Q Assignment on MBAF 502- Quantitative skills for business indicating huge price variations in their product prices Home, - MBAF 502- Quantitative skills for business MBAF 502- Quantitative skills for business Introduction Air Canada can be regarded as the biggest provider of the schedule services passenger in Canadian market or the Transporter market of US and Canada as well as in international market from and to Canada. In 2017 the main line Air Canada has operated fleet of the 175 aircraft which included almost 75 narrow body Airbus, 25 Embraer, 73 Airbus of wide body aircraft 190 regional Jet and two Boeing narrow body aircraft (Canada, 2019). Air Canada has basically announced its transport and domestic network by capacity purchase agreement together with other regional Airlines. West Jet Airlines Limited is also one of the Canadian Airlines that was founded in 1996. It started being the least cost alternative to other major airlines under competition. It provides charter and schedule your services to almost 127 destinations within United States, Canada, Mexico, Europe, Caribbean and Central America ("About us | WestJet", 2019). Purpose of the paper is to analyse economic condition of Canada and how it is interrelated to the performance of Air Canada and West Jet Airlines. Various statistical measures have been used for describing the inter linkage between the financial performance of the two Airlines with Canada’s economic variables. Data Data which is mainly gathered about the two Canadian Airlines are- total revenues which is the quantity and total expenses which is the price. Quantitative data has been gathered from the websites of two airlines considered in this study. Secondary method of collecting data has been used as various journals carrying information about the airlines are considered. Simple index is basically ratio of the two values that represent similar variable as measured on the two distinct situations or under two distinct periods. For instance, the simple index number for price shall give a relative variation of price within the reference and current period. In the paper of variation between the prices of two Canadian Airlines have been shown with the help of three different index method calculations. Conclusion From the above study it is therefore clear that Air Canada and West Jet contribute much in the output of Canada however they have huge price variations in their product prices. Revenues or prices of Air Canada is higher than that of West Jet but also the expenses are higher. It is evident that both prices and quantities of the airlines had a huge difference in them. This can be the effect of sales and popularity of the airlines. However, expenditure must be less in order to increase the profit which is a pros in West Jet. According to the data, inflation rates had ups and down in Canada and as a result it had some impact on prices of both the airlines.
Related :- Q Woman Politician in India in respect of most influential politicians The assignment is about Woman Politician in India who firmly managed the State and its vulnerable tendencies & understanding Indian culture &political ideology Q Downfall of Emirates in Airlines Industry Assignment describes about reasons for downfall of Emirates being Increased fleet numbers, more routes with a recruitment plan that does not match rising demand Q Global Strategies for Business Expansion. his report discusses the challenges faced by the firm when going global in a given working environment while expanding their operations in a global environment Q Learnings from documentary Movies Assignment describes about the reviewing of documentary movies Enron smartest guys in room, margin call,bigshot, the insider with all the learning from same Q Analyses of Resources Resource scheduling is vital for the company through which Retail Store is going to increase its production by 10% and also it wants to open its 2nd location Q Marketing for Tesco Assignment describes that the management should comprehend with the market demand and in return, it will have a beneficial response too. Q UAE steps towards healthcare Assignment describes about the certain steps that can be taken in consideration by the government to improve its healthcare sector Q Contemporary Business Planning of Starbucks Above discussion says that strategic planning is very much necessary creates opportunity for the organizations for sustenance Q Physical impairment and deformity Millions of disabled women in India lead a life of extreme subservience under a male centric hegemony and reveals a sustained pattern gender bias. Q Business Development of e-Carbuy Business plan should convey very structure of organisation in a lucid manner so that every person who is involved in business of e-Carbut gets clear cut view