...Www.academia.edu/1508051/AirAsia_The_Worlds_Lowest_Cost_Airline Presentation ref Pacific Southwest Airlines 1949 – first low cost airline Pioneered by Southwest airlines in 1970s followed by Ryanair and easyjet in europe Monopoly Operator Malaysian Airlines Promotional fare as low as MYR 1 Started 1993 Boought by tony Fernandez in 2001 AirAsia, the heavily-indebted subsidiary of the Malaysian government-owned conglomerate, DRB-Hicom, was quickly losing money. Fernandes mortgaged his home and used his personal savings to acquire the company, comprising two ageing Boeing 737-300 jets (9M-AAA and 9M-AAB) and US$11 million (RM40 million) worth of debts, for one ringgit (about 26 US cents), and transformed it into an industry player. One year after his takeover, AirAsia had broken even and cleared all its debts DRB-HICOM assembles cars in Malaysia for Honda, Isuzu, Suzuki, Mercedes-Benz[1] and Volkswagen,[2][3] with plans for expansion. REFERENCE http://www.airasia.com/ask/template.do?id=429 PARIS, 19 JUNE 2013 – AirAsia is named the World’s Best and Asia’s Best Low Cost Airline for the fifth consecutive year at the 2013 World Airline Awards. AirAsia X, the low cost, long haul affiliate carrier of the AirAsia Group also received the World’s Best Low Cost Airline – Premium Class and World’s Best Low Cost Airline – Premium Class Seat title. The Skytrax World Airline Awards is the global benchmark of airline excellence and one of the most prestigious accolades...
Words: 7302 - Pages: 30
...Flag Burning History has taught us, sleeps or wakes up this country actually achieved independent over 54 years. Generally, the absolute freedom granted to the indigenous population heads of leadership that was originally under the leadership of Tunku Abdul Rahman Putra Al-Haj. However, it should be remembered again, the history of western imperialist occupation of much flushed and sweat of the people of Malay land resources for the benefits of themselves and their nation. What a cruel, greedy and cruel rule for 446 years occupied the country. As citizen of Malaysian, a string of previous history as a struggle should be the nation of Malaysia. “Eating is not satisfied, do not sleep soundly, no wet bath.” That is seen as circumstances and situation peoples of Malay in the colonial era. There are sad, bleaker and darker. If announced to the public about this story is sure to be stunned, speechless and some who shed tears of sympathy. Imagine imperialist atrocities when they were everywhere on our shoes. Indigenous populations into slaves, while other people pleasing profits from the sweat of our ancestors. Today security can no longer be defined only in the traditional form of accounting for the military threats and related issues even if we to enjoy nearly 54 years of independent in which globalization. The nation-state had to work together to safeguard commons interests, but at the same time maintaining special interest to them. This resulted in increasing need to maintained...
Words: 3157 - Pages: 13
...TABLE OF CONTENT CONTENT | PAGE NUMBER | INTRODUCTION | 2 | TASK A | 3 | TASK B | 4-7 | TASK C | 8-18 | TASK D | 19-25 | CONCLUSION | 26 | RECOMMENDATION | 27-29 | REFFERENCES | 30-31 | INTRODUCTION A REVOLUTIONARY NAME IN AIR TRAVEL REACHES GREATER HEIGHTS (airasia) AirASia is indeed on its way on becoming the dominant player in the airline industry, It is a low cost airline based in Kuala Lumpur, Malaysia who operates scheduled domestic and international flights. The company is Asia’s largest low fare, no frills airlines, a pioneered low cost travelling in Asia. Also the first airline in the region to implement fully ticketless travel and unassigned seats. Their main base is in the Low cost Carrier Terminal(LCCT) at Kuala Lumpur International Airport (KLIA). They also have associates with the airlines Thai Air Asia and Indonesia Air Asia fly from Suvarnabhumi Airport, Thailand and Soekarno-Hatta International Airport, Indonesia. The airlines established in 1993 and started operations on 18 November 1996. It was originally founded by a government-owned conglomerate DRB – Hicom. On December 2, 2001 the heavily – indebted airlines was purchased by the former Time Warner executive Tony Fernandes’s company Tune Air Sdn Bhd for the token sum of one ringgit. Fernandes proceeded to engineer a remarkable turnaround, turning a profit in 2002 and launching new routes from its hub in Kuala Lumpur International Airport at breakneck speed, undercutting former...
