6-1 Milestone Two Performance Analysis

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Southern New Hampshire University *

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620

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Business

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May 3, 2024

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docx

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Gabriella Nogues Southern New Hampshire University MBA-620-Q1786 10/28/23 6-1 Milestone Two: Performance Analysis TransGlobal Airlines is a global airline company that started in 1951. Their home base is in Miami, Florida, however they provide international flights to 242 destinations. They service 52 countries across the world. They have over 40,000 people currently employed with the company. Recently the board of directors has approved a comprehensive plan called TransGlobal 2030 which was the result of research, customer feedback, and employee input. The company plans to use this initiative as a new start for the company with the acquisition of a smaller company. Since this new initiative was created with employees in mind, it can be assumed that the company values their employees’ opinions. This also means that employees feel comfortable with their leadership, that they are able to speak freely about any comments or concerns. With the introduction of the safety, excitement, and stewardship (SES) vision, the company wants to put their customers are the center of their priority. They want to create a culture where their employees are valued, as well as their business partners, and address workplace inequalities for an inclusive workplace culture. The company plans to achieve the goal of reaching top-10 status
in the 2030 World’s Best Workplaces rankings, however the company is not even ranked in the top 100. Overall, currently the company is doing well financially, as domestic, Latin, and Atlantic revenue all grew in the last quarter. However, Pacific revenue decreased 0.5% compared to the prior year due to the relations in China. The company currently has over 30 million in assets which include items like property and equipment, accounts receivable, and prepaid expenses. Current liabilities total around 28 thousand, including stockholder equity. TransGlobal has a current annual gross of 20.7 billion, along with an annual net income of 2.1 billion. There has also been a 28% increase year over year for earnings per share of $3.22. The following information is a report based on the information for TransGlobal Airlines using the PESTEL method. This is being used to analyze the internal and external business environment of TransGlobal Airlines to determine the business environment. P – Political: One political factor for TransGlobal would be regulations regarding international trade and travel. One of TransGlobal’s more appealing qualities is that they have 242 destinations which include 52 countries in 6 continents. Should politics change, different international regulations, this may be hard for TransGlobal to service people looking to travel to different countries. E – Economic: One major economic factor would be that of fuel prices. Without the fuel to properly fuel their aircraft, there will be no travel and could potentially leave the company at a standstill.
S – Sociological: The biggest factor in the sociological component would be that of the customers themselves. Without customers the company would not be able to have a business, and typically they want their customers to have a good perception of the company. T – Technological: Any type of technological advancement would be a positive factor for TransGlobal, because it would increase all airline efficiency. This could be anything from a customer purchasing their ticket through an app, to check-in online to the airline controls and avoiding congestion. E – Environmental: For environmental reasons, this could include any type of unwanted weather behavior. This can be tornadoes, hurricanes or simple thunderstorms. All negative weather behaviors make it almost impossible for aircraft to have visibility and then there would be a safety issue. L – Legal: Like politics, international trade and regulations could greatly impact TransGlobal. Whether it is for the customers to travel to other countries, or to how parts are acquired if they are located in different countries.
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