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AIR ASIA COMPANY PROFILE

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OB PROJECT

TONY FERNANDEShttps://www.google.co.in/search?q=tony+fernandes&biw=1280&bih=689&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiZp9bg0J7KAhWIExoKHVFeDrUQ_AUIBygC

PROFILEFounded:20 December 1993Commenced operations: 16 November 1996Hubs: Kuala Lumpur International AirportCompany slogan: Now Everyone Can FlyParent company: Tune groupHeadquarters: Low Cost Carrier Terminal Sepang, Selangor, MalaysiaKey people: Tony Fernandes, Co-founder & CEO of Air Asia Group. Aireen Omar, CEO.Website: www.airasia.com

https://en.wikipedia.org/wiki/AirAsia

HISTROYThe airline was established by a Malaysian conglomerate in 1993 and commenced operations in 1996. In December 2001, with the airline heavily in debt, Air Asia was purchased by Tony Fernandes of Tune Air Sdn. Bhd.

https://en.wikipedia.org/wiki/AirAsia

MISSION OF THE COMPANY To have a productive and motivated workforce and build close relationship between employees and top management. Updating and embracing the technology all the time to meet the goals of Air Asia that is reduced the cost to the lowest. To bring full premier services to the customers yet offering the lowest flight cost.

http://www.ukessays.com/essays/commerce/vision-and-mission-of-airasia-commerce-essay.php

http://vietnamdomesticflights.com/airasiaTarget market

SERVICESFlight booking (It was the first airline to provide online booking )Low fare finderCustomized travelIn-flight comfortsTravel insuranceDestination highlightsNo compromise on safety of customersOffers to employees and customersFamous flight attendant

STRENGTHWell established brand name.Low-cost leader in area.Strong management and links with Govt.Excellent utilization of IT.It has operations over 25 countries, and over 400 international & national destinations.WEAKNESSIt does not have its own maintenance. (ST technologies)Not on too many routes as compared to market leaders.Stiff competition in its sector.

OPPORTUNITYASEAN OPEN SKIES agreement.Opportunity to partner with other low cost airlines.Population of Asian middle class will be reaching.The increasing traffic from inside India & India prefer budget airlines as they are cost conscious.Has positioned itself as the major LCC is southeast Asia.THREATSCertain rates and charges are beyond the control of airlines operators. Air Asias profit margin is about 30% which has already many competitors.Rising fuel costs.Rising labour costs.Rise of other LCCs in market.

http://www.mbaskool.com/brandguide/airlines/531-air-asia.htmlSWOT ANALYSIS

FOUNDATIONLOW COSTEFFICIENCYSTIMULATES NEW MARKETSSTRONG CASH FLOWSAFETYLOW FARESERVICESIMPLICITYHIGH MARGINSSUSTAINABLE GROWTHSTRATEGYhttp://www.airasia.com/my/en/about-us/ir-strategy.page

AFFILIATE AIRLINESAir Asia IndiaAir Asia JapanAir Asia XIndonesia Air Asia & Air Asia XPhilippines Air Asia & Air Asia ZestThai Air Asia & Air Asia X

https://en.wikipedia.org/wiki/AirAsia

BOARD OF DIRECTORS Datuk Kamarudin Bin Meranun ( Non-independent Executive Chairman )Tan Sri Dr. Tony Fernandes ( Non-independent Executive Director & Group Chief Executive Officer)Aireen Omar ( Executive Director & Chief Executive Officer)DATO Abdel Aziz@abdul Aziz Bin Abu Bakar ( Non-independent& Non-executive Director)

Independent Non-executive DirectorDato Fam Lee EeAmit BhatiaStuart L DeanDato Sri G Gnanaraja

http://www.airasia.com/my/en/about-us/ir-directors-biography.page

SUBSTANTIAL SHAREHOLDERSNameDirectIndirectNo. Of Share Held% Of Issued ShareNo. Of Share Held% Of Issued ShareTune Air Sdn Bhd53121208219.09--Tan Sri Dr. Anthony Francis Fernandes16000000.0653121208219.09Dato Kamarudin Bin Meranun20000000.0753121208219.09Wellington Management Company, LLP38854684213.96--

