1 AEG TRAVEL SERVICES Fifth Semester BS-BA (A) Submitted by: Arooj Bukhari Submitted to: Dr. Rabia Khan Buzdar 2 3 Internship Certificate 4 Acknowledgements Internship is like an opportunity that is given to the students in order to bring their theoretical and mental skills and knowledge in practical learning. It is a very good opportunity for students to test what field they want to choose in their later life. While writing this internship report, at first I would like to thank ALLAH for blessing me with the skills, ability and knowledge to avail this opportunity. Secondly, I would like to thank my supervisor Mr. Syed Muhammad Saqib at AEG Travels for giving me the opportunity to work with him during my internship period. His support and guidance during my internship was appreciable. His remarkable leadership skills have brought many positive changes in my personality that would be helpful for me in my practical life. I would also like to thank the employees of AEG Travels who have been very cooperative with me during my whole internship tenure and helped me in every way possible. Lastly, I would like to thank AEG Travels for providing me a platform where I got recognized with the practical working environment. Executive Summary The main objective of this internship report is to make us aware with the working environment of the corporate world. And to polish our already present skills. It is important to make u aware of our interests or dislikes in the fields that we will decide to choose while selecting our majors. I started working as a paid internee at AEG Travels which is a Franchise of Global Travel Services American Express which has 5 offices in Islamabad with headquarters in Karachi. It was formed in 1946. 5 AEG is a leading Travel Management Company in Pakistan providing all travel related services, including Business Travels, Vacation packages, MICE/ Group travel, Hotel, Car rental etc. It is an independently owned and operated travel partner of American Express Global Business Travel. It is the market leader which have specialized skills ensuring delivery of consistent premium service to the major corporations/ companies, including multinational and local companies. AEG is committed to providing you with a professional and cost effective travel program. Whether your business travel needs are routine or complex. They have the innovative technology and unparalleled personal service to match your organization’s specific requirements. They pay careful attention to your details and attend to your needs promptly, effectively and within budgetary limits. Now coming towards the part of personal working and learning experience, as I started working in AEG Travels I was first sent to the ticketing department, where I learned using their soft wares like Sabre , then I attended workshops and seminars by the HR Managers , where we were educated about stuff related to HR. At last I was rotated in the Visas department where I was assigned the work of public dealing. 6 Contents Internship Certificate ....................................................................................................... 3 Acknowledgements ........................................................................................................... 4 Executive Summary .......................................................................................................... 4 Chapter 01 ......................................................................................................................... 9 Organizational Introduction ............................................................................................ 9 AEG Travel Services....................................................................................................... 9 Vision ............................................................................................................................ 10 Mission Statement......................................................................................................... 10 Core Values ................................................................................................................... 10 Corporate Strategy ........................................................................................................ 10 Products and Services ....................................................................................................11 Business Travel ............................................................................................................. 12 MICE and Group Travel ............................................................................................... 13 Leisure Travel ............................................................................................................... 14 Religious Travel Services ............................................................................................. 14 Hotel & Car Rentals ...................................................................................................... 15 Eurail ............................................................................................................................. 15 7 Travel Insurance ............................................................................................................ 16 Privacy Statement ......................................................................................................... 17 List of Abbreviations....................................................................................................... 19 Awards and Achievements ............................................................................................. 20 Chapter 02 ....................................................................................................................... 21 Personal Working and Learning experience ................................................................. 21 WEEK # 01 ............................................................................................................... 