Effectiveness of Airasia’s Performance Measurement System Essay

We could see that this agreement used by AirAsia is successful as they nurse been doing really well and improving since year 2001 from first air course of study in the world to introduce mobile booking, to be a public listed bon ton on the Malaysia Stocks Exchange (Bursa Malaysia), after having on 22 November 2004. In line with its growth and expansion plans, AirAsia has secured a 175 aircraft commitment with Airbus for its A320s. The 175 aircraft vow allow for place AirAsia as the single largest customer for the aircraft in Asia-Pacific, and potentially one of the largest airline fleets in the region.On 23 of March 2006, AirAsia successfully moved its operations to the new Low Cost Carrier end point (LCCT). This is a major milestone as it is the first dedicated lowest for low cost carrier operations in the world. Besides that, they collect achieved many more heights even in the past 2 year. AirAsia are focus on its performance measurement scheme and do sure that whatever t hey do are in line with the system and try as hard to meet its benchmark. For example, to ensure the natural rubber of customer and employees, the List of Checks for Airbus A320 is created.These safety procedures include strict aircraft maintenance, constant updating and study of technicians and flight crew. Once any problems occur during this checklist, immediate action will be taken, making sure it is safe and no problems will occur. Because if the safety are threaten, it will influence the investors, potential customers and rest of the stakeholders to loose say-so in AirAsia, making it hard for AirAsia to achieve their deal.With all this achievements, awards and significant milestones in just 6 years, it is obvious to see that the performance measurement system that AirAsia is using is effective and efficient. This system set a very reasoned benchmark to all the key elements in helping AirAsia achieve its vision and goals. By following the system, AirAsia gives priority on areas like cost efficiency, branding, yield development, growth, human capital, safety of guest and employee. The performance measurement system utilize manage identify prominent areas that will affect its business and go forth it towards its goal and vision.