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AirAsia NewsAirAsia is title sponsor for ABL’s 2010 / 2011 championship season03-Sep-2010MALAYSIA : AirAsia announced today that the airline is the new title sponsor for the ASEAN Basketball League’s (ABL) 2010 / 2011 season. AirAsia celebrates the Spirit of Merdeka with low fares24-Aug-2010MALAYSIA : AirAsia, the leading and largest low cost carrier in Asia has more low fares coming your way with its Merdeka Sales campaign. AirAsia says hello to Hat Yai with inaugural flight from Kuala Lumpur20-Aug-2010MALAYSIA : AirAsia, the world’s best low-cost airline celebrates its inaugural flight to Hat Yai from Kuala Lumpur signifying AirAsia’s final connection to South Thailand with a 90 percent flight load. AirAsia breaks world sales record! Sells more than 500K seats in 24 hours12-Aug-2010MALAYSIA : AirAsia achieved another world record, this time by selling more than 500,000 seats in 24 hours! AirAsia goes live with New Skies reservation system12-Jul-2010MALAYSIA : AirAsia, the world’s best low-cost airline has successfully completed the implementation of its new state-of-the-art reservation system, New Skies ahead of schedule, providing guests with brand new experience, greater convenience and more savings. Vietnamese, Malaysian leaders witness signing of agreement between AirAsia and VietJet Air09-Apr-2010MALAYSIA : Malaysian Prime Minister YAB Dato’ Sri Mohd. Najib Tun Hj. Abdul Razak and Vietnamese Deputy Prime Minister Mr. Truong Vinh Trong today witnessed the signing of a strategic partnership agreement between VietJet Aviation Joint Stock Company (VietJet Air) and AirAsia Berhad. Symbiotics assist CAE to select candidates for AirAsia MPL programme23-Mar-2010MALAYSIA : Symbiotics assist CAE to select candidates for AirAsia MPL Programme; ADAPT Assessment Tool Helps to Select Appropriate Candidates as Future Air Crew AirAsia increases frequency to Hangzhou (Shanghai)11-Feb-2010MALAYSIA : To cater to the increasing demands and encouraging load factor from its guests, AirAsia’s long haul, low fare affiliate, AirAsia X will be increasing its frequency to Hangzhou, the gateway of Shanghai with direct daily flights commencing 28th March 2010. AirAsia, VietJet Air form new LCC in Vietnam11-Feb-2010MALAYSIA : AirAsia is proud to announce its acquisition of a 30% equity stake in VietJet Aviation Joint Stock Company (VietJet Air) to establish a Vietnam-based joint venture low-cost airline which will carry the name VietJet AirAsia. AirAsia resumes flights to Tianjin08-Feb-2010MALAYSIA : AirAsia has resumed its Kuala Lumpur Tianjin flight following the temporary suspension of its services in November 2009 due to adverse weather conditions in North China. CAE to launch Multi-crew Pilot License beta program with AirAsia04-Feb-2010MALAYSIA : CAE to launch Multi-crew Pilot License beta program with AirAsia using new performance-based requirements Lufthansa Technik Philippines: base maintenance for AirAsia X04-Feb-2010MALAYSIA : MRO services for eight Airbus A330 / A340AirAsia X, the world’s first successful low-cost long-haul airline, today appointed Lufthansa Technik Philippines (LTP) as its maintenance, repair and overhaul (MRO) services provider. AirAsia rocks India27-Jan-2010MALAYSIA : AirAsia, the World’s Best Low-Cost Airline is all out to rock and paint the India skies red by extending its footprint with the launch of its direct flights to 6 new routes in the first quarter of 2010. Conquering India skies by storm, the new services to key metro cities include Chennai, Bangalore, Hyderabad, Mumbai and New Delhi from Kuala Lumpur and from Penang to Chennai. AirAsia introduces self check-In21-Jan-2010MALAYSIA : The ‘World’s Best Low-Cost Airline, AirAsia is revolutionizing the aviation fraternity yet-again with the inclusion of its Web and Self Check-In service. These new self check-in kiosk facilities are currently in place at the LCCT airport and *selected regional airports, providing guests with a quicker and more convenient way of checking-in. For added comfort and convenience, guests could also utilize our web-based check-in service. AirAsia incorporates wholly-owned subsidiary in the UK30-Dec-2009MALAYSIA : AirAsia Berhad (AirAsia or the Company) is pleased to announce that it has incorporated a wholly-owned subsidiary in United Kingdom known as Asia Air Limited (AAL) (the Transaction) with its registered office situated at 41, Chalton Street, London, NW1 1JD. The objective of establishing AAL is to facilitate business transaction of AirAsia Group. AirAsia increases Hong Kong frequency07-Dec-2009MALAYSIA : 3rd Daily Flight to commence 21st January 2010. AirAsia increases frequency to Hong Kong03-Dec-2009MALAYSIA : AirAsia, Asia’s biggest low-cost carrier and recently awarded the coveted “Best Airline of the year 2009” by CAPA, announces today that it will increase its Kuala Lumpur Hong Kong flights to 3rd daily frequency. AirAsia launches direct flight daily from Kota Kinabalu, Sabah to Taipei26-Nov-2009MALAYSIA : AirAsia today launches direct flights daily to Taipei from Kota Kinabalu, further expanding its international connectivity from East Malaysia. AirAsia X celebrates inaugural flight to Chengdu, China from Kuala Lumpur21-Oct-2009MALAYSIA : AirAsia, the world’s best low cost airline today celebrates its maiden flight to Chengdu from Kuala Lumpur with a big celebration upon arrival at the Chengdu International Airport. AirAsia granted Paris landing rights09-Oct-2009MALAYSIA : AirAsia is elated at the announcement by Prime Minister Dato’ Sri Najib Tun Abdul Razak regarding the granting of landing rights