SilkAir SWOT Analysis

Published in Airlines category by MBA Skool Team

SilkAir is one of the leading brands in the airlines sector. SilkAir SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of SilkAir:

SilkAir Strengths

  1. Meet the needs of the customers who want a reliable and safe flight for a competitive price
  2. Air tickets for short and medium haul destinations
  3. Explores more exotic destinations, without diluting its brand and pricing.
  4. Maintained annual double digit capacity growth, driven by the introduction of new 737-800s
  5. Nearly 1500 people are employed with the brand
  6. Popular frequent flyer program for loyal customers
  7. It also has Tradewinds Tours and Travel as its subsidiary
  8. The brand has been recognized with several awards

Above are the strengths in the SWOT Analysis of SilkAir. The strengths of SilkAir looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

SilkAir Weaknesses

  1. Limited global reach compared to larger international players
  2.  Increasing fuel and labor prices have made margins & profits very little

These were the weaknesses in the SilkAir SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

SilkAir Opportunities

  1. Long-haul low-cost operations can become core to long term evolution
  2. Partnerships can be expanded 
  3. Premium economy product should boost competitiveness

Above we covered the opportunities in SilkAir SWOT Analysis. The opportunities for any brand can include prospects of future growth.

SilkAir Threats

  1. Capacity growth has unexpectedly slowed since it took its first 737-800 in Feb-2014.
  2. Competition from Gulf carriers
  3. Overcapacity in the regional market

The threats in the SWOT Analysis of SilkAir are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Read Similar SWOT analysis

Hence this concludes the SilkAir SWOT analysis.

Continue reading more about the brand/company.

About SilkAir

The table below gives the brand overview along with its target market, segmentation, positioning & USP

SilkAir Overview
Parent Company

Singapore Airlines

Category

Airlines

Sector

Airlines

Tagline/ Slogan

A Joy to Fly

USP

Full-fledged airline with excellent service

SilkAir STP
Segmentation

Full-fledged airline travelling to several international destinations

Target Market

Business travelers and tourists wanting good customer service and comfort

Positioning

Best in class luxury and service with flights to destinations in SEA


This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

Browse marketing analysis of more brands and companies similar to SilkAir. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.

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