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Old October 20th, 2015, 08:01 AM   #1
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AIRASIA GROUP: AK,D7,FD,QZ,PQ,JW,Z2,XJ,IJ,XT

AIRASIA JAPAN https://www.facebook.com/airasiajapa...2018962536363/
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Old November 17th, 2015, 04:32 PM   #2
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APEC 2015: AirAsia banks on Philippines after first airliner disaster

'We will keep discovering new places and new things. It is a challenge here, but there is big prize at the end of the day in the Philippines,' AirAsia Group CEO Tony Fernandes says on the sidelines of #APEC2015

MANILA, Philippines – Passenger traffic coming from the Philippines and its local affiliate’s ongoing re-fleeting program will help the Southeast Asia’s biggest budget airline rise next year, after it grappled with its first crash in Indonesia last December, the chief of AirAsia Group said on Tuesday, November 17.

"I am predicting a big year in 2016 and I am very confident Filipinos are going to love our products," AirAsia Berhad CEO Tony Fernandes told a media roundtable on the sidelines of the Asia-Pacific Economic Cooperation (APEC) CEO Summit 2015 in Makati City.

Asked how the business has been since its first airliner disaster in Malaysia, Fernandes replied: "We are optimistic. [In terms] of passenger traffic, the Philippines is actually the best."

'Best' passenger traffic

Its third quarter records showed that Philippines AirAsia had a load factor of 84%, a 19 percentage-point increase year on year. Load factor refers to a measure of plane occupancy.

Compared to AirAsia Group’s operations in Malaysia, Thailand, Indonesia, and India, the Philippines recorded the highest increase in load factor in the third quarter of 2015.

"For fourth quarter, we will make money, which is great and I am super confident going forward," Fernandes said.

Its parent company AirAsia Berhad recorded MYR1.32 billion (P14.22 billion or $301.40 million) revenue in the second quarter of the year, an inch higher than those of last year, thanks to higher passenger volume.

It was last December 28 when AirAsia Indonesia flight QZ8501 to Singapore crashed, with over 160 people on board gone missing. This was AirAsia Group’s first airliner disaster since its establishment 12 years ago. Some business analysts have then said that the incident could discourage some passengers from using the airline at least in the short term, which would have an impact on its bottom line.

"Load is now trending upwards to pre-QZ8501 levels on sales campaigns and brand recovery efforts. Philippines AirAsia’s re-fleeting plan is also on track where older aircraft that were acquired during the acquisition of Zest Air will be sold or targeted to be returned to third party lessors. This will help the associate to continue reduce its cost further. Network optimisation is in place and the number of agents will also be increased in the Philippines," Fernandes said.

The local unit of AirAsia operates domestic destinations such as Kalibo (Boracay), Puerto Princesa (Palawan), Tagbilaran (Bohol), Cebu and Tacloban. Its international destination include China and Korea.

Higher capital

Asked if the airline group has plans of increasing its investments in the country, its CEO said: "We will keep discovering new places and new things. It is a challenge here, but there is big prize at the end of the day in the Philippines."

The shareholders of Philippines AirAsia are investing more money into the airline for next year, increasing the airline's capital stock to P5 billion ($106.84 million) to fund the lease of 5 more aircraft for 2016.

Philippines AirAsia currently has a capital of P2 billion ($42.75 million).

AirAsia Berhad used to operate in the Philippines through Filipino company AirAsia Philippines (Air Asia, Incorporated), which has a 49% stake in AirAsia Zest (Zest Airways, Incorporated).

Just recently, the Civil Aeronautics Board approved its petition to operate as a single company with just a single certificate. The company is now called Philippines AirAsia, Incorporated.

It, however, has pushed back its $200-million initial public offering (IPO) to first quarter of 2018 from 2016, as it finalizes the streamlining of its operations and re-fleeting of aircraft.

"More investments will come after IPO, but we do not want to announce what we are going to do because as soon as this is on Rappler or Philipine Daily Inquirer, then other airlines will copy us," Fernandes said.

Master short-haul

The AirAsia chief, meanwhile, hinted that it will continue to focus on operating short-haul flights even after IPO.

"It will probably be the next CEO who looks at long haul, not me. You set the doorsteps of China, Philippines, Japan, and Korea. On the other side you have a 700-million ASEAN market, with most of these people not [having been] to the Philippines yet," he added.

Asked about AirAsia’s access to the US market, Fernandes replied: "When I run out of that (ASEAN market), then I look at the Americans; But it is complicated — security, [President Barack] Obama... Leave that to PAL (rival Philippine Airlines, Incorporated)." – Rappler.com

$1=P47.18

http://www.rappler.com/business/industries/171-aviation-tourism/113111-apec-philippines-2015-airasia-fernandes
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Old November 17th, 2015, 04:35 PM   #3
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Airasia Berhad & Thai Airasia announce 50% sale on international flights

NEW DELHI: Indian leisure travellers can plan their trip to Kuala Lumpur and Bangkok for early next year now, as AirAsia Berhad and Thai AirAsia has announced a discount offering of 50 per cent off on flights to these two destinations from India

The bookings can be made from the November 17, 2015, until November 22, 2015, for travel between January 15, 2016 and April 10, 2016,

"Guests can avail all-in-fares from as low as Rs 3,208 one-way from Vizag to Kuala Lumpur; Rs 3,758 ..

http://economictimes.indiatimes.com/...on/airlines-/-aviation/airasia-berhad-thai-airasia-announce-50-sale-on-international-flights/articleshow/49816130.cms
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Old November 18th, 2015, 12:07 AM   #4
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you need to Add I5 code of AirAsia India. "The Gang"

Fly Nas - A320s (VP-CXI,VP-CXW) & AirAsia India - VT-BLR at GMR AeroTechnic,Hyderabad

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Old November 18th, 2015, 11:35 PM   #5
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AirAsia Looks Cheap but It’s No Discount Airline

The Malaysian airline trades at six times earnings but headwinds on many fronts mean caution is needed.

