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Articles tagged “capital a”

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,…

Peden Doma Bhutia | 1 year ago

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…

Peden Doma Bhutia | 1 year ago

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.

Sameer Manekar and Riya Sharma , Reuters | 1 year ago

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…

Matthew Parsons | 1 year ago

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…

Peden Doma Bhutia | 1 year ago

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.

Dennis Schaal | 2 years ago

Business Model Innovation Is the Hottest Thing in Online Travel

News Blog

AirAsia Superapp Topped 10 Million Monthly Active Users in the Second Quarter

As travel recovers in Southeast Asia, the AirAsia superapp saw the ranks of its monthly active users reach more than 10.6 million in the second quarter with an assortment of services, Capital A stated Monday in releasing the airline group's preliminary operating statistics. AirAsia Super App. AirAsia On the digital front, the AirAsia superapp saw…

Dennis Schaal | 2 years ago

News Blog

AirAsia X to Return to London, Hawaii

Capital A's long-haul budget airline, AirAsia X, will resume flights to London a decade after suspending them as the airline rebuilds its route map after restructuring during the pandemic. The Kuala Lumpur-based carrier will begin flights to London, as well as Dubai and Istanbul, later this year without specifying a date, it said Wednesday. In…

Edward Russell | 2 years ago

Online Travel

AirAsia’s Tony Fernandes Keen to Split Company in Dual New York Listings

Capital A is keen to push ahead with its "Hollywood" debut on the New York Stock Exchange, according to full-of-gusto CEO Tony Fernandes. Traveloka is also keen for an IPO debut in the U.S. The New York Stock Exchange is surely the place to be for Asian superapps.

Peden Doma Bhutia | 2 years ago

AirAsia’s Tony Fernandes Keen to Split Company in Dual New York Listings

Airlines

AirAsia SuperApp Offers New Subscription Promotion for Flights, Food Delivery

Subscriptions are relatively hot in travel although AirAsia's limited new plan might be seen as a sign of weakness rather than strength. AirAsia Super+ is essentially a marketing plan to jumpstart the airline's flights and food delivery businesses.

Dennis Schaal | 2 years ago

AirAsia SuperApp Offers New Subscription Promotion for Flights, Food Delivery