Articles tagged “capital a”

Online Travel

Online Travel Companies Make a Bundle Investing Customer Cash

The major thing new in online travel companies holding onto customer cash and investing it is that interest rates are a lot higher, and they are taking advantage. The rich get richer.

Online Travel Companies Make a Bundle Investing Customer Cash

Travel Technology

The Superapp for Travel Is Coming Back

Today’s edition of Skift’s daily podcast looks at AirAsia’s superapp dreams, Turkey’s Russian angle, and employee mental health at hotels.

The Superapp for Travel Is Coming Back

Airlines

AirAsia’s Tony Fernandes Refocuses Back on a Superapp Just for Travel

While "disruptive and different" is still the mantra that Tony Fernandes swears by, he says he's choosing to tread carefully even as he aspires to create an AirAsia Republic.

AirAsia’s Tony Fernandes Refocuses Back on a Superapp Just for Travel

Airline Weekly

AirAsia’s Renewed Southeast Asia Focus to Include Launching a New Airline

It's been a while since there's been a new airline in East Asia. A restructured AirAsia is making the first move.

AirAsia’s Renewed Southeast Asia Focus to Include Launching a New Airline

News Blog

AirAsia to Now Launch a Low-Cost Carrier in Cambodia

AirAsia Aviation Group on Friday announced a joint venture with Cambodia-based Sivilai Asia to launch a new low-cost carrier — AirAsia Cambodia. The airline, in which AirAsia will be the majority partner, expects to commence operations in late 2023. Cambodia is the fifth Southeast Asian destination that AirAsia will be foraying into after Malaysia, Indonesia,…

News Blog

AirAsia Parent CEO Wants to Pull Its Airlines Into an IAG Model

Malaysia’s Capital A will not be merging its airlines, but will instead move all the carriers under one existing structure, similar to how British Airways, Iberia Airline, and Aer Lingus operate under the International Airlines Group umbrella, said CEO Tony Fernandes on Monday. AirAsia X will be renamed AirAsia Aviation Group and there will be…

Airlines

AirAsia Parent Narrowed Third Quarter Loss on Strong Travel Rebound

Capital A, AirAsia's parent company, still has a way to go to return to profitability. But it's optimistic given surging travel demand and eased travel restrictions in Southeast Asia.

AirAsia Parent Narrowed Third Quarter Loss on Strong Travel Rebound

News Blog

Capital A Wants to Merge AirAsia and AirAsia X

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…

News Blog

Tony Fernandes Steps Down as Acting Group CEO of AirAsia X

Tony Fernandes has stepped down as the acting group CEO of Capital A's long-haul budget carrier AirAsia X citing "other commitments," the airline announced in a note to investors on Monday. "I’m now going to focus on delivering significant value to shareholders of Capital A, including the AirAsia Aviation Group, aviation services, logistics, travel, fintech…

Online Travel

Business Model Innovation Is the Hottest Thing in Online Travel

Innovation comes in many forms. Sometimes it's a new technology. But for a growing number of online travel companies, it's all about disrupting traditional business models.

Business Model Innovation Is the Hottest Thing in Online Travel