Moreover there are few such ways that can be authorised the credit risk such as

Moreover there are few such ways that can be

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also can diversified the credit risk. Moreover, there are few such ways that can be authorised the credit risk such as application for the approvals and monitor and limit
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39 the procedures. As mentioned previously, the deposits, derivative security and bank balance, if these take place in the the major financial institution and the reputable companies by Airasia group and company, if it well manage and control the risk also can be diversified. Airasia had announced on the financial report about they do not have any concentration issue on credit risk that arise by the trade receivables. 2. Safety Risk It is also called hazard risk, it is a risk that a person will suffer harm or damage such as, from physical hazard, moral and morale hazards or from accidents. There is two safety risk has happened for the airasia. The first news is the Perth to Bali flights, there was a technical issue on the flight QZ535 of the the lost of pressure in the cabin and fall about 20000 feet gap, the watchdogs from the Australia transportation department had realised this issue for the initial investigations. After the 20000 feet plunged from 32000 to 100000 feet, the airplane crew members ask the passenger to stay calm and get down, and the oxygen mask drop and wear. They also ask the passenger to stay down in a steady and sustainable position. After all the dramatic incident happened, no one is injured and no one suffer from damage. After the flights, a post investigation and maintenance test were implemented and the result is the cabin pressure was faulty. This is where a plane and passenger safety will be risk at when there is without a proper maintenance. (Appendix 3) Second case is about the Indonesia to Singapore flights QZ8501 got crashed and fall into Java Sea in near Borneo and it had a lost of contact after the 40 minutes flights. A preliminary investigation said that it might happened because of the bad weather is one of the biggest factor in the crash. The reporters said there is also a technical issue about there is a little crack on the tiny electronic module and it had impacted on the system that shows resetting system continuously and the pilot remove the autopilot, it had also lost control when the pilot tries to turn left, afterwards it unable to turn right and the plane crashed. During the flights, there were 155 passengers in total, include 17 children and one infant. (Appendix 4) Not forget to mention, there are also 7 crews include 2 pilots, four flight attendants and one engineer were passed away during this incident. This is why the weather report and the maintenance of plane is important in order to keep safety and prevent from incident happens.
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40 ii. Recommend two other viable sources of financing 1. Commercial Paper One of the financial instruments I would like to suggest is “Commercial Paper” for AirAsia Berhad. Commercial paper, also known as unsecured loan is a short term debt instrument usually less than a year or 270 days that usually will be invested by the corporations. Once in a while, the commercial paper will be offer in interest bearing notes, and it usually issues on discount to its par value. In another words, means a corporation buy below the par value and receive the par value when it has reached the
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