Passenger, Cargo, Aerospace, Catering, Hotel & In-Flight Sales
Fleet 124(As of Mar.31.2009
Route Domestic 13cities
International 38 countries 103 cities
Total 39 countries 118 cities
2. Business Structure
Business Review (As of 2008)
Types of business Business sectors Revenue Share
Air Transportation Passenger, Cargo, Maintenance service, Training service, building lease etc 97,471 95
revenue of 2008 was approximately 126% of sales in 2006, and this is very outstanding from all other airline industry. The company's annual report says that this sales increase is the management performance is from 1)new market developments, 2)global network expansion, 3)development of 'High Class needs', and 4)maximization of aircraft utilization which are from their efforts to overcome demand d
Air Asia” in Malaysia saw an increase in the number of passengers by 9% on average in a year, and 33% of the total flight passengers in Kuala Lumpur are current customers of the airline. They can maximize profit by attracting new demands and also moving into existing markets for FSAs. Currently, there are more than 120 LCCs operating in the world and the number is expected to grow steadily in t
revenue recognition, allowance for doubtful debts, inventory valuation, and depreciation method.
1. Revenue Recognition
KAL recognizes the transport-revenue when it completes the performance of a service to passengers. For the contract of service provision, revenues are recognized according to the progress standards. A progress ratio is calculated by the percentage of real-accumulated-accrual
passenger volumes but being the lowest cost operator in the airline industry.
Chapter 6
6.2. Discuss how your company has attempted to develop strategies to protect and strengthen its business model. If it operates in a mature industry, discuss how it has tried to manage industry competition.
When Ryanair entered the air-travel industry, there were many obstacles including the EU regu