To become industry leader in the airline industry, the company cannot think of ignoring environmental factors. QATAR SOCIAL FACTORS Demographics 4. The PESTEL Analysis of Qatar Airways will take into account the most important aspects of Qatar Airways is a proud holder of 4 prestigious awards, viz worlds best business class, the best airline in the Middle East, best business class seat and best first class airline lounge at the 2018 Skytrax World Airline Awards. Qatar always offered innovative services to its customers with use of new technological development like cost reduction, improved customer experience, comfort, etc. 2. The effective implementation of law ensures the security and safety of lives and properties of people. Population (May 2008 est. Any information contained within this essay is intended for educational purposes only. Likewise, lack of freedom of expression, safety of migrant workers in construction industry, and limited rights of domestic workers have raised concerns and drawn criticisms from different human rights groups. Our academic experts are ready and waiting to assist with any writing project you may have. 48 hours is the maximum number of hours in a work week excluding breaks; however, during the fasting month (Ramadan) the number is reduced to 36 hours per week (Qatar Labour Law, 2021). Qatar has a discretionary system of law controlled by the emir, although civil codes are being implemented; Islamic law is significant in personal matters. Endangered species include the hawksbill turtle, green sea turtle, and white oryx. It has raised its profile in the international arena and is considered a middle power. Other significant nationalities living in the country are Arab, Indian, Filipino, Nepali, Bangladeshi, Egyptian, and Sri Lankan. SWOT Analysis of Qatar3.1 Strengths3.2 Weaknesses3.3 Opportunities3.4 Threats, 5. The State of Qatar is a peninsula located between 24o 27- and 26o 10- N latitude and 50o 45- and 51o 40- E longitude. Synopsis Understand the political system in UAE through analysis of key figures in the country and governance indicators. Competition from Emirates and Etihad airlines, wavering government regulation and policies, fluctuating fuel prices, political disputes, surrounded by combat zones like Syria and Palestine and passengers fearing terrorist acts are some of the major threats to Qatar Airways. Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. The six PESTLE factors sometimes overlap because they represent important and related elements of society. The country's score is in the low-risk nations band (30-40). Development of natural gas reserves and distribution deals, especially in the liquefied natural gas (LONG) industry. Need Strategic Analysis for this company? This positive current account balance indicates the Qatar is net lender to the whole world. This product is a country research report. Qatar Airways faces high competition from low-cost carriers, as these flights target the passengers traveling with low budgets. Reddit. For example, Qatar Airways has signed an agreement with Showtime Arabia and its new 560 satellite television systems. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. Here you can choose which regional hub you wish to view, providing you with the most relevant information we have for your specific region. The country has not accepted compulsory International Court of Justice jurisdiction. - Strategy, SWOT and Corporate Finance Report, Qatar General Insurance and Reinsurance Company SAQ - Strategy, SWOT and Corporate Finance Report, Qatar Islamic Insurance Company Q.S.C. New and latest technology is used in exploring the oil and natural gas (UK Essays, 2015). It has formed alliances with several different organizations to provide improved and unique services. They can make their economy strong with the implementation of various financial investments and start working at their own. It operates in more than 90 countries and it was declared airline in middle East and one of the top across the globe by international airline agencies. The legal system in the country combines both civil law and Islamic law. However, with increasing terrorist acts some of the countries have closed all means of communications and trade with Qatar. This website uses cookies to ensure you get the best experience. This report provides information about key macroeconomic indicators for Qatar. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Various airways companies are suffering huge losses as airways companies are not able to operate optimally due to these factors. Mechanization trend in the country. Trumps policy of banning travelers into the US from most of the Muslim countries (due to terrorist acts), the ban of laptops while traveling from middle east to the US, regional crisis, fluctuating fuel prices and high maintenance costs are all impeding the growth and affecting the overall economy of Qatar Airways. Annual Report 2017 - Qatar Airways: https://www.qatarairways.com/content/dam/documents/annual-reports/2017_Annual_Report_ENGLISH-WEB.pdf, 2. The unemployment rate in the country is 0.2% which is one of the lowest in the world. However, the division of class, and high cost of living are two significant social problems in the country. In nominal terms, the three sectors are expected to grow by 3.2%, 2.7% and 5.2%, respectively, in 2023. - Strategy, SWOT and Corporate Finance Report, Ahli Bank Qsc - Strategy, SWOT and Corporate Finance Report, HBK Contracting Company W.L.L. The headquarters of Qatar airways are situated in Doha, which is again a very attractive place to visit. The PESTLE Analysis highlights the different extrinsic scenarios which impact the business of the brand. It has been reviewed & published by the MBA Skool Team. A study of the major internal and external factors influencing Qatar Airways with the help of strategic tools like SWOT and PESTLE. You can use the following in your reference section in order to give credit to the source. Info: 1145 words (5 pages) PESTEL Example Published: 2nd Nov 2020. However, we may send you emails on our new reports and solutions. In 2022, Qatar governments revenue was QAR 323.529 billion whereas the expenditure was QAR 222.641 billion. You may also like reading SWOT analysis of Qatar Airways. Some customers also get attracted offers while booking their ticket which increases their level of satisfaction with the company. Qatar Airways established in 1993 is the state owned carrier of Qatar and a leading aviation player globally. The Government of Qatar has ownership interests in several economic sectors, including oil and gases production, petrochemicals, and the steel and fertilizer industries. