SWOT Analysis SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is an essential step in strategy development. Provide what you believe to be the three most significant elements of each dimension of SWOT for your firm. Note that these should only reflect issues that apply to the Airline environment and not ones outside the scope of the simulation. Strengths (Internal) Weaknesses (Internal) 1 1. 2. 2. 3. 3. Opportunities (External) Threats (External) 1. 2 2. 3. 3