A different opportunity for Classic Airlines would be to use horizontal diversification strategies or conglomerative strategies to enhance sales. According to Sanhusen(2008)
Horizontal diversification strategies entail adding new products to a firm's product line that are unrelated to the firm's existing products but designed to appeal to members of the firm's target market. For example, Starbucks sells Paul McCartney CDs unrelated to their main product line. (p. 53)
Conglomerative diversification strategies entail marketing new products unrelated to the existing product line. Unlike horizontal diversification, these strategies are designed to attract new categories of customers. Illustrative of this was the purchase of Universal Film Studios by the Seagram Corporation, a large distillery. (p. 53)
The alternatives mentioned above can help the company rise above competition without discounting airfare, which is what the CEO expects. Classic Airlines can become the leader by making strategic decisions. The company must be able to unite and work toward a final goal, which will give the company the credibility and the number one spot in the competitive market.