Company overview: Air Asia After acquiring Air Asia from the Malaysian government in 2002‚ Tony Fernandes completely altered the business model of its previous owners and re-established the company with just 3 air planes. Owing debts of about 11 million U.S‚ this move was very risky; however by offering low cost prices‚ the company was able to attract sufficient travellers. After acquisition‚ 5 years later Air Asia became renowned globally as the least expensive airline in terms of cost per seat
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agreements) Used in every industrial process‚ drinking/cleaning -> shortage of water is a big threat Singapore’s 4-tap strategy by 2060 2) Southeast Asia as a “region” India and China as bookends‚ what lay in between is SEA A mixture of civilizations (Sino-Indic) Distinctive as a “region”: It transformed from just being Sino-Indic mixes to their own culture – adaptive‚ not just a passive recipient It is diverse in terms of food‚ agriculture‚ lifestyle yet distinctively different from their “parent”
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Abstract The main purpose of the report is to conduct the independent analysis of the recent trends and development of Air Asia (low cost carrier model) in the current economic condition. And this report clearly explains about the methodological approach used to find‚ select and analyses the data. Also this report provides a brief outline about the Air Asia. In addition this report exactly speaks about how they sustain in their industry by using the recent trends and modern technology. Introduction
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SWOT analysis of AirAsia Strengths Firstly‚ Air Asia has indeed a strong management team. This is clearly known as it has very strong links with the governements and airline industry leaders.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
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low-fare company. AirAsia established in 1993 and start the operations on 18 November 1996 (Wikipedia‚ 2011) Inspired by the success of Ryanair and EasyJet as low cost carrier‚ Toni Fernandes saw the potential of having the same concept in Asia. Air Asia executed the cost leadership strategy with introduced ticketless travelling‚ one type cabin‚ free seating‚ and online booking trough internet that able slash the price into 40% - 60% cheaper than regular airlines (Declanegan‚ 2012) “Now Everyone
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Yee Mon Phu Member of Management Team Business Strategy Air Asia Revenue: 4Q 12 USD 1.62 Billion Number of employees: 8‚000+ HQ location: Kuala Lumpur‚ Malaysia Ownership: Listed on the Malaysian stock exchange Year founded: 2001 The company grew from two planes in 2002 to a feet of 120 aircraft fying 30 million people Vision “To be the largest low cost airline in Asia and serving 3 billion people who are currently underserved with poor connectivity and high fares.” Mission • To
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There are 4.1 billion Asians in the world‚ or almost 60 percent of the entire human race. Individuals in East Asia are marginalized‚ especially women. There are more expectations for a woman than a man. There are no proportional expectations for men. Asian families stress gender identity‚ especially towards younger girls. At a young age‚ people are being ostracized if they do not fit the mold of what is considered beautiful. Humans are impressionable when they are younger‚ so if they hear something
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According to Joseph Nye what we are contemplating is the continuation of a process of return to normality that he calls “The Recovery of Asia”‚ bearing in mind that Asia is half of the world population and that at some moment‚ if it follows the line of growth‚ it will be half of the world product as it was in the 17th century‚ when the world product exceeded 50%. Moreover‚ professor Nye argues that there realizes a “Power Transition”‚ which is the change of power between the states‚ which it is a
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South Asia Presentation Handout Foundations Period: 10‚000-600 B.C.E. Harappan Civilization General 2500-1000 B.C.E. First known civilization in South Asia The Aryans Come Interaction 1500 B.C.E. They come up with basic ideas in India that last for much of World History Vedic Age Cultural 1500-1000 B.C.E. Famous cultural stories are made‚ and are used as a base for Hinduism Classical Period: 600 B.C.E.-600 C.E. Buddhism Cultural 500’s B.C.E. Creation
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Air Asia is a carrier which was built up in 1993 and began its operations on November eighteenth‚ 1996. On 2nd December 2001‚ the vigorously obligated carrier was obtained by Tony Fernandes‚ proprietor of Tune Air Sdn Bhd for the token whole of RM1 (Jusmpstart Malaysia‚ 2011). As a feature of the buy‚ Tony likewise took up the RM40million obligation. In any case‚ under the initiative of Tony Fernandes‚ today‚ Air Asia is a world renowned ease carrier that works broad systems both locally and globally
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