in Paris by the French government. AirAsia is now awaiting more details from the authorities. AirAsia abolishes admin fee to further stimulate travel25-Jun-2009MALAYSIA : In conjunction with the 'No Admin Fee' announcement, AirAsia is launching a regional promo-fare campaign. Many of the promo fares are even cheaper than the airport tax! The promo-fare seats are open for booking from 24-Jun until 28-Jun-2009 for travel between 01-Oct-2009 and 30-Apr-2010. Bullish AirAsia targets 24 million passengers in 200911-Jun-2009MALAYSIA : AirAsia remains bullish about its performance in 2009 as passengers increasingly choose LCCs over full service carriers during the economic downturn. The LCC forecasts it will handle 24 million passengers in 2009, and 60 million passengers p/a by 2013, compared to 18.3 million in 2008. The LCC also forecasts a 21% increase in passenger traffic for 2Q2009, matching its rise in passenger traffic in 1Q2009. According to IATA, international passenger traffic (RPKs) in the Asia-Pacific region fell 8.6% year-on-year in Apr-2009. AirAsia Celebrates 1st ‘ASEAN’ Graduation05-Jun-2009MALAYSIA : AirAsia, the world’s best low cost airline held its first ever Asean Crew Complement Graduation ceremony at AirAsia Academy’s multi-purpose hall here today, which saw 68 trainees proudly graduating as the first group of ‘Asean’ flight attendants. AirAsia Deputy Group CEO Dato’ Kamarudin Meranun presented the certificates of graduation. AirAsia offers 1,000,000 free seats12-May-2009MALAYSIA : AirAsia Small fee the promotion is asking asking passengers to just pay the airport tax and admin fee of $12 / AFF MALAYSIAN airline AirAsia is giving away 1,000,000 free seats in a bid to boost domestic travel. AirAsia load factor falls to lowest levels in over two years in 1Q0929-Apr-2009MALAYSIA : AirAsia transported 3.1 million passengers in the three months ended 31-Mar-09 (1Q09), representing a 21% year-on-year increase. Also in the first quarter, traffic (RPKs) increased 17% year-on-year (indicating a shift to more shorter-haul flying by passengers), on a 19% capacity (ASKs) increase, resulting in a load factor reduction of 2.4 ppts to 69.7%. This was AirAsia’s lowest load factor in over two years. AirAsia’s free seats for new Singapore Langkawi and Penang-Singapore routes29-Apr-2009MALAYSIA : AirAsia, is once more offering deals to its guests, by offering free seats as introduction to its two new routes launched Singapore-Langkawi and Penang-Singapore Una vez más, AirAsia presenta a sus clientes asientos gratiutos como lanzamiento de sus dos nuevas rutas: Singapore-Langkawi y Penang-Singapore. AirAsia to accept American Express online29-Apr-2009MALAYSIA : Industry leaders AirAsia, American Express and Maybank 27-Apr-09 announced the roll out of AirAsia’s acceptance of American Express Cards for bookings starting from on-line and through its Call Centres and sales counter. AirAsia, junto con American Express y Maybank, acaba de anunciar (27 Abr 09 ) que a partir de ahora aceptará el pago con tarjetas de crédito American Express para las reservas realizadas online, a través de call centres o en mostradores de venta de billetes. AirAsia's KL-Taipei route receives overwhelming response27-Apr-2009MALAYSIA : AirAsia’s latest route between Kuala Lumpur and Taipei has received an overwhelming response with more than 20,000 seats sold in the first 12 hours since it was opened for sale at 12 am. AirAsia ha obtenido un gran éxito en su nueva ruta Kuala Lumpur-Taipei. En tan solo 12 horas después de dar el pistoletazo de salida en la venta de sus billetes, ha vendido más de 20.000 asientos. Air Asia fly and win second winner announced23-Apr-2009MALAYSIA : Sitti Fatimah Lahatta, the second winner of AirAsia’s Fly and Win campaign, is already thinking of using her cash prize to bankroll an escapade for her entire family. Air Asia’s Fly and win competition16-Apr-2009MALAYSIA : The airline’s first RM10,000 prize for its Fly and Win campaign goes to KL-based insurance claims manager Alan Ho. Alan, who won the prize after booking seats for himself and two other colleagues for flights to Kuching, Miri and Kuala Lumpur, says he was pleasantly surprised when he won the jackpot. AirAsia releases information for flights to/from Bangkok14-Apr-2009MALAYSIA : AirAsia flights in and out of Bangkok are operating as usual despite the state of emergency declared by the Thai government. We do not expect any interruptions or cancellations at this moment. AirAsia forecasts rising profits in 200909-Apr-2009MALAYSIA : AirAsia has again taken a bullish approach to 2009, contrary to the outlook of many of the world’s airlines. AirAsia to add new routes to Singapore network01-Apr-2009MALAYSIA : Banking on the success of its 4 new routes between Indonesia and Singapore, AirAsia is now looking at adding more routes to the island-city in 2009, said its Group CEO Tony Fernandes. AirAsia celebrates trainee graduation30-Mar-2009MALAYSIA : AirAsia held (27-Mar-09) a graduation ceremony for its latest batch of students at the AirAsia Academy multi-purpose hall here. A total of 100 flight attendant trainees together with representatives of the guest service cadets and ramp agents received their graduation certificates from Group CEO Dato’ Sri Tony Fernandes. AirAsia increases Kuala-Lumpur-Guilin services20-Mar-2009MALAYSIA : AirAsia aumenta sus servicios en la ruta Kuala Lumpur-Gillin Due to the robust demand, AirAsia is increasing its flight frequency between Kuala Lumpur and Guilin, China to daily direct flights from 01-May-09. Initially, AirAsia had launched its Guilin route in Jul-08 with four