21 WEEK # 02 ............................................................................................................... 23 WEEK # 03 ............................................................................................................... 25 WEEK # 04 ............................................................................................................... 25 WEEK # 05 ............................................................................................................... 27 WEEK # 06 ............................................................................................................... 28 WEEK # 07 ............................................................................................................... 28 WEEK # 08 ............................................................................................................... 29 Chapter 03 ....................................................................................................................... 31 SWOT Analysis ............................................................................................................ 31 STRENGTHS ........................................................................................................... 31 WEAKNESSES ........................................................................................................ 34 OPPORTUNITIES .................................................................................................... 35 8 THREATS ................................................................................................................. 36 CHAPTER 04 .................................................................................................................. 39 CONCLUSIONS & RECOMMENDATIONS ............................................................. 39 CONCLUSION ......................................................................................................... 39 RECOMMENDATIONS .......................................................................................... 41 Annexure .......................................................................................................................... 43 References ........................................................................................................................ 46 9 Chapter 01 Organizational Introduction AEG Travel Services AEG Travels Services (Pvt.) Ltd. Is an independently owned and operated company which is licenses of American Express Global Business Travel (GBT). GBT is a joint venture which is not wholly owned by American Express Company or any of its subsidiaries. AEG is a Leading Travel Management Company in Pakistan providing all travel related services including Business Travel, Vacation Packages, MICE/Group Travel, Hotel, Car Rental etc. In service since 1948, delivering premium service to its valued clients/customers. AEG Travels is a leading Travel Management Company in Pakistan having three IATA approved offices in Karachi, Lahore and Islamabad and two non- IATA offices in Sialkot and Multan. Over 60 years’ experience in Travel trade. Specializes in Business and Corporate travel Services. Over 250 trained and professionals equipped with latest information and air reservation tools at service to its prestigious clients. Having IATA/UFTAA qualified travel consultants. Top agent for majority of the airlines in Pakistan; having leverage in Pricing, seat availability etc. To insure premium services to its clients base/ customers. AEG offers complete travel solutions by servicing all travel related products under one roof. A private limited company, committed to adherence of corporate governance, business ethics, code of conduct and highest level of integrity. 10 Supervised by a strong Board of Directors having vast experience in travel trade supported by experts in customer servicing and travel products. Vision The vision of the company is to be the market leader in the Travel services, focusing on customer satisfaction and convenience. Mission Statement The mission of the organization is to stay at the top, while keeping a strong check over customer and employee satisfaction. Core Values Interest of the Customers comes before the interest of the organization. With AEG Travel Services, services don’t stop once your trip begins. Our aim is to provide an efficient service to the customer. We believe in sharing Information, provide reliable MIS on travel spends with analysis to support decision making process. Our team of travel counselors have a wealth of resources to meet your travel needs. Corporate Strategy Works with respect to the current economic situation. 11 Increases in interest and inflation rates poses pressure upon the organization to increase the prices but the company gives its best to maintain lowest possible prices in order to be affordable and to offer the best available packages to their customers through the presence of highly skilled and trained employees. Products and Services International Ticketing Domestic Ticketing Hotel Bookings Car Rentals Management of the Business Travel Needs Leisure Travel & Vacation Tour Packages Religious Travel – Umrah Group Travel & MICE Travel Insurance Products On site Travel desk with reservation tools Eurail, Online Reservation and Ticketing US Visa Handling Services Dubai Electronic Visa Malaysian Visa Handling Services Thai Visa Services Vietnam Visa Services 12 French Visa Services Visa facilitation for other visas Business Travel As an independently owned and operated travel partner of American Express Global Business Travel, AEG Travel Services Offers; International & Domestic Ticketing Hotel Bookings; International & Domestic Leisure Travel & Vacation Tour Packages Visa Facilitation US Visa service delivery UAE Visa Appointed Visa Agent (Dropbox) Consumer Travel Group Travel Local and International Rail Car Rental; Local & International On site Travel Desks Religious Travel Travel Insurance GSA: a) Eurail b) Alitalia 13 PSA for PIA MICE and Group Travel Planning an