Originally Posted by
2rhalleron
Sorry I'm pretty stressed out at the moment so forgot to double check grammar. PESTEL is quite a general concept so I don't really know how I can make it more specific.
Originally Posted by
2rhalleron
Well in my research I am focusing on three types of Strategy: Low Cost, Differentiation and Niche
I have looked at the Failure of Laker Airways, due to losing sight of their strategy, which was originally Low Cost but tried to go more luxury.
I have Looked at Jet and Crude Oil prices and their affect on the industry and Ryanair's Cost Cutting Strategies.
I have looked at the affect of Natural Disasters (2010 Volcanic Ash Cloud) and Terror attacks
I have also researched M&A's (continental & United, IAG & BMI)
I don't understand what your exact plan is. Are you trying to come up with different events in time that have affected the strategies of airlines? If so, you seem to have listed a few recent ones. Others include the development of the internet (cut down the need for travel), the introduction of new airplanes (the 747, 380 and 787 all opened up new routes/traffic patterns), regulation/de-regulation and macroeconomics (travel expenditure tends to positively covary with economic conditions). The list can go on. As
aacharya said, I think you need to be more specific and introduce more structure into your thesis.
PS: I don't know what the goal of your research is. But I think it would be really interesting if you could say something like "In the past, we saw that airlines adapted to events X and Y by doing A and B respectively. Today, I forsee event Z happening. Because of the reactions to A and B in the past, I think that airlines will adopt strategy C if event Z happens."