direct weekly flights between Kuala Lumpur’s Low Cost Carrier Terminal and Liangjiang Airport in Guilin. AirAsia enters agreement with Tune Money17-Mar-2009MALAYSIA : Acuerdo entre Air Asia y Tune Money AirAsia is pleased to announce that it has entered (16-Mar-09) into an Information Technology Shared Services Agreement with Tune Money Sdn Bhd (“TMSB”) (the “Agreement”). The purpose of the Agreement is to maximise and optimise the use of the resources, expertise and facilities of AirAsia’s Information Technology Department and as an additional source of recurring income to AirAsia. AirAsia launches campaign to commemorate inaugural flight to London06-Mar-2009MALAYSIA : Just a week away from stamping its mark as the world’s first low cost airline connecting Asia and Europe, AirAsia kicked off (04-Mar-09) its global countdown campaign to commemorate its inaugural flight to London scheduled for 11-Mar-09. The sector will be operated by AirAsia’s low cost long haul carrier affiliate, AirAsia X. AirAsia reports fourth quarter results02-Mar-2009MALAYSIA : AirAsia Berhad is pleased to announce (27-Feb-09) the unaudited results for the fourth quarter ended 31-Dec-08 and provide a review of recent notable events and achievements. AirAsia obtains financing for 15 new Airbus A320-200 aircraft24-Feb-2009MALAYSIA : AirAsia has mandated (23-Feb-09) Barclays Capital, the investment banking division of Barclays PLC, to finance 15 of its new Airbus A320-200 aircraft. The financing will bring AirAsia's total fleet to 85 aircraft by early 2010, operated by Malaysia-based AirAsia Berhad and its affiliates Indonesia AirAsia and Thai AirAsia. AirAsia guests commend self check-in facilities19-Feb-2009MALAYSIA : AirAsia guests have commended the airlines’ latest addition to its self check-in facility - the web check-in that was made available from 17-Feb-09. With the new innovation, air travelers can now save time on pre-departure procedures by using the free-of-charge web check-in facility implemented across AirAsia and AirAsia X’s entire network. AirAsia offers 500,000 free seats12-Feb-2009MALAYSIA : AirAsia throws wide open the doors to the most exciting holiday destinations in Southeast Asia, China and Australia with its latest (11-Feb-09) offer of 500,000 free seats. Thai AirAsia launches Bangkok-Bali service21-Jan-2009MALAYSIA : AirAsia officially launched (20-Jan-09) its direct daily flights to Bali. To commemorate this occasion, AirAsia is offering special low fares online for flights to Bali from Bangkok. Bangkok-Bali is now on sale for THB999 one way. Booking period begins from 20-Feb-09 to 01-Feb-09, for travel period from 09-Feb to 30-Apr-09. AirAsia launches regional sale08-Jan-2009MALAYSIA : AirAsia welcomes 2009 with a big Regional Sale. The sale will run from 06-Jan-09 to 18-Jan-09 for the travel period from 09-Feb-09 to 30-Jun-09. The fares offered by AirAsia are available to all of its Asia destinations departing from its hub from Kuala Lumpur, Kota Kinabalu, Kuching, Johor, Bangkok, Jakarta and Bali. AirAsia on time guarantee17-Jun-2008MALAYSIA : AirAsia announced it is introducing the AirAsia On Time Guarantee, commencing 16-Jun-08. Under the on time guarantee, guests whose flights are delayed for more than three hours from the scheduled time of flight departure will be entitled for a RMY200 AirAsia e-gift voucher. AirAsia widens China network with route to Haikou16-Jun-2008MALAYSIA : AirAsia held a press conference in Haikou to mark the launch of its latest route from Kuala Lumpur to the capital of Hainan Province on 13-Jun-08. AirAsia was the first airline to offer daily direct flights from Kuala Lumpur to Haikou. Since the launch of the route, AirAsia has recorded high demands for the new route and reported a 100% load factor for the inaugural flight which commenced on 22-May-08. AirAsia’s load factor for this route in May was 78%, which is quite strong for a new sector which was previously not served by any airlines. AirAsia’s Kuantan route launch completes AirAsia’s domestic expansion in Peninsular Malaysia11-Jun-2008MALAYSIA : AirAsia celebrated another achievement by officially launching its final destination in Kuantan on 10-Jun-08. To mark its success in capturing the local market and to celebrate its inaugural flight to Kuantan, a reception was held at the Hyatt Regency Kuantan Resort, which was attended by over 150 guests comprised of VIPs, the people of the media and other invited guests from Kuala Lumpur and Kuantan. AirAsia to develop Kuching as a global low cost hub28-Apr-2008MALAYSIA : AirAsia stated it is on track to place Kuching on the global spotlight by enhancing Kuching’s international connectivity to become a global low cost hub. Already serving three international routes to Macau, Bali and Jakarta, AirAsia announced plans to increase its Macau route frequency from Kuching to daily flights, commencing 15-May-08. The route will be serviced by the AirAsia’s new 180-seater Airbus A320 aircraft. AirAsia expands flights into Ho Chi Minh21-Apr-2008MALAYSIA : AirAsia officially held a double celebration on 18-Apr-08 to mark the low-cost carrier’s entry from Kuala Lumpur and Bangkok to Ho Chi Minh City. AirAsia currently operates direct daily flights from the Kuala Lumpur hub and two weekly flights from its Bangkok hub. Bangkok-Ho Chi Minh flights will be increased to four times weekly commencing 27-Apr-08. Together, AirAsia Group has a combined of 11 flights weekly to Ho Chi Minh. AirAsia launches Ambulift for disabled passengers14-Apr-2008MALAYSIA : AirAsia is setting the benchmark as a universally accessible low cost carrier by announcing