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AirAsia India is expected to let go of several of its employees as its part-owner, AirAsiaBerhad struggles to maintain its group operations across regions following the outbreak of coronavirus. AirAsia Berhad is set to reduce up to 30 percent of its workforce…
On Tuesday, low-cost carrier AirAsia sold a record-breaking 41,000 seats in just one day. This marks AirAsia’s highest post-hibernation sale day since it resumed domestic flight services in May. The official site hit an overall traffic growth of 170%. By the…
AS the coronavirus pandemic claims more casualties in the aviation sector, airlines are racing against time to raise funds and keep their operations going. Last Thursday’s report that AirAsia Group Bhd could see a RM334 million cash injection by the possible…
Southeast Asia’s biggest low-cost carrier AirAsia Group is set to reduce its workforce by up to 30% as founder Tony Fernandes considers selling a 10% stake in the airline to raise cash. Desperately trying to stave off a cash flow crisis triggered by the…
AirAsia announced on Sunday that it will be resuming its domestic flights starting June 3 as quarantine protocols are eased in several areas in the country including Metro Manila. In an advisory, AirAsia said that resumption of services will gradually…
Low-cost airline AirAsia Bhd is studying the possibility of increasing its airfares in the future, following the implementation of the Conditional Movement Control Order (CMCO). Executive chairman Datuk Kamarudin Meranun said discussions are ongoing to decide…
Malaysia’s AirAsia Group said on Wednesday it did not intend to take any new aircraft deliveries this year because of the sharp fall in demand from the coronavirus crisis, and was revisiting its order book with Airbus SE. Reuters last week reported Airbus had…
AirAsia counters emerged as among the most active stocks on Bursa Malaysia today, after the low-cost carrier announced it will resume its scheduled domestic flights, beginning with Malaysia on April 29, 2020. As at 3.31 pm, AirAsia Group Bhd rose 8.5 sen to…
Lagardere Travel Retail has reopened 88 stores at Wuhan airport after more than two months of lockdown due to the Covid-19 outbreak. According to a statement, Lagardere Travel Retail’s sales are expected to resume as the number of passengers passing through…
Low-cost carrier AirAsia Group Bhd will be operating a limited number of domestic and international flights during the 14-day Movement Control Order period aimed at curbing the spread of the Covid-19 infection. When contacted, a spokesperson for the airline…
Malaysia Airlines will significantly reduce its overall network, following the nationwide movement control order from March 18 to 31. International flights to India are suspended until the end of the month and flights to the Philippines are suspended between…
Airasia Group Bhd’s losses could sink further to almost RM800 million this year as the coronavirus has spelled doom for the global aviation sector. It is forecasted to suffer RM796 million losses in the financial year 2020 (FY20), over threefold from a loss…
AirAsia X narrowed its operating loss to MYR90.1 million ($21.3 million), despite a decline in passenger numbers which affected its total revenue. The loss posted in 2019 is an improvement to the MYR204 million loss made in 2018. Revenue for the year ended 31…
Cebu Pacific expects the coronavirus outbreak to impact its bottom line by up to Ps4 billion ($79 million). The low-cost carrier estimates that it will see “a Ps3-4 billion swing on profit” should the outbreak remain unabated over the next six months. It…
Singapore Airlines will roll out one of its A350-900s on its new route between Singapore and Ahmedabad in Gujarat, India. Singapore Airlines’ new service is set to take flight from 1 February 2020. Ahmedabad will be the airline’s seventh Indian destination.…
Start the new year right by jetting off to Clark, an underrated destination in the Philippines with Cebu Pacific’s first seat sale of the year. From 10 January 2020 till 14 January 2020, all flights to the destination are on sale from as low as SGD 90 (USD…
