accurate and informative overview of the nature of tourism, its history and growth, the structure of the New Zealand industry and the impact of tourism from a New Zealand perspective. The report will draw a conclusion which Highlights area of consideration in tourism planning.
Jet Airways was found in 1st April 1992 by Mr. Naresh Goyal and they started their operation after one year may 5th 1993, Jet began international operations from Chennai to Colombo in March 2004. The company was listed on the Bombay Stock Exchange