Tag Archives: AirAsia

AirAsia to launch Hua Hin-Chiang Mai route on 15 Oct

AirAsia to launch Hua Hin-Chiang Mai route on 15 Oct

The post AirAsia to launch Hua Hin-Chiang Mai route on 15 Oct appeared first on TD (Travel Daily Media) Travel Daily. As the Thai government gears up to reopen the country in November for international travel, AirAsia is set to paint the skies red again in support of the Hua Hin Airport opening in October. […]

Vaccines roll out in Asean, Asia and globally speeds up world travel recovery: AirAsia CEO

Vaccines roll out in Asean, Asia and globally speeds up world travel recovery: AirAsia CEO

The post Vaccines roll out in Asean, Asia and globally speeds up world travel recovery: AirAsia CEO appeared first on TD (Travel Daily Media) Travel Daily. AirAsia welcomes news of COVID-19 vaccines being rolled out across Malaysia commencing from this week, as the first key indicator of a global travel reboot in the near future. […]

Fly no more: AirAsia Japan shuts operations

Fly no more: AirAsia Japan shuts operations

Amid the shutting down of borders and increasing border restrictions that continue to hit travel, Covid-19 has claimed yet another airline. Low-cost carrier AirAsia Japan has now announced that it has ceased operations starting this week. With the ongoing travel restrictions and the uncertainties in airline operations there is hardly any demand for any kind […]

AirAsia X out of money, needs USD 120 million for restart

AirAsia X out of money, needs USD 120 million for restart

Long-haul low-cost carrier AirAsia X has run out of money and needs to raise up to MYR 500 million (USD 120.60 million) to restart the airline. This was revealed by deputy chairman of the company Lim Kian Onn. The Malaysian airline, the long-haul arm of AirAsia Group said this month it wanted to restructure MYR […]

Hitting turbulence: AirAsia reviews joint venture with Tatas, may exit India

Hitting turbulence: AirAsia reviews joint venture with Tatas, may exit India

Malaysia’s AirAsia said it is evaluating its loss-making budget airline joint venture in India with Tata Sons in the wake of the financial distress due to the coronavirus pandemic. “Our businesses in Japan and India have been draining cash, causing the group much financial stress. Cost containment and reducing cash burns remain key priorities evident […]

Tata Group boosts stake in AirAsia India

Tata Group boosts stake in AirAsia India

Tata Group has increased its stake in AirAsia India as the conglomerate looks to increase its share in the domestic aviation sector. The company announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51% to 84%. AirAsia, owned by Malaysian tycoon Tony Fernandes, has been scaling back its operations during […]