Words: 8670 - Pages: 35
...Asian Low Cost Airlines A Strategic Management Analysis Analysis is made from Strategic Alliances between Batch 20 and Batch 21 of SGU MBA Program Written by YopieRissa Pahlawan Arfianto RiaHutari RonyHariadi If you get your passengers to their destinations when they want to get there, on time, at the lowest possible fares, and make darn sure they have a good time doing it, people will fly your airline. Rollin King and Herb Kelleher, founder of Southwest Airlines in 1971 SECTION 1 – Budget and Low Cost Airlines 1.1. Budget Airlines The original concept of budget airlines is basically outsourced business. It puts together other businesses into and integrates those separate businesses into a form of operation and put effort to create a brand. Basically, it will try to minimize capital investments and cover it with operational expenses. And by nature of its business model, the cost structures are all variable costs, or very minimum fixed costs. With this business model, the company is not only rent the aircraft, but also outsourced its pilots, flight attendants, and other employees. It will sell tickets through agents and use service from company doing aircraft maintenance and services. And to ensure the profitability, it is critical that the operational costs, which is the main source of expenses, to be as low as possible. Therefore, it is typical that companies using this business model to use old airplanes which are close to end of the service-life...
Words: 3215 - Pages: 13
...Executive Summary Malaysian Airlines System Berhad is the holding company for Malaysia’s national airline carrier, one of the fastest growing airlines in Asia. Malaysia Airlines has three airline subsidiaries, which is Firefly, MAS wings and MAS cargo. Although MAS had provide an excellent services and won many award, they still facing financial problem since year 2002. Situation become worse in year 2014 due to the MH370 and MH17 tragedies occurred. MAS are facing three main problems. First will be financial turbulence. In recent years, MAS has struggled financially. In 2013, the company reported a loss of 1.17 billion ringgit, its third consecutive year in the red. The airline had already been suffering from years of poor performance. The company’s stock price has dropped since MH370 missing and MH17 crashed occurred. A double tragedy of this nature after such a short period is unheard of in the industry, which could deal a crippling reputational and financial blow to Malaysia Airlines Malaysian Airline System Bhd. The second problem is lost confidence of passengers toward the Malaysia Airlines. Due to the disasters of MH370 and MH17, the airlines passengers lost confidence to the Malaysia Airlines which bring the feeling of fear and afraid toward MAS. Those passengers may switch to other airlines such as Air Asia and Singapore Third problem is reputation of Malaysia Airlines be damaged. At the beginning, Malaysia Airlines have a very high reputation and images in airlines...
Words: 5410 - Pages: 22
...international operations. Provide examples as appropriate. -Politic -Economic -Social issue - Technology QUESTION 2 (12.5 marks) What are Porter’s competitive forces in an organisation’s environment? Explain them and provide examples to illustrate your answer. 1. Competition in the industry - : What is important here is the number and capability of your competitors. If you have many competitors, and they offer equally attractive products and services, then you'll most likely have little power in the situation, because suppliers and buyers will go elsewhere if they don't get a good deal from you. On the other hand, if no-one else can do what you do, then you can often have tremendous strength. Eg : AirAsia competition is Malindo air, they are in same industry. 2. Potential of new entrants into industry - Power is also affected by the ability of people to enter your market. If it costs little in time or money to enter your market and compete effectively, if there are few economies of scale in place, or if you have little protection for your key technologies, then new competitors can quickly enter your market and weaken your position. If you have strong and durable barriers to entry, then you can preserve a favorable position and take fair advantage of it. Eg : Airline industry has low threats of new entrants because it is very hard to set up airline company. 3. Power of suppliers - Here you assess how easy it is for suppliers to drive up prices. This...