Outspoken AirAsia boss Tony Fernandes hit Twitter this summer to complain that Kuala Lumpur airport’s fancy new international terminal was literally sinking. Frustrated investors in Asia’s biggest low-cost airline could level a similar gripe at Fernandes about its share price.

AirAsia (ticker: AIRASIA.MY) has had a horrible 2015. After its Indonesian subsidiary lost a plane on Boxing Day, the airline has also had to chart a flight-path around a plunging Malaysian ringgit, circling short-sellers and struggling regional operations. The drop-off in oil prices hasn’t given much relief either.

The share price has been in a tailspin and AirAsia’s valuations look cheap as a result. However, the stock is cheap for a reason. Allegations of accounting shenanigans and regulatory issues in Indonesia have been less appetizing for investors than an in-flight meal. From MYR2.30 a share in June, the stock fell to a seven-year low of MYR0.75 a share in late August. It’s since regained altitude to MYR1.37 a share on a proposed share buy-back and interest from bottom-fishing investors. While the stock currently trades at a bargain valuation, AirAsia’s days as the region’s premier budget airline are behind it. Not only does it face more intense competition, it also is troubled by regulatory wrangles and foreign exchange woes.

The airline’s second quarter numbers underscore why investors have been cool on the stock. Profits slumped by a third, while revenues were flat year-on-year. Passenger numbers were up an unexciting 6% compared to a double-digit rise in the previous year.

More concerning is that all of AirAsia’s regional joint ventures, excluding Thailand, are hemorrhaging red ink. Indonesia, the least profitable out of the group, narrowed its deficit to MYR272 million in the first half but carried 22% fewer passengers than a year ago. The Filipino operation performed dreadfully, with losses widening 42% to MYR117 million even after cutting flights in this market. The one bright spot was Thai AirAsia, which was MYR143 million in the black. But Thailand’s tourism industry is struggling after a bombing that killed 17 in Bangkok in August.

The company’s overseas joint ventures, a structure required due to foreign ownership laws in these countries, have placed AirAsia in the crosshairs of short-sellers. Hong Kong-based researcher GMT alleged in June that AirAsia needed USD1.9 billion to pay down debt and the group was “milking” lease and maintenance deals with associates to beef up its own cash flow. “AirAsia makes more money selling stuff to its distressed associates than flying people,” reckons Gillem Tulloch, GMT founder.

The airline denies these claims and has cried foul to Malaysia’s Securities Commission. It insists the Indonesia and Philippine operations will turn a profit this year. It’s also planning to recapitalize them and wants the associates to IPO within two years.

Tan Kee Hoong, an analyst at DBS Vickers Securities, who has a Hold rating on the stock, tells Barron’s Asia the performance of Indonesia AirAsia is the biggest headwind facing the carrier. With a population of 250 million and a burgeoning middle class Indonesia is the new golden goose of Southeast Asian aviation, but AirAsia has struggled there. The airline’s presence in the country is small at 10% of market share, compared to domestic operators Lion Air’s 40% share and Garuda Indonesia’s (GIAA.ID) 20% share, data from CAPA shows.

The tragic loss of QZ8501 in December not only ended the airline’s unblemished safety record but also jolted dozing regulators. In 2015, Indonesia hastily brought in mandatory fare hikes for budget carriers in an illogical attempt to improve safety before scrapping them within months. It’s also threatened to ground Indonesia AirAsia and 12 other airlines if they don’t address the negative equity on their balance sheets. How serious this proposal is isn’t clear. AirAsiaX Berhad (AAX.MY), the airline’s separately-listed long-haul spin-off, also faces threats from Indonesia’s regulators who are seeking to enforce rules that require airlines to operate at least 10 aircraft, including five that are owned. This means the company may have to expand its fleet to comply. To put it mildly, the policy environment doesn’t look sympathetic. Additionally, the weakness of Indonesia’s rupiah isn’t helping either.

But AirAsia’s foreign exchange problems run much deeper. Export-dependent Malaysia’s currency, the ringgit, has plummeted by as much as 25% versus the greenback so far this year, plumbing a 17-year low on lower oil prices and concerns about China’s economy. Almost 60% of AirAsia’s operating costs – such as jet fuel - and 85% of borrowings are denominated in US dollars. As the ringgit weakens and dollar strengthens, this means AirAsia’s debt gets more expensive. DBS Vickers’ Tan says foreign exchange losses for fiscal 2015 will be at least MYR700 million.

The fall in oil prices isn’t giving AirAsia much reprieve either. About 50% of the airline’s jet fuel bill, which make up about half of operating costs, is hedged. This means the company is paying about USD85 a barrel for fuel, compared to the current Singapore jet kerosene spot price of about USD60 a barrel.

