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Old June 6th, 2012, 04:01 AM   #2401
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Air Asia receives its 100th A320 from Airbus with a special flair

http://www.airbus.com/newsevents/new...special-flair/

Air Asia marked another milestone on the way to becoming the largest A320 operator worldwide by accepting its 100th aircraft today, celebrating this event with a special touch that underscores the close relationship established between this low-cost carrier and Airbus.

The carrier’s latest fleet addition carries the wording: “Thank you Louis Gallois” on its main passenger door, saluting the former Airbus CEO – who will complete his current role as the CEO of parent company EADS next week.

During a ceremony at Airbus’ Toulouse, France delivery centre, the A320 was unveiled in the presence of Gallois, who was welcomed by Air Asia Group CEO Tony Fernandes, and joined by Airbus President and CEO Thomas Enders, along with John Leahy, Airbus’ Chief Operating Officer – Customers. Attending the event were members of the international press, who gathered in Toulouse for Airbus’ annual Innovation Days event.

“Air Asia could not have reached this point in our amazing story without the tremendous support we’ve received from Airbus, going back to the start of our relationship in 2004,” Fernandes told the journalists. “No airline could have grown like ours without the support of such a great partner as Airbus, who has seen us through both the good and bad times.”

Air Asia has gone from its origins as a two-aircraft airline carrying 200,000 passengers annually a decade ago to becoming the ASEAN (Association of Southeast Asian Nations) region’s leading low-cost carrier, with the goal of transporting 33 million passengers in 2012.

“Gallois has played an enormous role in helping us achieve this growth, and naming the 100th aircraft after him is one way to thank this friend of our airline for his warmth, friendship, patience, and especially his belief – which is a key element at Airbus,” he added. “What Airbus did was believe two guys from the music industry who had a dream about making it easier to fly, and they have stayed with that belief in helping us deliver on that ambition and transforming travel in Asia forever.”

The airline currently has 375 A320s on order, including Airbus’ A320neo (new engine option) version. Fernandes said Air Asia’s innovative route structure includes 50 percent of routes that were not previously operated by other carriers, with many of these segments using the A320’s operational flexibility – including opening access to many airports.

“The A320 delivers fantastic reliability, and we work these aircraft very hard: flying them almost 14 hours a day – conducting eight landings and takeoffs, performing turnarounds in 25 minutes,” he added.
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Old June 8th, 2012, 03:39 PM   #2402
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AirAsia Group

Quote:
Originally Posted by sc4 View Post
There is already an existing thread
AirAsia Group is different from Malaysian Aviation Thread etc. AK - AirAsia and D7-AirAsiaX are Malaysian. However FD is Thai AirAsia, QZ is AirAsia Indonesia, PQ is AirAsia Philippines and JW is AirAsia Japan. AirAsia Group is multinational, perhaps one of the few in the world.
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Old June 8th, 2012, 03:44 PM   #2403
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AirAsia Japan takes delivery of 1st A320

http://www.thesundaily.my/news/402122

PETALING JAYA (June 8, 2012): AirAsia Japan Co Ltd, a low-cost joint venture between AirAsia Bhd and All Nippon Airways, has taken delivery of its first Airbus A320 in Toulouse, France.

The carrier will start commercial services on Aug 1 from Narita International Airport in Tokyo to Sapporo and Fukuoka, and from Aug 3 to Okinawa with an initial fleet of two aircraft.

AirAsia Japan will start international operations to Seoul and Busan in South Korea in October, with a fleet growing to four aircraft by the end of 2012.

The A320s are configured in an all economy-class layout of 180 seats. Each aircraft is powered by CFM56 engines.

"We are extremely happy to take delivery of our brand new A320. Our aim is to provide opportunities for everyone to fly with low fares. With the A320's cabin comfort and operational reliability, we want to offer better access, in particular for the Japanese travelling public, and make them feel easy to fly," said AirAsia Japan president Kazuyuki Iwakata in a statement released here today.