the launch of its newly acquired Ambulifts for disabled passengers traveling with AirAsia. AirAsia is placing one ambulift in its LCC Terminal hub at Kuala Lumpur and another in its Kota Kinabalu hub. AirAsia recognised as one of the top 50 most innovative companies in the world03-Apr-2008MALAYSIA : AirAsia has been recognised as one of the top 50 most innovative companies in the world by Fast Company magazine. AirAsia is the only ASEAN brand and the only airline to have made it on the “Fast 50” list. AirAsia ranked number 43 this year on the list. AirAsia cut to 'neutral' on fuel derivatives losses risk - CIMB26-Mar-2008MALAYSIA : (XFN Asia) CIMB Research stated it is downgrading low-cost carrier, AirAsia Bhd, to neutral from outperform as its valuation will likely be capped low, given the carrier's significant exposure to risky fuel derivatives. CIMB has cut its target price for AirAsia to MYR1.65 from MYR2.88. AirAsia unveils first AT&T Williams Formula One A320 Aircraft25-Mar-2008MALAYSIA : AirAsia unveiled the first commercial A320 aircraft with a Formula One team livery. The unveiling of the aircraft, whose livery is an exact look-alike of the AT&T Williams racing car, was held to coincide with the Malaysian Grand Prix, which commenced on 21-Mar-08, and to mark AirAsia’s extended three year partnership with the AT&T Williams Formula One team. AirAsia launches 50,000 free seats for all domestic destinations19-Mar-2008MALAYSIA : AirAsia announced the launch of its ‘Free Seats’ campaign. AirAsia will be giving away 50,000 free seats for all its domestic destinations from all its four hubs of LCC Terminal (Kuala Lumpur), Kuching, Kota Kinabalu and Johor Bahru. The ‘Free Seats’ campaign will be available from 18-Mar-08 to 21-Mar-08, for travel from 11-Jun-08 to 25-Sep-08. AirAsia celebrates Kuala Lumpur-Yogyakarta high load factor by announcing direct daily flight14-Mar-2008MALAYSIA : AirAsia has celebrated its high load factor of 75% on its Kuala Lumpur Yogyakarta route, for Feb-08, by announcing the commencement of AirAsia’s direct daily service to Yogyakarta from 15-Apr-08. The achievement comes a month after commencing its direct service to Yogyakarta on 30-Jan-08. AirAsia announces new direct daily services to Ho Chi Minh, Hong Kong and Haikou12-Mar-2008MALAYSIA : AirAsia announced expansions to its international route network with three new destinations, growing its route network to a total of 93. AirAsia is scheduled to operate three new direct daily services to Ho Chi Minh, commencing in Apr-08, and Hong Kong and Haikou, commencing in May-08. AirAsia expands with new international services from Penang07-Mar-2008MALAYSIA : AirAsia announced plans to strengthen its expansion further by introducing direct daily international flights to Medan and Jakarta from the Penang. The new services are scheduled to commence on 30-Mar-08 to Medan and Jakarta will be AirAsia’s second and third international route from Penang after Bangkok. AirAsia reports strong load for Kuala Lumpur-Singapore05-Mar-2008MALAYSIA : AirAsia reports strong passenger load on its Kuala Lumpur-Singapore route, which reached over 85% in its first month in Feb-08. With the liberalization of the Kuala Lumpur-Singapore route since 01-Feb-08, AirAsia currently operates two daily services on the route. AirAsia reports 24th consecutive profitable quarter28-Feb-2008MALAYSIA : AirAsia announced the unaudited results for the six months ended 31-Dec-07. The carrier has reported its 24th consecutive profitable quarter, with results attributed to growth in passenger volume, higher average ticket price and growth in ancillary income. AirAsia connects ASEAN countries and beyond25-Feb-2008MALAYSIA : AirAsia is set to have the most extensive connectivity to serve ASEAN countries and beyond, with Vientiane as its latest route addition which commenced operations on 01-Dec-07. AirAsia’s expansion continues to grow as the carrier now connects all the cities in ASEAN through Kuala Lumpur as its low cost hub. AirAsia and AirAsia X select Rockwell Collins for A320 and A330 avionics and component support service20-Feb-2008MALAYSIA : AirAsia and AirAsia X have selected Rockwell Collins avionics for its A320 and A330 aircrafts, bringing the total number of Rockwell Collins-equipped avionics for AirAsia and AirAsia X aircraft type A320 and A330 to 115. AirAsia announces Big Sale fare plan19-Feb-2008MALAYSIA : AirAsia announced plans to offer millions of seats on AirAsia's domestic and international routes from USD0.02 as part of its Big Sale fare plan. AirAsia signs MoA with Tafe College Seremban04-Feb-2008MALAYSIA : AirAsia Berhad signed a Memorandum of Agreement (MoA) with Kolej TAFE Seremban to complement AirAsia’s current engineering training programme, which is conducted at the AirAsia Academy. This MOA will also cater to the growth of the mid and long term manpower requirements specifically in the aircraft maintenance engineer training of the airline industry. AirAsia commences Kuala Lumpur-Singapore service01-Feb-2008MALAYSIA : AirAsia commence its inaugural service to Singapore from Kuala Lumpur on 01-Feb-08. AirAsia’s commencement of services between Singapore and Kuala Lumpur follows the agreement between Singapore and Malaysia in Nov-07 to open up the route to LCCs from both countries. AirAsia clarifies fuel-hedging position16-Jan-2008MALAYSIA : AirAsia stated it has “never speculated on fuel prices in the past and will not speculate on fuel prices going forward”. CAE partners with AirAsia to develop Aviation Training Centre in Kuala Lumpur15-Jan-2008MALAYSIA : CAE announced it has selected Kuala