AirAsia says its fuel hedges will have unwound by the 2016 financial year, but cheaper fuel doesn’t always translate to a bigger bottom line. Passengers generally aren’t stupid: they know oil prices are way down and expect some of these savings to be passed on in lower fares.

In its own backyard, AirAsia is also looking over its shoulder at the competition. Malindo Air, a new-ish Lion subsidiary, is expanding its network and adding capacity out of Kuala Lumpur. Beleaguered Malaysia Airlines, which is now back in private hands, is slashing prices to lure back flyers. However, its restructuring will see it cut capacity and scale back its network, which could be to AirAsia’s advantage.

AirAsia looks cheap but looks can be deceiving. The stock trades at just six times forward earnings and less than book value. The beaten up book value second means the value of the metal in AirAsia’s planes is higher than the company’s market cap minus its debt based on recent prices says Maybank analyst Mohshin Aziz. That’s remarkable. However, Aziz, who has a Buy rating on the stock, admits such a steep discount suggests “a visible trust deficit between the investors and the company.” In other words, proceed with caution.

http://www.barrons.com/articles/aira...age-1447118149
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Old November 20th, 2015, 04:00 PM   #6
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AirAsia launches all-new mobile app

KUALA LUMPUR: AirAsia has launched its all-new mobile application offering innovative new features, smoother functionality and an improved interface to provide guests with an enhanced and seamless flying experience.

In a statement on Thursday, AirAsia said its mobile app has been nominated as the "World's Leading Low-Cost Airline App" at the upcoming World Travel Awards.

AirAsia group chief commercial officer Siegtraund Teh said the carrier constantly invests in technology and innovation to make flying easier and more enjoyable for guests.

"There have been over nine million downloads of the AirAsia mobile app on both iOS and Android platforms, and we hope that more people will discover the convenience of our new and improved mobile app," he said.

The new app's features include "Add to Calendar", which automatically links upcoming flights to the calendar; faster and simpler flight booking process; and improved mobile check-in and Manage My Booking experience where guests can easily include various add-ons to their flight bookings.

The enhanced version can be downloaded from the respective app stores of both iOS and Android devices, and is available in 11 languages - English, Bahasa Malaysia, Bahasa Indonesia, traditional Chinese (Taiwan and Hong Kong), simplified Chinese (China), Thai, Korean, Japanese, Vietnamese and Arabic. - Bernama

http://www.thestar.com.my/Business/Business-News/2015/11/19/AirAsia-launches-allnew-mobile-app/?style=biz
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Old November 21st, 2015, 04:46 AM   #7
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Winning ‘Masterchef’ dish added to AirAsia’s in-flight menu

SEPANG: AirAsia has introduced a new “exclusive”, and it’s not a flight to a new destination. It’s a winning dish – Stuffed Paratha with Dhal and Tomato Chutney, by MasterChef Asia contestant Priya Barve of India.

Priya had presented her winning recipe during the special AirAsia challenge of the cooking show in which contestants were asked to prepare their favourite meals from their travels.

The savoury Stuffed Paratha with Dhal and Tomato Chutney is now available for on-board purchase for only RM15 on select AirAsia (AK), AirAsia X (D7), Thai AirAsia (FD), Indonesia AirAsia (QZ), AirAsia Philippines (PQ), and AirAsia India (I5) flights.

AirAsia Group head of Inflight Ancillary Ramani Balan said: “We are thrilled to have a winning dish from the AirAsia Challenge on the TV series MasterChef Asia in our selection of hot meals.

“Flying is no longer just about getting from one point to another; it is an experience in itself and we hope this introduction makes our guests’ experience that much more special,” he said in a statement yesterday.

Ramani said AirAsia launched a brand new in-flight menu “Santan”, which was in line with its move towards being a high-value carrier and providing its guests with an enhanced gourmet experience.

The introduction of Stuffed Paratha with Dhal and Tomato Chutney inspired by MasterChef Asia, said Ramani, was a testament to that commitment.

Keep updated with AirAsia’s latest promotions and activities via Twitter (twitter.com/AirAsia) and Facebook (facebook.com/AirAsia).

MasterChef Asia airs on Lifetime Asia every Thursday at 9pm and 11pm on Astro Channel 709 and Astro On-the-Go.

http://www.thestar.com.my/News/Natio...inflight-menu/
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Old November 30th, 2015, 03:51 PM   #8
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Philippines Air Asia set to fly to Japan next year

Philippines Air Asia plans to expand its operation to Japan by late next year, its top executive said over the weekend.

“We are able to get new entitlements to Japan. Maybe by late next year we will fly to Japan because in the first half I will be focused on the China routes,” Philippines AirAsia chief executive Joy Cañeba said.

Philippines Air Asia operates a fleet of 12 aircraft serving domestic destinations such as Kalibo (Boracay), Puerto Princesa (Palawan), Tagbilaran (Bohol), Cebu, Davao and Tacloban. They also fly to China and Korea.

Cañeba added stockholders approved an increase in the authorized capital stock to up to P5 billion from P2 billion.

“We already have discussion, so I think first quarter of next year we will have it in place. It will be in tranches, I don’t see all the additional increase will come in one tranche but it will be sufficient to cover the growth expansion next year,” Cañeba said.

She said the existing shareholders were willing to infuse fresh capital into the company.

Malaysia’s Air Asia, through AA International, owns 40 percent of Philippines’ Air Asia Inc., while Filipinos Marriane Hontiveros, Michael Romero, Antonio Cojuangco and Alfredo Yao hold the balance of 60 percent.

