Case Study Of Air Asia

AirAsia is a strong company with several unique strengths that offer itself could not be defeated by others competitor companies.

Strategic Planning: They try to do a lot of promotion and low-cost air ticket because Airasia company want to help everyone can afford the price to buy their air ticket to travel all around the world.

On February 29, 1996, WestJet Airlines came to life. They became the face of low-cost, short-haul, point-to-point airline for Western Canada. The organization began when entrepreneur Clive Beddoe, president of Hanover Group of Companies purchased an aircraft for personal use. Beddoe later made his aircraft available to other business people through Morgan Air, owned and operated by Tim Morgan. Tim Morgan, along with Calgary businessmen Don Bell and Mark Hill found an opportunity to start an airline. They all reached out to David Neelman, who was president of Morris Air and asked for assistance on writing the business plan for WestJet. They joined forces and WestJet Airlines came to life. They all held a different position and Beddoe was the president, chief executive officer, and chairman of the board of directors. Bell and Morgan were senior vice-presidents and Hill was the vice president. When WestJet first began, they only flew to Vancouver, Kelowna, Calgary, Edmonton, and Winnipeg. They now fly to 102 destinations in 19 different countries. In addition, they also increased the amount of aircraft they own. WestJet began in 1996 with just two aircraft and by August of 2000, they increased to 94 aircraft. Not only did they increase aircraft, but employees too. Their workforce expanded to 30,000 employees. On July 1999, WestJet hit a huge milestone when it completed its initial public offering of 2.5 million common shares. Clive Beddoe

The airline industry in the Philippines started in 1941 when the Philippine Airlines was founded. PAL then operated as a monopoly in domestic travel. Then other airline companies emerged in the industry (Reference: PAL History, PAL Website). The airline industry is very dynamic. It changes from time to time. An airline company closes and another one opens. The changes are very drastic making it very interesting to study about. One thing that proves this fast changing pace is that PAL used to be the largest airline company in Asia. And currently, it is not doing well on its finances forcing them to lay off employees and downsize the company (Reference: Philippine Airlines Income Forces Cost Cuts

Air Canada maintains several defined benefit pension plans, including domestic registered pension plans, supplemental pension plans and international pension plans. Air Canada’s pension funding obligations may vary significantly based on a wide variety of factors. Any changes to these factors may result in an increase in Air Canada’s obligations. Besides, deteriorating economic conditions or a prolonged period of low or decreasing interest rates may result in significant increases in Air Canada’s funding obligations, which could result in a huge adverse effect on Air Canada`s business. Underfunded pension plans, failure or inability by Air Canada to make required cash contributions to its registered pension plans will harm Air Canada`s

Generally profit companies are established to generate income while non profit organizations are get going ro serve a humanitarian or environmental needs

Air Asia was founded in 1993 and has since grown to be one of the biggest airlines in the world. It initially operated in Malaysia and currently operates in over 25 countries (Ricart and Wang 2005). It began operations in October 1996, operating out of Kuala Lumpur as its central location (Ricart and Wang 2005). The airline was bought by Tune Air in 2001 for one ringgit, the equivalent of 0.26 US cents, at a time when the company had $10.5 million debt (Ahmad 2010). Tune Air comprised of three initial Malaysian investors, Tony Fernandes and Connor McCarthy (Ricart and Wang 2005). With Fernandes, a former Time Warner executive, at the helm, and McCarthy, RyanAir’s former director of

Air Asia leading airline was established with the dream of making flying possible for everyone. Since 2001, Air Asia has swiftly broken travel norms around the globe and has risen to become the world’s best. With a route network that spans through to over 20 countries, Air Asia continues to pave the way for low-cost aviation through our innovative solutions, efficient processes and a passionate approach to business. Together with our associate companies, Air Asia X, Thai Air Asia, Indonesia Air Asia, Philippines Air Asia and Japan Air Asia.

In order to implement a better strategy in a company, one of the important factors that need to be a concern is the commitment of top management. It is significant to cognize that the top management is seriously dedicated. Top management must create and hold a series of principles and regulations, statements must state its commitment to JIT procurement, production, distribution strategy which product lines are affected. Besides that, the function of the machinery, the duty of every worker, the resources that available for implementation, the timetable for implementation are involved in the execution of the JIT strategy.

Non Profit Organization is that organization whose main purpose is other than earns money or profit for their business. They are much more connected to the social causes. Non-profit organizations gather money from donations these are often came from the government grants, donation or the big company contributions.

Any company aim is to increase the profit for the share holders, receive dividend (distribution of profits) in order to invest again or issue shares (selling part of the capital, method mainly used by big business to avoid asking bank loans and have liquidity – cash flow), take bank loans, while non for profit organization aim, is not to gain profit or save money but to spend for social purposes, explaining how the money was spent. There are four main types of charities structure; Charitable incorporated organization, Charitable Company,

Public Law 112-95 – FAA modernization and Reform Act of 2012 charged the Department of Transportation and the FAA to finalize and integrate UASs into the NAS with the intent of allowing commercial operations (Public Law 112-95, 2012). Any aircraft that operates within the NAS needs to be certified, registered, and controlled by a licensed pilot (non-model aircraft). With the passing of Public Law 112-95 UASs pilots could now request an exemption to these requirements under Section 333 (Section 333, 2017). This set the frame work for commercial UASs operations prior to the full implementation of 14 CFR Part 107. In late August 2016 the FAA fully implemented Part 107 of the Federal Aviation Regulations (FARs); setting

To be able to adjust with stiff competition that keep increasing in the airlines market, airlines industries tend to come up with different approaches and strategies to be more competitive. Air Asia, like any other airlines adopt strategic approach to marketing and expand their market reach and give better and satisfying service delivery to their target market. Being an industry that considers differentiation strategy, Air Asia continue to focus on their low cost approach, frequently flights approach, guest convenience, ticketless services, easy payment channels, internet booking, reservations and sales offices, and authorized travel

The project requires the student to carry out a research, analysis and discussion on how a Singapore listed company can access to the country’s financial system and how it benefits the company in achieving its business objective. The research will cover the various types of financial services offered by financial intermediaries whom the corporation can access to.

The objective of this case study is to understand the problems plaguing the Indian aviation sector behemoth - Air India. To analyze its organizational restructuring upon merger with Indian Airlines; the effect it had on the physical and human capital of the company, and, how the management dealt with the conflicts which arose from the deal.