Words: 3610 - Pages: 15
...AIRASIA X BHD Table of Contents 1.0 Company Profile 1 1.1 Introduction of Company 1 1.2 Vision 2 1.3 Mission 2 1.4 Value 2 1.5 Logo 3 1.6 Motto 3 1.7 Corporate Information 4 1.8 Organizational Structure 5 2.0 General Environment Analysis 9 2.1 Politic Factors 9 2.2 Economic Factors 10 2.3 Social Factors 10 2.4 Technology Factors 11 2.5 Legal Factors 11 2.6 Environmental Factors 12 3.0 Task Environment Factor 13 3.1 Porter Five Forces Analysis 13 3.1.1 The Threat of the Entry of New Competitors 13 3.1.2 The Threat of Substitute Products or Services 13 3.1.3 The Bargaining Power of Customers 14 3.1.4 The Bargaining Power of Suppliers 14 3.1.5 The Intensity of Competitive Rivalry 15 3.2 Level of Threats 15 4.0 S.W.O.T Analysis 16 5.0 TOWS Matrix 18 6.0 Ratio Analysis 20 6.1 Profitability Ratios 21 6.2 Margin Analysis 21 6.3 Asset Turnover 22 6.4 Credit Ratios 23 6.5 Long-Term Solvency 24 6.6 Growth over Prior Year 24 6.7 Conclusion from Ratio Analysis 25 7.0 Strategic Directions 26 7.1 Market Development 26 8.0 Additional Information 29 9.0 References 31 1.0 Company Profile 2.1 Introduction of Company Focusing on the low-cost, long-haul segment - AirAsia X was established in 2007 to provide high-frequency and point-to-point networks to the long-haul business. AirAsia X's cost efficiencies are derived from maintaining a simple aircraft fleet and a route...
Words: 6477 - Pages: 26
...International Journal of Business and Management; Vol. 8, No. 24; 2013 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Transactional and Transformational Leadership: A Comparative Study of the Difference between Tony Fernandes (Airasia) and Idris Jala (Malaysia Airlines) Leadership Styles from 2005-2009 Arif Kamisan, P1 & Brian E. M. King1 1 School of Hotel and Tourism Management, The Hong Kong Polytechnic University, Hong Kong, China Correspondence: Arif Kamisan, P, School of Hotel and Tourism Management, The Hong Kong Polytechnic University, 17, Science Museum Road, East Tsim Sha Tsui, Kowloon, Hong Kong. Tel: 852-3400-2645. E-mail: 11555000G@connect.polyu.hk Received: May 27, 2013 doi:10.5539/ijbm.v8n24p107 Abstract Leadership plays an essential role in the success of managing organisation. The purpose of this paper is to examine the leadership styles of two leaders in managing the two biggest airline companies in Malaysia namely, Malaysia Airlines and AirAsia. The results showed that the strong leadership style and approach by the two have contributed to the success of the mentioned airlines. The transactional and transformational approaches have significantly given impact in managing the organisation in the current competitive business environment. Other leadership constructs such as entrepreneurial, ethical, innovative and creative have emerged from the two key leaders in this study and require further discussion in the future. Furthermore...
Words: 7350 - Pages: 30
...International Journal of Business and Management; Vol. 8, No. 24; 2013 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Transactional and Transformational Leadership: A Comparative Study of the Difference between Tony Fernandes (Airasia) and Idris Jala (Malaysia Airlines) Leadership Styles from 2005-2009 Arif Kamisan, P1 & Brian E. M. King1 1 School of Hotel and Tourism Management, The Hong Kong Polytechnic University, Hong Kong, China Correspondence: Arif Kamisan, P, School of Hotel and Tourism Management, The Hong Kong Polytechnic University, 17, Science Museum Road, East Tsim Sha Tsui, Kowloon, Hong Kong. Tel: 852-3400-2645. E-mail: 11555000G@connect.polyu.hk Received: May 27, 2013 doi:10.5539/ijbm.v8n24p107 Abstract Leadership plays an essential role in the success of managing organisation. The purpose of this paper is to examine the leadership styles of two leaders in managing the two biggest airline companies in Malaysia namely, Malaysia Airlines and AirAsia. The results showed that the strong leadership style and approach by the two have contributed to the success of the mentioned airlines. The transactional and transformational approaches have significantly given impact in managing the organisation in the current competitive business environment. Other leadership constructs such as entrepreneurial, ethical, innovative and creative have emerged from the two key leaders in this study and require further discussion in the future...
