Comparative Financial Analysis of Ryan Air & Easy Jet for Financial Assignment

Comparative Financial Analysis of Ryan Air & Easy Jet for Financial Years ending 2010, 2011 and 2012 - Assignment Example Its headquarter was moved to Geneva which became the first base outside UK. Today EasyJet has in its service 175 aircrafts over 400 routes in 27 countries. In 2009, EasyJet catered to passengers with 50% having passports of countries other that UK. In the year 2010 EasyJet faced a number of major problems that posed a threat to its efficient service. There was the eruption of Eyjafjalla volcano that produced ash which induced problems in European airspace. Then there were incidents like heavy snowfall and major ATC industrial activities. All these along with various functional problems provide immense challenge to the performance level of EasyJet. It was the integrity and dedication towards work that stimulated the employees of EasyJet to continue to provide uninterrupted world class service. EasyJet is efficiently capable to take in its wings the opportunities available for consistently increasing profit in European short-haul aviation. Along with this growth, EasyJet stresses on co st reduction strategies and embracing pathways for more revenue. All these elements have the potential to ensure continuous growth of functional cash making. In the beginning of 2011 the Board decided to start the practice of dividend payments during profitable phases without ignoring the fact that the company always need to have a strong financial base with a prudent balance sheet. This will be a stimulating factor for the shareholders in profitable years even as the company continues to enjoy market share (EasyJet: Annual reports & accounts 2011, pp.4-7). Ryanair Ltd. is an Irish airline was established in the year 1984 by the Ryan family with the assistance of only 25 people. Ryanair’s inaugural flight had its daily route from Waterford in Ireland to London Gatwick. The first operating aircraft was a 15-seater Bandeirante that could carry 5,000 passengers. Headquarter of the company is situated at Dublin Airport. Focus on

System Development Assignment Example | Topics and Well Written Essays - 250 words

System Development - Assignment Example As SDLC is comprised of seven distinct stages: planning, analysis, design, development, testing, execution, and maintenance. This paper takes a detailed explanation on whether or not all systems development projects use the SDLC. Further, will determine whether or not it’s wise to recommend the SDLC as a CTO for all my organizations’ technology projects. In every project there must be activities associated with project initiation, planning, analysis, design, execution, and deployment. The use of the SDLC framework is mandatory for all major  information technology  development projects and is also applicable for smaller IT efforts. The nature of the project determines the best approach to use. In order for the information system to succeed, it’s mandatory to use all seven phases. Although SDLC has many different versions of information systems, follow-up with different steps as well (Avison & Fitzgerald 2006). Sarkar et al (2006), note that there are advantages and disadvantages in the SDLC systems. By understanding and learning these differences will help in the process of considering using an SDLC system. Whether or not you or your organization will ever become interested in using these systems; the knowledge of their existence and the capabilities that they offer will be an asset of ones awareness. The Software development lifecycles (SDLC) help to describe the processes, procedures, and artefacts a team is used in an organization. When recommending the SDLC implementation, all of these methodologies they have places where they work well and where they do not. Cockburn (2000) indicates that the factors that go into selecting an SDLC include team location, team size, the risk of errors, when to market, the number of probable changes, how long the project last, and maintenance releases will be required. Further, understanding the basic concepts of software development