Airbus COO of customers, John Leahy, said the A320 offers the quickest turn-around time of any single-aisle aircraft in its category, which is crucial for low-cost carriers.

Over 8,400 Airbus A320 Family aircraft have been sold to over 360 customers and operators worldwide, making it the world's best-selling commercial jetliner ever.
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Old June 8th, 2012, 03:47 PM   #2404
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AirAsia Philippines marks first int'l flight

http://www.abs-cbnnews.com/business/...st-intl-flight

MANILA, Philippines - Philippines' AirAsia will launch its first international flight from Clark International Airport to Kuala Lumpur, Malaysia tomorrow (June 9).

Flight PQ 7455, operated by an all-Filipino crew, is scheduled to leave Clark at 3:15 p.m. and arrive in Kuala Lumpur’s Low Cost Carrier Terminal (LCCT) at 7:00 p.m.

This flight will complement Malaysia's AirAsia's Kuala Lumpur-Clark route, which it has been operating since 2005.

AirAsia Inc. CEO Maan Hontiveros said the additional flights would bring more tourists to the Philippines.

"The additional frequency to Kuala Lumpur enables our guests especially Filipinos to have access to Malaysia’s awesome tourist destinations but more important, we want to draw tourists from Malaysia to our amazing beaches and natural wonders in Puerto Princesa, Kalibo, Davao and here in Central Luzon. If we are able to draw even a fraction from Malaysia’s 24.5 million tourists, this will impact on our tourist arrival record for 2012," she said.

Based on 2011 ASEAN Community figures, tourist arrivals in ASEAN alone reached almost 74 million last year. Malaysia received the biggest share with 24.5 million, followed by Thailand with 15.9 million, Singapore with 11.6 million, Indonesia with 7 million, Vietnam with 5 million and Philippines at 3.5 million.

Of the tourists who arrived in the ASEAN region, 47% came from within ASEAN. Visitors from EU accounted for around 10% of the arrivals, and those from China around 7%.

"AirAsia is proud to be a truly ASEAN airline with established operations based in Malaysia, Indonesia, Thailand and Philippines, plus Japan, servicing a network stretching across all ASEAN nations," she added.

AirAsia began its domestic flights to Kalibo and Davao last March 28, followed by Puerto Princesa in April. The airline also expects to launch its flight to Hong Kong next month
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Old June 8th, 2012, 03:50 PM   #2405
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AirAsia Indonesia Opens Bali-Yogyakarta Route

http://www.thejakartaglobe.com/busin...a-route/523088

Tri Listiyarini | June 08, 2012

AirAsia Indonesia (IAA) launched its maiden flight on the Bali-Yogyakarta route on Friday, the latest of its routes connecting the resort island to domestic and international destinations.

The QZ 8440 flight left Bali’s Ngurah Rai international airport at 6:00 a.m. and the return flight left Yogyakarta’s Adisucipto airport at 6:35 a.m. There is a one-hour time difference between Bali and Yogyakarta.

“From early on we believed that Bali would continue to develop well because this province is one of the entry gates into Indonesia for foreign tourists and is on its own a popular destination for domestic tourists,” IAA president director Dharmadi said in a press release on Friday.

He said the load factor for the maiden flight reached 85 percent for both flights, proving that Bali remains a popular destination.

IAA currently serves four domestic destinations and five international destinations from Bali.

The IAA release said that to mark the occasion, the airline was providing low fares, starting from Rp 159,000 ($16.85) for purchase made between June 8-18 and for travel during June 11- Aug. 10. The fare is not available every day.

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Old June 14th, 2012, 08:50 AM   #2406
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AirAsia ASEAN makes Jakarta its regional base; AirAsia Bhd's HQ remains in KL
BY BILQIS BAHARI | Business Times | June 14, 2012
Quote:
HQ REMAINS IN SEPANG: Key appointments, CEO for airline’s Malaysia ops to be announced June 18.



