Air Asia Berhad is the only Malaysian-based low cost airline and also a pioneer of low- cost travel in Asia. The main hub is the low-cost carrier terminal (LCCT) at Kuala Lumpur International Airport. Air Asia was established in the year 1993 and started its operations on the 18 November 1996. Originally‚ it was founded by a DRB-HICOM which is the government owned conglomerate. Then‚ Tony Fernandes’s company which is Tune Air Sdn. Bhd. bought the company on the 8 September 2001 with estimation
Premium Low-cost carrier Tony Fernandes Kuala Lumpur
low-cost airlines‚ Air Arabia is for sure to come into mind. Operating since 2003‚ Air Arabia has managed to get its name into the most preferred low cost airlines. It is rated as the 3-star budget airline by “skytrax”. Not only does provides fairly good services at quite reasonable rates‚ but also happens to be the first and hence the largest low cost airline in the entire middle east that operates timely services to more than 57 destinations worldwide. Looking Back: Air Arabia came into existence
Premium Airline Low-cost carrier Southwest Airlines
of the air that is surrounding us because it is usually invisible‚ odorless and tasteless when in its unpolluted state. One becomes aware of the air when the wind blows‚ when the temperature changes‚ or when visibility is reduced (Palomba‚ 1979). Polluted air‚ normally‚ reduces the intake of oxygen necessary for healthy physiological functioning of the body‚ and can have severe health impacts (Editor‚ 2007). Since the time of the Industrial Revolution‚ it has been evident that the air we breathe
Premium Air pollution
the landing fees went up because of the increase in the air traffic and the airport terminals. Fuel prices went down in the financial crises 2008- 2009 but the passenger air travel had declined as well by 5.4% in Canada. 2. Describe airline industry’s strategies to address these challenges? Consolidation is the primary strategy that the airline used to address these challenges. In addition to that‚ global expansion is an important strategy as well because international flights are accounted for
Premium Risk Hedge Derivative
1 TOPIC: Air Namibia UNIT NAME: MARKETING STRATEGY UNIT CODE: MKW3440 LECTURER: Dr. H.B. Klopper TUTOR: Diana WORD COUNT: 2731 Words ASSIGNMENT BY: Lekgotla Ntshole 2 Table of Contents Executive Summary........................................................................................................................3 1. In-Depth Evaluation of Strategic Objectives & Strategic Fit....................................................4 2. Industry Review‚ Competitor Analysis & Profiling
Premium Marketing Strategic management Namibia
Fuel Hedging A Strategy for Air Carriers to Combat Fuel Hike Index Jet Fuel – The Nemesis of Airlines In the year 2008‚ the growth of global aviation industry received a major bolt from the fear of global economic slowdown and the rise in crude oil prices. Though the global economic uncertainties impacted the business of airlines‚ but the steep surge in crude prices has changed the financial equations of the airline across the world‚ with India being no exception. In fact over the previous
Premium Airline Petroleum OPEC
Thai Air Asia Limited Section 1: Company Background In the past‚ domestic air routes were limited to only few players; such as Thai Airways‚ Bangkok Airways‚ Air Andaman‚ and Phuket Air. Prime Minister Thaksin Shinawat announced the opening of Thai air routes in 2002 and this has induced a lot of airlines to enter the market‚ especially low cost airlines‚ which have already been widely and well accepted in scores of countries. In Southeast Asia‚ at that time‚ Air Asia Malaysia was considered
Premium Low-cost carrier Airline
established in 1993 and began operations on 18 November 1996. It was originally founded by a government-owned conglomerate‚ DRB-Hicom. On 2 December 2001 the heavily indebted 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‚ producing a profit in 2002. AirAsia’s CEO Tony Fernandes subsequently unveiled a five-year
Premium Airline Low-cost carrier
| |Strategic Management Course | |Strategic analysis of Air Astana Company | |
Premium Airline Lufthansa Northwest Airlines
For my book report I have chosen "Into Thin Air: A personal Account of the Mt. Everest Disaster". This non-fiction book is written by Jon Krauker‚ who is a journalist. In this book‚ Krauker talks about the events which led him to participate in an expedition to Mt. Everest and what happens during this expedition. This expedition to Everest of 1996 is considered to be one of the deadliest season in history and Krauker tells the story of it. Krauker is a writer and a climber who is put on an assigment
Premium Into Thin Air Mount Everest Anatoli Boukreev