scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,262
Jet Blue Key Indicators Employment Employment is an important economic indicator because this can be a reflection of how the economy is doing Information like total number of employees regional employees training and turnover are helpful when determining trends in a company JetBlues employment is essential in achieving their goals JetBlue needs to monitor both employment and unemployment rates in order to keep a balance JetBlue Airways has an annual turnover rate of 4 percent and Office Depot saw turnover drop in half when the company implemented a home-agent program DeMaria 2005 People love working here But make no mistake JetBlue is not a cult of eternally smiling crewmembers as employees are known at the airline While no unions have infiltrated the companys ranks organizing efforts have remained a constant since the airlines inception in 1999 and past missteps in promoting employees with scant leadership knowledge to managerial posts proved temporarily damaging Despite those issues the overriding message and mission of this upstart airline is to value its 7000 employees and empower them with information Tahmincioglu 2004 Fares prices JetBlue makes the most money from the fares they charge to customers Prices vary from city to city By keeping track of fares JetBlue can predict both financial and economic trends Profit maximization can be achieved by knowing how well JetBlues tickets are selling Knowing this information allows JetBlue to determine if they need to raise or lower their current fares Prices can be adjusted depending on this information Revenues Operating Margin Operating revenue for FY 2004 was 127 billion which represents a growth of 268 from the previous year operating income was 1129 million which was an operating margin of 89 The operating margin is a measurement of managements efficiency it compares the quality of JetBlues operation to its competitors This gives them more flexibility in pricing httpbeginnersinvestaboutcomcsinvestinglessonslbloperincmarghtm Net Income JetBlue reported a
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA