wings‚ AirAsia went on to revolutionize the air travel industry in Malaysia and pioneered the low cost phenomenon in Asia. In 2004‚ AirAsia formed successful joint ventures in Thailand and Indonesia where AirAsia holds 49% stake in both companies. Thai AirAsia‚ a joint venture with Shin Corporation‚ Thailand’s largest telecommunication conglomerate‚ took to the skies in Feb 2004 and has to date carried over 1 million guest in its first year of operations. PT AWAIR ‚ re-launched as a low fare airline
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ekantipur.com/the-kathmandu-post/2011/08/05/money/lost-in-the-clouds/224868.html [Accessed 21 may 2013]. Nepal Rastra Bank. 2013. Nepal Ratra Bank. [ONLINE] Available at:http://www.nrb.org.np/fxmexchangerate.php [Accessed 23 may 2013]. Thai Airways. 2013. Thai Airways. [ONLINE] Available at: http://www.thaiairways.com/ [Accessed 23 may 2013] The Himalayan Times: Tourists arrival increases in 2012- Detail News: Nepal News Portal International tourism‚ number of arrivals| Data| Table. 2013. International
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Discusus the factors behind the success of Bumrungrad. utline specific factors and their specific outcomes. Bumrungrad Hospital‚ the first hospital company to be named the ’Best Small Cap Company’ by the magazine Asiamoney‚ has a lot factors behind its drastic success. First of all‚ Bumrungrad has made a remarkable recovery from the dark days of the Asian economic crisis through an effective restructuring and has emerged as the dominant regional player in the South East Asian health
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HKU833 STEPHEN KO AIRASIA: FLYING LOW-COST WITH HIGH HOPES AirAsia started out as a Malaysian government-controlled‚ full-service regional airline that offered slightly lower fares than its number-one competitor‚ Malaysia Airlines (“MAS”). In December 2001‚ private entrepreneur Tony Fernandes took over the debt-ridden airline for the symbolic sum of US$0.26. Despite the air-travel downturn following the 11 September 2001 terrorist attacks‚ Fernandes believed that the timing for entering
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Introduction In recent years‚ affected by natural disasters‚ emergencies‚ oil price volatility‚ the international financial crisis and other factors‚ especially the oil price‚ that is the most major factor of the airline cost‚ and still increasing‚ made the airline industry’s production decline shaply. The main source of profit for the airline industry are passenger and cargo revenue primarily‚ in addition‚ the fuel surcharges and exchange gains constitute the major part of its profits. According
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Product Singapore Airline history 1940s – 2000s Way back to the early days‚ even as the Malayan Airways during the 1940s and 1950s‚ they were already bursting a string with their commitment to service out their best performances in all kinds of area. A commitment they continue to this very day. The history of Singapore airlines can be sketch out back to 1 May 1947. When a Malayan Airways (MAL) Airspeed Consul took off from Singapore kallang Airport on the first of three scheduled flights a
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Overview of Bangladesh aviation industry In Bangladesh‚ the aviation or airlines industry is a booming one. Because of the increasing impact of globalization export and import activities is getting huge day by day in Bangladesh. Moreover Bangladesh has increased its diplomatic and political activities in order to build stronger rapport with other countries of the world. Additionally‚ the number of Bangladeshi students going abroad for studies is larger than ever. As a result‚ everyday a huge number
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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 helped AirAsia to open up and capture a sizeable market in Thailand. With their strong working relationship with Airbus‚ they managed to get big discount for aircraft purchase which is also more fuel
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Transparency • Human Capital Development KEY STRATEGIES • Safety first • High aircraft utilization • Low fare‚ no frills • Streamline operations • Lean distribution system • Point to point network Subsidiaries • Indonesia Air Asia • Air Asia Japan • Thai Air Asia • Air Asia X • Air Asia Philippines • Air Asia India Destination Map • 142 routes to 78 destinations (Over 400 daily fights covering Indonesia‚ Malaysia and Thailand). • International routes: • Australia •Over 400 daily fights covering:
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Introduction Nowadays‚ there are several approaches of long-term financing which depends on the needs of each sector of business. With strengthening Asian currencies and lowering prices of aircraft‚ Asian buyers are given an edge to engage in acquiring leasing business. The shift of leasing form West to East is more apparent in Japan and China‚ where healthy stable economic growth persists and the needs of domestic and international aviation increases. The articles “Aircraft Leasing Shifts East
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