Words: 7350 - Pages: 30
...CHAPTER 1: INTRODUCTION 1.1 Research Background The competition between Low Cost Carriers (LCCs) and Full Service Carrier is getting intense caused by the process of liberalization in aviation field. In the case of Malaysia, the entries of LCCs, Air Asia, Firefly and Malindo have raised the number of passengers travelling inbound or outboard of the destination. According to Malaysia Airports Holding Berhad (MAHB) Annual Report 2009, the passenger movement of AirAsia for domestic traffic at KLIA increases to 5,588,493 passengers which is an increment of 10.6 percent compare to 2008. For the aviation sector, there is a significant growth of 16.6 percent, from 24.2 million passengers in 2009 to 28.2 million passengers in 2010. No doubts, airlines and airport are tightly related. This can be shown from the statement of Neufville & Odoni (2003), airport systems exist and must be designed in the context of their major clients, the airlines. To build airport facilities that will perform effectively, it is necessary both to appreciate the historical context and to understand the current and prospective needs of the users. Airports and air transport at the start of the twenty-first century constitute an exciting long-term growth industry. The industry is large, innovative, and has excellent prospects. The growth in air transport translates into major airport projects. And about a dozen major programs for airport development, costing over a billion dollars each, have...
Words: 9073 - Pages: 37
...SUSTAINABILITY REPORT 2013 INSIDE THIS REPORT... General Standard Disclosures • • Report Profile Strategy & Analysis: Joint Address By Our Chairman And Managing Director Board of Directors Governance Management Team 001 004 006 007 008 • • • Material Issues • • • • • • Practicing Sensible Economics 2013 Inaugural Flights Environmental Consciousness Creating an Inspiring Workplace Community Friendly Organisation Memorable Airport Experiences 010 013 014 018 024 028 034 038 039 Performance Data Glossary GRI Content Index cover rationale Malaysia Airports is Accelerating its Growth Momentum in tandem with the rise in the global economy. With Asia as the concentration point of global aviation growth, we are in a strong position to leverage on this as we have built up our capacity and capability to compete effectively over the years. Being a global airport company with a dynamic portfolio, we are optimistic of success as we have the fundamentals in place to operate as a world-class airport business. Critical components that support this include an efficient airport network and system, a good working relationship with all the stakeholders, an excellent service capability as well as an ample infrastructure capacity to compete with international industry players. These elements put us in good stead in a highly competitive global aviation market and ensure that millions of users and travellers continue to enjoy access to airport facilities and services that are efficient...
Words: 16520 - Pages: 67
...Manajemen Investasi Sektor-Sektor Pasar Modal Indonesia Oleh: Yosefina Selvy Arief(2012-012-093) SEKTOR-SEKTOR PASAR MODAL INDONESIA Semua perusahaan publik yang tercatat di Bursa Efek Indonesia atau BEI (dulu BEJ= Bursa Efek Jakarta) diklasifikasikan ke dalam 9 sektor BEI yang didasarkan pada klasifikasi industri yang ditetapkan oleh NEJ yang disebut JASICA (Jakarta Stock Exchange Industrial Classification). Kesembilan sektor tersebut adalah: A. Sektor Utama (Industri Penghasil Bahan Baku) 1. Sektor Pertanian 2.1. Sub sektor Tanaman Pangan Daftar perusahaan industri penghasil bahan baku, sektor pertanian, sub sektor tanaman pangan yang terdaftar di Bursa Efek Indonesia (BEI) adalah No | Kode | Nama | Tanggal | | Saham | Emiten | IPO | 1 | BISI | Bisi International Tbk | 28-Mei-2007 | (Diperbaharui 2 Oktober 2013) Catatan penting lainnya untuk sub sektor tanaman pangan : * 12 September 2013| CKRA (PT. Citra Kebun Raya Agri Tbk) pindah dari sektor tanaman pangan (kode sektor 1.1) ke sektor pertambangan logam dan mineral lainnya (kode sektor 2.3) 2.2. Sub sektor Perkebunan Daftar perusahaan industri penghasil bahan baku, sektor pertanian, sub sektor perkebunan yang terdaftar di Bursa Efek Indonesia (BEI) adalah No | Kode | Nama | Tanggal | | Saham | Emiten | IPO | 1 | AALI | PT. Astro Agro Lestari Tbk | 09-Des-1997 | 2 | ANJT | PT. Austindo Nusantara Jaya Tbk | 10-Mei-2013 | 3 | BWPT | PT. BW Plantation...