Cañeba said the company planned to lease five A320 aircraft from Malaysia’s AirAsia Berhad, which will be deployed in China and South Korea.

“If you look at the yield, they [Chinese and Koreans] have the purchasing power to actually pay for a travel going to the Philippines. Our China and Korea markets are doing very well,” said Cañeba.

She added the company’s planned initial public offering would be moved to the first quarter of 2018 from the original target of 2017.

“The IPO will definitely happen,” Caneba said, adding the company planned to raise $200 million from the share offering.

The Philippine unit of Malaysia’s AirAsia secured the approval of the Securities and Exchange Commission to acquire 100 percent of Zest Airways Inc.

“I’m hoping before the year ends, the transfer would be completed. It’s a matter of legal work,” Cañeba said.

The Senate committee on public services in December last year approved the sale of Zest Airways to Philippines AirAsia. The House committee on franchise also gave its consent in February last year.

Philippines Air Asia incurred a net loss of P777 million in the April-to-June period, down 40 percent from P1.3 billion year-on-year.

Revenue during the period rose 6 percent to P2.3 billion from last year’s P2.2 billion.

The airline attributed the higher revenue to a 6-percent increase in passenger traffic to 976,381 this year from 924,155 passengers last year.

Load factor expanded to 80 percent from 77 percent over the same period.

Philippines AirAsia aims to turn in a profit in the fourth quarter of this year and expects a full-year net profit in 2016

http://thestandard.com.ph/business/1...next-year.html
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Old December 2nd, 2015, 10:11 AM   #9
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AirAsia Berhad posts $36 million 3Q net profit

AirAsia Berhad posts $36 million 3Q net profit
Mark Nensel

Malaysian low-cost carrier parent group AirAsia Berhad reported a net profit of MYR160.4 million ($35.9 million) for the 2015 third quarter. The company posted revenues of MYR2.8 billion and an operating profit of MYR332 million.

AirAsia Berhad’s operating segments include associate/affiliate carriers Malaysia AirAsia, Thai AirAsia, Indonesia AirAsia, AirAsia Philippines and AirAsia India. In spring 2016, the group’s reconfigured subsidiary AirAsia Japan will launch service from Nagoya’s Chubu Centrair International Airport.

“We are witnessing the positive effect of rational pricing and its impact towards passenger travel patterns,” AirAsia Berhad CEO Tony Fernandes said in his quarterly outlook statement. “In Malaysia, all signs report toward rational and sustainable growth in the coming quarters as other players have significantly reduced capacity and rationalized their routes while the irrational price war that took place in the past is over.”

Citing increased demand by Chinese travelers since May 2015, a 21% year-over-year (YOY) surge, as well as low fuel prices, “we see a great end to the year and a light at the end of the tunnel for [our] Malaysian operations after a series of headwinds that affected our operations,” Fernandes said.

The consolidated AirAsia Berhad group showed passenger growth of 20% YOY to 12.88 million passengers during the quarter. Traffic demand increased 22.4% YOY to 15.19 billion RPKs, as capacity grew 18.1% YOY to 18.86 billion ASKs. The group’s load factor for the quarter came to 80.5%, up 2.8 points YOY.

Malaysia AirAsia posted a 2015 third-quarter net result of MYR166.1 million ($37.1 million), up 61.4% YOY from MYR102.9 million in 3Q 2014. Traffic on Malaysia AirAsia was up 19% YOY to 7.77 billion RPKs as capacity increased 12% YOY to 9.57 billion ASKs. The airline’s resulting passenger load factor for the quarter was 81.2%.

Thai AirAsia reported a swing to profitability, with a 2015 third-quarter net result of THB437.1 million ($12 million), marking a YOY increase of THB882 million. Traffic on Thai AirAsia grew 23% YOY to 3.65 billion RPKs as capacity increased 25% YOY to 4.45 billion ASKs. The airline's resulting passenger load factor for the quarter came in at 82.1%.

Indonesia AirAsia had a 2015 third-quarter net loss of IDR88.61 billion ($6 million), falling from an IDR26.72 billion net profit in 3Q 2014. Traffic on the carrier grew 4.4% YOY to 2.3 billion RPKs; capacity increased 9.4% YOY to 3 billion ASKs, resulting in a passenger load factor of 76.2%.

AirAsia Philippines reduced its third-quarter net loss YOY to PHP934.5 million ($19.9 million), an improvement over 3Q 2014 by PHP491.3 million. The airline’s traffic increased 37.1% YOY to 950 million RPKs as capacity grew 4.8% YOY to 1.2 billion ASKs; passenger load factor came to 82.3% for the quarter.

AirAsia India deepened its third-quarter net losses to INR652.5 million ($9.8 million), compared to its 3Q 2014 loss of INR 529.7 million. Traffic on the start-up airline was at 502 million RPKs for the quarter, capacity was at 663 million ASKs and its passenger load factor came in at 75.7%.

http://atwonline.com/finance-data/ai...-3q-net-profit
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Old December 3rd, 2015, 05:09 AM   #10
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AirAsia pushes new regional schedules, secondary hub growth

Malaysia-based low cost carrier AirAsia Berhad plans to launch its latest direct flight between tier-two Chinese city Guangzhou and Langkawi, Malaysia at the end of January 2016.

