A Corporate Structure Of Lufthansa Essay

comprising Boeing, Airbus and Bombardier aircraft from full-size long-haul aircraft to smaller short haul aircraft. The Group offers services across a network spanning 182 destinations in 44 countries

According to the Bureau of Transportation Statistics, the airline industry experienced losses from 2001 to 2004. In 2005, the industry was profitable for the first time in four years and stayed profitable through 2007. The economic and financial crisis in 2008 took a toll on the industry, causing a few airlines to file bankruptcy. The improvement of the economy in 2009 and 2010 helped the industry get back to profitability. Airlines were using tactics to increase revenues, including charging baggage fees, charging for food and drinks on board, and some airlines charged additional fees for seats with more leg-room. The large increases in revenues helped to offset the higher fuel costs, helping the companies achieve profitability.

According to company sources, Boeing business structure relies on a complex matrix system of management that operates through divisional managerial cells, comprising a senior vice president and adjacent regional managers for each business division, where each cell functions individually as a team to regulate and control each department of business operations under its division, and maintaining a constant flow of communication to ensure the fruitful functionality of the overall business operation. The matrix structure prevents the overload of the highest management levels with the most general operational decisions. The company has also implemented the principles of vertical and horizontal structure to help meet its organizational goals

Corporate group is one of the most popular business structures in Australia. To be popular is because forming subsidiary companies will bring a lot benefit for parent company, such as reducing business risk, separates working duties. The famous Salmon’s case identify that each subsidiary company should stay as separate entity, after the court determine agency relationship is not exist between corporate groups. Thus corporation veil should apply on the subsidiaries in order to stop third party to review company’s detail information. Unfortunately, until now there is no official procedure provided to regulate the agency relationship. Therefore, how to testify cooperate veil in agency grounds becomes an arguable concept. Indeed it is unsurprisingly to find out piercing corporate veil is also a vexed issue to decide. In this report, there are two major parts. The determination for agency relationship including overwhelming control from parent company and poolling provision provided will be presented in the first part. Then in the second part we will list in certain condition such as using subsidiary company to make fraud or breach the duties and more importantly when there exists agency relationship between parent and subsidiary company will causes the result as lifting corporate veil.

While it is difficult, to some extent, to evaluate the success of a merger that is only just now entering its final implementation phases, it is known that the objective of that merger was to use the larger route network to attract more business, and that the combined airline would also extract cost savings as the result of increased operational efficiency. The airline had struggled in 2009, with its sales declining, but it recovered in 2010 and 2011. Sales last year were $33.678 billion, up from $21.068 billion the year before. In the past two years, the company has turned a profit, going from $253 million in net income in FY2010 to $840 million in net income in FY2011. Some of this improvement may stem from the impact of the merger. However, the airline industry is highly cyclical, and the past two years have represented economic improvement. Likewise, the losses the company faced in FY2008 and FY2009 were as much the result of the economic downturn as they were internal business factors.

The situation of the U.S airlines has been affected by a number of factors through time and is not a secret that has been passed by moments difficult, especially in the economic part. One of these factors were the terrorist’s attacks of 911. No other event in history has changed the way of doing business that the fateful events of September 11, 2001. Apart from the significant human loss, the millionaire impact to the economy of New York and in the United States and multi-million dollar expenditure associated with the global war against terrorism, attacks on the World Trade Center (World Trade Center or WTC) in New York and the Pentagon trembled the authority of the United States, at a time when it was going through a recession. All this made

Lufthansa is the largest airline in Europe in terms of passengers carried. By 2002, Lufthansa had become of the strongest airlines and top aviations groups in the world. Lufthansa had undergone a decade of fundamental change. Lufthansa was transformed from a state-owned, unprofitable national airline into one of the most profitable, privately owned aviation groups in the industry. The group turned a record loss of €350 million in 1992 into a pre-tax profit of €952 million in 2002. This financial result reflected Lufthansa’s major competitive advantage-its ability to respond rapidly, act flexibly, and withstand crises. Lufthansa proved its unique change management competence when it coped with September 11th, the

In 2013, Southwest repaid $611 million to Shareholders through repurchasing $540 million (roughly 38 million shares) in stock. LUV was nominated as Southwest’s stock exchange symbol to represent its home at Dallas Love Field (KDAL), as well as the theme of Southwest’s relationship with their customers ("Southwest Corporate Fact Sheet - Southwest Airlines Newsroom," n.d.).

All these factors have allowed Alaska Airlines to rise and remain financially stable. The airline is one of few that weathered the 2000s financial crisis well, and avoided mergers when so many others have been forced into such actions. This report will analyze these factors and related them to Alaska’s current financial performance. It will then make recommendations to maintain profitability, and predict future airline status.

In this report, I am going to evaluate the influence of different stakeholders exert at Mercedes Benz. The stakeholders I will be discussing is the owner of the business, customers who buy cars as they provide good quality of service, employees who help the business to perform well and making profits and the Government who support Mercedes Benz because they have been running successfully throughout the years so they want to invest money to further develop the business. On the other hand, I will make the following points in my report is by commenting on the level of influence that each stakeholder exerts on Mercedes Benz. I will also be referring to evidence from different sources for the comments that I make. I will state the strengths and the weaknesses on the influence of different stakeholders. Also, I will make recommendations on how Mercedes Benz can do to overcome the weaknesses which can affect their performance. At the end I will write a conclusion by summarising what I wrote in the report, which stakeholders have the most influence and which stakeholders have the least influence in Mercedes Benz.

Some of the historical airlines, like Sabena and Swiss Air, could not withstand the economic depression closing down or not running on full service (The Economist, 2001). Whereas 'EasyJet publicized 82% rise in profits overcoming successfully the difficult times of September 11th' (The Economist, 2001). These

4. Several major airlines filed for bankruptcy. Many airlines significantly decreased their capacity, reduced their routes and postponed purchases of new aircraft. Some airlines reported a 50% reduction in routes and flight frequency. All these events provided opportunities for the low-cost carriers not only to increase the number of flights but also to introduce services on new routes.

According to the latest statistics given by the International Air Transport Association (IATA), the airline sector will post a profit of $9 billion in 2011. After the recent credit crunch, economies are now coming back to normal, business travel is increasing and investments in the airlines are now rising.

Style. Class. Color. These words best describe one of the most successful airlines of the 20th century. Braniff International Airways began as a small commuter/airmail company and grew into the worlds most prestigious airlines in the 1950s and 1960s. Braniff was bold in its quest to revolutionize the airline industry, however, many factors contributed to the bankruptcy of Braniff Airways in 1982. How could such a large airline go from successful to bankrupt in just a few years? The largest of these factors were the Deregulation Act of 1978, the Energy Crisis of 1979, and poor business decisions following deregulation. These two external factors will be discussed following a brief history of the airline.

In terms of Management and Superviosry structures, Deutsche Lufthansa AG (DL) is a typical German Company. Company Mangement and strategic direction vest with The Executive Board. In doing so, the aim is to increase Company value sustainably. The Executive Board is appointed, supervised and advised by The Supervisory Board. The parent and