incentive trip for your agents, dealers, employees etc. Organizing Events, exhibitions, meetings etc. Looking for travel solutions for a group within your budget limits. Seeking a professional travel partner to manage, on your behalf, and drive optimum satisfaction with quality service. All this is provided by AEG Travel Services as your professional travel partner with the best travel consultancy solutions for all your travel needs. They guarantee a partnership of trust and transparency for a full service solution. They design a customized, meeting/conference management program, thinking along with you at every step and translating ideas into distinctive meetings & conferences in cost effective manner. Solutions may include: Proposals for various destinations & itinerary development to reinforce program objectives and inspire participants. Customized Travel arrangements which include airline ticketing, visas processing, hotel, transportation etc. 14 Effective management by having control over room inventory, food, activity programming, logistics etc. Professionally trained, experienced specialists to escort the participants to provide onsite service. Competitive rates with best airline/ hotel deals. Leisure Travel AEG Travel services assist you in planning a family vacation by offering a wide selection of destinations, attractions and activities to make your dream vacations a reality. Their experienced Travel Counselors are willing to facilitate you; plan the perfect vacation for your schedule, your interest and most importantly your budget. As a part of planning the trip they offer Airline tickets with best connections Hotel reservations at finest locations Train passes/ Tickets, Transportation etc. Assistance in Visa processing Travel insurance products Religious Travel Services Making a pilgrimage to a holy place is a way for many people to reaffirm their faith. AEG Travel services provide full trust to make all arrangements to accomplish satisfaction, peace of mind while allowing you to focus on prayers. 15 They offer a range of Umrah Travel packages to suit your needs and assure you of unparalleled service. The package includes all travel arrangements form boarding, lodging and transportation. Umrah Travel Package includes: Umrah Visa Airline Ticket Hotel & Accommodation Inland Transportation of your choice Meet & assist service in Saudi Arabia Hotel & Car Rentals For both business travel & Leisure travel needs, they offer wide selection and booking of hotels/ resorts and cars at rent across the Globe to suit your budget and preferences. We have access to major online hotel systems including extensive hotel program “American Express Global Business Travel” facilitating selection of right hotel at the right price. Eurail AEG Travel Services being GSA for many rail services connecting the Globe can offer its clients the convenience of planning, reservation & ticketing passes at our offices in Pakistan. Our services extend to Rail Europe including Eurail, BritRail Swisspass, France Rail, German rail and Amtrak to explore Europe and North America. 16 Rail Europe Best way to see Europe network spread over 240,000 km and covering over 18,000 routes. These high speed trains can take you across Europe in style with convenience in the most efficient manner at economical price. We can offer you point to point tickets and passes of different validity covering all countries in Europe. Many combinations are available to choose from BritRail Most convenient to travel in UK with an option to have point to point tickets and passes. Offering complete flexibility of unlimited train travel through England, Scotland, Wales & Ireland. Pass also valid on London Airport Link Service. AMTRAK Gives you freedom to move around North America with 900 destinations across US & Canada. Rail passes are available at affordable cost offering most convenient service. Contact our representatives to assist you in planning your trip and for the information about cost & to make a tailor made itinerary. Travel Insurance Travel with a peace of mind whether it’s for business or for leisure. Travel Insurance is critical in today’s volatile environment to protect you from uncertainties/ contingencies. Even the best 17 planned travel programs can be impacted by the unexpected illnesses, medical emergency loss of documents/ passport/ luggage, long delays at the airport etc. They offer an insurance solution for their customers to suit their travel plan, itinerary, personal requirements/ preferences etc. It may include: 24 hours worldwide travel assistance Medical Insurance Coverage Arrangements for the hospitalization Assistance for lost travel documents including passport Lost baggage / delay in baggage Mandatory Insurance requirements for Visa Accidents related medical expenses Products especially designed for Umrah Travel Privacy Statement AEG Travel services provides a privacy statement to describe how they collect, use, share and otherwise process their customers’ personal information, as an employee of one of their corporate clients or other individual to whom they offer or provide their services – travel, meetings and events, and related products and services – via their websites, email communications or other online and offline means. What information they collect? 