The choice of tourist destination Langkawi for the group's latest international route underlines the company's strategy to develop services on less heavily serviced routes. The schedule will see 4X-weekly Airbus A320 departures.

AirAsia CEO Aireen Omar said the airline is focused on expanding its connectivity into China, especially second-tier cities such as the recently launched Changsha-Kuala Lumpur service.

This secondary city approach is echoed by the AirAsia Group’s introduction of flights from Changsha-Bangkok operated by Thai AirAsia; a Krabi (Malaysia)-Guangzhou (China) service by AirAsia; and a Wuhan (China)-Kota Kinabalu (Malaysia) service, also by AirAsia.

Additionally, the Thai subsidiary has introduced new international schedules from its newest regional hub at Thailand’s U-Tapao International Airport to Macau, Singapore, and is reportedly looking at new routes to India.

“We will continue to add more aircraft orders as we go further because we are not only growing in Malaysia, but also in Thailand, Indonesia, the Philippines, India and hopefully in Japan,” Omar said.

AirAsia is scheduled to take delivery of its first Airbus A320neo aircraft from the 2016 second half, which Omar said will be used to expand existing regional business as well as act as fleet replacements.

http://atwonline.com/airports-routes/airasia-pushes-new-regional-schedules-secondary-hub-growth
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Old January 3rd, 2016, 05:11 AM   #11
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Philippines Airasia launches restaurant in the sky

Philippines Airasia launches restaurant in the sky
Read more at http://www.mb.com.ph/philippines-air...IoB2IzwVWOw.99

Brand new in-flight meal features gourmet Filipino dishes and ASEAN-inspired creations

Craving for sisig from 35,000 feet above? AirAsia guests flying to, from, and within the Philippines are in for a wonderful treat as Philippines AirAsia today officially started serving hot meals from its newest in-flight menu concept themed “Santan” which replaces AirAsia Café as part of the airline’s latest offerings to enhance customer experience while flying.

image: http://www.mb.com.ph/wp-content/uplo...33-162x300.jpg

33Fresh new items include bangus sisig, a Filipino dish made of chunks of boneless milkfish sautéed in onions seasoned with salt, pepper, and spices. Buffalo chicken strips and barbeque cola beef are tasty versions of grilled meat with smoky sauce paired with tomato rice or roasted potatoes. Those who are watching their calories, meanwhile, must try the new vegetarian chickpea curry or the classic Maan’s pasta Arabiata. New dishes are available for onboard and prebook purchase in all Philippines AirAsia flights to/from Manila, Kalibo/Boracay, Palawan, Bohol, Cebu, Davao, Malaysia, Hong Kong, Macau, and South Korea.

Other delectable dishes also pay tribute to ASEAN flavors such as nasi lemak, chicken rice, beef kaldereta and adobo hence the menu is titled: Santan, an essential ingredient in Malay cooking which refers to the liquid obtained from pressing shredded coconut meat. Santan is thick, creamy, and often used as a substitute for butter, cream, or soup stock in Asean cooking.

Apart from the new hot meals, guests will be able to choose from a variety of sweets with choices such as lemon torte, banoffee cake, sinful chocolate cake, and chocolate chip cookies for as low as R80 for on-board purchase and at discounted price for prebooked.

All AirAsia guests are encouraged to prebook their meals to save up to 20 percent as compared to purchasing their meals on board, with a guarantee that their preferred meals are available during their flights. Guests who have booked their flights without meals, meanwhile, can easily add them in via the “Manage My Booking” option after logging in to www.airasia.com.

Philippines AirAsia Commercial head Gerard Peñaflor said, “We value customer experience at all points of the journey—from the purchase of the ticket to leaving the airport, on board, and onto the destination. This latest enhancement in our in-flight menu makes flying with us also a delightful dining experience.”

Keep updated with AirAsia’s latest promotions and activities via Twitter (twitter.com/AirAsiaPh) and Facebook (facebook.com/AirAsiaPhilippines).
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Old February 6th, 2016, 03:38 PM   #12
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Now, we have a support team: AirAsia X CEO on re-entry

Benyamin Ismail explains what madethe low-cost carrier come back to India

NEW DELHI, FEBRUARY 5:
AirAsia X, the long-haul, low-cost affiliate carrier of the AirAsia group, re-entered the Indian market with the first of its four-times-a-week flights landing in Delhi on Tuesday night. Soon after, Benyamin Ismail, its Chief Executive, met BusinessLine. Edited excerpts from the meeting:

Could you spell out the road map for AirAsia X’s expansion into the Indian market?
The first stage is to come back where we left off, which is Delhi. The reason we chose Delhi is we took the opportunity of grabbing the extra bilateral that was available… We applied, we got it and we are flying four times a week.

I guess the next is to try and get bilaterals into Mumbai, a route which we have operated on in the past. If we can get that, then it will be massive for us. We will continue to fire fight to get the bilaterals.

At the moment, let us just focus on making Delhi work.

The first flight to Delhi was a success. The (passenger) load factor was 92 per cent. Looking at the next two months, the loads look good.

Any timeframe for more flights? Have you approached the authorities?
No. The regulatory guys are constantly asking for it. The difficult part of the bilaterals is we are utilising all our entitlements under it, while the Indian side is not utilising any (of its entitlements). So, the justification to give us more is hard when there is no Indian airline operating into Malaysia.