Words: 8376 - Pages: 34
...IDX STATISTICS 2012 The IDX Statistics Book includes comparative statistics on all aspects of trading and listing for January - December 2012 For more information please contact the Corporate Secretary at: Gedung Bursa Efek Indonesia (Indonesia Stock Exchange Building) Tower 1 Jln. Jend. Sudirman Kav. 52 - 53 Jakarta 12190 Indonesia Phone: (62-21) 515-0515 ext. 4302, 4320, 4322 Fax (62-21) 515-0330, 515-0118 Compiled by Research Division © 2012 Indonesia Stock Exchange. All rights reserved The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication, it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice, action taken or decision made on the basis of the facts and opinions stated or expressed within this publication. Table of Contents IDX STATISTICAL HIGHLIGHTS ............................................................................................................................... 1 STOCK PRICE INDICES Composite Stock Price Index - Highlights ..........................................................
Words: 115498 - Pages: 462
...FEM 3101 | Amali Perkembangan Remaja Pengenalan Remaja berasal dari bahasa latin iaitu adolescent yang bererti tumbuh menjadi dewasa. Menurut Papalia, Olds dan Feldman (2008), remaja merupakan zaman peralihan dari kanak-kanak menuju alam dewasa meliputi perkembangan fizikal, perkembangan kognitif, perkembangan emosi sosial dan perkembangan moral. Peranan utama remaja ialah mencari identiti atau jati diri yang meliputi keperibadian seksual dan pekerjaan. Secara umum fasa remaja dapat ditentukan dengan fasa baligh iaitu proses seseorang mencapai tahap kematangan seksual dan memiliki kamampuan bereproduktif. Perkembangan remaja bermula daripada 11 tahun sehingga 19 tahun yang mana mempunyai peringkat awal remaja dan peringkat penghujung remaja.Peringkat awal remaja iaitu antara 13 tahun hingga 15 tahun merupakan tempoh transisi antara alam kanak-kanak perempuan yang pada lazimnya mengalami tahap baligh lebih awal dari kanak-kanak lelaki. Pada peringkat ini kanak-kanak matang secara seksual dan mula berfikiran secara formal. Komunikasi ibu bapa remaja yang efektif dapat membantu dalam penyesuaian hubungan antara keluarga dengan remaja pada peringkat ini. Pada peringkat penghujung remaja iaitu antara 16 tahun hingga 19 tahun. Pada peringkat ini merupakan pembentukan identiti iaitu remaja mula berfikir dan bertindak dalam menentukan kerjaya pilihan, meneruskan pengajian dan akhirnya bekerja. Hubungan dengan rakan berlainan jantina mula terbentuk di samping kekal berhubung...
Words: 12190 - Pages: 49
...2014 Trends Report Top 10 Global Spa and Wellness Trends Forecast 2014 Trends Report Top 10 Global Spa and Wellness Trends Forecast This is our 11th annual Trends Forecast, and I have never been more excited about the spa and wellness industry. So many of the trends we predicted over the past decade are now coming to fruition…helping businesses thrive and helping people live more healthfully every day. At the same time, we are seeing new, provocative ideas that will have a dramatic impact around the globe. The 2014 trends reflect an industry that is reimagining core elements of spa and wellness and exploring brave, new directions. It is gratifying to see a healthy dose of healthy travel in several of the trends; bold new ideas in mainstays like aromatherapy and hot springs take hold; and the development of new models for classic destination spas. It is also rewarding to watch trends in technology, beauty and fitness shape how we will live (and look)—and even take note of how the industry will help people address dying, illness and major life changes. And finally, there is a trend we forecasted in 2013 that continues to capture our imagination: mindfulness. We feel strongly that it is important to watch how this is evolving, and you’ll see a short synopsis of this “über trend” in the report. Spafinder Wellness 365™’s Trends Forecast reports on what is happening in our industry, but we also strive to present a true forecast of what lies ahead. Some ideas are still on...
Words: 28888 - Pages: 116