Employees Provident Fund Board1702032006.12280943001.01

http://www.airasia.com/my/en/about-us/ir-major-share-holders.page

Five-year financial highlights(RM million, unless otherwise stated)For the year ended 31 December20102011201220132014INCOME STATEMENTRevenue3,9484,4954,9465,1125,416Net total expenses2,8813,3323,9194,1944,562EBIT1,0671,1631,027918854Share of results of jointly-controlled entities-12(3)14-Share of results of associates-(6)142-Profit before taxation1,09977796336123Taxation(38)(222)(173)160Net profit1,06155579036283BALANCE SHEETDeposits, cash and bank balances1,5052,1052,2331,3801,338Total assets13,24013,90615,72917,85620,664Net debt (Total debt - Total Cash)6,3525,6766,1778,79011,390Shareholders' equity3,6414,0364,8605,0014,555

http://www.airasia.com/my/en/about-us/ir-5-year-financial-highlights.page

AIRASIA INDIAFounded: 28March2013Commenced operations: 12June2014Headquarters: Bengaluru, India.Key people: S.Ramadoraj (Chairman )Mittu Chandilya (CEO & MD) Website: www.airasia.com/inFleet size: 6Destinations: 10https://en.wikipedia.org/wiki/AirAsia_India

ABOUT AIR ASIA INDIA

TARGET MARKETMISSION IN INDIAFUTURE PLANMARKET SHAREhttps://www.google.co.in/search?q=AIRASIA+INDIA+MARKET+SHARE+IN+INDIA&biw=1280&bih=689&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiMv-Odq6LKAhWK2BoKHc-YBYYQ_AUIBygC#imgrc=DSNzxk32WENqUM%3A

FLEET IN INDIASTATECITYAIRPORTANDHRA PRADESHVISAKHAPATNAMVISAKHAPATNAMASSAMGUWAHATILOKPRIYA GOPINATH BORDOLAI INTERNATIONALCHANDIGARHCHANDIGARHCHANDIGARH DELHIDELHIINDIRA GHANDHI INTERNATIONALGOAGOAGOA INTERNATIONALKARNATAKABENGALURUKEMPEGOWDA INTERNATIONALKERALAKOCHICOCHIN INTERNATIONALMAHARASHTRAPUNEPUNE AIRPORTMANIPURIMPHALIMPHAL INTERNATIONALRAJASTHANJAIPURJAIPUR INTERNATIONALTAMIL NADUCHENNAICHENNAI INTERNATIONAL

https://en.wikipedia.org/wiki/AirAsia_India

ACHIEVEMENTWorlds Best Low Cost Airline By Skytrax (Winning This Award For 7 Years )Worlds Leading Low Cost Airline -By World Travel Awards (2013)2012 ATW Value Airline Of The YearBest Asian Low-cost Carrier -By TTG Travel Awards (2011)Asias Best Low-cost Cargo Carrier Award By Aviation Award Asia 2011And many morehttp://www.airasia.com/my/en/about-us/awards.page

FUTURE PLANS To spearhead flight industry and to be the most recognized low-cost airline company that delivers the best flying experience in Asia.

http://www.ukessays.com/essays/commerce/vision-and-mission-of-airasia-commerce-essay.php

ACKNOWLEGEMENTIwould like to express my special thanks of gratitude to my teacher Rucha maam as well as Vijay sir for allowing me to do the project.I came to know about so many new thing. I am really thankful them.Secondly I would like to thanks for my family for their support.

BIBLOGRAPHYhttp://www.ukessays.com/essays/commerce/vision-and-mission-of-airasia-commerce-essay.phphttp://www.airasia.com/my/en/about-us/ir-directors-biography.pagehttp://www.airasia.com/my/en/about-us/awards.pagehttp://www.airasia.com/my/en/about-us/ir-strategy.pagehttp://www.airasia.com/my/en/about-us/ir-major-share-holders.pagehttp://www.airasia.com/my/en/about-us/ir-annual-reports.pagehttp://www.mbaskool.com/brandguide/airlines/531-air-asia.htmlhttp://www.aviationpros.com/press_release/10741439/st-aerospace-seals-component-repair-management-contract-with-airasiahttps://en.wikipedia.org/wiki/AirAsiahttps://www.google.co.in/search?q=tony+fernandes&biw=1280&bih=689&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiZp9bg0J7KAhWIExoKHVFeDrUQ_AUIBygC http://vietnamdomesticflights.com/airasiahttp://www.airasia.com/in/en/about-us/our-offerings.pagehttp://www.airasia.com/my/en/about-us/ir-5-year-financial-highlights.pagehttps://www.google.co.in/search?q=AIRASIA+INDIA+MARKET+SHARE+IN+INDIA&biw=1280&bih=689&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiMv-Odq6LKAhWK2BoKHc-YBYYQ_AUIBygC#imgrc=DSNzxk32WENqUM%3A

OB PROJECTNAME: RUCHITA. SANGARE.CLASS: F.Y.B.M.SROLL NO: 47TOPIC: AIRASIA COMPANYCOLLEGE: S.N.D.T UNIVERSITY

THANK YOU?