AirAsia

By Adrian Schofield
The lure of Asia-Pacific market growth potential has spurred the region’s LCCs to dramatically inflate manufacturers’ narrowbody orderbooks in recent years.
Airlines & Lessors

By Adrian Schofield
The AirAsia Group is looking to boost capacity in its major Southeast Asian markets thanks to a strong recovery in domestic demand in the countries.
Airlines & Lessors

By Chen Chuanren
AirAsia X is liquidating its Indonesian unit and has written down its 49% holding in Thai AirAsia X as the long-haul LCC struggles to pay for aircraft leases across all of its AOCs.
Airlines & Lessors

By Adrian Schofield
AirAsia Japan confirmed that it has ceased operation as of Oct. 5 after the COVID-19 crisis compounded the carrier’s challenges in the competitive Japanese LCC market.
Airlines & Lessors

By Adrian Schofield
AirAsia Japan’s shareholders are reportedly preparing to shut down the carrier, as the AirAsia Group focuses its attention on its Southeast Asian operations.
Airlines & Lessors

By Chen Chuanren
AirAsia is turning to its digital and e-commerce portfolio as an alternate revenue stream while the Malaysia-based LCC group’s network remains disrupted because of the COVID-19 pandemic.
Airlines & Lessors

By David Casey
AirAsia Japan plans to suspend all flights from the beginning of October as the impact of the COVID-19 crisis continues to dampen passenger demand.
Airlines & Lessors

By Adrian Schofield
AirAsia has restructured its engineering operations into a wholly owned subsidiary, which will provide MRO services to the group’s airlines and also third-party customers.
Airlines & Lessors

By Chen Chuanren
AirAsia is hoping to raise MYR2.5 billion ($602 million) by the end of the year while the fate of its Japanese operation is unclear after it was put under review.
Airlines & Lessors

By Chen Chuanren
AirAsia Group Berhad is preparing to rely on its six airlines’ domestic markets for revenue in the remaining months of 2020 after the LCC group had “stabilized” in the second quarter following the outbreak of COVID-19.
Airlines & Lessors

A new event is being launched by Routes which will provide an innovative platform for the aviation industry to rebuild air services in the post-pandemic era.
Airports & Networks

By Adrian Schofield
AirAsia has grown to become one of the most influential brands in the Asia-Pacific region, but the group also faces significant financial challenges
Airlines & Lessors

By Adrian Schofield
AirAsia has highlighted its efforts to raise new funds and cut costs as it seeks to reassure investors following an auditor’s report that questioned the carrier’s financial viability.
Airlines & Lessors

By Chen Chuanren
Trading of AirAsia Group Berhad stock was temporarily halted on the morning of July 8 after auditor Ernst & Young (EY) questioned the LCC’s ability to shore up its funds to stay afloat.
Airlines & Lessors

By Chen Chuanren
AirAsia Group has posted a net loss of MYR953.3 million ($223 million) for Q1 of 2020, the largest loss the company has recorded since its listing in 2004.
Airlines & Lessors

By Chen Chuanren
Southeast Asia’s largest LCC AirAsia Group is reportedly looking to sell 10% of its equity to South Korea’s SK Group to raise funds as the ongoing COVID-19 crisis impacts cashflow.
Airlines & Lessors

By Chen Chuanren
AirAsia is trialing a personal protective equipment (PPE) uniform for its cabin crew as the LCC group prepares for the resumption of flights in some markets.
Safety, Ops & Regulation

By David Casey
LCC AirAsia is targeting April 29 as the date it plans to restart domestic flights in Malaysia, followed by Thailand and the Philippines on May 1.
Airlines & Lessors

By Chen Chuanren
Malaysia LCC AirAsia is asking passengers to opt for credited tickets as it struggles with a massive backlog of ticket refunds as well as a disruption in cashflow.
Airlines & Lessors

By Chen Chuanren
The Malaysian Aviation Commission (MAVCOM) is urging aviation stakeholders to only seek financial help from Malaysia’s government “as a last resort” with fiscal resources stretched amid the COVID-19 crisis.
Airlines & Lessors

By David Casey
AirAsia is grounding of most of its fleet due to “extensive and increasing border restrictions.” The Malaysian group originally planned to offer more than 9 million seats across its network during April.
Airports & Networks

By Adrian Schofield
AirAsia Group has confirmed that it is temporarily grounding most of its fleet, and its core Malaysia-based operation is suspending all international and domestic flights.
Airlines & Lessors

By Adrian Schofield
AirAsia said an independent inquiry into bribery allegations has determined no wrongdoing occurred, and the group’s two leading figures have been restored to their positions.
Airlines & Lessors

By Chen Chuanren
The fallout from COVID-19 coronavirus is set to complicate the long-haul LCC's financial situation after losses widened in fiscal 2019.
Airlines & Lessors

By Aaron Karp
The LCC is adding its 16th international destination from Manila.
Airports & Networks