Asiana Airlines is one of the leading brands in the airlines sector. Asiana Airlines 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 Asiana Airlines:
Recipient of Airline of the Year award at world Airline Awards
Apart from serving destinations on 4 continents, it serves major cities in China, Japan, Southeast and Central Asia thus having a strong hold in these regions
Its single type fleet reduces its maintenance fee
Good presence as a low cost carrier
Above are the strengths in the SWOT Analysis of Asiana Airlines. The strengths of Asiana Airlines looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Asiana Airlines Weaknesses
Lacks its own maintenance, repair and overhaul (MRO) facility, which serves as its competitive disadvantage.
Government interference brings limitations to certain extent
These were the weaknesses in the Asiana Airlines SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Asiana Airlines Opportunities
It can commit into partnership with numerous less costly airlines to enjoy their added benefits like landing slots, landing rights and brand name.
Rising population of Asia (middle class) will provide bigger market and greater opportunities for low cost Asiana Air lines.
More visibility through sponsorship and advertising
Above we covered the opportunities in Asiana Airlines SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Asiana Airlines Threats
There is a user’s perception that Asiana air lines compromise on servicefor keeping their costs low
Many FSCs have modified their entire operations structure to minimize air fare and these can be a huge competition
Rising Fuel and labor costs make it difficult to provide quality service at low cost
The threats in the SWOT Analysis of Asiana Airlines are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Founded in 1988 and yet have received many awards for its excellent service
Asiana Airlines STP
Price sensitive travellers
Price conscious travelers from upper middle class
Low Cost Carrier
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