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,
economic factors that affect the decision, the board of Air Asia needs to consider before acquiring 10 units of Air Bus model A350-1000 to increase its fleet of long haul airplanes. Air Asia is the founder of low cost airlines in the Asia region since the advent of deregulation by Malaysian Government in late 90’s which in itself is a very important economic factor, without deregulation a low cost Airline cannot enter the market. For the reason that of Air Asia’s lower price, the factors affected are the
......................... 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
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
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
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
AirAsia The Sky’s the Limit Question 1 Air Asia was established in 2001 by CEO Tony Fernandes and his three partners. It is an Asia’s leading low fare airline. By using a strong slogan “Now Everyone Can Fly” AirAsia has successful created its image in passengers’ mind. Gerry, J., et al. (1993, pg 148), SWOT analysis is a valuable approach for AirAsia to review its strengths, weaknesses, opportunities and threats, aiming to identify the current strategy of AirAsia’s organization and hence target