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Qatar. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. MBA Skool is a Knowledge Resource for Management Students, Aspirants & Professionals. Noncitizens make up 75% of the workforce yet are discriminated against and sometimes mistreated. Reference this Share this: Facebook. Qatar Airways serves 350 other destinations by being a member of Oneworld global airline alliance. On February 24, 2010, Qatar and Iran signed a defense co-operation agreement in which the two countries stressed the need to expand their defense cooperation. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The current account balance for Qatar was estimated to be negative at USD 3.48 billions for the year 2016 and is expected to grow at a CAGR of 10.90% and reach USD 6.128 by 2022. Nokia is a Finnish multinational communications company. https://www.reuters.com/article/us-usa-qatar-airlines/qatar-agrees-to-financial-disclosures-in-spat-with-u-s-carriers-idUSKBN1FJ2NT, 5. The country has the income from the natural oil is about 800,000 barrels per day and now the country is looking for production of LPG. The PESTLE analysis is a handy technique to analyze the current external factors like political, economic, social, technological, legal and environmental and their effect on Qatar Airwayss business model, growth trajectory, its business case, and market strategy. There are two national gas companies, Qatargas and RasGas. U.S. companies interested in international opportunities should consider current trends and future projects in Qatar. Known for opulent flying, Qatar Airways primarily caters to passengers travelling internationally traveling passengers, who can afford business class. ): Infant mortality rate17.46/1,000 live births. This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. Major industries in Qatar and its contribution to GPD. UK Essays (2015), PESTEL Analysis of Qatar, available at https://www.ukessays.com/essays/economics/pestle-analysis-of-qatar-economics-essay.php, Lucintel (2013), PESTEL Analysis of Qatar 2013, available at http://www.lucintel.com/pestle_of_qatar_2013.aspx, Reuter (2013), Research and Markets: PESTEL Analysis of Qatar 2013: Qatar Significantly Expanding the Non-Hydrocarbon Sector, by Spending in Excess of $140 Billion Over the, Coming Decade, available at http://www.reuters.com/article/research-and-markets-idUSnBw175800a+100+BSW20131217, Designed by Elegant Themes | Powered by WordPress, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Tumblr (Opens in new window). This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for Qatar. Sales volume and new orders seen declining .Most real estate businesses expect a decline in sales.It is the worlds largest LNG exporter of more than 31 million metric tons per year this shows the huge demand for QATARS natural gas in the world. Based out of Doha, Qatar; the airline serves over 150 destinations globally as of 2017 with a modern fleet of close to 200 aircrafts. This product is a country research report. Qatar may look small, but in commercial terms it is a rising giant. Please note that you agree to receive email updates from us on our new reports and solutions. The Qatar government supported the airways to start various routes to renowned international destinations which made Qatar Airways the youngest airline to serve all six continents. For different referencing styles and detailed guidelines, please click here. Qatar Airways SWOT & PESTLE Analysis - SWOT & PESTLE.com. Religion: Islam (state religion, claimed by virtually all of the indigenous population). PESTLE analysis is a framework which is imperative for companies such as Qatar Airways, as it helps them to better understand market dynamics & improve their business continuously. Free resources to assist you with your university studies! It examines how the country is affected by the macro-environment factors and the strategies it has developed to seize opportunities and confront challenges. Examinations of the internal strategic factors like Strengths, Weaknesses, and external strategic factors like Opportunities, and Threats of Qatar Airways. Every customers requirement is unique. Subsidiaries, Partnerships and Collaborations Report. Copyright 2003 - 2023 - UKEssays is a trading name of Business Bliss Consultants FZE, a company registered in United Arab Emirates. This will lead to an increase in revenue of the airway in the long run. Qatar claims that it is developing into a constitutional monarchy but it doesnt allow political parties nor hold elections on a national level yet.Suffrage is currently limited to municipal elections (for both males and females aged 18 years or more). The economy of the country is strong as it is rich with natural oil and gas. Qatar Airways soars to top spot for worlds best business class: Business-friendly commercial procedures and political stability. The real GDP of Qatar is expected to expand by 18% in 2010 and it is still increasing with the enhancement of hydrocarbon revenue and support of the government to boost the economy. This section is available only in the 'Complete Report' on purchase. Qatar. As customers' needs are changing rapidly now, so the company should innovate in accordance to the needs of the customers to compete with the competitors. You aren't allowed to use any part of this example without properly citing it first. Below are the economic factors in the PESTLE Analysis of Qatar Airways: Qatar Airways has a very good economic position in the airline industry. Pages: 45 This article has been researched & authored by the Content & Research Team. Doha is a major city of Qatar which contributed 35.2% to the countrys GDP and comprised 42.8% of the countrys population in 2022, according to the GlobalDatas city database. Regulations such as laptop ban on passengers originating from Middle East destinations to United States, 1. