Which attracts newcomer customers who sensitive in price. AirAsia’s competitive advantages are comprised of both Cost Leadership and Differentiation with clear market positioning and brand image. Start from Acquisition from Malaysian government‚ Tony Fernandes restructured business model to be low-cost embedded down to corporate’s core similarly to the success LCC in the western. For example‚ acquired all new Airbus320-200 fleets‚ targeting on secondary airports‚ one standard seating without reservation
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1.0 INTRODUCTION The organization that our group had chosen is AirAsia. AirAsia is Asia’s leading airline was established with the dream of making flying possible for everyone. Since 2001‚ AirAsia has swiftly broken travel norms around the globe and has risen to become the world’s best. With a route network that spans through our innovative solutions‚ efficient processes and a passionate approach to business. Together with associate companies‚ AirAsia X‚ Thai AirAsia and Indonesia AirAsia‚ AirAsia
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AirAsia Berhad (284669-W) 25-5‚ Block H‚ Jalan PJU 1/37‚ Dataran Prima‚ 47301 Petaling Jaya‚ Selangor Darul Ehsan‚ Malaysia Tel : (603) 78809318 Fax : (603) 78806318 E-mail : investorrelations@airasia.com Website : www.airasia.com CONTENTS AirAsia Berhad | annual report 2007 Our Dreams and Aspirations To be the largest low cost airline in Asia serving the 3 billion people who currently are underserved with poor connectivity and high fares. G G 2 4 7 8 12 20 22 24 26 30 32 34 36
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AirAsia The Sky’s the Limit Question 1 Air Asia was established in 2001 by CEO Tony Fernandes and his three partners. It is an Asia’s leading low fare airline. By using a strong slogan “Now Everyone Can Fly” AirAsia has successful created its image in passengers’ mind. Gerry‚ J.‚ et al. (1993‚ pg 148)‚ SWOT analysis is a valuable approach for AirAsia to review its strengths‚ weaknesses‚ opportunities and threats‚ aiming to identify the current strategy of AirAsia’s organization and hence target
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Group in December 2010 signed an agreement to establish a Philippine-based low-cost affiliate‚ which is expected to be operational by end 2011. The quest to democratise air travel began when Tune Air Sdn. Bhd. – founded in 2001 by Dato’ Sri Dr. Tony Fernandes‚ Dato’ Pahamin Ab. Rajab‚ Dato’ Kamarudin Meranun and Dato’ Aziz Bakar - bought over the loss-making‚ debt-riddled AirAsia from HI COM Holdings Berhad (now DRB-HICOM Berhad) for a token sum of RM1. The enterprising group quickly settled the airline’s
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the world’s best. With a route network that spans through more than 20 countries. AirAsia continues to pave the way for low-cost aviation through innovative solutions‚ efficient processes and a passionate approach to business. According to Mr Tony Fernandes‚ they are in a huge market and they are only 5 yrs old company. Southwest Airlines has 400 planes in a market of 350 million people. AirAsia in a market that’s double‚ triple that. Because of that AirAsia has a lot of potential to grow‚ but grow
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| To be filled in by the student□ Non Confidential □ Confidential | Title: The conspicuous spending of billionaires and corporation funds in British football: impact on supporters and the community Program: MIB - 31 - Grenoble (2011 - 2013) Academic Year: 2011-2012 Dissertation / Project / Internship Report: Project Proposal 2011-2012 Student Name: Leo Mikaël School Tutor / Evaluator Name: Djeddour Mohamed To fill in for Internship only: Company
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The Buffalo Zoo Case Study Donna Fernandes illustrated several successful traits of a leader as described in the textbook on page 322. Donna had drive- that is achievement‚ sense of responsibility‚ ambition and energy. Donna also illustrated motivation‚ especially power‚ honesty‚ and integrity. Donna also had an extreme amount of self-confidence‚ which she exhibited with a well thought out vision for the zoo. Some additional characteristics and achievements that may have contributed to her
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1…ENTREPRENEUR Entrepreneurs‚ in the purest sense‚ are those who identify a need any need and fill it. It’s a primordial urge‚ independent of product‚ service‚ industry or market. The U.S. economy needs all kinds of entrepreneurs from coders to clockmakers in order to close its widening fiscal hole. But the relentless‚ seek-and-solve breed is our salvation. They are the ones forever craning their necks‚ addicted to “looking around corners” and “changing the world.” They not lenders are the real
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COMPANY INTRODUCTION Air Asia Berhad was set up by Dato’ Tony Fernandes in 2001. In December 2001‚ Dato’ Tony Fernandes along with Dato’ Pahamin Ab. Rajab (Chairman‚ AirAsia)‚ Dato’ Kamarudin bin Meranun (Deputy Group Chief Executive Officer‚ AirAsia) and Abdul Aziz bin Abu Bakar (Director‚ AirAsia) formed a partnership and set up Tune Air Sdn Bhd (Tune Air)‚ an airline holding company then bought over AirAsia from government-owned conglomerate DRB-Hicom on December 2‚ 2001 which Air Asia was
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