One of the reasons for AirAsia X withdrawing from Delhi was the high airport charges here. Have the charges been off-set by the global decline in fuel prices?
Yes and no. Fuel has helped us in terms of costs. Of course, when you look at that, your breakeven in terms of routes comes down, which is a positive thing.

The difference from the past is that we have a team here that on the ground supports us in terms of distribution.

We have the AirAsia India team which has been set up here. We also have a ready team which focuses on southern Indian routes into Malaysia. For example Bengaluru, Trichy, Kochi, which already fly into Kuala Lumpur.

We have the infrastructure. Sales support is there. That is why I was confident to come back.

What is the tie-up with AirAsia India?
We are just about finalising the interlining. Basically, you can connect on a domestic flight and then connect on to us. For example, if you are flying from Pune to Delhi, without exiting the airport you can fly directly into Kuala Lumpur. That is something which we are working on.

Eventually, a passenger from South India will be able to fly to Delhi and then?
Only some of the south Indian passengers, because many passengers from the south fly directly to Kuala Lumpur.

So, it is only the mid-Indian population, for example Pune, Guwahati and Vizag, which will connect to Delhi.

They can always fly to Bengaluru and connect to Kuala Lumpur. It is up to them.

But we have larger aircraft, so it might be a bit more comfortable to fly us.

Does the launch of the AirAsia X flight to Delhi help AirAsia Berhad and AirAsia India expand its footprint in the India market?
Yes.

How much do you see the Indian market contributing as a result of the tie-up between AirAsia India and AirAsia X?
It will not be much because there are not many flights flying into Delhi.

The big contribution is Indian nationals who want to fly out. We are the only low-cost option out of Delhi with a network. All other airlines, like, say, Malaysian Airlines or Malindo have minimal networks within ASEAN, north Asia, among others.

We have a network connecting into Australia, New Zealand and North Asia.

(This article was published on February 5, 2016)

http://www.thehindubusinessline.com/...cle8199228.ece
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Old February 6th, 2016, 03:46 PM   #13
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Relaunching AirAsia Japan Aims for Profit by 2018

Budget carrier, set to take off fresh next spring, will seek to add international destinations quickly, CEO says

By MEGUMI FUJIKAWA
Oct. 29, 2015 5:14 a.m. ET

TOKYO— AirAsia Japan Co. is set to fly again next spring, and it is looking to make a profit within two years by leveraging its group’s network in China and striking deals with its new investing partners.

AirAsia Japan this month received approval from Japan’s transport ministry to operate flights in Japan. It plans to link its base, Central Japan International Airport near Nagoya, with the northern Japanese cities of Sapporo and Sendai, as well as Taipei.

The low-cost carrier is making its second approach at the Japanese market, which is dominated by full-service carriers All Nippon Airways Co. and Japan Airlines Co. An earlier AirAsia joint venture with ANA fell apart in 2013 due partly to differences in management styles.

Japanese budget carriers have struggled. Skymark Airlines Inc., the country’s third-largest airline, filed for bankruptcy protection in January, while Vanilla Air—as ANA’s parent ANA Holdings Inc.rebranded the AirAsia joint venture after it took control—only recently swung to profit, notching its first in the quarter ended Sept. 30.

AirAsia Japan Chief Executive Yoshinori Odagiri, who also served as CEO of the previous AirAsia Japan venture, said he is eager to expand by adding routes that can feed passengers to other AirAsia group carriers, which number 10 in six countries, focused especially on Southeast Asia.

“We are in a somewhat different position from other AirAsia members because, in Japan, full-service carriers have strong presence and there are solid ground transportation such as trains, highways and buses,” he said. “By offering low-cost flights, we want to change the existing framework.”

Mr. Odagiri said international service is expected to make up slightly over half of its operations in the future, with China a strong candidate, followed by South Korea, Hong Kong, Taiwan, Macau, Guam and Saipan, among others. Among these, AirAsia Japan’s first venture flew only to South Korea and Taiwan.

“China is a place I always have in mind,” Mr. Odagiri said in an interview, especially since AirAsia has a strong network there, covering Chinese 14 cities as of July.

Mr. Odagiri also expects the airline can benefit from Chinese tourist traffic to Japan, despite concerns that China’s economic slowdown may reduce the flow.

“The wealthy class may be suffering from the bubble burst, but the middle class, which is our target, keeps coming to Japan,” he said. “Given the country’s large population, it is unlikely that travel demand disappears in the near term.” The number of Chinese visitors to Japan in the first nine months of 2015 was more than double that of a year earlier, according to the Japan National Tourism Organization.

Japan’s low-cost carriers have been hesitant to take on the China market, said Will Horton, a senior analyst at CAPA-Centre for Aviation, but AirAsia’s strong presence at Chinese airports and relationship with travel agents in China would ease AirAsia Japan’s entry and reduce its costs. And given that it already has a number of competitors on Nagoya-bound domestic flights, he added, pursuing international opportunities would make business sense.

Mr. Odagiri said AirAsia Japan and its new investing partners—including Japanese online retail giant Rakuten Inc., sporting-goods chain Alpen Co. and cosmetics-and-pharmaceuticals company Noevir Holdings Co.—are also discussing possible service tie-ups, for example, offering passengers samples of products sold by the retailers.

Mr. Odagiri also cited collaboration possibilities with Alpen’s ski and golf resorts, since one of the carrier’s first destinations is Sapporo, capital of Hokkaido—a popular destination for outdoor activities.