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. This PESTEL Analysis of Qatar examines the political, economic, social, technological, environmental, and legal factors that impact the Country. The primitive concern for environmental protection that needs to be approached immediately by airline industry is excessive consumption of fuel and wastage of oil. The detailed table is available in the Complete Report. Furthermore, Qatar allows up to 100% of foreign ownership in agriculture, manufacturing, health, education, tourism, power, and projects involved in the development and exploitation of natural resources, pending approval from the Qatari Government. However, according to Amnesty International (2021) freedom of expression is restricted in the country. Qatar Airways is the official airline of the Emirate of Qatar. SWOT analysis, forecast, scenario analysis, and risk analysis of Qatar is also included in the report. Now government will have to build new hotels and apartment for the players and the spectators, who will come and enjoy with the world cup in 2022 (UK Essays, 2015). Women are not allowed to obtain a drivers license without the permission of her husband. Qatar is already the leading global supplier of LNG and output is expected to increase to 77 million tonnes per year by 2012. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Nanotechnology in fields helping to make best quality products at lower cost. Air, water, and land pollution are also significant environmental issues in Qatar. The SWOT analysis is a convenient technique to interpret the strength, weakness, opportunity, and threats and their repercussions on the current business model of Qatar Airways group. Global network coverage with huge modern fleet: Qatar Airways serves more than 150 destinations across the globe as of FY16. This report provides risk analysis for Qatar. In the Qatar Airways PESTLE Analysis, the environmental elements affecting its business are as below: As climate change has become a major concern worldwide. By analyzing these factors, businesses can make informed decisions about their operations and strategies Customized Solutions If you continue to use this site we will assume that you are happy with it. U.S. firms also report that industrial standards that are applied in Qatar are favorable to U.S. exports. Economic factors and their impact on Qatar. This is a comprehensive PESTEL analysis of Qatar (Qatar country profile). Qatar Airways was established in November 1993 and began operating in 1994. Mostly it is dependent on its Oil and Gas resources. Mining, manufacturing and utilities sector contributed 35.2% to the gross value added (GVA) in 2022, followed by the construction sector (12.6%), and wholesale, retail and hotels sector (9.1%). The population of Qatar may not be very high but Qatar has high per capita GDP, which indicates that people have high disposable income to spend on travel and other leisure activities. We hope the article PESTEL analysis of Qatar (Qatar country profile) has been useful. Political blockade of Qatar by other GCC nations to impact Qatar Airways, 1. Shariah law governs inheritance and child custody matters and favors men. A new municipality, Al Daayen, was created under Resolution No. It increased its stake in IAG, the holding company of British Airways, Iberia, Aer Lingus and Vueling,by about 4.34% to 20 percent. They are generous and hospitable. We work with our associate Global market research firms who are known leaders in their respective domains to obtain right market research solution for our customers needs, be it custom research or syndicated research reports. It should not be treated as authoritative or accurate when considering investments or other financial products. Oil and Gas industries are the major industries.Vodafone also entered the telecomm market. QATAR POLITICAL FACTORS Trading policy Administrative division Wars, terrorism and conflicts Elections and political trends Inter-country relationships Corruption Bureaucracy 2. QATAR TECHNOLOGICAL FACTORS Energy Communications View Show . . Attendance98%. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The airline followed all safety rules to ensure that various stakeholders are happy with the operation of the business. Qatar has set an aim to become the most open nation in the Gulf. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this. To export a reference to this article please select a referencing stye below: If you are the original writer of this essay and no longer wish to have your work published on UKEssays.com then please: Our academic writing and marking services can help you! The people have access to the internet and they use social media websites. This Persian Gulf Emirate is just larger than Connecticut and its population is less than 1 million.But its reform-minded government has ambitious plans to transform this peninsula into an international hub for tourism, finance, and education. It has been ruled by the House of Thani for a long time. https://www.scmp.com/magazines/style/travel-food/article/2157436/qatar-airways-soars-top-spot-worlds-best-business-class, 4. HVAC (Heating, Ventilation, & Air Conditioning), Macao Snapshot - PESTLE, SWOT, Risk and Macroeconomic Trends Analysis, Saudi Arabia Snapshot - PESTLE, SWOT, Risk and Macroeconomic Trends Analysis, Saudi Arabia