18 They collect information about you in connection with your registration, use purchase or inquiries of their services. How they use your information? They use your information to provide their services, process payments, operate their websites and mobile applications, market products and services, create business insights and comply with law. How they share your information? They may have a contract with your employer or travel sponsor, who is their corporate client, and they share your information with them, as well as with their affiliates, travel suppliers and their vendors to book travel arrangements and to provide their services. They do not sell or share information with third parties so that they can independently market their own products or services directly to you. How they protect and store your information? They maintain reasonable administrative, technical and physical security measures to protect your personal information from unauthorized access and use. Marketing and your choices They use your information for marketing, and respect your choices about how they communicate marketing to you. 19 International Transfers They transfer your information outside your home company as permitted by law. To protect your information International transfers will be made under appropriate data transfer agreements and other protections. Your Rights You have the right to be informed of whether they are processing your information and to access, correct, delete or object upon request and free of charge, to their use of your information, to the extent required by applicable law. Changes They will tell you about material changes to this privacy statement by posting it on the website before it goes into effect and, where appropriate, communicating directly to you about the change. List of Abbreviations: TMC: Travel Management Company IATA: International Air Transport Association BSP: Bank Selling Plan GDS: Global Distribution System 20 AWARDS & ACHIEVEMENTS OF AEG TRAVEL SERVICES: AWARDS: Pakistan’s Leading Travel Management Company 2018: AEG Travel Services Pakistan’s Leading Travel Management Company 2017: Quality Aviation Pakistan’s Leading Travel Management Company 2016: Quality Aviation Pakistan’s Leading Travel Management Company 2015: AEG American Express Travel Services Pakistan’s Leading Travel Management Company 2014: AEG American Express Travel Services Pakistan’s Leading Travel Management Company 2013: AEG American Express Travel Services Pakistan’s Leading Travel Management Company 2012: Quality Aviation 21 Chapter 02 Personal Working and Learning experience I started working as a paid internee at AEG Travels, Islamabad branch on 8th of July, after I received mail from the headquarters. It is a Franchise of Global Travel Services American Express which has 5 offices in Islamabad with headquarters in Karachi. It was formed in 1946. Address: Plot No. 3 &4, INT Center G-8/4, Islamabad- 44000, Pakistan Supervisor Name: Syed Muhammad Saqib Designation: Team Leader Visa Services, AEG Travel Services Contact Number: 0323 5069008 WEEK # 01 Day 1 started with orientation in which all the internees were assembled for an orientation at the main office. In which we were told the following things: The history of the company. Their Goals and objectives for hiring us as internees. Our respective Departments. Our timings and the work they require from us. 22 I was sent to their main office located in G/8-4. Day 2, started with the briefing about the number of departments in the office, which are as follows: Visa department; dealing in U.S Visa, German Visa, French Visa, Dubai Visa, Malaysian Visa, Thailand Visa. Accounting Department Call Centre Hotel Booking Transport Booking Tickets Management Day 3, was about Tickets management, which includes the following steps after the booking of the ticket; First of all it is stamped. Then it is sent for billing. After which they are attached in the specific files of specific accounts. Where they are kept for record. Day 4, was for learning the process of Reporting. For reporting a complete excel sheet is made for the purpose of keeping complete record of the transitions in case of a gap or misplace they could be easily located through that excel sheet. 23 Since, AEG Travels has mostly online clients as compared to walk-in clients. So computer work is preferred more as compared to paper work. Day 5, was for Bookings; For which I learned the process of booking a ticket for domestic as well as International flights. They gave me complete list of codes for all the cities and countries. They basically work on Sabre system; which is an international system, Galileo and Amadeus. WEEK # 02 Day 1, was for learning of Insurance; They are offering two insurances United Insurance and IGI Insurance. From which IGI Insurance, is most preferred as per the requirement of some travel airlines. Day 2, was for visiting the Record Room of the office: Which was located in the basement and contained all the files of one year for all of the corporate accounts. We also learned how to generate the file references of various accounts. 24 Day 3, was for studying the process of Dubai Visa; It consists of 15 days, 96 hours, 30 days and 48 hours visa which are given to the clients as per their requirements. Dubai Visa is applied through Karachi Headquarters. An Xo is made for the client on the behalf of the company. Which is then sent to the receivables section to be received by the client in near future. Day 4, was for the Seminar by the HR Manager: In which they told us about the history of the company. Its missions. Vision Statement. Basic Beliefs. Day 5, was for a Workshop related to HR: In which they gave us different scenarios, and we were supposed to give appropriate solutions in case of such situations. The topics included things like, Employee negligence. 25 Employee dissatisfaction. Decrease of employee productivity in case of job enrichment or job rotation. WEEK # 03 Day 1, was also a seminar day in which we were told about the product line of the company. Day 2, was for learning the use of their official software Sabre which is used for International Bookings: We were taught the codes of the organization. Processes used. Clients dealing. Day 3, was for giving the clients assistance for Eurail Reservation and Ticketing. Dealing with Clients over calls. As well as Emails. Day 4 and 5, were spent in the Call Centre; Where I was supposed to give information to the people regarding French Visas over Phone. WEEK # 04 Day 1, I started working in the Visas Department. 