Introduction, Vision, Mission, Goals and Obsjectives of Continental Research Paper

Introduction, Vision, Mission, Goals and Obsjectives of Continental Airlines - Research Paper ExampleUAL has the worlds widest global route, because it ordure travel in the U.S., Asia?Pacific, Europe, Middle East, Africa, and Latin America (UAL, 2011, p.4). UAL has 5,600 flights a day to more than 370 U.S. domestic and worldwide destinations from the Companys usual routes at Newark Liberty world-wide Airport, Chicago OHare internationalistic Airport, Denver International Airport, George Bush Intercontinental Airport, Hopkins International Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport, and Washington Dulles International Airport (UAL, 2011, p.4). When regional operations are added, United has around 3,200 flights a day to more than 235 domestic and international places since January 1, 2012 (UAL, 2011, p.4). UALs present strategy is unbundling existing products and serve, enhancing value?added products, and pro viding customers with great flexibility and choice in choosing the products and services they are ready to buy (UAL, 2011, p.38). The company also aims to come in in technology that helps assist customers with efficient self-service tools and enables the company to make high-quality operational decisions, while lessen operating cost (UAL, 2011, p.38). UAL posted a net income of $840 million in 2011, which is 232% higher in 2012 (UAL, 2011, p.32). ... unmatched of UALs existing goals is to earn $1.0 billion to $1.2 billion in net annual synergies on a run?rate basis in 2013, including between $800 million and $900 million of annual revenue synergies from its union (UAL, 2011, p.4). In order to attain this goal, its objectives are to expand customer options, to attain greater scope and scale, to optimise fleet operations, and to expand services (UAL, 2011, p.4). UAL also wants to control sack prices through hedging future fuel requirements (UAL, 2011, p.14). Nonetheless, the Co mpanys hedging programs whitethorn employ noteworthy amounts of cash, because of the posting of cash collateral in several instances, so it might not be effective in controlling fuel costs and may be restricted due to market conditions and other reasons (UAL, 2011, p.14). Moreover, considerable reductions in fuel prices may augment the costs related with the Companys fuel hedging arrangements to the degree that it uses swaps or collars (UAL, 2011, p.14). Swaps and sold-put alternatives (which belongs to a collar) may obligate the company to soften to the counterparty upon decision on the contracts, if the cost of the commodity hedged goes to a lower place the agreed upon quantity (UAL, 2011, p.14). Falling crude and other prices may result to significant amounts of collateral to pay for these swaps (UAL, 2011, p.14). Furthermore, UAL aims to reduce operational costs by promoting website use for customers and enhancing the capabilities of the company website (UAL, 2011, p.7). It se eks to improve availability of new services and ease of access at its website (UAL, 2011, p.7). Moreover, UAL is pursuing different actions to decrease its carbon