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- W61024863 abstract "The purpose of this paper is to investigate in how far influencing environmental factors have caused developments and adaptions to a dominant incumbent player of the European airline industry in the last decade. As a representative for these various incumbents the Lufthansa Group with its flagship airline Lufthansa has been chosen as a unit of analysis. Developments within the group were analyzed by using Osterwalder’s business model canvas framework. Subsequently, these developments were not only reported but also put into context of macro-environmental and competitive forces that may have caused them in the first place. The data and information have been gathered via a desk research approach, analyzing majorly annual reports, press releases and newspaper articles of influential papers.Results from the research indicate that the Lufthansa Group made majorly small-scale, incremental adaptions to its practices over the last decade that may have been caused by social, economical and technological forces in the macro-environment, as well as by competition of low-cost entrants in the European short-haul market. A drastic revolution in their business model has just emerged within the last couple of years, when a restructuring of the group started. The key development, is the decision to move most short-haul operations to the low-cost subsidiary Germanwings, having Lufthansa’s focus on the medium-and long-haul market. This finding indicates some sort of convergence of the incumbent’s business model on the short-haul segment with the new-entrants approach. Depending on the success of this move, it may imply a superiority of the low-cost model in short-haul markets, so that the new hybrid approach of operating different business models in separate markets may indicate the a future alternative of international airline groups." @default.
- W61024863 created "2016-06-24" @default.
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- W61024863 date "2014-01-01" @default.
- W61024863 modified "2023-09-27" @default.
- W61024863 title "Business Model Changes of an Incumbent Player in the European Airline Industry A Case of the Lufthansa Group" @default.
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