Page 2

Articles tagged “malaysia”

Airlines

AirAsia X’s Post-Pandemic Strategy Focuses on Cost Containment and Fleet Expansion

While AirAsia X is looking closely to contain costs, the airline's greatest learning from Covid has been to maintain a cash buffer for financial resilience and long-term sustainability, providing a safety net to weather uncertainties.

Peden Doma Bhutia | 11 months ago

AirAsia X’s Post-Pandemic Strategy Focuses on Cost Containment and Fleet Expansion

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

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

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

News Blog

Southeast Asian Destinations Steer Tourists Towards Road Trip Holidays

In a bid to encourage tourists to explore the region by road, the 10 member states of the Association of Southeast Asian Nations (ASEAN) have come up with a driving tourism manual. The guidebook contains information on driving in Thailand, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam and also includes a list…

Peden Doma Bhutia | 2 years ago

Hotels

Asian Hotels Look to 2-Tier Pricing for Recovery

Twin rates for foreign travelers and locals in Asian hotels may be a temporary solution to help the hospitality industry recover, but it may not be sustainable in the long run, especially for economies highly dependent on tourism.

Peden Doma Bhutia | 2 years ago

Asian Hotels Look to 2-Tier Pricing for Recovery

Hotels

Hoteliers Debate Dual Rates for Foreigners: Lodging News This Week

Emerging markets such as Thailand and Malaysia are considering "dual-rate structures," where foreigners pay more for hotel stays than domestic travelers do. Will this help or hurt? Plus, other hotel deals and development news.

Sean O'Neill | 2 years ago

Hoteliers Debate Dual Rates for Foreigners: Lodging News This Week

News Blog

SE Asia Dominates for Muslim Travelers Globally; Under-40s Driving Halal Tourism

South East Asia and Middle East regions continue to dominate in the ranking of Muslim-friendly destinations, according to the latest research and rankings by Muslim travel consultancy Crescent Rating along with its partner Mastercard. The report dives into how the under-40s global Muslim population is now driving the next phase of growth of what many…

Rafat Ali | 2 years ago

Tourism

Will Cautious Thailand Lose Out in Southeast Asia’s Tourism Recovery Race?

It's good to be cautious, but Thailand may pay the price of being cautious to a fault. Having already lost out on the first-mover advantage, will the delay in reopening deal a major blow to the already-fragile economy of Southeast Asia's biggest tourism hub?

Peden Doma Bhutia | 2 years ago

Will Cautious Thailand Lose Out in Southeast Asia’s Tourism Recovery Race?

Tourism

Daily Podcast: Oyo’s Bumpy Road to an IPO

Good morning from Skift. It's Friday, March 18, in New York City. Here's what you need to know about the business of travel today.

Rashaad Jorden | 2 years ago

Daily Podcast: Oyo’s Bumpy Road to an IPO