AirAsia boss Tony Fernandes insisted Thursday the top budget carrier would emerge "stronger" from the coronavirus pandemic despite a warning about its future, and said the airline was hopeful of raising a sizeable cash injection.In an interview with AFP, the colourful chief executive said he never imagined the industry could face such a crisis, which has triggered massive layoffs worldwide and led to some carriers collapsing."I never believed the aviation industry could be hit
Receiving money to "offset" buying planes and equipment did not necessarily constitute bribery, Malaysia's Prime Minister said Thursday, days after AirAsia boss Tony Fernandes stepped aside temporarily in the wake of a US$4 billion Airbus graft scandal.AirAsia founder and CEO Fernandes and company executive Chairman Kamarudin Meranun deny allegations of misconduct, but have stepped aside after Airbus last week settled a court case in Europe which alleged the planemaker paid bri
Two AirAsia chiefs will step aside for at least two months as authorities and the airline look into claims that aerospace giant Airbus paid the company US$50 million to secure a plane order.Airbus said last week it had agreed to set aside up to EUR3.6 billion to settle a corruption probe by authorities in France, Britain and the United States.As news of the probe widened, the Malaysia-based AirAsia was named in a bribery investigation by Britain's Serious Fraud Office (SFO), allegedly im
There have been talks about a hike in taxes at Malaysian airports for a while now, and we are continually fighting for our right for #FairAirportPSC.
Southeast Asia’s rapid growth has led to a rise in income which enables its citizens to enjoy leisure travel in the form of long-haul destinations and micro-trips. The region’s budget travel market, including low-cost flights, is also expected to grow exponentially.
This Hari Raya, the Malaysian airspace will be buzzing with flights as AirAsia is adding more flights to cater to the festive crowds. Whether you are travelling for balik kampung or a short holiday, here’s a guide on what to do when you’re at these five Malaysian destinations.1. Alor SetarThe state of Kedah is known for its vast paddy fields. In fact, it is known as the Ricebowl of Malaysia as it produces over half of the country’s supply of rice.
For Hari Raya Aidilfitri, AirAsia is going to be working overtime to ensure that your balik kampung journey is a smooth and safe one. This year, Hari Raya at AirAsia is going to be an extra special one with festive meals, extra balik kampung flights and fixed low fares. Here’s some trivia on how you can make the most of Hari Raya with AirAsia!1. Peak PeriodThe peak travelling period is from 24 May to 10 June 2019.
The recent introduction of facial recognition technology by popular low-cost airline, AirAsia, to shorten security queues could also have utility in countering the terrorism threat in Southeast Asia. Even so, effective implementation for that purpose will need to be counterbalanced by sound regulatory laws. The new facial recognition technology, known as the ‘Fast Airport Clearance Experience System’ (FACES) is currently being tested in Johor’s Senai International Airport in Malaysia.
Airlines, airports and passportsIn this past week, news in ASEAN countries mainly focused on airports and the aviation sector. In Malaysia, AirAsia – the leading low-cost carrier in the region – announced that it is partnering up with SATS Ltd of Singapore to expand its reach in both countries. The low-cost carrier is also looking at beefing up its current fleet and is expected to bring in 23 new planes by the end of 2017.
“We are very pleased to announce that two home-grown companies have partnered together to form a new Asean joint venture,” said Tony Fernandes, Chief Executive Officer (CEO) of AirAsia Group.In line with AirAsia’s goal to solidify its position as the leading low-cost carrier in the Southeast Asian region, the company had recently formalised a partnership with SATS Ltd (SATS) – the chief ground-handling and in-flight catering service provider at Singapore Changi Airport – which will allow both
In recent years, the demand for air travel has grown due to the increase in low-cost carriers which allow the middle class to travel for work or leisure more frequently. In a press statement released by IATA (International Air Transport Association), passenger demand for air travel is set to double over the next 20 years.“People want to fly. Demand for air travel over the next two decades is set to double.
In 2001, entrepreneur Tony Fernandes bought a debt-ridden airline company for only one Malaysian ringgit (0.26 dollar). Sixteen years later, from a staggering debt of 40 million Malaysian ringgit (11 mililon dollars), AirAsia has grown tremendously to reach a market cap of 11.6 billion dollars. From a single route between Langkawi and Kuala Lumpur, the low-cost carrier now flies to more than 165 destinations spanning 25 countries.