Effectiveness of Airasia’s Performance Measurement System Essay

We could see that this brass use by AirAsia is successful as they have been doing really well and up(a) since year 2001 from first airline in the world to introduce supple booking, to be a public listed comp whatsoever on the Malaysia Stocks Exchange (Bursa Malaysia), afterward 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 order will 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 reinvigorated Low Cost Carrier Terminal (LCCT). This is a major milestone as it is the first dedicated terminal for low cost crew cut operations in the world. Besides that, they have achieved many more highschool even in the past 2 year. AirAsia are focus on its performance mea authorizedment system and made sure that what ever they do are in line with the system and try as rocky to meet its benchmark. For example, to ensure the safety of lymph node and employees, the List of Checks for Airbus A320 is created.These safety procedures take on strict aircraft maintenance, constant updating and training 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 put to work the investors, potential customers and rest of the stakeholders to loose confidence in AirAsia, making it rough for AirAsia to achieve their vision.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 good benchmark to all the separate elements in helping AirAsia achieve its vision and goals. By following the system, AirAsia giv es precedence on areas like cost efficiency, branding, product development, growth, human capital, safety of guest and employee. The performance measurement system applied manage identify grown areas that will affect its business and lead it towards its goal and vision.