IntroductionThe airline Air India is one of the largest airlines in India. It was founded by the famous TATA company and since its establishment. It has grown very well and has spread all over the world to different destinations. It has become a respectable brand in the airline industry with operations to 152 destinations. It has connections in 35 countries and currently has 137 fleets. This company becomes a joint stock company in 1946. The company has international and local routes and its performance is increasing day by day with the pace of good growth compared to other airlines in the area sectors and channels it is on working this airline. External Factors Affecting Air India Every company in the market has to face the different challenges and try to cope with the challenges to have a strong idea to stay and survive in the market. The market is becoming increasingly difficult and there are several factors that impact the company policies and strategies that the company is trying to apply. Some factors can be managed by companies' expertise and can be addressed. These factors are called internal factors, but there are some factors that are very difficult to deal with. They are out of the company's control but alternative actions can be taken to avoid the consequences of the impacts. To analyze the external factors affecting the airline Air India, you can use pestle analysis. PESTEL Analysis: Pestel analysis is the tool for analyzing the external environment of the company. It takes into consideration the different factors based on which the opportunities and threats can be analyzed and the action plan developed. Political Factors: In India, ...... at the heart of the paper ...... culture. Stakeholder Analysis on Air India: Stakeholder analysis is the analysis that indicates how the company deals with people who are directly or indirectly related to the company's operations. These are called stakeholders and include the employee, company, suppliers, buyers, shareholders, companies and other tax-related companies. Air India has taken this process with great effort and is very committed to the company and in every big event they are providing the reduced price to keep the customers with the company. On the other hand, this airline is providing huge revenue to the economy as the tax for which it has recently helped provide less taxes on the purchase of new fleets. The company varies between suppliers as fleet supply is not often, therefore the company focuses on the different suppliers who offer them the best price.
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