Management 08 Fall AirAsia Company Analysis Background of AirAsia Company Dato’ Tony Fernandez was the entrepreneur that brought up AirAsia to be the one of the award wining the largest low fare airlines that is currently well known for now in Asia. Since then it has been flying to over 61 domestic and international destination with 108 routes‚ and furthermore it operates over 400 flights daily from hubs that are basically located in Malaysia‚ Thailand and Indonesia. Today if we look at their
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____________________________________________________________ ____ Completed By Woo Gim Chuan Marcus (J0704245) Name of Tutor (T01) XXX BUS 488 Strategy - T01 Question 1 AirAsia‚ which is one of the earliest low cost carriers (LCC) in Asia‚ has become a LCC since 2001. So far‚ it has expanded its network from Malaysia to Thailand to Singapore‚ Macau and even the Mainland China in 2006. In short‚ AirAsia “jumped out” from an intra-Malaysia and Thailand market to a “real AirAsia” in the
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November 1996. In the year 2001‚ Anthony Fernandes (or known as Tony Fernandes) bought the airline which is suffering a loss. It was re-established as the low cost carrier after the bought over. AirAsia’s vision is to be the largest low cost airline in Asia and serve the 3 billion people who are currently underserved with poor connectivity and high fares. Their low fare model is made possible through the implementation of the key strategies including Safety First‚ High Aircraft Utilisation‚ Low Fare‚
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Have you ever wondered how the southeast and southwest regions are alike and different? Well‚ if you do here we go! Both regions are located in North America. I love the southeast region because it is mild and humid. Most of the time‚ it is subtropical. Subtropical means relating to or bring the regions bordering on the tropical zone. The southwest is very cold region in the winter. It also can get very warm in the summer to. The southwest region has many mountains and other landforms such as
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interview. “The financial services industry is complicated‚ just like airlines‚ and we are reaching a market that they generally missed and we are utilizing AirAsia’s customer base‚ which is huge.” The 48-year-old is targeting emerging wealth in Southeast Asia where an increasing number of its 598 million inhabitants can afford to travel and buy consumer goods such as mobile phones for the first time. Fernandes will relocate to Jakarta this month to focus on regional growth. He will also step down
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Progressivism That Compares and Contrast to Woodrow Wilson and Theodore Roosevelt as well as to Wilson’s New Freedom and Roosevelt’s New Nationalism Woodrow Wilson is known as the “New Freedom” attempt to enact his own version of Progressivism with support in lowering the tariffs on imports‚ strengthening the nation’s banks‚ support in using antitrust to deal with big business‚ but did not include any social justice legislature. At the top of Wilson’s schema‚ he lowers tariff rates. The Underwood‐Simmons
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also discuss the culture and management style of AirAsia and its ability to address to the challenges faced by the company. Furthermore‚ the report aims at highlighting the expansions of AirAsia with future expectations. Background of AirAsia Air Asia‚ an ailing‚ in debt‚ government owned airline was purchased by Tony Fernandes‚ a Malaysian Indian entrepreneur in 2001. Fernandes invested all his valuables and saving in purchasing this airline company that only possessed two Boeings and was deeply
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Nationalism in Bolshevik and Fanonist Ideologies Both Bolshevik and Fanonist ideologies focus on the ways in which societies can overthrow existing economic‚ political‚ and societal structures that serve as means of oppression and subsequently bring about new systems that are egalitarian and socialist. While both ideologies share this common goal of creating these new socialist orders‚ the two ideologies vary both in their views on what should be the means to this end‚ as well as with regards
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Good morning to everyone‚ The subject of my presentation is “economic nationalism.” My talk is divided in 6 parts: Firstly‚ im giving you a short introduction of the newspaper “the economist” Secondly‚ im going to talk about “what is economic nationalism and in which business sector does it play a big role. Thirdly‚ i’d like to show you some arguments which are given for nationalism After that‚ I tell you something about the development of world trade and which role does the US play
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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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