By 2018, the airline expects to become profitable by increasing daily flights to around 90 with about 15 aircraft, he said.

He added that the airline plans to own 20 planes in about five years and wants to have its second hub in one of the metropolitan airports, ideally Tokyo’s Haneda airport, where it can operate around the clock.

http://www.wsj.com/articles/relaunch...018-1446110082
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Old February 7th, 2016, 08:27 AM   #14
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AirAsia India A320
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Old February 9th, 2016, 04:53 PM   #15
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After 8-year wait, Thai AirAsia gets coveted route

BANGKOK -- It took a lot of patience, but Thai AirAsia is ready to launch its first flight to Laos.

Thailand's largest low-cost carrier on March 24 will begin daily round-trip flights between Luang Prabang and Bangkok's Don Mueang Airport.

Fares for those traveling through Feb. 5, 2017, will start from 990 baht (a little more than $27). The regular fare, which will kick in thereafter, will be around 1,000 baht to 2,000 baht, roughly half what full-service airlines currently charge along the same route, CEO Tassapon Bijleveld said.

"We have been waiting for so long," Tassapon said at a press conference in Bangkok on Tuesday.

The Laotian government had been reluctant to open up routes, partly to protect national flag carrier Lao Airlines and other carriers. Tassapon said Thai AirAsia was granted the license, eight years after applying, several months ago.

Thai AirAsia will be the first budget airline to fly to the ancient city. Its sister airline, Malaysia's AirAsia, serves Vientiane from Kuala Lumpur, and Thai AirAsia appears set to start service to the Laotian capital within this year, Tassapon said, hinting that the airline has already obtained a license.

He said the start of the ASEAN Economic Community in December could be a reason why Laos decided to unlock its aviation market. Other airlines are expected to start entering the market, too, he said.

Thai AirAsia is expecting a cabin factor of more than 80% on the Luang Prabang-Bangkok route. Thai Airways and Bangkok Airways already serve the route.

According to CIMB Thai Bank, some 4 million tourists visit Laos annually. The number compares to the country's population of roughly 7 million. Of the 4 million, half arrive from Bangkok, and 1 million of them are Thai nationals.

"In a poor country like Laos," said Amonthep Chawla, who heads the research department of CIMB Thai Bank, "stimulating income distribution through tourism is the key to growth."
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Old February 14th, 2016, 03:03 PM   #16
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Mittu Chandilya not quitting AirAsia India: Fernandes

AirAsia India CEO Mittu Chandilya is not quitting the airline, AirAsia Group chief Tony Fernandes said on Sunday as he announced that the 2-year old Indian carrier would “shortly” add two aircraft as part of its fleet expansion plans.

“I read about Mittu calling it quits from you guys. I absolutely deny it. There is no substance to the rumours,” the Malaysian airline group chief told reporters at the Make in India week here.

Unconfirmed reports had a few days ago said that Mr. Chandilya has put in his papers.

To questions on the loss-making airline’s much-delayed fleet expansion plan, Mr. Fernandes said two more planes would be inducted “shortly and a dozen later” but did not put a time line to these deliveries.

AirAsia India, which currently has six Airbus A320-200 planes, is a joint venture in which Malaysia’s AirAsia Bhd holds 49 per cent, Tata Sons Ltd 41 per cent and Arun Bhatia of Telestra Tradeplace Pvt. Ltd the rest.

On the issue of 5/20 rule to enable an Indian carrier fly abroad, Mr. Fernandes said “all I am looking for is the ease of doing business. I hope basically your aviation sector is made easy”. The rule allows only those Indian airlines which have a 20 aircraft fleet and have operated on the domestic sector for five years to fly abroad.

Besides 5/20 rule, he said “your airports are very costly and your fuel taxes are one of the highest. Please make businees easier to do.”

He replied in the affirmative to questions on further capital infusion in AirAsia India but did not elaborate.

AirAsia India and Tata-Singapore Airlines venture Vistara are the prime opponents of the 5/20 rule, which is being supported by almost all major Indian carriers.

Regarding reported disagreements between the partners of AirAsia India, Mr. Fernandes said the Tatas were “a fantastic partner” but parried questions on some objections allegedly raised by the third partner, businessman Arun Bhatia, in a board room battle which had reportedly erupted recently.

On whether the Group had “underestimated” the Indian aviation market, Mr. Fernandes said “never. But we are taking time to understand it better. ... And aviation is a long-term business and we are here to for the long—term as well.”

http://www.thehindu.com/business/Ind...cle8237280.ece
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Old February 22nd, 2016, 08:45 AM   #17
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AirAsia Japan launch delayed but eyes US flights by 2020

AirAsia Japan (DJ, Nagoya Chubu) chairman Takashi Ide says the start-up will now likely only launch operations during summer of this year having originally aimed for spring time.

According to the ZipanguFlyer blog, the delay was caused by a number of factors including a last-minute change in management which saw Ide replacing former chairman Yoshinori Odagiri among other appointments.

However, with JPY3 billion (USD26.31 million) in fresh capital, the LCC now looks set to launch revenue operations in either July or August.

Initially, the AirAsia (AK, Kuala Lumpur Int'l) unit will largely focus on Japan's domestic market employing a pair of two A320-200 (sl)s to connect Nagoya Chubu to Sapporo Chitose, Sendai, and Taipei Taoyuan with double-daily rotations.

