All AirAsia articles

  • Bangkok
    News

    AirAsia agrees to sell 32.7% of Indian carrier to Tata

    2020-12-29T13:16:00Z

    AirAsia has agreed terms on the sale of a 32.7% stake in its joint venture carrier AirAsia India to the carrier’s existing co-shareholder Tata Sons

  • AirAsia A330neo-c-Airbus
    News

    AirAsia X plans stock issue to raise funds while cutting share capital

    2020-12-14T18:32:00Z

    Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 ...

  • AirAsia India A320 202003 c ATI
    News

    AirAsia Group to reduce fleet size in 2021

    2020-12-02T07:43:00Z

    AirAsia India will be the group’s only unit to see fleet growth by the end of 2021, amid an ongoing investment review conducted by the low-cost group.

  • AirAsia
    News

    AirAsia eyes ‘local airline presence’ in IndoChina as domestic markets recover

    2020-11-24T16:56:00Z

    AirAsia Group is exploring options for an airline presence in IndoChina after narrowing losses in its latest financial results and optimism of strong domestic rebound in the markets it serves. In the group’s financial results for the quarter ended 30 September, AirAsia Group president for airlines Bo Lingam states: ...

  • AirAsia Japan A320
    News

    AirAsia Group confirms AirAsia Japan closure

    2020-10-05T09:58:00Z

    Malaysia’s AirAsia Group has officially announced it will shut operations in Japan. “The company wishes to announce that it has today been notified of the decision taken by the board of directors of AirAsia Japan to cease its operations with immediate effect,” AirAsia Group says today ...

  • Shashank-Nigam
    Opinion

    ‘Antifragile’ airlines have the edge

    2020-09-25T13:05:00Z

    Carriers seeking a strong recovery from coronavirus should focus on how adversity can drive change for the better, writes Shashank Nigam of airline marketing specialist SimpliFlying

  • AIrAsiaA320
    In depth

    AirAsia’s Fernandes doubles down on digital as domestic market improves

    2020-09-24T07:05:00Z

    AirAsia Group chief executive Tony Fernandes reiterated comments made earlier that its domestic and short-haul flights will recover faster, with the low-cost model better poised than its full-service counterparts. 

  • AirAsia A320 PK-AZE c Wikimedia Commons_SabungDOThamster
    News

    AirAsia Group seeks to raise up to $600 million by end of 2020

    2020-09-08T10:57:00Z

    Malaysia’s AirAsia Group is looking to raise up to MYR2.5 billion ($600 million) before the end of the year. The company confirms to Cirium that it is talking to private equity, strategic partners, as well as both local and foreign conglomerates. It plans to raise up to MYR1.5 ...

  • AirAsia A320neo
    News

    AirAsia to focus on domestic recovery amid widened Q2 loss

    2020-08-26T02:30:00Z

    AirAsia Group anticipates a return to profitability “in the years to come”, with demand — particularly for domestic travel — expected to increase in the second half of the year. At the release of its second-quarter financial results, group chief executive Tony Fernandes says AirAsia Group has reduced its ...

  • Cabin crew
    Analysis

    How many jobs are airlines cutting due to coronavirus?

    2020-07-15T08:50:00Z

    Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.

  • Bangkok
    News

    Pandemic pushes AirAsia into the red

    2020-07-06T15:22:00Z

    AirAsia Group slipped to a MYR953 million ($223 million) net loss in the first quarter, down from a MYR102 million profit in the same three-month period of 2019, as Covid-19 caused demand to plummet.

  • Cathay Pacific
    In depth

    Grounded commercial aircraft around the world – in pictures

    2020-04-22T11:41:00Z

    Parked aircraft have become commonplace at airports in all regions as the coronavirus outbreak prompts border restrictions and plummeting demand for air travel

  • Airbus AirAsiaX first A330-900
    News

    AirAsia Group to retain all staff: chief executive

    2020-04-13T05:50:00Z

    AirAsia Group ’s chief executive Tony Fernandes has made a commitment to retain all staff, even with 96% of its fleet grounded. The group has “no revenue coming in”, Fernandes says in a statement published on AirAsia carriers’ websites, alongside ongoing financial commitments such as those to fuel ...

  • AIrAsiaA320
    News

    AirAsia slips to full-year loss

    2020-02-27T14:23:00Z

    AirAsia Group has reported a full-year net loss of MYR286 million ($67.9 million) for 2019, after a MYR1.7 billion net profit the previous year. The airline group says the negative result was due partly to “accounting treatment” associated with its move from owning to leasing aircraft, and partly ...

  • AirAsia A320neo
    News

    Malaysian prime minster weighs in on AirAsia-Airbus probe

    2020-02-07T09:21:00Z

    Malaysia’s prime minister Mahathir Mohamad has weighed in on bribery allegations around AirAsia Group’s aircraft orders from Airbus. “Usually when the [Malaysian] government buys equipment, we would often ask [the manufacturer] for an offset. Meaning, if we were to buy an aircraft, we would ask for an offset,” ...

  • AirAsia A320neo - Airbus
    News

    AirAsia names acting chief amid Airbus probe

    2020-02-04T05:36:00Z

    Bo Lingam has been appointed AirAsia Group ’s acting chief executive, after founders Tony Fernandes and Kamarudin Meranun stepped down temporarily to facilitate an independent probe into Airbus bribery allegations. Lingam is currently the group’s president for airlines and will serve in the acting role for two months “or ...

  • fernandes
    News

    AirAsia chiefs deny wrongdoing but step aside to aid graft probe

    2020-02-03T17:23:00Z

    AirAsia Group chief Tony Fernandes and chairman Kamarudin Meranun have voluntarily stepped aside from their executive roles, for two months, to allow an independent probe into bribery allegations which emerged during an in-depth investigation at Airbus. UK court documents detailing an indictment against Airbus, for allegedly failing to prevent ...

  • AirAsia A330neo
    News

    AirAsia firmly rejects implications from Airbus bribery case

    2020-02-01T18:50:00Z

    Low-cost carrier AirAsia has vehemently denied any allegations of wrongdoing after Airbus was heavily fined under a deferred prosecution arrangement over multiple charges relating to alleged failure to stop bribery. Malaysia’s Anti-Corruption Commission says it is “already investigating the matter” and is “in touch” with UK authorities. The charges ...

  • A330neo Fia 18
    News

    Court describes ‘endemic’ bribery aimed at securing Airbus orders

    2020-01-31T21:01:00Z

    Judicial authorities overseeing a deferred prosecution arrangement with Airbus have described as “endemic” the bribery linked to its commercial aircraft and defence divisions, as details emerged of activities scrutinised by fraud investigators. Airbus has agreed to pay a €3.6 billion fine to settle multiple investigations from French, UK and ...

  • AIrAsiaA320
    News

    AirAsia Japan appoints new head

    2019-12-16T08:24:00Z

    The AirAsia Group has appointed Jun Aida to head its Japanese operations. Effective 1 January, Aida relinquishes his role as the carrier’s senior advisor, and takes on the mantel as representative director and chief operating officer of the Japanese low-cost carrier. Source: AirAsia Jun Aida ...