Skift Travel News Blog

Short stories and posts about the daily news happenings around the travel industry.

Airlines

IDEAS: Malaysia Airlines to Offer Educational Content as Part of In-Flight Entertainment Package

2 months ago

Malaysia Airlines is introducing ‘Education on the Go’ content as part of in-flight entertainment offering.

The new initiative, which has been launched in collaboration with Universiti Malaya Centre for Continuing Education, will allow passengers travelling with the carrier to access a selection of educational content, covering topics from lifestyle courses to business modules.

The new content is available under the Lifestyle category of the in-flight entertainment systems TV Show content selection.

Prof. Madya Dr. Shahrul Mizan Bin Ismail, Dean from Universiti Malaya Centre for Continuing Education, said in a press release, “We are thrilled to partner with Malaysia Airlines to bring Education on the Go to a wider audience. Be adaptable, flexible and never stop learning. The rate of change will never stop and neither should you.”


Skift Ideas uncovers the most creative and forward-thinking innovations happening across travel. We celebrate innovation through our Skift IDEA Awards and hear from leaders on our Ideas podcast.

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Airlines

Capital A Wants to Merge AirAsia and AirAsia X

1 year ago

Malaysia’s Capital A has submitted plans for a corporate restructuring, which will involve the merger of its low-cost airline AirAsia with long-haul carrier AirAsia X.

The company will set up a new division, called AirAsia Aviation, which will be run by Bo Lingam, who is currently president, airlines and group CEO of AirAsia Aviation Group Limited.

Capital A will then also include two other portfolios: the digital businesses and the logistics plus aviation services. They will be managed by Captial A CEO Tony Fernandes, who stepped down as acting group CEO of AirAsia X earlier this month.

The group also wants to carry out a separate “spin-off listing” in the future for the aviation services businesses of Capital A.

The corporate restructuring is designed to help it exit its “PN17” status, given to it by Bursa Malaysia, Malaysia’s stock exchange, which classifies it as a financially-distressed firm.

“We were at the sharp end of Covid, as were many airlines around the world, but we are coming out of it stronger than before — our airlines and network are fast returning to pre-pandemic levels, and our digital businesses are performing better than many had expected,” Fernandes said in a statement.

“While our PN17 status remains an accounting issue and does not accurately reflect the business viability and prospects of Capital A, we have nevertheless worked very hard to develop a plan to address the PN17 status as a key part of our post-pandemic recovery journey.”

Capital A aims to submit its proposal to Bursa Malaysia for approval in February 2023.

Formerly known as AirAsia Group, Capital A has become an investment holding company with a  portfolio of business that includes its airasia superapp, which saw monthly active users reach more than 10.6 million in the second quarter of this year. It also operates fintech firm BigPay.

AirAsia X recently resumed flights between Kuala Lumpur and Jeddah in Saudi Arabia.