Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah

Air Asia was established on 12th December 2001 by a determine guy name Tony Fernandes. He begins to involve airline business by creatinga new company named Tune Air with three of his partners. During the 3rd quarter of 2001, his company willing to purchase Air Asia company for the unbelievable price...

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Main Authors: Roslan, Mohd Khairi Asyraf, Hamsah, Shasha Nurshafika
Format: Student Project
Language:English
Published: Faculty of Business and Management 2014
Online Access:http://ir.uitm.edu.my/id/eprint/17028/
http://ir.uitm.edu.my/id/eprint/17028/2/PPb_MOHD%20KHAIRI%20ASYRAF%20ROSLAN%20BM%2014_5.pdf
id uitm-17028
recordtype eprints
spelling uitm-170282019-03-06T01:06:41Z http://ir.uitm.edu.my/id/eprint/17028/ Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah Roslan, Mohd Khairi Asyraf Hamsah, Shasha Nurshafika Air Asia was established on 12th December 2001 by a determine guy name Tony Fernandes. He begins to involve airline business by creatinga new company named Tune Air with three of his partners. During the 3rd quarter of 2001, his company willing to purchase Air Asia company for the unbelievable price of RM 1 but he must take over 50% of Air Asia’s net liabilities around the RM 40m worth of debts together. The company grows slowly from time to time to be one of the successful low cost airlines in the industry. By using a simple yet strong slogan “Now Everyone Can Fly”, it makes their brands positioned in most of the customer’s mind as the cheap and affordable airline fare. Nowadays, Air Asia has over 20 routes around the globe in its network and it will continue to increase to conquer the low cost airline industry through its innovative solutions, efficient processes and appropriate strategy to business. The biggest achievements they earn are being awarded as the world’s best airline company by Skytraxx for four consecutive years which is from 2009 until 2012. This achievement shows that Air Asia must maintain their business and find the new strategy to attract more people to use their service. Faculty of Business and Management 2014 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/17028/2/PPb_MOHD%20KHAIRI%20ASYRAF%20ROSLAN%20BM%2014_5.pdf Roslan, Mohd Khairi Asyraf and Hamsah, Shasha Nurshafika (2014) Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
description Air Asia was established on 12th December 2001 by a determine guy name Tony Fernandes. He begins to involve airline business by creatinga new company named Tune Air with three of his partners. During the 3rd quarter of 2001, his company willing to purchase Air Asia company for the unbelievable price of RM 1 but he must take over 50% of Air Asia’s net liabilities around the RM 40m worth of debts together. The company grows slowly from time to time to be one of the successful low cost airlines in the industry. By using a simple yet strong slogan “Now Everyone Can Fly”, it makes their brands positioned in most of the customer’s mind as the cheap and affordable airline fare. Nowadays, Air Asia has over 20 routes around the globe in its network and it will continue to increase to conquer the low cost airline industry through its innovative solutions, efficient processes and appropriate strategy to business. The biggest achievements they earn are being awarded as the world’s best airline company by Skytraxx for four consecutive years which is from 2009 until 2012. This achievement shows that Air Asia must maintain their business and find the new strategy to attract more people to use their service.
format Student Project
author Roslan, Mohd Khairi Asyraf
Hamsah, Shasha Nurshafika
spellingShingle Roslan, Mohd Khairi Asyraf
Hamsah, Shasha Nurshafika
Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah
author_facet Roslan, Mohd Khairi Asyraf
Hamsah, Shasha Nurshafika
author_sort Roslan, Mohd Khairi Asyraf
title Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah
title_short Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah
title_full Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah
title_fullStr Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah
title_full_unstemmed Survival of Air Asia in low cost airline industry / Mohd Khairi Asyraf Roslan and Shasha Nurshafika Hamsah
title_sort survival of air asia in low cost airline industry / mohd khairi asyraf roslan and shasha nurshafika hamsah
publisher Faculty of Business and Management
publishDate 2014
url http://ir.uitm.edu.my/id/eprint/17028/
http://ir.uitm.edu.my/id/eprint/17028/2/PPb_MOHD%20KHAIRI%20ASYRAF%20ROSLAN%20BM%2014_5.pdf
first_indexed 2023-09-18T22:57:24Z
last_indexed 2023-09-18T22:57:24Z
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