Problems and Challenges Faced by AirAsia Essays

Problems and Challenges Faced by AirAsia Essays Problems and Challenges Faced by AirAsia Essay Problems and Challenges Faced by AirAsia Essay AirAsia is a low-cost airline based in Malaysia. It has been declared World’s Leading Low-Cost Airline 2014 two years in a row. It has also attained the tittle of Asia’s Best and World’s Best Low Cost Airline by Skytrax for six consecutive years from 2009 until 2014. The approach used by AirAsia from prior year until now is to be easy to book, pay and fly and most of the seats are sold through online. This is in line with its motto ‘Now Everyone Can Fly’. AirAsia had expanding the business to neighboring countries such as Indonesia and Thailand years later. Despite all those success, AirAsia faced some challenges and problems where it place AirAsia in declining state. Incident of Airbus 320-200 crashed Irish Times reported that AirAsia encountered biggest challenges as jet goes missing in 2014 when an Airbus 320-200 with 162 people on board went missing during a flight from the Indonesian city of Surabaya to Singapore. Then it was disclosed that the airbus crashed into the Java Sea on December, 28. It killed all 162 passengers and crew. It was reported as the first major accident involving AirAsia plane. As a consequence of that incident, AirAsia dropped fares by 9% in the first quarter to bring back passengers. The Malaysian parent airline carried 3% more passengers in the first quarter than last year, while its capacity grew 10%, leading to a drop in its seat load factor, or the portion of aircrafts filled, to 75% in the first quarter of this year versus 81% in the same period of last year. The declining value of domestic currency Besides, the declining of the value in the currency has put AirAsia at loss. The company reported a gain of 321 million ringgit after it slod a 25% stake in AirAsia ExpediaTravel to its joint venture to its joint venture partner Expedia Inc. in February for $86. 3 million. However, it also reported a 350 million ringgit foreign-exchange loss on its borrowing mainly because of the decline in value of the local currency. The company made a payment for its fuel and aircraft in U. S dollar which they claimed it was their biggest expenses. The rivalry in the industry Therewithal, the competition among airplane companies is very though. In 2013, AirAsia’s profitable market has been shaken up as rival low-cost carrier group Lion has launched Malindo Air. AirAsia’s Malaysian short-haul operation continues to report industry-leading operating profit margins of about 20% its yields have dropped in recent months and the carrier’s profitability could eventually be impacted. Now, each of Airplanes Company in the world is trying to conduct some strategies to compete with another competitor in their industry. They all have come out with different strategies to make their company better than their competitors. To sum up, every company has their own kind of problems and challenges they faced whether it is hidden or visible and whether it is known or not. Without exception, AirAsia faced a disaster in 2014 with a jet crashed and the company has to deal with current and after-effect because of the accident. It also has to cope with declining value of local currency and it is hard for AirAsia to face this as their most related expenses to the airlines have to be paid in U. S. dollar. AirAsia also has to compete with other airplane companies which always come up with new strategies as to compete.

Ranching and Agriculture on the Frontier essays

Ranching and Agriculture on the Frontier essays Ranching and Agriculture on the Great Plains During the frontier days on the Great Plains there wee two dominant ways of life. Those ways of life were ranching and farming. Most people tend to believe that farming was a much better way of life, mostly due to ties of family and community life. These ways of life were in ways similar but also different in many aspects. Cattle ranching was a way of life that took a lot of land to sustain a number of cattle. This land was used fairly lightly and used creek beds as they were, which is a process called extensive farming. It took about ten to fifteen acres for every cow/calf unit that a rancher owned, which meant the more land that a person controlled the more cattle they could raise. The vast amounts of land controlled by ranchers led to the isolation of the families that ran them. Some ranches were hundreds of miles from the next place of settlement. Upper class ranchers were able to leave the ranch in the winter, but lower and middle class ranchers had to live there year round. This meant that kids had to be home-schooled. This led to a lot of the families not being able to get out and see anything other than their families and anyone else that happened to live on the ranch. Agriculture on the Great Plains was a very intense form of farming, this meant that farmers used smaller amounts of land heavily. Farmers also had to reroute the paths of creeks to irrigate their crops because of the semi-arid conditions. Farming was more of a family based operation in that as soon as children were old enough to help they did. Everyone that was able to help on the farm did. Farming also led to the development of towns because farmers needed a place to go and sell their crops that they had grown. Farming on the Great Plains was tough, considering the semi-arid climate, wind, and the light soil composition. These conditions led the Great Plains to get the nickname Next Ye...

Buddhism in India Essay Example | Topics and Well Written Essays - 1000 words

Buddhism in India - Essay Example The history of Buddhism spans from the 6th century BCE to the present, starting with the birth of the Buddha Siddharta Gautama (History of Buddhism). India is considered to be the birthplace of Buddhism where Buddha found enlightenment at the age of 35. He then became to be known as Gautama Buddha, or simply "The Buddha", which means "the awakened one" (History of Buddhism). Buddha took much of his inspiration from the Indus Valley religions and traditions. Buddhism flourished in India during the dynasty of the Guptas (4th-6th century). Indian Buddhism weakened in the 7th century following White Hun and Islamic invasions. However, it enjoyed a strong revival under the Pala Empire, in which Mahayana Buddhism flourished between the 8th and the 12th century (History of Buddhism). Some non-Buddhist religion adopted many great things from Buddhism doctrine but spoke ill of Buddhism as well to discredit Buddhism. Some other religious fanatics also have persecuted the Buddhists, a process, which other foreign invaders of India followed until Buddhism was practically driven out of India (Buddhism in India). So by the dawn of the 20th century, Buddhism is limited only in some isolated places in India. Today, India is again appearing on the Buddhist map of the world due to the Angarika Dhammapala of Sri Lanka and great son of India Dr. Babasaheb Ambedkar (Dr. B. R. Ambedkar) the architect of modern Indian constitution. He after studying all existing religions of the world embarrassed Buddhism along with his five lakhs followers on 14th October 1956. Indians are awakening to their Buddhist past. Since then the Indians began to be surprised at the discovery of the Buddhist legacy. To talk of a "revival of Buddhism in modern India" is right in this sense of the discovery of the Buddhist heritage by Indians (Buddhism in India). Jainism, traditionally known as Jain Dharma, is a dharmic religion with its origins in the prehistory of India. There are 9 million people around the world who are Jains today. Jainism was established by Mahavira in about 500 B. C. Mahavira was called 'Jina' meaning the big winner and from this name was derived the name of the religion. (Information on India). Mahavira's full name is Vardhamaan Mahavir, he was born in about 600BC. in the home of Siddharta the King of Kundgraam of Bihar province in India on the thirteenth day under the rising moon of Chaitra. He is considered to be the twenty-fourth or the last Teerthankar of Jainism (Mahavir Swami Nirvana). He became detached from the world on the death of his parents and left his home for the forest at the age of thirty. There he practiced very hard simple life until he attained enlightenment (Mahavir Swami Nirvana).