The steps and tests which were run in order to get a clear picture of the demand and how the regional development has increased for the Hong Kong Airport in particular are in discussion here. The demand forecast for the year 2015 has also been included in this report using the appropriate moving average method. In a nut shell, a moving average (MA) is defined as a pattern indicator or slacking pointer in light of the fact that it is in view of past values. The two essential and regularly utilized
market outlook is our long term forecast of the air traffic volumes & demand. The forecast helps shape our product strategy & guide long term business planning. We start fresh every year, factoring the effects of current business conditions & developments into our analysis of the long term drivers of air travel. Effects of market forces. The Aviation industry continually adapts t market forces. Key among these are fuel prices, economic growth & development, environmental regulations, infrastructure,
......................... 1 2 What are the characteristics of the airline industry? ................................. 2 3 Which were the most important trends and developments in the airline industries’ past shaping the current future? .............................................. 4 4 Which trends and developments can be identified in the current airline industry that will shape its future? ........................................................... 10 5 Conclusion ...
Aviation Economics Estimating Regional Air Transportation Demand – Asia Pacific 14 Sep 2013 Table of Contents 1) Introduction 1.1) Boeing’s forecasting methodology Boeing uses both top-down and bottom-up approaches to analyse the market situation from 2013 to 2032. Bottom-up approach was done by taking into account of forecasting the economic predictions, growth momentum, historical trends, travel attractiveness, domestic air regulation etc. (Boeing, 2013). It also
Introduction One of the most exceptional and economic wonders of the post-war period is the growth in a new form, known as multinational enterprise or venture (Buckley 1976). Multinational Enterprise otherwise called a MNE, is characterized as the association which involves itself in investing resources in a foreign land. Also known as foreign direct investment (FDI), this venture maintains a value added activities in more than one nation or country other than its home country. Few of the professional
Executive Summary As the world’s economic centre of gravity moves towards Asia, many multinationals relationships with South East Asia is becoming increasingly linked to their economic future. Building broader and resilient relationships in the overseas markets is fundamental to deliver long-term service in order to foster economic prosperity within the world. This is the apt time for big multinationals to focus on South East Asia and double their engagement efforts. With the growth of much new innovative
Cities in Asia Today two massive trends can be seen in the development of the world: the process of rapid urbanization, and the process of globalization. The two seem to go hand in hand. The 40 largest mega-regions produce two-thirds of global economic output and 90 percent of global global innovation, while housing just 18 percent of the world’s population. For those reasons urbanization and globalization trends keep rising at a pace that the world has never seen before, especially in Asia. As we
Trends in Key economic variables within targeted countries. Content Section page 1.0 Introduction 2 2.0 Five forces in tourism 2 3.1 Rivalry 3.2 Threat of new entrants 3.3 Threat of substitute 3.4 Bargaining power of buyers 3.5 Bargaining power of suppliers 3.0 Review of Trends in economic variables 5 3.1 operating
constantly increased from 3799 to 4593 employees in the year 2009 as stated in the financial statement. This benefits the financial performance of AirAsia by increasing the operating profit margin 29.1%. Social-culture analysis Air Asia operates with many diversified regions in Asia, all of them are different in their own unique way and this allows AirAsia to attract their passengers throughout Asian countries with has many diverse languages and cultures. Related to the difference of the nature the demographic
remain in the market. The rapid development of the global trade in terms of goods and services as well as the foreign direct investments has also influence the way