Air Asia News
Future of Air Asia called into doubt by auditors
Ernst & Young pointed out liabilities at Air Asia already exceeded assets by more than £340 million at the end of 2019. Shares in the Malaysian-based airline fell by more than ten per cent this morning in response.
Expedia increases ownership in AirAsia-Expedia joint venture
Expedia has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel, the joint venture formed between the two companies in 2011, for cash consideration of $86.3 million.
Emirates celebrates as Real Madrid pick up tenth European Cup
Real Madrid have secured a tenth European Cup with a 4-1 win over Atletico Madrid in the Champions League Final. Their victory is being celebrated by their sponsorship-partner Emirates Airline. Last year, Emirates Airline and Real Madrid signed a five year shirt sponsorship deal of the club until the end of the 2017/2018 season.
AirAsia increases frequencies for Intra-East Malaysia flights
AirAsia has added frequencies for flights from Kuching – Bintulu, Kota Kinabalu – Tawau and from Kota Kinabalu – Johor Bahru.
Child free zone introduced on Air Asia flights
Malaysia-based low-cost carrier Air Asia has outlined plans to introduce a quiet zone on its aircraft, effectively banning children from the first seven rows of economy class seats. The airline hopes to get the scheme up and running by February next year, with passengers able to reserve a seat in the zone at no extra cost – for now.
Air Asia set to acquire Batvia Air
Budget airline Air Asia is planning to buy a 49% stake Batavia Air, in a bid to expand the Malaysian carrier’s presence in Southeast Asia’s largest economy.
AirAsia boosts flights to Kota Kinabalu and Sandakan
AirAsia has confirmed it will introduce additional flights from Kuala Lumpur to Kota Kinabalu and Sandakan. Following the changes the low-cost carrier will offer 14 flights a day from Kuala Lumpur to Kota Kinabalu with a further three departures heading for Sandakan.
AirAsia X announces Osaka as its 2nd Japan destination
AirAsia X, the Malaysian-based long-haul, low-fare affiliate of AirAsia, today announces its second destination in Japan after Tokyo.
Datuk Mohamed Azman Yahya appointed to board of Air Asia
The board of low-cost carrier AirAsia has announced the appointment of Datuk Mohamed Azman Yahya as a non-independent non-executive director of the company.
AirAsia X waves goodbye to Stansted, moves flights to Gatwick
AirAsia X has confirmed it will move its UK base to Gatwick Airport. From October 24th the Malaysia-based long-haul carrier will offer six flights a week to low fare affiliate of AirAsia has announced Kuala Lumpur Low Cost Carrier Terminal.
AirAsia, Expedia joint venture to power online travel in Asia
AirAsia, the world’s best low cost airline and Expedia, Inc., the world’s largest online travel company, today announced the launch of a new joint venture company covering Asia Pacific and offering a complete range of great value flights, hotels, and holiday packages.
AirAsia X adds Paris as second European destination
AirAsia X, the long-haul low fare affiliate of AirAsia, has announced Paris will become its second European destination following its inaugural London flight last year.