AirAsia Deputy CEO Confident That they Will Become the Amazon of Travel

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There was no backtracking from AirAsia in its plan to branch out into selling other airlines on its platform, financial services, and more experiences.
Asked in Singapore if becoming the Amazon of travel is overly ambitious, Aireen Omar, AirAsia’s deputy CEO, technology and digital said it’s “ambitious, but I think it’s very doable.”
Another AirAsia executive recently made the declaration that the airline could become the “Amazon of travel.”
Omar argued that AirAsia’s wealth of data from such things as its bookings systems and passenger management equip it to improve revenue management and personalization and to make its operation more efficient.
The idea is to provide a seamless journey for passengers and to build new business areas for the airline beyond its core flying.
Omar said AirAsia has been approaching other airlines about selling tickets, and that most are not afraid of doing that because they can take advantage of AirAsia’s network and data.
Although AirAsia is interested in offering innovative payment systems, Omar said the airline would not use cryptocurrencies because their value fluctuates greatly, and AirAsia is interested in engendering consumer trust.
Omar made a pitch for the greater inclusion of women in the airline industry. She said around 6 percent of AirAsia’s engineers are women, and so are about 10 percent of its pilots.
Schools new to open up their curriculum to encourage women to become data scientists, for example, and to work for airlines.
Omar is responsible for AirAsia’s digital strategy, promoting innovation throughout the group and encouraging collaboration across AirAsia’s businesses and markets. She oversees large, strategic group-wide initiatives to help transform AirAsia into a global, cloud-driven product and platform company.
Questions & Answers
Q.What is AirAsia's strategy for diversifying its business beyond its core airline operations?
What is AirAsia's strategy for diversifying its business beyond its core airline operations?
AirAsia plans to branch out into selling other airlines on its platform, offering financial services, and providing more travel experiences. They aim to use their data to improve revenue management and personalise services for passengers, building new business areas.
Q.Why does AirAsia believe it is well-equipped to become the 'Amazon of travel'?
Why does AirAsia believe it is well-equipped to become the 'Amazon of travel'?
AirAsia believes its extensive data from booking systems and passenger management provides it with the tools to enhance revenue management, personalise customer experiences, and operate more efficiently. This data wealth is central to their ambitious expansion plans.
Q.What is AirAsia's stance on using cryptocurrencies for innovative payment systems?
What is AirAsia's stance on using cryptocurrencies for innovative payment systems?
AirAsia will not use cryptocurrencies due to their significant value fluctuations. The company is focused on building consumer trust, and the volatile nature of cryptocurrencies is seen as a barrier to achieving this goal for payment systems.
Q.What roles does Aireen Omar hold within AirAsia, as mentioned in the article?
What roles does Aireen Omar hold within AirAsia, as mentioned in the article?
Aireen Omar is AirAsia’s deputy CEO for technology and digital. She is responsible for the company’s digital strategy, promoting innovation across the group, and encouraging collaboration. She also oversees strategic initiatives to transform AirAsia into a product and platform company.
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