All AirAsia articles – Page 3

  • Airbus AirAsiaX first A330-900

    AirAsia Group to retain all staff: chief executive


    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

    AirAsia slips to full-year loss


    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

    Malaysian prime minster weighs in on AirAsia-Airbus probe


    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

    AirAsia names acting chief amid Airbus probe


    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

    AirAsia chiefs deny wrongdoing but step aside to aid graft probe


    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

    AirAsia firmly rejects implications from Airbus bribery case


    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

    Court describes ‘endemic’ bribery aimed at securing Airbus orders


    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

    AirAsia Japan appoints new head


    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 ...

  • AirAsia A320neo

    AirAsia boosts third-quarter profit 5% amid strong revenue rise


    AirAsia Group’s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased.

  • AirAsia A321neo

    AirAsia receives first A321neo


    AirAsia has taken delivery of its first Airbus A321neo from an order for 353.

  • News

    AirAsia X and AirAsia to profit-share on KL-Singapore route


    AirAsia and long-haul sister carrier AirAsia X (AAX) have signed a profit-sharing agreement for flights between Kuala Lumpur and Singapore, effective 10 November.

  • News

    A220 deal helps lift Airbus net orders total above 100


    ​Airbus has disclosed an order for 14 A220s, comprising both variants of the twinjet, from an undisclosed customer.

  • News

    AirAsia and AirAsia X proceed with claim against MAHB


    AirAsia and AirAsia X have filed a MYR480 million ($158 million) claim against a subsidiary of Malaysia Airports (MAHB) in the Kuala Lumpur High Court on 2 October, nine months after the sister carriers expressed their intention to pursue a claim.

  • AirAsia-AirAsia X September network

    New AirAsia X opportunities after Airbus order rejig


    AirAsia X’s recent order rejig for Airbus A330neos to include the A321XLR is a sensible move, one that could open up a wide range of opportunities for the low-cost carrier.

  • News

    Malaysia Airports presses AirAsia and AirAsia X to pay debts


    Malaysia Airports (MAHB) is pushing AirAsia and AirAsia X to pay around MYR42 million ($10 million) in debts mostly related to passenger service charges (PSCs) after a July court victory against the two carriers.

  • News

    AirAsia Group orders more A330neos and A321XLRs


    ​Long-haul budget carrier AirAsia X is ordering another 12 Airbus A330-900s, adding to the 66 already booked by the airline.

  • News

    Depreciation costs drag AirAsia Q2 profit down 53%


    Sharply higher depreciation resulting from its recent sale-and-leaseback activity saw AirAsia Group report a 53% slide in operating profit to MYR207 million ($49 million) for the second quarter.

  • News

    AirAsia cleared to start five new Asian services


    AirAsia was granted traffic rights by the Malaysian Aviation Commission (MAVCOM) to start five new Asian services from August onwards.

  • News

    PICTURE: AirAsia receives its first A330neo


    ​AirAsia has taken delivery of its first Airbus A330neo from the airframer.

  • News

    AirAsia, AirAsia X to appeal order to pay higher pax charges


    AirAsia and AirAsia X are planning to appeal an order from the Malaysian High Court to pay nearly MYR42 million ($10.2 million) in passenger service charges (PSC) and late payment charges to Malaysia Airports (MAHB).