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Assigment 2 (Group) - Company Law

1. AirAsia is a Malaysian low-cost airline founded by Tony Fernandes in 1993 that has expanded to many countries in Southeast Asia. 2. The purpose of AirAsia is to provide affordable air travel to everyone and to treat employees and customers well. 3. AirAsia has practiced effective strategies like maintaining low costs, embracing technology, and prioritizing quality customer service, which has supported the company's growth into one of the largest airlines in the region.

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97 views7 pages

Assigment 2 (Group) - Company Law

1. AirAsia is a Malaysian low-cost airline founded by Tony Fernandes in 1993 that has expanded to many countries in Southeast Asia. 2. The purpose of AirAsia is to provide affordable air travel to everyone and to treat employees and customers well. 3. AirAsia has practiced effective strategies like maintaining low costs, embracing technology, and prioritizing quality customer service, which has supported the company's growth into one of the largest airlines in the region.

Uploaded by

ADLII RAZAKK
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© © All Rights Reserved
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MELAKA INTERNATIONAL COLLEGE OF SCIENCES AND TECHNOLOGY (MiCoST)

PROFFESIONAL ETHIC (MGT3103)

GROUP ASSIGNMENT (ASSIGNMENT 2)

Prepared for:
MADAM AMINAH JAZILAH ABU BAKAR

Prepared by:
MUHAMMAD ADLI BIN ABDUL RAZAK ( MOM20060060)
MUHAMMAD HARRIS IZUDDIN BIN ZEIDEE MADZLIND ( MOM20060155)
MOHAMAD DANIAL AQMAR BIN MOHD AZMAN ( MOM20060156)
HADI LUQMAN BIN SEMADI ( MOM20060002)

Date of Submission:
7 September 2022 ( Wednesday )

NO. CONTENT NO. OF PAGES

1
1. Background of The Company

2. Purpose of The Company Being Established

3. Effective And Positive Practices By The Company Which Support The


Company‘s Growth.

4. Conclusion

5. Bibliography

TABLE OF CONTENT

2
1. BACKGROUND OF THE COMPANY

Anthony Francis Fernandes born 30 April 1964 is a Malaysian entrepreneur. He is the

founder of Tune Air Sdn. Bhd, who introduced the first budget no-frills airline, AirAsia, to

Malaysians with the tagline "Now everyone can fly". Fernandes managed to turn AirAsia, a

failing government-linked commercial airline, into a highly successful budget airline public-

listed company. He has since founded the Tune Group of companies. He is also the majority

shareholder of Queens Park Rangers Football Club. He is the owner of Caterham Group, the

parent company of British car manufacturer Caterham Cars.

AirAsia Berhad , was incorporated as a private limited liability company and is both

incorporated and domiciled in Malaysia. AirAsia is a Malaysian multinational low-cost airline

headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and

destinations. AirAsia operates scheduled domestic and international flights to more than 165

destinations spanning 25 countries. Its main base is KLIA2, the low-cost carrier terminal at

Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia. Its affiliate airlines

Thai AirAsia, Indonesia AirAsia, Philippines AirAsia, and AirAsia India have bases in

Bangkok–Don Mueang, Jakarta–Soekarno-Hatta, Manila–Ninoy Aquino, and Bangalore–

Kempegowda airports respectively, while its sister airline, AirAsia X, focuses on long-haul

routes. AirAsia's registered office is in Petaling Jaya, Selangor while its head office is at Kuala

Lumpur International Airport. AirAsia Berhad , was incorporated as a private limited liability

company and is both incorporated and domiciled in Malaysia.

3
2. PUROPOSE OF THE COMPANY

AirAsia purpose of the company is ;

 To be the best company to work for whereby employees are treated as part of a big
family
 Create a globally recognised ASEAN brand
 To attain the lowest cost so that everyone can fly with AirAsia
 Maintain the highest quality product, embracing technology to reduce cost and
enhance service levels

4
3. EFFECTIVE AND POSITIVE PRACTICES BY THE COMPANY WHICH
SUPPORT THE COMPANY‘S GROWTH.

5
4. CONCLUSION

AirAsia survived in a long years because this company practised good services towards its

stakeholder. AirAsia comply with all applicable laws and regulations, both in letter and spirit.

They treat all stakeholders such as shareholders, guests, suppliers, employees and the community

around them with respect. AirAsia also believes all employees, directors, agents and

representatives must share and practice the same beliefs. They cannot become part of AirAsia if

they are not prepared according to the same standards, or if there is a breach of any of these

conditions.

Whats Important to AirAsia? These are important :

 That we do our business fairly, impartially, ethically, and with the utmost regard to

safety.

 That we obey all applicable laws and regulations.

 That integrity be the basis of all our relationships whether with guests, suppliers,

communities and with each other.

 That we respect the environment and are aware of, and minimise our impact on it.

 That we don’t do anything that may raise questions about AirAsia’s honesty,

impartiality, reputation or ability to conduct its business.

 We don’t get other parties to carry out any tasks prohibited under AirAsia’s policies

and practices and Terms & Conditions of employment.

6
5. BIBLIOGRAPHY

1. https://capitala.airasia.com/business_conduct.html

2. https://companiesmarketcap.com/malaysia/largest-companies-in-malaysia-by-market-

cap/

3. https://www.airasia.com/ms/my

4.

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