Question: Use the TransGlobal Airlines Information document ( Information below ) to identify a strategic goal for the company s sustainability practices. Based on your understanding
Use the TransGlobal Airlines Information document Information belowto identify a strategic goal for the companys sustainability practices.
Based on your understanding and research about sustainability objectives and practices, where do you envision the company will be in years with respect to its sustainability measures?
Identify a KPI and corresponding target measures for the sustainability goal identified.
Recommend at least two performance improvement strategies that will help achieve the sustainability objectives of the company. Support your recommendations with a clear causeandeffect rationale.
Name: TransGlobal Airlines
Home Country: USA
HQ Location: Miami, FL
Size: employees
Age: began operations in
Customer Segment and Target Market
Class: global airliner with dominant US presence
Market: global
Destinations: destinations serving countries across six continents
Market segment: first class, luxury, business class, and economy
Global market share: ranked nd American is number one at
US market share: ranked nd Southwest first at
Retention: return customers
New customer growth: annually prior to COVID
Passenger kilometers: billion American is number one at billion
Major Competitors
All international and domestic US airlines
Company Leadership
Publicly held with a board, president, VP admin, CEO, CFO, COO, VP sales, division VPs subsidiaries
Current Financials
Annual gross revenues: $ billion
Annual net income: $ billion
Adjusted earnings per share of $ a increase yearoveryear
Delivery of new aircraft during the year
Number of aircraft in fleet, end of period:
Average age of aircraft: years
Domestic revenue grew in the last quarter on higher passenger unit revenue PRASM
and higher capacity. Domestic premium product revenue grew and corporate revenue
grew driven by strength in business and leisure demand through the holiday period.
Revenue and margin improved in all domestic hubs, with revenue up in coastal hubs and
in core hubs.
Atlantic revenue grew in the last quarter on higher capacity and a decline in
PRASM, driven almost entirely by foreign exchange rates.
Latin revenue grew on a increase in unit revenue and higher capacity. This
revenue improvement was driven by continued doubledigit unit revenue growth in Brazil and
Mexico.
Pacific revenue was down vs the prior year on a decline in unit revenue primarily due
to continued softness in China. This was a point improvement vs the September quarter on
improved trends in Japan.
Strategic Plans and Goals
The board of directors has recently approved a comprehensive plan identified as TransGlobal The
plan is the result of eight months of data collection, customer focus groups, leadership retreats, and
employee input.
The TransGlobal vision is to lead the industry in three critically important areas: safety, excitement,
and stewardship SES This SES vision has been translated into a collection of guiding principles and goal
statements:
SES Principles
o We will always treat our customers with respect.
o We will value our employees and business partners.
o We will innovate to provide our customers with the most forwardthinking and exciting
travel experience.
o We will build lifelong relationships with our customers.
o We will protect our planet.
SES Goals
o Safely reintroduce and promote the MAX aircraft
o Expand the fleet of regional aircraft with capacities below
o Upgrade the reservation and ticketing experience, including smartphone apps and
integration with apps associated with lodging, ground transportation, and attractions.
o Achieve top status in the Worlds Best Workplaces rankings currently not ranked in
top
o Reach netzero carbon footprint by
o Accelerate adoption of fuelefficient aircraft and alternative fuels.
o Expand use of carbon offset measures.
o Improve our Airlines.com safety rating from stars to stars.
o Build brand awareness and customer loyalty.
o Address workplace inequities and build an inclusive culture.
o Train every employee in the basics of FAAs SAS Safety Assurance System via hour webbased training.
The popular aircraft has been the subject of considerable controversy and safety concerns
worldwide.
ASSETS in millions
Current Assets
Cash and cash equivalents: $
Accounts receivable: $
Fuel inventory: $
Expendable parts and supplies inventories, net: $
Prepaid and other expenses: $
Total current assets: $
Other Assets:
Property and equipment: $
Operating lease rightofuse assets: $
Goodwill: $
Identifiable intangibles: $
Cash restricted for airport construction: $
Other noncurrent assets: $
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