26 I started with French Visa department. Day 1 at the French Visas was for understanding the software. Day 2, was for delivering French Visas to the clients by hand; We were taught how to deal with clients. What to do in case of any error or mistake. Day 3, was for making calls to the clients and calling them to collect their passports and visas. In which we have to call all the given contact and inform them about their respective visas. Day 4, was for updating the visas information in the system. In which all the visas received from the embassy were to be updated in the system. Day 5, was for taking the Calls: I was supposed to take calls of all the clients and tell them about our visa services and related information. 27 WEEK # 05 This week was spend in the German Visas Section. Day 1 was an orientation class in which we were told the whole procedure to be followed for German Visas. Which included the following: Mail is received from the embassy. Calls are made to the clients to collect their respective visas. Visas are delivered to the clients. System needs to be updated continuously. Day 2, was for Packaging: The mail received by the embassy was supposed to be separated. With respect to families and places. Then the mail was packed in the official Flyers. To be delivered to the clients. Day 3, was for updating the system. We were given a list of serial numbers which were supposed to be updated in the system periodically. Day 4, was for delivering the visas. We were supposed to deliver the visas to the clients. 28 Then the information was to be updated on the delivery sheets. Attached along with the required documents. Day 5, was for taking calls. We were supposed to take calls. And give people information regarding the German Visas, Visa forms, etc. WEEK # 06 Week 06 was off for Eid holidays. WEEK # 07 Week 7 was spent at US Visas section. Where I was supposed to: Deliver the passports. Update Inventory. Recheck inventory at the end of the day. Deal with clients. Collect documents from the clients to be delivered to the US Embassy. 29 WEEK # 08 Week 8 was spent half in French Visas. Where I was supposed to: Make Bookings for the clients. Inform them about the passports. Give them allocate them interview dates for interview for French Embassy. Apart from the tasks which were assigned to me on daily basis there are a lot of things that I have learned after my 8 weeks learning /experience at the organization is that; This organization has maintained a reputable position in the market having a clear competitive advantage over its direct competitors: Quality Aviation, Jerry’s, Bukhari Travels. I have also learned the Organizational Behavior of the employees. A very friendly and cooperative environment is maintained in the organization which motivates the employee and helps in building up employee morale. The power gap is very low. Employees can easily communicate there queries or any problems they are facing in the organization with the Director General. I learned about the organizational hierarchy. 30 I learned being punctual, as all the employees were expected to follow strict time schedule there. I also learned their incentives that they give to the their employees; sales bonuses, Promotions, vacation trips etc. I learned how Job Rotation is practiced in the organization and how it is beneficial. Due to practicing job rotation , no problem is faced in the functioning of the system if any employee is unable to come to the office also the knowledge and skills of the employees is also increased as every employee knows the work of every other employee. I also learned how to show emotional intelligence, while dealing with customers. During customer dealing I had to face trouble in customer dealing. I had to show patience while dealing with unsatisfied customers who previously had trouble working through our organization. The policy of this organization is that; customer is always right. Even if the customer does not have a valid ground we have to deal with them in a way that would not make them feel that they are wrong. During my internship, a client came who complained that he was unable to reach our call line, I apologized him on the behalf of the organization while on asking the problem the client was calling on the wrong help- line number. So, despite the error on the part of the client we had to apologize to him because this is the part of the policy of the organization. 31 Chapter 03 SWOT Analysis STRENGTHS Strengths are the major points of an organization that count as their competitive edge over the other competitors. AEG has a lot of strengths that give them a major edge over all other travel agencies. Following are some of them: The major strength of AEG Travels is that it is a Franchise of American Express Global Business Travels. Global Business Travels is an International Chain of Travel services that is providing its services in over 140 countries. Being a GBT Partner AEG Travels have gained a big repute among its competitors. Another big strength of AEG is its customer care services. AEG has a strong belief that customer is always right. The policies of AEG includes that the interest of the customer should always come before the interest of the employees and the organization. Therefore, they are able to do a very good positioning in the minds of their clients. And they are able to make long- term clients who always trust them completely with their business plans. Starting from the point they plan the trip to the point they reach back home AEG is there to guide throughout their trip. AEG has the best travel consultants who are available 24/7, in case of any mishap or causality that occurs with the clients. At AEG, they have built a complete database system for all their clients in which all the preferences and choices of their clients are saved that creates a long lasting impact on the 32 minds of their regular clients when their travel counselor already knows what seat they would prefer, what hotel they would like to stay in, which breakfast they would like or what time they would prefer to travel. This factor of AEG creates a very positive impact upon the minds of their clients that helps them to retain long- term clients and gives them edge over their competitors. AEG Travels is