AirAsia Group has signalled it expects a strong rebound in air travel across south-east Asia in the coming months as the budget carrier raises $233 million from a rights issue.
The company will increase its holding in the Indian-based joint venture with AirAsia from 51 per cent to 84 per cent. Last week, Tata also put in a bid for control of national carrier Air India.
Breaking Travel News chats with Riad Asmat, chief executive for AirAsia in Malaysia, as the airline is recognised with the title of Asia’s Leading Low-Cost Airline by voters at the World Travel Awards. Speaking in Vietnam, he tells us about what is happening at the carrier this year and how the trophy will help develop the brand further.
AirAsia X has finalised a firm order with Airbus for an additional 12 A330-900 and 30 A321XLR aircraft. The contract was signed by Tan Sri Rafidah Aziz, chairman of AirAsia X, and Guillaume Faury, chief executive of Airbus in Kuala Lumpur earlier.
AirAsia has taken delivery of its first A330neo aircraft, to be operated by its long-haul affiliate AirAsia X Thailand. The aircraft was delivered via lessor Avolon and is the first of two A330neos set to join the airline’s fleet by the end of the year.
AirAsia chief executive for Hong Kong and Macao, Celia Lao, celebrates with Breaking Travel News as the carrier is recognised as Asia’s Leading Low-Cost Airline at the World Travel Awards.
Expedia Group has purchased the 25 per cent equity interest in AAE Travel held by AirAsia, the joint venture formed by the two firms in March 2011. The cash consideration is $60 million, net of AirAsia’s concurrent purchase of AirAsiaGo.com domain names and related assets from AAE Travel.
Recognised as the World’s Leading Low-Cost Airline by the World Travel Awards, AirAsia founder Tony Fernandes here tells Breaking Travel News just what it is that separates the carrier from its competitors in the region and around the world.
AirAsia commercial director Spencer Lee tells Breaking Travel News about the airline, how it is seeking to revolutionise travel in the region, and how important the UK has become as a source market. He also tells us how significant it is has been to be recognised by the World Travel Awards.
AirAsia has taken delivery of the first A320neo assembled at the Airbus Final Assembly Line Asia at a dedicated ceremony in Tianjin, China. The aircraft, powered by CFM LEAP-1A engines, seats comfortably 186 passengers and is equipped with the innovative Space-Flex cabin.