1. INTRODUCTION TO AIR ASIA 1. COMPANY BACKGROUND AirAsia Berhad was established in 1993 and began operations on 18 November 1996. It was originally founded by government owned conglomerate‚ DRB Hicom. On 2 December 2001‚ the heavily in debted airline was bought by former Time Warner executive Tony Fernandes’s company Tune Air Sdn Bhd for the token sum of one ringgit (about USD 0.26 at the time) with USD 11 million (MYR 40 million) worth of debts. Fernandes turned the company around
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AirAsia has a crew productivity level that is triple that of Malaysia Airlines‚ and achieves an average aircraft utilization rate of 13 hours a day which is 1.5 hours more than the industry average. Corporate Objective: In the next five years we aim to be the market leader in LCC segment of Indian Aviation industry. Marketing Objective: 1.In two years duration we aim at converting 30% of our Facebook fans at our AirAsiaIndia page into delighted customers and simultaneously add to our fan base
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AirTex Aviation AirTex Aviation’s performance was very bad before the acquisition was made. The acquisition resulted into new management and new controls which lead to the success of AirTex Aviation. Frank and Ted‚ new college graduates took over the company and made some control changes. These control changes saved the firm from the financial breakdown which was going to happen. Yes‚ AirTex needed some new controls when Frank and Ted took over. There were a few problems before the takeover took
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English 10H 10/2/14 Weekly A.I.R Graphic Organizer Book Read: The Day My Mother Left by James Prosek Pages Read: 79 Summarize: “These chapters are about….” When Jeremy’s mother leaves him and his family for his enemy’s dad Jeremy’s whole life is turned around. The days leading up to his mother leaving Jeremy overhear his parents fighting about the mother getting home late often. Later on in the story his father overhears the mother talking to a man and telling him that she loves him
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3. Depreciation percentage=$1‚640‚200/$15‚411‚620 = 10.64% New Fixed Assets=$15‚411‚620 + $30‚000‚000 = $45‚411‚620 $45‚411‚620*.1064 = $4‚831‚796 new depreciation Pro forma Income Statement Sales ($36‚599‚300*1.12) $40‚991‚216 Cost of Goods Sold ($26‚669‚496*1.12) 29‚869‚836 Other Expenses ($4‚641‚000*1.12) 5‚197‚920 Depreciation 4‚831‚796 EBIT 1‚091‚664 Interest 573‚200 Taxable Income 518‚464 Taxes
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Igor Petrusca 1. Describe the corporate culture at Sealed Air. What is its business model? How do they make money? From the very beginning the Sealed Air corporation established itself as a company seeking market leadership and fostering technological leadership. It was a company of “firsts”. In essence‚ its philosophy was based on the belief that innovation is a customer-generated process and that it brings about market leadership which in turn means greater and sustainable profits. That is why
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of contents Business Report on Ryan Air 1. Terms of reference 2. Procedures 3. Findings 3.1 External analysis 3.1.1 Legal issues 3.1.2 Competition 3.2 Strengths 3.3 Weaknesses 3.4 Opportunities 3.5 Threats 4. Conclusions 5. Recommendations 6. Bibliography 1. Terms of reference This report is an analyse of the low cost airline Ryan Air. It is going to look at the external factors influencing the industry and analyse the internal factors using a
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Pollution: Air‚ Water‚ Visual Pollution is the contamination of the natural environment. Pollution is one of the big issues in nowadays world. Everywhere in the planet‚ even in the most remote areas a kind of pollution can be seeing. In the air‚ in the water or in the cities the pollution is present and make places inhabitable or ugly to live in. Pollution affects‚ farms plantations‚ fishing business‚ brings sickness to people and animals that lives in polluted areas. There are several kinds of
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| Table of contents 1. Introduction The aviation industry is highly competitive and thus demands well planned and distinct strategies of airline companies (airlinetrends.com‚ 2013). Crucial for the success of such a company is hence its strategic management. Carriers need to be aware of their strategic position‚ make strategic choices and put their formulated strategy into action (Johnson‚ Whittington & Scholes‚ 2011). As this is a complex and challenging task‚ consultants
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AIR POLLUTION CONTROL IN INDIA Air pollution is the introduction of chemicals‚ particulate matter‚ or biological materials that cause harm or discomfort to humans or other living organisms‚ or cause damage to the natural environment or built environment‚ into the atmosphere. The first law against air pollution was passed in 1873. Air pollution can be classified broadly in two types: 1) Urban * Industrialization * Vehicles The increasing number of vehicles and industries constitute
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