Introduction The Viao Area So Paulo, known by the great public as VASP Brazilian Airlines, was created in November of 1933, in So Paulo. The company at first was investor owned and its first planes were two Monospar, bought from an English airline. Even though it had a good beginning, the company had constant losses and the only solution to solve the crisis was asking for government help. On March of 1935, the So Paulo government agreed to help the company, not lending money but making it a public company owned half by the state and half by the city of So Paulo. The VASP owners agreed with that decision, because it was the only way to avoid bankruptcy. After decades under government control, in 1988, the So Paulo state told the press that it wished to privatize the company because it still had monthly losses.
On October of 1990, on a public auction, the VOE/CANHEDO group, represented by the Canhedo Group and the VASP employers, bought the company for US$44 million dollars. Until today, the company is owned by the VOE/CANHEDO group. After the reelection of Fernando Henrique Cardoso as President of Brazil, the brazilian central bank decided to devaluate its currency and the airlines suffered a lot because its debts were in US dollars. One of the biggest problems that VASP faced was that it had earnings on brazilian currency and had costs in US dollars. QUndergraduate Student of EPGE/FGV; E-mail: While VASP was facing all this trouble, in 2001, the low fare airlines boom arrived in Brazil. The GOL Linhas Areas was a mimic of Jet Blue 1. Its prices were at least 40% less than the airlines operating in Brazil and it did attract costumers.
The Term Paper on Company Description of Dewhirst Group Plc
Dewhirst Group Plc manufactures and distributes clothing and toiletries. Operations are carried out in the United Kingdom, Malaysia, Morocco and Indonesia. Manufacture of clothing accounted for 91% of revenues for the year ended 14th Jan 2000 and toiletries accounted for 9%.Competitor AnalysisDewhirst Group Plc operates in the Diversified Apparel Mfrs. sub-industry, which is a sub sector of the ...
The meal served inside the plane is quite simple, just cold sandwiches and cereal bars. VASP that could not compete with the brazilian biggest airlines, VARIG and TAM, now had a competitor: GOL. At the end of 2002, GOL passed VASP on the brazilian airline market, making VASP the 4th brazilian airline, after VARIG, TAM and GOL. Recently, one of VASP airplanes had problems while flying to Fortaleza airport, Pinto Martins. A week later, another airplane flying from So Paulo to Curitiba had problems after landing. The land crew tried to fix the problem and after it took off to continue the flight, the planes remained and the plane had to go back to Curitiba2.
One of the biggest brazilian newspapers said that the VASP fleet was from the 1970s. The VASP frequent flyers were shocked. Nowadays, VASP and GOL compete for the third place of the brazilian airline market. Methodology According to the microeconomics theory, the demand for a certain object depends on the price, the price of other similar object and the budget constraint. To help the study, the quality of services offered by the airlines besides the ones discussed above, we can include the frequency delay3 and flight time[Young(1972) and Anderson & Kraus(1981)]. Our aim will be to analyze how the quality of services can affect the demand for air transportation[Douglas & Miller(1974), Anderson & Kraus(1981) and Trapani & Olson(1982)]. A possible doubt that can come one your mind is how a passenger could measure the age of the airline that he is fixing to board.
The answer it is simple. An older airplane looks are not good. It looks like it had received a complete patchwork. Indeed, an old airplane with those kinds of looks could worry some of the passengers. The data analyzed will be about the Rio de Janeiro So Paulo flight, because its a major airline route. Three hundred thousand people use this route monthly. As discussed earlier, VASP tries to get back the thir d place of the brazilian airline market, so our data will just include GOL and VASP passengers. For the Rio de Janeiro So Paulo route, time is very important because the major part is businessmen.
The Essay on A Favorite Place I Like To Spend Time
A Favorite Place I Like to Spend Time Sometimes, when I feel tired and exhausted, I need a place for relaxation. Although there are many places, where one can feel relaxed, such as reading in a library with a cup of coffee, or sitting in a comfortable chair, covered with a cozy warm rug, holding a cup of fresh hot tea with scents of flowers, herbs, and jasmine and looking through the window, where ...
We will assume that t is the complete flight time, including flight time, time needed to get to the airport and the schedule delay4. Assuming that t is a function of F, the number of flights offered by the airlines composes it. (1) ( ); .
