answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is lcc status?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When was LCC International University created?

LCC International University was created in 1991.


Us airways ticker symbol?

lcc


What nationality was Jack Dawson on titanic?

Lcc


What does lcc firm mean?

LCC firm refers to a business company or organization which has the characteristics of a partnership and a corporation. It does not matter whether the partnership is a sole proprietorship or not.


How do you simplify the following -2 -2 equals?

0


Dougherty and Company LCC offers what services to its customers?

Dougherty and Company LCC offers great Full-Service Investment Banking for its users. This is very helpful for all people looking to make investments.


How long has Cingular Cellphone been in business?

The Company Cingular Wireless LCC has been renamed to AT&T Mobility. The company Cingular Wireless LCC was active from 2000 until 2007 under it's name.


What is the total cost of the system is referred to?

Life Cycle Costs (LCC) ACQ101


What army service component command supports the us joint forces command?

lcc


What are the classifications of library?

the two classification of library is the DDC or LCC or the library of congress classification


What is produce an image by manipulating light within a layer of liquid crytal cells.?

display


What are the micro and macro environmental factors that have contributed to the early success of airasia?

moderately high due to almost no switching cost for customers to switch from one LCC to another. In addition, the access to the internet allows customers to have close to full information on prices charged by the LCCs. Threat of substitutes is moderately low; there are several substitutes such as cruises, rail, bus, and car. However, the archipelago geographical structure of Asia has made air travel the viable, efficient, and convenient mode of transportation. Threat of new entry is moderate; high capital requirement and government barrier such as air service agreement can act as barriers to entry. However, the deregulation of aviation industry in Asia Pacific region has resulted in more competitors entering the market. Furthermore, many full service airlines enter the LCC industry by launching their LCC version. For example, Nok Air set up by Thai Airways is a part of LCC industry in Thailand. Finally, industry rivalry is moderately high due to price as the basis of competition and high exit cost. However, market participants tend to realize that price war is destructive for them thus they avoid direct price competition and they turn into 'friendly' competitors. Appendix 3 summarises Porter's five forces specific to LCC industry. Based on the environmental scanning performed, the demand for LCC is expanding thus LCC industry will keep growing rapidly. The LCC industry attractiveness and profitability will attract many full service airlines to launch its LCC version adding the degree of rivalry in this industry. As the implication, AirAsia, current market leader of LCC in Malaysia, Thailand, and Indonesia, will face competition from both existing and new players. In order to sustain its competitive advantage, AirAsia needs to leverage its competency in creating cost advantages across multiple value chains.