percent compared to 2009 levels (§1.15). The airline industry‚ low-cost and conventional carriers alike are taking a heavy toll from the fuel price hikes‚ which have contributed to a surge in operating costs up to twenty-nine percent(§1.15). Ryanair‚ a low-cost carrier‚ wasn’t spared by the rising operating expenses that plagued the airline industry. Nevertheless‚ Ryanair’s position as the leading low-cost carrier and its strategies has turned the unfavourable macro-environment to its advantage. In
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the east coast of the U.S. * A Singapore budget ailrline‚ Scoot‚ will begin operations this model in 2012‚ joining Malaysia’s AirAsia X and Australia’s Jetstar‚ a Qantas subsidiary‚ in flying long-haul in the region. * Transatlantic budget carrier Zoom Airlines ceased all operations because of financial difficulties in 2008. * International Lease Finance Corporation (ILFC) to lease six Airbus A330-300 aircraft to AirAsia X between 2013-2014. AirAsia X CEO aims at being the dominant market
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AIR ASIA 1. a) Air Asia’s vision: • To be established as the leading low-cost carrier in the Asian region. AirAsia’s mission: • A low cost airline carrier that offers five-star service with 95% of on-time performance. • To be able to provide affordable airfares‚ at the same time promoting Malaysian hospitality and the local food. • To focus on customer’s needs by stimulating demand and offers the lowest fares‚ comprehensive distribution channel and developing various products and services. AirAsia’s
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……………………………………………………………30 Harkness Consulting 2 Executive Summary From its initial flight in February 2000‚ JetBlue emerged into the heavily competitive airline industry as the little airline that could. While legacy carriers declared bankruptcy‚ JetBlue trounced its competition by offering low‐cost‚ customer‐focused service. Under the direction of the energetic David Neeleman‚ JetBlue became a major player in the airline industry. Operating domestic flights on
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Business-Level Strategy of Air Asia Introduction: Aviation‚ an industry where it is full of fluctuations‚ has always been affected by various factors. It is not uncommon to see aviation-related companies keep changing their own strategies to make ends meet. Overall the air industry in Asia has continuously growth recently and maintains a high level of ranking. Among the explosive growth in budget airlines market‚ Air Asia is obviously the typical example for further study with the most fleet sizes
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Contents INTRODUCTION Airlines had suffered a huge impact after the crisis in 2008‚ but the long term perspectives are optimistic. Air traffic has doubled in the last 15 years and will double in the next 15 years. There will be a lot of changes in the business model explained in a summarized way by the PEST analysis‚ but the main point is that people demand for flying will persist and increase in the next years. Due to a reduction on ticket prices and a simultaneous economic power increase
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INTRODUCTION Air Asia is a Malaysia Low Cost Carrier Airline Company which was founded in 2001 by Tony Fernandes. The company provides a totally different type of service in line with the nation’s goal which is to benefit all people and worldwide travellers. The main service takes the form of no frills. Before 2011‚ it is a money losing airlines operated by the government which after that became a successful airline company after being taken over by Tony Fernandes. It can be said it is a remarkable
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CASE APPLICATION TURBULENT FLIGHT PLAN OVERVIEW: Air Canada is Canada’s largest airline and flag carrier. The airline had founded in 1937. The company is the world’s 11th largest passenger airline by fleet size. The Chairman of Air Canada is David Richardson and the President and CEO is Montie Brewer. Air Canada operates flights to 99 destinations in Canada‚ the USA‚ Latin America‚ Europe‚ Australia and Asia. Combined with its Jazz network‚ the airline serves 163 destinations worldwide
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Market Place: Malaysia Airlines (MAS) has announced their new business plan for year 2012‚ aiming to restore their profitability on the premium sector‚ as to become the preferred premium carrier. (Business Plan‚ Our Way Forward‚ December 2011‚ page7) By achieving the vision as to become the preferred premium carrier‚ they will be launching a new regional premium airline. In the first half of 2012‚ they will launch new short-haul brand‚ flying an entirely new Boeing 737-800 fleet‚ as to focus the unique
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International Strategic Management 1. Legislation and regulatory rules in the industry Bilateral air service agreements remain the primary vehicles for liberalizing international air transport services. In the past 15 years more than 157 “open skies” agreements have been concluded between 96 states‚ the US being one of the states in 82 of the cases. Along with the continuing liberalization of air transport regulation‚ the protection and improvement of airline passenger rights has gained
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