Lumpur as the location for its Southeast Asian training hub, and that it will leverage its existing partnership with AirAsia to develop an aviation centre in the region. This news follows the announcement in Nov-07 that CAE signed a contract to manage AirAsia's Type Rating Training Organisation (TRTO), located at the AirAsia Academy, to provide pilot training for all of AirAsia's current and future pilots. AirAsia launches daily service to Guangzhou (China)21-Dec-2007MALAYSIA : (c) Centre for Asia Pacific Aviation: AirAsia announced plans to commence daily service to Guangzhou via Baiyun Airport from the LCC Terminal, Kuala Lumpur, beginning 16-Jan-08. This will be the fourth destination to Mainland China after Shenzhen, Xiamen and Macau within the group. AirAsia to become the largest A320 airline operator in the world06-Dec-2007MALAYSIA : (c) Centre for Asia Pacific Aviation Premium: AirAsia has placed the largest order of a total of 225 A320s, making it the biggest operator for the aircraft in the world. The latest contract for an additional 25 A320s, together with a further 25 A320s options, brings AirAsia Group's (Malaysia AirAsia, Thai AirAsia and Indonesia AirAsia) total orders to 175 firm orders and 50 purchase options. AirAsia exercises purchase options and secures additional A320 purchase options26-Nov-2007MALAYSIA : (CAPA FREE) AirAsia announced plans to exercise A320 purchase option for 25 A320s, from its existing 50 A320 purchase options. AirAsia has already committed to a firm order of 150 A320s and a purchase option of 50 aircraft. AirAsia launches Kuching-Macau service26-Nov-2007MALAYSIA : (CAPA FREE) AirAsia commemorated the official launch of the KuchingMacau route on 20-Nov-07. AirAsia is the only airline to serve the international route to Macau from the Kuching hub, with three weekly services. AirAsia selects Aviation Australia to deliver aircraft maintenance engineer training22-Nov-2007MALAYSIA : (CAPA) AirAsia has selected Aviation Australia to deliver its aircraft maintenance engineer training for its engineers. AirAsia has commenced a conversion and examination programme on site at the AirAsia Academy in Kuala Lumpur this month with an option for a further course in 2008. CAE to manage AirAsias Type Rating Training Organisation and provide pilot training services20-Nov-2007MALAYSIA : (CAPA FREE) CAE and AirAsia signed a contract which gives CAE the responsibility of managing AirAsias Type Rating Training Organization (TRTO) located at the AirAsia Academy to provide pilot training for all of AirAsias current and future pilots. CAE will also market excess training capacity of AirAsias TRTO to third parties. The contract is valued at more than USD51 million over ten years. Fernandes keeps it simple, sees a big year for liberalisation02-Nov-2007MALAYSIA : (CAPA) Tony Fernandes, CEO of AirAsia, the CAPA Airline of the Year, told the Centres Outlook Summit in Singapore that one of biggest keys to his carrier's continuing success is keeping every level of his operation as free of complexity as possible. We believe in the KISS principle keep it simple, stupid, he says. AirAsia to operate to Vientiane (Laos) and become truly ASEAN airline29-Oct-2007MALAYSIA : (CAPA) AirAsia announced plans to launch three times weekly Kuala Lumpur-Vientiane (Laos) service, effective 01-Dec-07. With the addition of services to Laos, AirAsia will operate to every ASEAN country, leading the LCC to state it is a truly ASEAN airline. AirAsia to commence Macau-Kuching service; first international route from Kuching hub26-Oct-2007MALAYSIA : (CAPA) AirAsia announced the commencement of its first international route to Macau from its Kuching hub, beginning 15-Nov-07, with a three weekly service. AirAsia X unveils Gold Coast as first long haul international destination28-Sep-2007MALAYSIA : (CAPA) AirAsia X unveiled Gold Coast as its first long haul international destination. The airline will commence four times weekly service between Gold Coast Airport and Kuala Lumpurs Low Cost Carrier Terminal (LCCT), beginning 02-Nov-07. AirAsia Xs A340 curve ball25-Sep-2007MALAYSIA : (CAPA) AirAsia X has commanded major attention again in recent weeks. Some of the newsworthy statements the carriers management has made include its plans for a 2009 MYR1 billion IPO, the likely sale of another 20% tranche to local and international investors, its forecast of break-even operation in its first year and robust profits in its second year, and even that founder Tony Fernandes has an imminent trip to Seattle to discuss a possible B787 order. AirAsia X welcomes first long-haul A33019-Sep-2007MALAYSIA : (CAPA) AirAsia X welcomed its first leased long-haul A330-300 on 18-Sep-07 at the Kuala Lumpur International Airport Low Cost Carrier Terminal. AirAsia to acquire 20% of Fly Asian Xpress14-Sep-2007MALAYSIA : (CAPA) Air Asia signed a definitive agreement to subscribe 26.27 million of redeemable convertible preference shares (RCPS) of RM1 each in Fly Asian Xpress (FAX). This MYR26.7 million purchase provides AirAsia with a 20% holding in FAX. AirAsia, which will pay cash for the transaction, also has the right to acquire addition shares in FAX to bring its shareholding to 30%. AirAsia X to receive first aircraft on 18-Sep-0714-Sep-2007MALAYSIA : (CAPA) AirAsia X announced its first aircraft, an A330, will arrive in Kuala Lumpur on 18-Sep-07. AirAsia continues growth, looks to add Vietnam to the mix31-Aug-2007MALAYSIA : AirAsia released its year-end results 31-Aug-07, with the figures showing healthy growth in net profits (up 147% to USD142.4 million) and passengers, with its 8.7 million