Thereafter, in 2017, a further four aircraft will arrive allowing for the launch of added regional flights with Beijing Capital, Tianjin, Guam Int'l, Hong Kong Chek Lap Kok, Macau Int'l, Seoul Incheon, Shanghai Pudong, and Wuxi touted as possible destinations. First profit is forecasted for FY2017.

In 2018, AirAsia Japan will add three A320s for a total of nine, plus two A330s. The new Airbus Industrie (AIB, Toulouse Blagnac) wide-body aircraft will be used to open up Nagoya Chubu-Singapore Changi, while the additional A320s will be based at a new hub at Tokyo Narita and fly to Beijing or Tianjin, Hong Kong or Macau, Sapporo, Taipei, and Shanghai or Wuxi.

During 2019, the fleet will be increased to a dozen A320s and four A330s; the A320s will be based at their third hub at Taipei Taoyuan and start Vietnam and Singapore using fifth freedom rights, while additional A330s will be used to launch Honolulu from both Nagoya and Tokyo's Narita airport.

By the end of 2020, the LCC's fleet will include fourteen A320s and six A330s. The additional A330s will be used to open up its first trans-Pacific routes to Seattle Tacoma Int'l, though Ide noted it could be changed to San Francisco, CA depending on which US partner it interlines with. The added A320s will also open up more routes including Taipei and Narita with Seoul. The LCC also plans to conduct its Initial Public Offering (IPO) during FY2020.

http://www.ch-aviation.com/portal/ne...lights-by-2020
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Old November 24th, 2016, 12:13 PM   #18
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AirAsia India reported a 42% increase, in the number of passengers it carried, to 5.89 lakh in the September ended quarter.

Budget carrier AirAsia India (AAI) flew 5.89 lakh passengers in three months ended September, 2016, a 42% increase from the number of passengers who flew in the airline in the year-ago period.

The airline during the quarter added three new destinations in its route network while capacity (number of total seats flown) increased by 23 % to 6.72 lakh, AirAsia said in a statement on Monday. The number of passengers carried (by AirAsia India) increased 42 % YoY to 0.59 million (5.89 lakh), while the capacity increased by 23 % in July-September quarter of the current year, AirAsia said. In AAI, while Tata Sons and Malaysian no-frills airline AirAsia Berhad each holds 49 % stake, two of the airline's directors, S Ramadorai and R Venkataramanan, hold 2 % stake. Three new routes --Bengaluru-Guwahati, Bengaluru-Hyderabad and Hyderabad-Goa were added in the flight network during the quarter while frequencies were scaled up on the Bengaluru-Goa route.

The airline also increased its seat factor by 12 % to 88 % from 76 % recorded in the quarter ended September 2015, it said. As on September 30, AirAsia India had eight Airbus A32O aircraft in its fleet against five in Q3 2015, it added. Significantly ousted Tata group chairman Cyrus Mistry, in a letter written a day after his abrupt removal had raised "ethical concerns" in Tata group's jv with AirAsia and alleged that forensic investigation revealed fraudulent transactions of Rs 22 crore involving non-existent entities in India and Singapore. "Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation. "A recent forensic investigation revealed fraudulent transactions of Rs 22 crore involving non-existent parties in India and Singapore," Mistry said in the letter. The Government has already said that "all issues (regarding AirAsia India) would be looked into and law of the land will have to be followed in case of any violation."

http://www.dnaindia.com/money/report...-in-q2-2269011
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Old November 24th, 2016, 12:15 PM   #19
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AirAsia India Investigating Former Staff for Financial Irregularities

New Delhi: AirAsia India is investigating certain former employees over irregular personal expense claims, the aviation joint venture of Tata Sons and Malaysian airline AirAsia Bhd said in a statement on Monday.
The announcement follows a letter sent last week by the ousted chairman of Tata Sons, which owns 49 percent of AirAsia India, in which Cyrus Mistry said board members were aware of "ethical concerns" with respect to certain transactions.
He said a forensic investigation had found "fraudulent transactions" of 220 million rupees ($3.29 million) involving "non-existent parties".
That letter prepared the ground for a "probe into the allegation of mismanagement of funds," said an official at the India's financial crime fighting agency Enforcement Directorate.
AirAsia India said that together with parent AirAsia and Tata Sons, it would investigate allegations of impropriety and misappropriation.

"The three entities do not approve of any unethical practices and will take very stern action against the perpetrators at all levels of the organisation," the company said.

http://www.news18.com/news/business/...s-1306945.html
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Old November 24th, 2016, 12:17 PM   #20
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WeChat

WeChat Booking & Payment Notes:
Available for FD flights only
Payments accepted must be in CNY (China RMB) only
Must not exceed CNY20,000 per payment.
Not applicable for infant bookings.
Booking must be made at least 24 hours prior to the scheduled departure date.
Unsuccessful payments will lead to cancellation of booking.
A booking fee of CNY12 per PNR is applicable.
How to book flights via WeChat
Go to the AirAsia account on WeChat
Select your preferred flight dates and destinations
Include details of passengers
Tap ‘Confirm Booking’ to proceed to the payment page
How to make payments via WeChat Wallet:
Book your flights as usual and proceed to the payment page
Select the “WeChat QR Code Scanning Payment” option
Use the scan option on WeChat Wallet to scan the QR code*
Complete the payment!

http://www.airasia.com/cn/en/wechat....id=iae644hpsba
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