EXECUTIVE SUMMARY
Yolo Airlines is a low-cost airline carrier that conducts its airline operations in the United States. The business operations are based on a low-cost structure and the airline is able to generate high returns as a result of the unique business model and efficacy in its strategic operation. The vision of the company is to become the most superior low-cost carrier airline in the United States market that provides not only a distinctive experience to all consumers but at the cost-effective rates for the products and services rendered. On the other hand, the mission of the company is to provide consumers with a cost effective product offering in terms of flights to different regions in the United States but at the same time offer them with services that match their high lifestyle in terms of comfort and also convenience. Unlike other airlines in the industry that utilize a hub and spoke business model, Yolo airlines make use of the point to point business model. Consequently, the company is able to offer the consumer base with quicker, more convenient and suitable flights as compared to majority of its rivals in the market. The target market of the airline comprises of fun-loving young urban professionals made up of upwardly mobile business professionals travelling to attend business meetings or unwind after a weeklong of work. The company faces intense competition in the market. The two key rivals of Yolo Airlines include Jet Blue Airlines and Virgin Airlines.
The Airline would be fully operational with a load factor of 50%. This is a lower break-even point than other companies have. The company’s ROI is likely to grow going forward as the company gains a footing in the industry. However, the company is likely to beat most established names in the airline industry. Whereas JetBlue continues to be a renowned Airline insofar as inimitable and attractive customer service is concerned, Virgin America has a resilient selling point which could also entreaty to our customers as well. There are a number of risks that the airline carrier faces in its operations. One of them includes terrorism, with airplanes being bombed and also others being held hostage in preceding periods. Secondly, there are aspects such as flight liabilities and also passenger safety. Weather patterns are not always predictable and have an impact on how planes are flown and therefore the company has to guarantee passenger safety. To guarantee this, the staffs are comprehensively trained on how to deal with a wide range of situations. Fuel costs are another significant risk factor owing to their fluctuations.
NON-DISCLOSURE STATEMENT
This business plan non-disclosure agreement is created and operational on April 26, 2018 by and between Client Name and Yolo Airlines.
Recitals
WHEREAS, Client Name has created an extensive business plan for Yolo Airlines, which comprises of particular confidential, trusted and copyrighted data and information;
WHEREAS, Client Name wishes to make the Business Plan created accessible to the beneficiary for the purpose of
1. Purpose 1
2. Purpose 2
And
WHEREAS, the beneficiary comes to an understanding to appraise, scrutinize, or attain the Business Plan solely for the purposes delineated above, and to otherwise sustain the confidentiality of that Business Plan in accordance to the terms and conditions of this Agreement.
NOW THEREFORE, in deliberation and contemplation of the abovementioned narrations and the shared assurances and benefits enclosed in this, the parties hereby come to an agreement as follows:
1. CONFIDENTIAL INFORMATION
Client name will make available a printed copy of the Business Plan to the beneficiary within 14 days of the signing of this particular agreement. In combination with the distribution and provision of the Business Plan, Client Name may reveal certain of its confidential and trademarked data information to the beneficiary. Patented data and information shall comprise all data, provisions, merchandises, know-how, computer software package, disclaimers, guidebooks, software, marketing plans, financial information together with other information revealed or surrendered to, verbally, in lettering, or by any other means, to the beneficiary by the Client Name. Any private information that is deliberated upon verbally shall be identified as such within 14 days of disclosure. Nothing herein shall necessitate client name to reveal any of its information.
BUSINESS INTRODUCTION
Yolo Airlines is a low-cost airline carrier with its operations centered in the United States. The company has been in operation in the market for a short span of time. The company has entered this niche market with the main objective of being differentiated from...
REFERENCES
Report Linker. (2017). Global Low Cost Airlines to 2021: Market overview and insights for low-cost airlines to 2021. PR Newswire. Retrieved 26 April, 2018 from: https://www.prnewswire.com/news-releases/global-low-cost-airlines-to-2021-market-overview-and-insights-for-low-cost-airlines-to-2021-300564017.html
Value Researcher. (2017). Southwest Airlines, Strategically Positioned For Long-Term Success. Seeking Alpha. Retrieved 26 April, 2018 from: https://seekingalpha.com/article/4147565-southwest-airlines-strategically-positioned-long-term-success
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