passengers carried up 53% on FY2005-06s 5.7 million. IDR gets a boost from AirAsia with enhanced connectivity30-Aug-2007MALAYSIA : (CAPA) AirAsias Southern hub in Johor received its first A320 on 28-Aug-07 with the launch of international services from Senai International Airport, setting the pace for greater connectivity for the Iskandar Development Region (IDR). In line with IDRs aim to become Southern Peninsular Malaysias most developed region, this occasion also marks a step closer towards an all-Airbus fleet in Malaysia by AirAsia. AirAsia builds up presence in Johor Bahru29-Aug-2007MALAYSIA : AirAsia announced 28-Aug-07 that it will expand its commitment of resources to its operations at Senai Airport, in Johor Bahru, Malaysia. AirAsia launches In-Flight Magazine20-Aug-2007MALAYSIA : (CAPA) AirAsia launched its new in-flight magazine, Travel 3Sixty on 08-Aug-07. T The glossy 96-page monthly, English travel and lifestyle magazine covers an array of topics in the world of travel, entertainment as well as lifestyle and fashion. AirAsia X strikes Gold: First route for long-haul carrier likely to be Australias Gold Coast, Virgin Group on board as strategic investor17-Aug-2007MALAYSIA : (CAPA) Low cost-long haul travel to Australia received another boost last week with reports that Malaysian start-up carrier, AirAsia X, an offshoot of the wildly successful short-haul airline AirAsia, is set to launch services to the Gold Coast as early as the end of next month. Virgin Group invests in AirAsia X; first route to Australias Gold Coast13-Aug-2007MALAYSIA : (CAPA) AirAsia X introduced its newest investor Richard Bransons Virgin Group in Kuala Lumpur on Friday, 10-Aug-07. Virgin will take a 20% stake in the carrier, in a transaction rumoured to be worth USD6.9 million. Virgin has been seeking to establish in Asia for the past two years, and this will be a welcome step for the Group, albeit limited at this stage. AirAsia X announces 20% investment by Virgin Group13-Aug-2007MALAYSIA : (CAPA) AirAsia X announced a 20% investment by Virgin Group. Sir Richard Branson confirmed his investment in AirAsia X, stating, Tony Fernandes and his team have had phenomenal success with AirAsia on the short haul and we believe they will have the same success with AirAsia X on the long haul. I am thrilled to be able to support them in this venture and look forward to seeing low cost long haul travel being opened up from their base in Malaysia. PEANUTS QUOTE: AirAsia X24-Jul-2007MALAYSIA : AirAsia X: This week is going to be key in terms of making some decisions and we may be in a position to announce our first destination in the next few days. We are just negotiating final commercial details, Azran Osman-Rani, CEO. AirAsia signs branding licence agreement with Fly Asian Xpress24-Jul-2007MALAYSIA : (CAPA) AirAsia and Fly Asian Xpress (FAX) entered a brand licence agreement on 21-Jul-07. Under the agreement, FAX has the right to operate its long haul services under the trade name and livery of AirAsia. Citibank and AirAsia launch Citibank AirAsia Credit Card13-Jul-2007MALAYSIA : (CAPA) Citibank and AirAsia launched a Citibank AirAsia credit card on 11-Jul-07. The credit card will enable members to earn free AirAsia flights and entitles them to special privileges and access to exclusive low fare seats during sales. AirAsia to commence Kuala-Lumpur-Krabi services in August06-Jul-2007MALAYSIA : CAPA) AirAsia announced plans to become the first airline to offer direct services from Kuala Lumpur to the Thai southern beach resort of Krabi, commencing 21-Aug-07. The carrier will offer three times weekly services using 180-seat A320 aircraft. Malaysia's AirAsia kept 'sell' on demanding valuations - Citigroup25-Jun-2007MALAYSIA : (XFN-ASIA) Citigroup maintained its sell/high risk rating on AirAsia Bhd with a target price of USD0.48 citing rich valuations, slowing growth in overseas operations and high foreign shareholdings as key reasons that investors should take profit. Citigroup analyst, Corrine Png, said AirAsia's performance in financial year 2007 is expected to come in within the expected range. Virgin's Branson to buy 20% stake in Malaysia's AirAsia - report25-Jun-2007MALAYSIA : (XFN-ASIA) - British billionaire Richard Branson of Virgin Group is touted to be taking a stake in Malaysia's new AirAsia long-haul low-cost budget airline, the Star newspaper reported. AirAsia signs agreement for inflight communication services22-Jun-2007MALAYSIA : (CAPA) AirAsia signed a MoU with OnAir Switzerland to provide an inflight global system for mobile communications/general packet radio services on AirAsia's fleet of A320s. The system will enable passengers to make and receive calls, send and receive text messages, and access emails on-board. AirAsia signs deal to provide inflight communication services21-Jun-2007MALAYSIA : (CAPA) AirAsia signed a MoU with OnAir Switzerland Sarl for the provision of an inflight global system for mobile communications/general packet radio services on AirAsia's fleet of A320s. 396 seats in an AirAsiaX A330 low cost long haul truly arrives!20-Jun-2007MALAYSIA : (CAPA) AirAsiaX has firmed up its order for 15 A330-300s at the Paris Air Show and reportedly plans to configure them with 396 seats in a single-class configuration. According to Airbus, A330-300s are typically configured to accommodate 335 passengers in two classes for regional routes, or 295 in three classes on long-haul routes of up to 5,650 nm. AirAsia & Leisure cargo partnership to generate RM12 million in revenue per annum07-Jun-2007MALAYSIA : (CAPA) AirAsias cargo division will deliver RM12 million in