PESTLE Insights - A Macroeconomic Outlook Report, Turkey PESTLE Insights - A Macroeconomic Outlook Report. Global construction sector currently driven by infrastructure spending as commercial property undergoes correction.Demand outlook for Qatars construction sector shows signs of improvement with increasing optimism on new orders.Profitability levels are expected to stay muted due to higher raw material costs.While income from oil, currently produced at around 800,000 barrels per day, accounts for most of the governments revenue, Qatars future economy will depend increasingly on gas. As a result, the energy-based economy is gradually shifting focus towards a tech and knowledge-based one. In case you want this report emailed straight into your email inbox, kindly share your details below. (commonly called MICE industry). The PESTEL analysis model proposed in the study could determine the extent to which the macro environment of a company provides suitable conditions to achieve the aims of the company. PESTEL analysis of Luxembourg (Country profile), https://eu.usatoday.com/story/money/2019/07/07/richest-countries-in-the-world/39630693/, https://www.worldometers.info/world-population/qatar-population/, https://www.worldbank.org/en/country/gcc/publication/qatar-economic-update-april-2020. Qatar was boycotted by Saudi Arabia, UAE, Bahrain, and Egypt in 2017. Qatar airways uses modern and efficient fleets which causes less carbon emissions. ): 1,448,446; males 1,096,815 (75.7%); females 351,630 (24.3%). In today's time, Qatar is undergoing a massive transformation under the National Vision 2030, in which it expects to achieve an advanced, sustainable, and diversified economy. The names and other brand information used in the PESTLE Analysis section are properties of their respective companies. Please refer to the Terms and Conditions and Disclaimer for usage guidelines. It often works on mitigating the differences between differing sides in the Middle East and beyond. Arabic is the official language while English is widely spoken as well. Let us start the Qatar Airways PESTLE Analysis: The political factors in the Qatar Airways PESTLE Analysis can be explained as follows: Qatar Airways administration is run by the government of Qatar as it is the national flagship of Qatar. During the 2016-2017 period, Qatar Airways became the third largest member of the alliance with International Airlines Group (IAG) subsidiary and British Airways, sharing revenue on the London Heathrow-Doha route. exchange specialized and technical committees, conduct joint campaigns against terrorism and insecurity in the region. We do not share your information with anyone. Scope of Qatar Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report. This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. During 2016-17 the airline added new destinations across Australia, continental Europe and the Americas. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. PESTLE Analysis of Qatar Airways examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. It offers high salaries as well. Top Quality. A study of the major internal and external factors influencing Qatar Airways with the help of strategic tools like SWOT and PESTLE. Government has developed their airline, which is now 5th best airline across the world. This PESTEL Analysis of Qatar Airways examines the political, economic, social, technological, environmental, and legal factors that impact the Airlines industry. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Other industries such as tourism and hospitality, Islamic finance, fertilizer production, agriculture, and fisheries are rapidly growing as well. Operation of most modern and efficient fleets reduces emissions. The Essay Writing ExpertsUK Essay Experts. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Qatar. Study for free with our range of university lectures! It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations. However, growing numbers of woman are receiving government scholarships to study abroad, and some women work in education, medicine, and the media. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The airlines boasts of 196-strong fleet of modern aircrafts which includes a number of the new generation and technologically advanced 16 Airbus A350-900 as well as 30 Boeing 787 Dreamliners. The oil reserve in Qatar is massive and equal to 13% of the global supply. A massive number of tourist attractions have been built that coupled with natural attractions, have increased the appeals of the country to both local and international tourists. For example, Qatar Airways is the latest carrier to slash its schedule as a result of the global coronavirus pandemic . Due to COVID-19, people now avoid travel due to fear of infection. Approach of this paper shows that researcher has applied each factor of PESTEL analysis on - Strategy, SWOT and Corporate Finance Report, Qatar Insurance Company S.A.Q. They give attention to their religion as huge number of population is Muslim and they have rich tradition and Islamic culture. However, its low-cost dominance in liquefied natural gas(LNG)export is now challenged by Australia, the USA, Egypt, and Mozambique (World Bank, 2020). We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. People really appreciate those companies which take initiative to protect the environment. - Strategy, SWOT and Corporate Finance Report. Copyright 2017 2025. It acquired 9.61% approx stake in it for $662 million. Customer perception of exclusive and premium service, 1. All rights reserved LCHW. Copyright 2023. March 10, 2010. If you liked any of these articles, please feel free to share with others by clicking on the social sharing icons provided. Qatar Airways became a fully government owned entity in 2014, with the country's sovereign fund, Qatar Investment Authority (QIA) buying the shares from its former prime minister and other shareholders.
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