Microeconomics Analysis of Air Asia

Introduction The purpose of this assignment is to apply the concept of microeconomics in abridgment of the fraternity that listed in Bursa Malaysia. We are required to select ace of the companies that listed in Bursa Malaysia. Described the background and the type of products or operate offered by this company. Besides that, we need to exempt type of trade structure that this company can be categorizes into and also explain the characteristics of that market structure. By using the annual report from this fussy company of at least 3 years, do an analytic thinking on cost, revenue, and profit of this company. All types of figure in labyrinthine sense sheet and income statement will be cypher and showed by graph to prove the difference figures in the particular years. The company we selected is AirAsia Berhad. As we know Air Asia is whizz of the famous air hose companies in Malaysia. AirAsia is a name synonymous with low fares, woodland service and dependability. With over 110 routes across 13 countries, AirAsia is right plenteousy Asias leading airline with the widest route connectivity and largest customer base. With the translucent tagline, Now bothone Can Fly, AirAsia has made flying low-priced for more than 61million.

As a largest and successful firm in the particular industries, it is suitable to be an example of the oligopoly competition because on that point are only a small number of firms that fall in or operates business in this sector. That will be one of the factors that the company can maximize their profit in the future. Every value of figure that includes in the annual report was calculated to get the analysis of the market structure and also toon of every particular graph. Background of AirAsia Air Asia was initially launched in 1996 as a full-service regional airline offering meagrely cheaper fares than its main competitor, Malaysia Airlines. Originally, it was founded by a government-owned conglomerate DRB-Hicom. On 2 December 2001, the heavily-indebted airline was... If you want to get a full essay, order it on our website: Ordercustompaper.com

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