Jet Blue Key Indicators
Employment
Employment is an important economic indicator because this sack be a reflection of how the economy is doing. Information analogous total number of employees, regional employees, training, and turnover are reformative when determining trends in a company. JetBlues employment is essential in achieving their goals. JetBlue needs to monitor both employment and unemployment drifts in order to keep a balance. JetBlue Airways has an annual turnover rate of 4 percent, and Office Depot saw turnover take down in half when the company implemented a home-agent design (DeMaria, 2005).
People love working here. But make no computer error: JetBlue is not a cult of eternally smiling crewmembers, as employees are known at the airline. While no unions demand infiltrated the companys ranks, organizing efforts have remained a constant since the airlines inception in 1999, and one-time(prenominal) missteps in promoting employees with scant leadership knowledge to managerial posts proven temporarily damaging. Despite those issues, the overriding message and mission of this parvenu airline is to value its 7,000 employees and empower them with information (Tahmincioglu, 2004).
Fares (prices)
JetBlue makes the most gold from the fares they charge to customers. Prices vary from city to city. By keeping pencil lead of fares, JetBlue can predict both financial and economic trends.
shekels maximization can be achieved by knowing how healthy JetBlues tickets are selling. Knowing this information allows JetBlue to determine if they need to erect or lower their current fares. Prices can be modify depending on this information.
Revenues & Operating Margin
Operating revenue for FY 2004 was &1.27 one thousand thousand which represents a growth of 26.8% from the previous year; operating income was $112.9 jillion which was an operating margin of 8.9%. The operating margin is a standard of managements efficiency; it compares the quality of JetBlues operation to its...
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