-- Two weeks. Two gut-wrenching‚ frustrating‚ mysterious weeks. That’s how long it’s been since 227 passengers and 12 crew members boarded Malaysia Airlines Flight 370‚ destined for Beijing. A routine trip‚ it seemed‚ to catch up relatives in time for the weekend‚ start on a work assignment or just get away. Where they got to‚ still unknown. An exhaustive search -- covering a mind-boggling 2.97 million square miles‚ which is nearly the size of the continental United States -- has yielded some clues
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The story of Malaysia Airlines starts in the golden age of travel. A joint initiative of the Ocean Steamship Company of Liverpool‚ the Straits Steamship of Singapore and Imperial Airways led to a proposal to the Colonial Straits Settlement government to run an air service between Penang and Singapore. The result was the incorporation of Malayan Airways Limited (MAL) on 12 October 1937. On 2 April 1947‚ MAL took to the skies with its first commercial flight as the national airline. Fuelled by a
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KUALA LUMPUR: The impending collaboration between Malaysia Airlines (MAS) and AirAsia Bhd (AirAsia) is a positive move as it would eliminate irrational competitive pricing‚ allow economies of scale‚ higher bargaining power and synergies. Hong Leong Investment Bank Bhd (HLIB) said AirAsia‚ as Malaysia’s only low-cost carrier player‚ would have better control over supply and yields without competition from FireFly‚ MAs-owned low-cost unit. “There are higher chances of AirAsia plying for routes‚ which
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COMPANY PROFILE 1. Company’s Background Malaysia Airlines began in 1947 as Malayan Airways. However‚ it was renamed Malaysian Airways following the creation of the Federation of Malaysia in 1963. The company is publicly called Malaysia Airlines System. While MAS has grown to become Southeast Asia’s largest airlines‚ it also becomes one of the world’s premier international carriers. The MAS headquarters building in downtown Kuala Lumpur has been sold. Nevertheless‚ the new corporate headquarters
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1.0 INTRODUCTION | In this rapidly changing world‚ people are relying very much on airline companies to support both their personal and professional activities. Therefore‚ as people demand the great speed transportation‚ the airline companies have to challenge themselves in providing the best products and services to meet the needs and wants of the customers. In the airline industry‚ the efficiency is a vital component to run the business; it thus should be achieved by investing in new and advanced
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MALAYSIA AIRLINES ANNOUNCES MUTUAL SEPARATION SCHEME TO RIGHTSIZE WORKFORCE Malaysia Airlines today announced the details of its Mutual Separation Scheme (MSS). This fast tracks the organisation’s intention to right size(downsize) its workforce a year ahead of the schedule outlined in its publicly announced 3-year Business Turnaround Plan. Malaysia Airlines will receive compensation from Penerbangan Malaysia Berhad (PMB) for the termination of the Agreement for Domestic Business Unbundling
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Malaysia Airlines’ Flight 370 Disappearance Have you ever pondered about a plane disappearing in the 21st century and not being able to find it? On March 8th‚ 2014 Malaysia Airlines Flight 370 disappeared. The plane was scheduled to take off from Kuala Lumpur‚ Malaysia and to land in Beijing‚ China. The flight held 227 passengers and 12 crew members. It is said that Flight 370 lost contact with air traffic control after less than an hour of flying. A couple hours later the flight was announced missing
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1. Competitive rivalry – This is the rivalry with other airlines in your existing markets or future markets. Take for example of Malaysia Airlines‚ it will have to identify and segment its markets first. Probably it will come out with a cross matrix segments of: a. geographical markets b. demography c. Travel purposes. Let view one of the segment‚ geographical .. for Malaysia. Then we can see straight away the prominent competitor which is Air Asia. The competitor will be one of the considerations
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Introduction Malaysia Airline started on 12 October 1937. On 2nd April 1947‚ Malaysia Airlines took its first commercial flight as national airline. Malaysia Airlines changed it name to Malaysian Airlines Limited after the formation of Malaysia in 1963. After that‚ Borneo Airways had incorporated into Malaysia Airlines Limited‚ within 20 years Malaysia Airlines Limited grew from single aircraft operator into a company with many employees. A new logo was introduces and the airline grew exponentially
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Malaysia Airline System (MAS) is one of the Government Linked Companies in Malaysia. For the past three years‚ MAS has been undergone dramatic changes that turnaround the position of the company inside the competitive and ever challenging airline industry. From its lowest and disastrous experience in 2005 to achieving success within 2 years as well as bracing the impact of global economic crisis in past two years. The purpose of this report is to analyze MAS key competitive position and its strategic
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