Articles tagged “tony fernandes”

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 | 1 week ago

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

News Blog

AirAsia Announces New CEO for Superapp Business

AirAsia on Tuesday announced the appointment of Mohamad Hafidz, who is currently the chief fintech officer, as the acting CEO of AirAsia superapp from April 1 onwards.  With nearly 30 years in the payments industry, Hafidz, populary known as Mo, will be succeeding Amanda Woo in his new role. Woo was appointed CEO of the…

Peden Doma Bhutia | 3 months ago

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.

Peden Doma Bhutia | 4 months ago

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

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 | 6 months 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 | 6 months 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 | 7 months ago

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

Dennis Schaal, Skift | 2 years ago

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Airlines

AirAsia Boss Looks To Aviation’s Return to Pre-Covid Levels in 2022

Disparate policies on required travel documents could get in the way of a recovery, but AirAsia's Tony Fernandes thinks all will get sorted out in the next few months. He may be a tad overoptimistic about what getting back to "normal" actually looks like.

Liz Lee, Reuters | 2 years ago

AirAsia Boss Looks To Aviation’s Return to Pre-Covid Levels in 2022

Airlines

Some Airlines Trying to Be More Than Just Airlines to Make Up for Pandemic’s Financial Hit

The pandemic has been devastating for the world's airlines, forcing some to think outside the box to stay afloat. Is this a gimmick for coping with the times, or the renaissance of a more diversified airline industry?

Ruthy Muñoz, Skift | 2 years ago

Some Airlines Trying to Be More Than Just Airlines to Make Up for Pandemic’s Financial Hit

Airlines

AirAsia’s Tony Fernandes Talks Digital Transformation in Exclusive Skift Interview

With the closure of its operation in Japan and rumblings about selling its stake in India, AirAsia Group will have to renews its focus on core markets in Southeast Asia. But while the airline operation turns inward, the group's e-commerce operation is gambling on expansion.

Dennis Schaal, Skift | 3 years ago

AirAsia’s Tony Fernandes Talks Digital Transformation in Exclusive Skift Interview