KLM SWOT Analysis
KLM SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of KLM, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
KLM is one of the leading brands in the airlines sector. The article below lists the KLM SWOT and includes its target market, segmentation, positioning & USP.
In this article:
SWOT Analysis of KLM
For KLM, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
KLM Strengths
The strengths of KLM looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value.
A list of strengths is mostly the starting point in starting SWOT analysis. Below are the Strengths in the SWOT Analysis of KLM :
1. KLM is a very positive image amongst the customers
2. Besides Sky Team,KLM has code-sharing agreement with many other airlines
3. Good brand image because of KLM AirCares, a programme that aids underprivileged children
4. Average age of fleet is less which comprises 200+ aircrafts
5. Good advertising and branding have made KLM a top brand recall
6. Merger of KLM and Air France has made them a powerful force in the airline industry
7. More than 35000+ employees are with the airline
8. KLM has a reach to more than 140 destinations worldwide
KLM Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the KLM SWOT Analysis:
1. Intense competition means limited market share growth for KLM
2. Past accidents and incidents have often hurt the brand image
Read more about KLM
KLM Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in KLM SWOT Analysis:
1. Opportunities for KLM by expansion in the low cost carrier segment
2. More efficient aircrafts in development by both Boeing and Airbus: greater passenger capacity can lead to reduced costs per seat
3. Sustainable growth opportunities, it will help to gain access to any market that will increase the quality its network
KLM Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of KLM are as mentioned:
1. Government bailouts for competitors may lead to unfair competition also governmental interference with respect to consolidations is a problem
2. Local airlines could pick up short-distance non-business passengers thereby affecting KLM 's business
3. Increasing environmental concerns may lead to higher taxes
Similar to KLM
1. Air India
6. Qantas Airways
7. Lufthansa
10. Air France
11. Virgin Atlantic
12. United Airlines
13. Emirates
Hence this concludes the KLM SWOT analysis.
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About KLM
| KLM Overview | |
|---|---|
| Parent Company |
Air France-KLM |
| Category |
International |
| Sector | |
| Tagline/ Slogan |
Journeys of inspiration |
| USP |
KLM is one of the oldest airline in the world still operating under its original name |
| KLM STP | |
| Segmentation |
People looking for comfort and punctuality |
| Target Market |
Upper middle class urban |
| Positioning |
Oldest operational airline which has the maximum experience |
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.
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