Monarch Airlines SWOT Analysis, Competitors, STP & USP
SWOT analysis of Monarch Airlines analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Monarch Airlines SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Monarch Airlines to benchmark its business & performance as compared to the competitors and industry. Monarch Airlines is one of the leading brands in the airlines sector.
The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Monarch Airlines competitors and includes Monarch Airlines target market, segmentation, positioning & Unique Selling Proposition (USP).
|
Monarch Airlines | |
| Parent Company |
Globus Travel Group |
|---|---|
| Category |
Passenger and charter airline |
| Sector | |
| Tagline/ Slogan |
- |
| USP |
One of the world’s largest privately held airlines |
| Monarch Airlines STP | |
| Monarch Airlines Segmentation |
Primarily budget customers, and few leisure travelers |
| Monarch Airlines Target Market |
Vacation travelers, price sensitive passengers |
| Monarch Airlines Positioning |
Low cost to mid-range carrier |
| Monarch Airlines SWOT Analysis | |
| Monarch Airlines Strengths |
Below are the Strengths in the SWOT Analysis of Monarch Airlines: 1. Excellent customer service records with a capacity of 6+ million customers annually 2. Huge fleet consisting of 40+ large capacity aircrafts 3. Economies of scale in aircraft maintenance owing to single category fleet 4. Large geographical presence across 100+ destinations in Europe. 5. Strong online and social media presence 6. Cheap holiday packages |
| Monarch Airlines Weaknesses |
Here are the weaknesses in the Monarch Airlines SWOT Analysis: 1. Absence of small capacity fleet 2. Operating air-bases are cost ineffective 3. Declining customer traffic over last few years |
| Monarch Airlines Opportunities |
Following are the Opportunities in Monarch Airlines SWOT Analysis: 1. Procure smaller fleet for their charter services 2. Persisting global meltdown is favoring low cost airlines to flourish 3. Increasing geographic presence can open more opportunities |
| Monarch Airlines Threats |
The threats in the SWOT Analysis of Monarch Airlines are as mentioned: 1. Increasing fuel prices make low fare operations infeasible 2. Airbus’ inability to cater to Monarch’s order, stalling capital 3. Highly volatile fuel prices and rising air taxes in UK 4. Global meltdown encouraging rail travel within Europe |
| Monarch Airlines Competition | |
| Competitors |
Below are the top 2 Monarch Airlines competitors: 1. Ryanair 2. Easy Jet |
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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