revenue per annum for the carrier, derived from the Memorandum of Agreement (MoA) signed between the low cost airline and Leisure Cargo, a cargo management company. The contract came into effect from 1 May 2007. Leisure Cargo will serve as the air cargo provider for AirAsias regional routes from its Kuala Lumpur hub at the Low Cost Carrier Terminal, and will secure RM1 million in cargo value for the airline every month. AirAsia increasing frequencies to Langkawi and Sibu29-May-2007MALAYSIA : AirAsia will commence its sixth daily direct flight from Kuala Lumpur to Langkawi beginning 17-Jul-07. The route will be served by A320 aircraft. AirAsia enters agreement with MRO provider Sepang Aircraft Engineering.23-May-2007MALAYSIA : AirAsia entered (22-May-07) a Memorandum of Agreement with MRO provider, Sepang Aircraft Engineering (SAE), to provide maintenance and repair services for the airlines fleet of A320s and B737-300 aircraft. AirAsia sees no major change in fuel surcharge.23-May-2007MALAYSIA : Air Asia announced (22-May-07) it sees no major changes in its fuel surcharge policy, despite a recent surge in global oil prices. Malaysia's AirAsia confirms order for 15 Airbus A330-300s14-May-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - Long-haul budget carrier AirAsia is to acquire 15 Airbus A330-300 aircraft, chief executive Tony Fernandes said. US investor raises stake in Malaysia's AirAsia to 5.5%10-May-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - US-based Wellington Management Co LLP has raised its stake in budget carrier AirAsia Bhd to 5.5%, after acquiring some 11.62 million shares between April 12 to May 3 via open market transactions, according to a stock exchange filing. AirAsia opens new Penang sales office17-Apr-2007MALAYSIA : GEORGETOWN, 12 April 2007 AirAsia is painting Chulia Street red with the opening of a new sales office right here in Penang, the Pearl of the Orient. This is the airlines first of its sales offices to adopt a brand new look. Malaysia's AirAsia kept at 'buy', target price 2.18 rgt13-Apr-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - HLG Securities said it has maintained its buy call on AirAsia, with a target price of 2.18 rgt after the budget carrier said it has proposed to hand over rural air services in East Malaysia to Malaysian Airline System Bhd's (MAS) community airline Firefly. Malaysia's AirAsia says still in talks to take stake in Fly Asian Express12-Apr-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - AirAsia Bhd said it is still in discussions with Fly Asian Express Sdn Bhd regarding a possible investment in the latter. Malaysia's AirAsia to make material announcement on April 2410-Apr-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - Long-haul budget air services provider AirAsia X is likely to make a material announcement regarding its aircraft policy on April 24, the Bernama news agency reported, citing AirAsia group chief executive officer Tony Fernandes. Airasia carries one million passengers on Macau Now introducing new daily direct flights from Kota Kinabalu12-Mar-2007MALAYSIA : Macau, 9 March 2007 Asias leading, award winning low-cost carrier, AirAsia strengthens its position in Macau by introducing new daily direct flights from Kota Kinabalu, the capital city of Sabah. Commencing February 6 2007, this is AirAsias seventh daily flight to Macau making this airline the 2 nd largest carrier to serve Macau Airport. Malaysia's AirAsia to launch 4-6 new routes this year08-Mar-2007MALAYSIA : AirAsia Bhd plans this year to introduce between four and six new routes, including Ho Chi Minh City, Vientiane and an unspecified destination in Myanmar. Malaysia's AirAsia Q2 net profit up 193 pct on higher load factor01-Mar-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - AirAsia Bhd said its second quarter to December net profit jumped nearly 193 pct year-on-year to 150.1 mln rgt on the back of a higher load factor of 82 pct, up 6 basis points from a year earlier. Malaysia's AirAsia, GE sign spare parts inventory management deal27-Feb-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - AirAsia Bhd said it has signed an agreement with GE Commercial Aviation Services (GECAS) to finance and manage its spare parts inventory for its fleet of 34 Boeing 737-300 aircraft. AirAsia's Fernandes raises stake in Malaysia's Tune Air to 48.04 pct26-Feb-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - Tune Air Sdn Bhd said AirAsia Bhd founder Tony Fernandes has added a 3.5 pct stake to his holdings in Tune Air after a restructuring, bringing his total stake to 48.04 pct. AirAsia looks to operate Singapore-Kuala Lumpur service by Apr-07.15-Feb-2007MALAYSIA : AirAsia hopes to secure approval to operate Singapore-Kuala Lumpur service in Apr-07 or May-07. The carrier expects to operate up to 20 daily services on the route. AirAsia X to announce widebody order in Mar-0715-Feb-2007MALAYSIA : AirAsia X confirmed it would complete its widebody aircraft evaluation in Mar-07. The carrier is currently considering A330-300 and B777-200 equipment, and is expected to order 20 aircraft. Malaysia's AirAsia says not planning rights issue07-Feb-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - AirAsia Bhd said it has no immediate plans to raise funds via a rights issue as its current business model does not warrant such a move. Malaysia's AirAsia says no plans to issue new shares in near term23-Jan-2007MALAYSIA : KUALA LUMPUR (XFN-ASIA) - AirAsia Bhd said it has no plans to raise fresh capital through a rights issue or a share placement in the near term, contrary to earlier reports. Malaysia's AirAsia