Due to COVID-19, people now avoid travel due to fear of infection. Qatar Airways also increased its stake in International Airlines Group (IAG) in 2016 to 20.01%. 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. This positive current account balance indicates that Qatar will remain a net lender to rest of the world till 2027. It has vast reserves of oil and it is main source of income. - Strategy, SWOT and Corporate Finance Report, Doha Insurance Company QPSC - Strategy, SWOT and Corporate Finance Report, Qatar Airways Group Q.C.S.C. M Market Research Reports and the M Market Research Reports Logo are registered trademarks of Market Research Reports, Inc. Disclaimer: Market Research Reports, Inc. has no affiliation to, and is not associated with any other website(s) or organization(s). Pestle analysis of qatar - 1999 Words Essay Example Analysis on economic activity, investment environment, and trade structure of the country. The SWOT / TOWS analysis of Qatar Airways is a structure to evaluate the internal and external factors that influence the companys micro and macro environment. As Cathay Pacific Airways is also a fellow member of Oneworld alliance and is one of the strongest Airlines of the world, this alliance has given Qatar Airways huge growth potential. There are two national gas companies, Qatargas and RasGas. Findings of the research and PESTEL analysis are also result of researcher's observation from real life since the author has lived and worked in Hospitality sector in Qatar for more than. Qatar Market Research Reports, PEST Analysis and Industry Trends In order to control the influx of expatriate workers, Qatar has tightened the administration of its foreign manpower programs over the past several years. Qatar National Bank (QNB Group) SWOT & PESTLE Analysis | SWOT & PESTLE - Strategy, SWOT and Corporate Finance Report, Ahli Bank Qsc - Strategy, SWOT and Corporate Finance Report, HBK Contracting Company W.L.L. 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. Copyright of Qatar Airways SWOT and PESTLE Analysis is the property of Barakaat Consulting. Critical examination of the PESTEL Analysis Model Qatar Airways soars to top spot for worlds best business class: This section is available only in the 'Complete Report' on purchase. PESTEL analysis of Qatar (Qatar country profile) - howandwhat 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. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers., COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. Along with providing the countrys snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business. Cuts down my effort to surf through heaps of redundant data.-Alexandra MookiMajor in Business Administration, Carnegie Mellon University, This website has an amazing support team. IT companies collaborating to access the market. Adoption of new technology helped the company in increasing its customer base and at same time increase financial performance of the business. You may also like reading SWOT analysis of Qatar Airways. Thus, Qatar Airways is now a fully Qatari government-owned entity. This deal was prompted due to the decision of Britain to part ways with the European Union. This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. Holistic Analysis This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. This report contains the table contents only. Private sector61.2%; mixed sector28.5%; government5.6%. This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. People are pleased with the facilities, which are provided to them and government has good relations with all neighboring countries and other developed countries of the world (UK Essays, 2015). Also, Qatar has a stable currency and the country imposes no foreign exchange controls. War in Russia and Ukraine, loss of market opportunities in Russia & Ukraine, increasing defence spending , increasing interest rates , high inflation , high government debts , technological changes such as . Multi-billion dollar projects in numerous sectors in the coming years. This is a comprehensive PESTEL analysis of Qatar (Qatar country profile). 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. So, the demand for air travel has also increased and due to a greater number of flights operating around the world which have increased the carbon footprints of the airline industry. Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure. Qatar has set an aim to become the most open nation in the Gulf. 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. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. Economic factors and their impact on Qatar. It examines how the country is affected by the macro-environment factors and the strategies it has developed to seize opportunities and confront challenges. Qatar was ranked 33rd out of 153 nations in the GCRI Q3 2022. 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. This has really put a very adverse impact on the whole airline industry. Known for opulent flying, Qatar Airways primarily caters to passengers travelling internationally traveling passengers, who can afford business class. Qatars political dispute with GCC members to affect Qatar Airways, 1. Pages: 45 Disclaimer: This is an example of a student written essay.Click here for sample essays written by our professional writers. Business-friendly commercial procedures and political stability. But the municipalities have no powers and they can just give the advice to the Minister. Mechanization trend in the country. The study was done in order to apply PESTEL analysis on two countries; Croatia and Qatar. You can use this work as a sample in order to gain inspiration or start the research for your own writing. This is an enterprise license, allowing all employees within your organization access to the product. If you liked any of these articles, please feel free to share with others by clicking on the social sharing icons provided. 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 domestic IT market is growing rapidly. An Environmental Protection Committee was created in 1984 to monitor environmental problems. Qatar Airways PESTLE Analysis assesses the brand on its business tactics across various parameters. They are also unable to bring suits as plaintiffs in Shariah courts. New and latest technology is used in exploring the oil and natural gas (UK Essays, 2015). Qatar Airways is the official airline of the Emirate of Qatar. Qatar Airways had always intended to increase its stake and this provided an opportunity. The government has shown its activeness to make the legislation for the protection of environment. This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. Pollution from the oil industry poses a threat to the nations water. The product is a PDF. Our global network now sees us flying to over 100 destinations worldwide and operating some of the youngest fleets in the sky. Qatar Airways SWOT and PESTLE analysis has been conducted and reviewed by Senior Analysts from Barakaat Consulting. Examinations of the internal strategic factors like Strengths, Weaknesses, and external strategic factors like Opportunities, and Threats of Qatar Airways. Twitter. March 10, 2010. Qatar Airways is a trendsetter and renowned for all the premium services that it offers ranging from online check-in facility, passenger and baggage safety, customized food meals options from various cuisines, comfortable and spacious lounge to merest waiting time. Need Strategic Analysis for this company? You can gain more insights about the different PESTLE analysis factors below: 1. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. This product is a country research report. The economy of the country is strong as it is rich with natural oil and gas. We hope the article PESTEL analysis of Qatar (Qatar country profile) has been useful. Technological factors and their impact on Qatar. This report provides an analysis of the Qatari economy from historical, current, and future perspectives. The six PESTLE factors sometimes overlap because they represent important and related elements of society. Qatari Prime Minister Sheikh Hamad bin Jassim bin Jaber Al Thani has given his support to Irans right to nuclear technology, and considers Irans nuclear project to be for peaceful nuclear energy purposes. From legal point of view, this country is ideal for making investment and starts the business activities (Reuter, 2013). Annual Report 2017 - Qatar Airways: https://www.qatarairways.com/content/dam/documents/annual-reports/2017_Annual_Report_ENGLISH-WEB.pdf, 2. QATAR ECONOMIC FACTORS Local economy Inflation International trade 3. However, the GDP is forecast to increase and reach $195.00 Billion by the end of 2022 due to the expected rise in gas production and investment for the 2022 World Cup football (Trading Economics, 2021). The content on MBA Skool has been created for educational & academic purpose only. In order to promote tourism, Qatar has invested billions into improving infrastructure, it held the 2006 Asian Games and will be the host of the 2022 FIFA World Cup, becoming the first Arab country to host either of the events. However, it should be mentioned that there is no minimum wage in Qatar. This will lead to an increase in revenue of the airway in the long run. They helped me with my custom research and delivered before time! The customers are very happy with the service, good and experience they had during travel with the airways.