Company overview: Air Asia After acquiring Air Asia from the Malaysian government in 2002‚ Tony Fernandes completely altered the business model of its previous owners and re-established the company with just 3 air planes. Owing debts of about 11 million U.S‚ this move was very risky; however by offering low cost prices‚ the company was able to attract sufficient travellers. After acquisition‚ 5 years later Air Asia became renowned globally as the least expensive airline in terms of cost per seat
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Abstract The main purpose of the report is to conduct the independent analysis of the recent trends and development of Air Asia (low cost carrier model) in the current economic condition. And this report clearly explains about the methodological approach used to find‚ select and analyses the data. Also this report provides a brief outline about the Air Asia. In addition this report exactly speaks about how they sustain in their industry by using the recent trends and modern technology. Introduction
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Introduction of Healthy Lifestyle Many of us have erroneous idea about healthy lifestyle. We think that it is something difficult and requiring much effort: to shy away from all favorite food‚ habits and activities. We think that for living healthy one should become something between an ascetic and a monk who has refused from all pleasures of this life. That is why many people do not even try to live healthy‚ being frightened by the prospects described above. Fortunately‚ healthy lifestyle is
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SWOT analysis of AirAsia Strengths Firstly‚ Air Asia has indeed a strong management team. This is clearly known as it has very strong links with the governements and airline industry leaders.This is partly contributed by the diverse background of the executive management teams which consists of industry experts and ex-top government officials. For example‚ Shin Corp (formerly owned by the family of former Thai Prime Minister - Thaksin Shinawatra) holds a 50% stake in Thai AirAsia. This has
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low-fare company. AirAsia established in 1993 and start the operations on 18 November 1996 (Wikipedia‚ 2011) Inspired by the success of Ryanair and EasyJet as low cost carrier‚ Toni Fernandes saw the potential of having the same concept in Asia. Air Asia executed the cost leadership strategy with introduced ticketless travelling‚ one type cabin‚ free seating‚ and online booking trough internet that able slash the price into 40% - 60% cheaper than regular airlines (Declanegan‚ 2012) “Now Everyone
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Yee Mon Phu Member of Management Team Business Strategy Air Asia Revenue: 4Q 12 USD 1.62 Billion Number of employees: 8‚000+ HQ location: Kuala Lumpur‚ Malaysia Ownership: Listed on the Malaysian stock exchange Year founded: 2001 The company grew from two planes in 2002 to a feet of 120 aircraft fying 30 million people Vision “To be the largest low cost airline in Asia and serving 3 billion people who are currently underserved with poor connectivity and high fares.” Mission • To
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Australia is an isolated country but with many links that connect it to the rest of the world‚ or in closer terms‚ the Asia-pacific region. One of these bonds that has great impact with this area of the world is defence‚ we see varieties of sources that explain this link in detail and tell us that we are safe and have help at our doorsteps when we need it. To Begin with‚ recent events have made us Australians realize the dedication and courage that our defence has shown in the past. Anzac Day‚ on
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also recognized as ‘Asia’s Leading Airline’ and the ‘Best Airline in SoutheastAsia’( Malaysian Airline System Berhad‚ 2011). MASkargo meanwhile was recognized as the ‘Best Air CargoCarrier in Asia’ at the 2009 while Malaysian Aerospace Engineering(MAE)‚ Repair and Overhaul (MRO) arm wasawarded the ‘2009 Best Asia-Pacific Airline MRO Operation’by two leading magazines in the industry( Malaysian Airlines System Berhad‚2010). Furthermore‚ Fireflywas recognized as the Best Value Airline of The Year Award
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Grand Asia Market I went to the Grand Asia Market. It is located at 1253 Jones Rd. in Raleigh‚ NC. The set up was different than other grocery stores that I am accustomed to shopping in. It was a different atmosphere than I am used to. I saw a lot of interesting unfamiliar items while browsing through the store. It was full of Asian culture. The Grand Asia Market has a unique set up‚ a unique atmosphere‚ interestingly unfamiliar to me items‚ and a lot of Asian culture. There was so much to see.
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represents 4% of world’s population‚ Wal-Mart already saturated domestic market. Moreover‚ Asia is the world’s largest and most populous continent for Wal-Mart to invest. (Continents‚ 2013). Whenever wall-mart can find a strategic location in Asia‚ they should establish the largest retailer in the town. Therefore‚ there will be less competitors will enter into the market at that location. Furthermore‚ Asia is a good choice for doing offshoring due to emerging markets at here with a lower disposable
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