SWOT Analysis of Lion Air with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Lion Air
Parent Company
PT Lion Mentari Airlines (Rusdi Kirana and family)
Category
Mainly Domestic
Sector
Airline
Tagline/ Slogan
We make people fly
USP
Indonesia’s largest privately run airline
STP
Segment
Price conscious traveler
Target Group
Middle class / Frequent fliers
Positioning
Low cost carrier
SWOT Analysis
Strengths
1. It has the largest share of the domestic market share
2. A very strong name in Indonesian market with High top of the mind recall
3. The airline jointly announced with Boeing for a record-setting order of 200+ Boeing 737 MAX and Boeing 737-900ER planes setting the record for the world's biggest single order of 230 planes
4. Financially strong and good reputation of the brand
Weaknesses
1. The airline is limited to a very small market
2. Controversies involving the pilots affected the image of the company
Opportunities
1. Increase in destinations and services of cargo being offered
2. Lion Air along with its National Aerospace & Defense Industries signed a JV agreement to set up a new airline in Malaysia
3. Global tie-ups with international airlines and destinations
Threats
1. Negative perception about the airline regarding safety measures
2. Increasing fuel cost
3. With many orders of aircrafts in place, maintenance cost in the future will be very high
Competition
Competitors
1. Garuda
2. Sriwijaya Air
3. Jetstar Airways