the Global Leader for Travel Management Company (TMC). Clients expect their travel partners to cover every aspect of their trip while traveling. Being the TMC leader AEG has the best travel services providing you with all the necessary information and aid required for your travel. AEG is constantly bringing Innovation through their expert care and proactive business travelling tools. They also use artificial intelligence means to anticipate and identify the needs and wants of their clients and know them beforehand. AEG in collaboration with GBT is continuously working upon Innovation and improving its technology, as to stay in the market they require constant upgradation and breakthrough technology. More than 900 employees of GBT worldwide are working upon research and technology to improve the working system this is the main focus and strength of AEG as they promptly focus on improving their service quality in order to be precise with the needs and wants of their clients. 33 AEG travel Services is offering a very friendly environment for its employees and giving boost to the activities that are very helpful in building up the morale and satisfaction of their employees. Due to this reason they have the ability to retain good and long term employees by providing them exactly what they need in turn they provide the organization with their loyalty and trustworthiness that is required for this organization to have good positioning in the minds of their clients, because since clients have to deal directly with their travel counselors . So it produces a good impact upon the clients to deal with the same Travel counselor, it produces a sense of belongingness among the clients. AEG Travel Services is very cost effective, it provides their clients with the best customized packages as per their requirement in the minimum price possible which could cost them double if they would design their packages on their own so their clients never think twice before opting for AEG travels for traveling. 34 WEAKNESSES Weaknesses of an organization are the areas that require some work to be done on them. Every organization has its weaknesses. Following are some of the weaknesses that I have observed while working in the corporate environment of AEG Travels: A big weakness of AEG is that due to the cut throat competition in the market they are unable to fluctuate prices, or work for the prices which are better for their organization because of so many market leaders who might divert their long term clients. So a major weakness is that they cannot rise or fluctuate prices on a high rate. AEG Travel services do not go for low price competition as many other airlines are working for. They maintain a standard of prices that might seem high to some of their clients as many other airlines are offering these services at lower prices but the difference is that they are offering these things with comparatively low quality services but AEG never compromises on their services they will always provide you with the best of everything that you need in your trip. This apparently seems like a strength but it turns into a weakness when potential clients are attracted by the other travel agencies which are offering these things although with low quality but also with lower prices which is a major attraction for clients. 35 OPPORTUNITIES Opportunities are the new ways and platforms available for an organization to progress in the ways they are missing out. Following are the opportunities that `I have observed while working in that organization. AEG is a highly competitive and innovative organization that knows how to stay in the market and what factors are required for them to stay a part of the changing circumstances. Yet there are some sectors that they can work on. As Technology is becoming more and more common many organizations have come up with more innovative and convenient ideas that are more convenient for their clients. For example PIA made it easier for their clients by providing those services at their door step. AEG has not yet launched anything like this that is customer friendly so with their loyal and best services in the market if they would add door to door services it would be a great combination to attract customers. This new innovation is a way for changing their target market and gaining more customers as clients always prefer their comfort. They can provide door to door services for their Visas Delivery section as well as Tickets delivery section. Exit of any competitor from the market is also a big opportunity for the organization if they take it as one. An example of this thing is that in the past Jerry’s was an airline that was the direct competitor of AEG Travels but due to some unfavorable circumstances that airline was shut down which was a big opportunity for the AEG Travels to come up in the minds of their competitors. 36 Foreign Missions are very helpful in building up the revenue and repute of an organization. So another big opportunity for AEG is to take more and more foreign missions and fulfill these targets so that they will be able to reach a particular position in the market as foreign missions are highly repute building and also generate a good amount of capital. THREATS Threats are the factors that might be taken as a warning that would bring down an organization’s repute or revenues, or reduce the clients or employee satisfaction or trust. Following are some of the threats that are posed in the way of AEG Travels: As the economic situation of Pakistan is changing very drastically the prices of the airlines are going very high. Due to such economic conditions a major portion of the loyal clients of AEG are backing off from travelling that is posing a serious threat to the revenues of the organization as a big portion of people is giving up travelling due to the rising economic conditions. Another threat that AEG has to face is rising interest rates that are causing overdrafts. Due to high inflation rate State Bank has increased their interest rate from 9% to 17 %. Hence they