that it did not have any antitrust objections, Delta completed its $2.8 billion acquisition of Northwest.
● Current trends
- They use variety social network service program and global network.
-Affected by rise of an oil price. Because airlines most big expense is fuel tax.
●Current strategies
① Launched global joint ->20 May 2009. Air France KLM group and Delta Air
income for 2007 was primarily
the result of higher revenue. However, our results for
the year were adversely impacted by a significant
increase in fuel prices and a special non-cash charge of
$104 million to increase our deferred tax asset valuation allowance. The increase in fuel prices in recent years has caused most U.S. domestic carriers to reduce capacity
and increase fares.”
setting up new construction of factory because of price comparability
Future - low cost structure outpost
expected more promising outpost
2. Localization advantages
- low cost - labor, factory site price, storage fee
- abundant resources - labour, raw materials
- tax incentives
3. Internalisation advantages
- no licensing, no franchise.
Ⅲ. Advantages of Entry into Hungary
1. The Benefits of a Tax System
The corporate tax rate in Hungary (about 18%) is one of the lowest one in Europe. Moreover, according to the entry of Hungary to European Union on May 2004, Hungary wants to strengthen the competitiveness against other Eastern European countries, so it will lower the corporate tax by 2% in the next year. If this happens, th
to enter South Asia
Increasing m/s possible
Good image of Korean brand
Trading laws more lenient than past
Price sensitive consumers
Inefficient government
Many potential entrants
High logistics cost due to low infrastructure
High domestic tax rates
Imports are restricted
Strong union
Summer monsoon season
Unstable political situation w/neighboring countries
Strong nationalism