hopes KL-Singapore route will open up by June14-Jan-2007MALAYSIA : SINGAPORE (XFN-ASIA) - AirAsia's chief executive Tony Fernandes remains upbeat on the prospects for opening up of the Kuala Lumpur-Singapore route, saying he expects a decision by June. Malaysia's AirAsia could be bigger than SIA, Cathay Pacific in 200811-Jan-2007MALAYSIA : AirAsia, the budget carrier launched five years ago with two aircraft, says it could be bigger than Asian giants Singapore Airlines and Cathay Pacific by next year, reports quoted its CEO Tony Fernandes as saying. AirAsia could be bigger than SIA, Cathay Pacific in 200811-Jan-2007MALAYSIA : SINGAPORE (XFN-ASIA) - AirAsia, the budget carrier launched five years ago with two aircraft, says it could be bigger than Asian giants Singapore Airlines and Cathay Pacific by next year, reports quoted its CEO Tony Fernandes as saying. The AirAsia X long haul low cost model08-Jan-2007MALAYSIA : The X Factor: AirAsia shakes the foundations of Asia Pacific aviation (again) A collective shudder could be (or should have been) heard among competing airlines and airports when AirAsia X was announced last week. Its proposal to become Malaysias second long haul flag carrier with a new low cost model based at KLIA creates a precedent at a critical time in the regions aviation evolution. The beginning may be modest, but then so was AirAsias first international foray. AirAsia introduces direct flights to Penang from East Malaysia hubs01-Jan-2007MALAYSIA : PENANG, 7 February 2007 As part of the 2 nd AirAsia Plan, the leading low cost carrier in Asia continues its efforts to connect all the cities in the region. Starting today, both of the airlines hubs in East Malaysia are serving direct flights to the Pearl of the Orient and the introduction of the Kuching-Penang and Kota Kinabalu-Penang would make AirAsia the sole operator serving these routes. AirAsia announces Kuala Lumpur-Palembang service30-Oct-2006MALAYSIA : AirAsia announced (30-Oct-06) plans to launch services from Kuala Lumpur to AirAsia may order 30 more A320s from Airbus21-Jul-2006MALAYSIA : Kuala Lumpur (XFNews-ASIA) - AirAsia said it plans to order 30 new A320 passenger jets from Airbus to meet expanding operations. AirAsia orders 40 more A320 Family aircraft20-Jul-2006MALAYSIA : Toulouse (AIRBUS) - AirAsia, the region's fastest growing low cost carrier, has signed a contract for 40 more A320 Family aircraft, and taken another 30 on option. AirAsia launches new hubs in Sabah and Sarawak02-Jun-2006MALAYSIA : AirAsia confirmed (02-Jun-06) plans to develop Kota Kinabalu and Kuching, in Sabah and Sarawak respectively, as operational hubs by Jul-06. Malaysia's AirAsia Q3 to March net profit down 44 pct on higher costs31-May-2006MALAYSIA : KUALA LUMPUR (XFN-ASIA) - Budget carrier AirAsia reported a 44 pct year-on-year drop in third-quarter to March net profit, citing intense competition, high promotion costs and a hefty one-off maintenance cost. AirAsia to subcontract domestic Malaysian turboprop services.30-May-2006MALAYSIA : AirAsia announced (30-May-06) plans to subcontract operations of the domestic Malaysian turboprop services (Rural Air Services) to a new airline, FAX (Fly Asian Xpress) AirAsia to establish hub in Kota Kinabalu, LCC terminal on its way22-May-2006MALAYSIA : AirAsia confirmed (22-May-06) plans to establish a hub at Kota Kinabalu International Airport in Jul-06 AirAsia planning to expand in northern Malaysia.05-May-2006MALAYSIA : AirAsia announced (05-May-06) plans to establish a new hub in the north of Malaysia, either in Alor Star or Penang, Malaysia's AirAsia Q3 to March passenger load up 55.3 pct yr-on-yr03-May-2006MALAYSIA : KUALA LUMPUR (XFNews) - AirAsia Bhd said its group passenger load for the third quarter to March this year jumped 55.3 pct to 2.53 mln people from 1.63 mln in the same period last year. AirAsia plans autumn launch of Bangladesh flights27-Apr-2006MALAYSIA : DHAKA (XFNews-ASIA) - Malaysia's AirAsia said its new joint venture budget airline in Bangladesh will start flights in October by offering fares at least 40 pct below those of other carriers, an official said. Focus: Malaysia's domestic route rationalisation strategy.27-Mar-2006MALAYSIA : MAS retains 19 domestic routes, AirAsia gains 96. The Malaysian Government announced (27-Mar-06) further details of the domestic route rationalisation strategy, including: AirAsia planning more JVs in Cambodia, Laos, Vietnam and the Philippines.18-Mar-2006MALAYSIA : AirAsia confirmed (18-Mar-06) plans to establish more JV LCCs in Asia, and is targeting Cambodia, Laos, Vietnam and the Philippines. AirAsia gains more domestic routes under new plan17-Mar-2006MALAYSIA : KUALA LUMPUR (AFX) - Low-cost carrier AirAsia Bhd will operate more frequent flights and routes to local destinations currently dominated by loss-making national carrier Malaysia Airlines, the government said. Malaysia's AirAsia to keep Thai stake at 49%13-Feb-2006MALAYSIA : KUALA LUMPUR (XFNews) - Malaysia-based budget airline AirAsia said will not dilute its 49 pct stake in its Thai joint venture, Thai AirAsia, adding that any plan for restructuring the unit will only involve its Thai partner Shin Corp. AirAsia calls for ASEAN common market.14-Dec-2005MALAYSIA : AirAsia CEO, Tony Fernandes, has called on ASEAN leaders to ensure common operational and regulatory standards across the region, to lower the cost of doing business and provide expansion opportunities. AirAsia takes delivery of first A320.08-Dec-2005MALAYSIA : AirAsia took delivery (08-Dec-05) of the first of 60 new A320s, marking the beginning of a total fleet renewal programe. |