have to reduce their own profit margins in order to fulfill these 37 requirements as the organization could not take this money form their clients because that would push them out of the competition with high prices as the price enhancement margin is very low in this field. As a result, the organization has to reduce their own margin and not affect their clients in any way. Due to reducing profit margins the organization also has to reduce the pay or salary benefits that are provided to their employees. As a result, employees are attracted towards job opportunities that are giving them a better package. So retaining old employees in such highly fluctuating economic conditions is also a major challenge for the organization. With the fast moving world and increasing technology airlines are becoming more and more advanced and are creating ways to reach their clients more effectively and efficiently. They have created ways in which people could easily reach them and book their tickets which could be delivered to them at the doorstep. So with airlines reaching their customers directly and at a distance of a click, people are becoming less and less dependent at the travel agents for making bookings, as the airlines deliver them at the doorstep. 38 S t r e n g t h s : W e a k n e s Franchise of American Express GBT Cut throat competition Customer Care Services Price skimming strategy s e s : Complete Database Leader TMC Research & Innovation Friendly Environment Cost Effective O p p o r t u n i t i e s : T h r e a Door to Door Services Economic conditions Exit of any Direct competitor Interest rate Overdraft Completing Foreign Missions Employee Retention t s : Enhancement in the services of airlines 39 CHAPTER 04 CONCLUSIONS & RECOMMENDATIONS CONCLUSION Concluding the report, following are the things that I have learned during my internship with AEG Travel Services: Departments Tickets Management Reporting Booking Insurance Record Room Dubai Visa Various information related to the HR. Eurail Call center Dealing in French Visas Dealing in German Visas Dealing in US Visas 40 Working with AEG has taught me how to work in a corporate environment. I will always be thankful to AEG Travel Services to be the first organization to introduce me to the corporate World. Through this working experience I have come to realize the importance of punctuality, I have realized how time should always be valued in practical life. I have learned Time Management, how to manage my tasks in such a manner that I complete all of them on time and do them in the best possible way. It has polished my skills of Professional Communication skills, as I was made to speak in front of the employees, It has helped in confidence building. It has taught me the concept of Emotional Intelligence, from the times I was required to hide my anger or frustration just because of the position or due to the reason that I was dealing with a client. I have learned the concept of Job Rotation and how it is applicable in our practical life. Even during my internship they rotated me through different departments. So I learned the skills of many departments. I learned how to work on their official soft wares like, Sabre. 41 RECOMMENDATIONS While working as an internee at AEG Travel services I have realized that there are some things that could be made better in order to make it a more successful Travel Agency. Following are some of them: The very first change that I felt they need to bring in their office is to have a Welcome staff. As there is only one receptionist there who is mostly busy taking calls. So, hiring a welcome staff who would guide the clients to the respective department that they want to visit; whether it be Visas department, tickets department, hotel booking etc. Another change that they should bring is to enhance their building, as it is not very spacious, and waiting area for clients is not a very comfortable place to sit in so they should work on their placement and the interior of their offices to produce a better outlook. The Organization should make different cubicles for different departments so that they would be easily differentiable from each other and as there are mostly walk in clients it would become convenient for them to identify different departments in the office. They should arrange some souvenirs or giveaways for their clients as well. They are already doing this activity for their employees giving them giveaways like; pens, wallets, diaries etc. with AEG logo printed over them. It would create a sense of belongingness among their regular clients towards the organization. The upper staff should maintain strict rules and regulations as a very friendly environment is maintained in the office, due to which employees could have a rather non 42 Serious approach. So strict rules and policies should be followed that would give freedom to the employees but also make them bound to follow the rules and regulations. They should be given freedom while staying in certain limits. A uniform should be given to the employees as it would create an official environment and it would look good from the outer perspective as well. Since there is no proper dress code so the employees where whatever they want. A proper uniform would depict discipline. The management should go towards more staff appreciation letters and certificates, as it would create competition among the employees to do better that the others and it would persuade them to give their best. 43 Annexure 44 45 46 References https://www.worldtravelawards.com/award-pakistans-leading-travel-management-company-2019 http://www.aeg.com.pk/ http://www.aeg.com.pk/Default.aspx?ID=3&html=Product http://www.aeg.com.pk/Default.aspx?ID=19&html=Privacy http://www.aeg.com.pk/Default.aspx?ID=7&html=Business http://www.aeg.com.pk/Default.aspx?ID=8&html=MICE http://www.aeg.com.pk/Default.aspx?ID=9&html=Leisure http://www.aeg.com.pk/Default.aspx?ID=10&html=Religious http://www.aeg.com.pk/Default.aspx?ID=11&html=Hotel http://www.aeg.com.pk/Default.aspx?ID=12&html=Eurail 1