AIRASIA Bhd has made Jakarta its regional base, a move that means lesser role for its heaquarters in Kuala Lumpur.

It also ends weeks of speculation that the low-cost airline’s headquarters would move from Sepang in the wake of a failed share swap deal between AirAsia and Malaysian Airlines.

AirAsia yesterday said the Jakarta base, called AirAsia Asean, is to bolster its operations in Asean and regions nearby.

AirAsia chief executive officer (CEO) Tan Sri Tony Fernandes said AirAsia Asean will serve as its nerve centre to tap into “underserved market of some three billion people” in Asean, Northeast Asia and South Asia.

“To avoid any misinterpretation, let me be very clear: AirAsia Malaysia’s headquarters isnot moving to Jakarta.

“AirAsia Malaysia (AirAsia Berhad) is a Malaysian-registered airline, with all its aircraft registered under the Malaysian flag and it is a company listed on Bursa Malaysia.

That will not change,” he said at a press conference on AirAsia Asean here yesterday.

The move will allow senior AirAsia managers to work in a neutral environment free of the day-to-day pressures in its headquarters, he added.

AirAsia is currently in the process of restructuring its management to accommodate the shift in emphasis on its future growth plans.

Fernandes said it will announce key personnel to run the regional structure as well as new AirAsia Malaysia CEO on Monday (June 18).

In response to why the regional office would be in Jakarta and not Malaysia, he explained that the management team would pay more attention to AirAsia Malaysia because of the sentiment of growing it as compared with a neutral location as the regional office.

Business Times reported last week, quoting Fernandes, that the new CEO will manage the operations in Malaysia, while he will be overseeing all AirAsia operations in Malaysia, the Philippines, Thailand, Indonesia and Japan.

"Invariably, when you are running AirAsia Malaysia and the regional office your time is more spent on the Malaysian operation.

"So what we are trying to do is get a group of people that focuses across all the countries," he said.

Fernandes said AirAsia Asean will also help it engage closely with the Asean secretariat which is also based in Jakarta.

"AirAsia Asean will help us ensure that our voice, our concerns and our appeals are heard much more clearly in the corridors of power within Asean."

It will also help raise the profile and branding of AirAsia Indonesia, which is heading for a listing on the Jakarta Stock Exchange by year-end, he added.

"Indonesia is our big opportunity, along with the Philippines and Japan... it's a country of 250 million while we only have 17 planes in there while in Malaysia we have 55 planes with a population of 24 million," he said.

Meanwhile, AirAsia plans to have five new joint ventures over the next two years, Fernandes said, adding that there is huge potential for growth in South Korea, Vietnam, Cambodia, India and China.


In a related news:

Quote:
New woman CEO for AirAsia Malaysia?
By B.K. SIDHU | The StarBiz | Thursday June 14, 2012


From left: Aireen likely to be Malaysia CEO, Rozman Omar to join as regional head of finance and Francis to be commercial head of Indonesian operations


Datuk Bernard Francis also set to rejoin airline - to be based in Jakarta

PETALING JAYA: A day after Mohammed Rashdan Yusof quit as Malaysia Airlines (MAS) deputy group chief executive officer, there is talk that two other senior executives will relinquish their positions at the national carrier in the coming weeks and the airline's former senior general manager of marketing, Datuk Bernard Francis, will join AirAsia Bhd by July.

These are some of the changes that are expected at both the airlines, but come Monday, AirAsia is expected to make a major announcement on its organisational structure now that it has set up its regional headquarters in Jakarta. AirAsia is also expected to name the CEO for its Malaysian operations.

Tan Sri Tony Fernandes declined to name the candidate for the Malaysian operations when he met StarBiz yesterday but the market is abuzz with talks that Aireen Omar will succeed him.

Aireen is regional head of corporate finance and treasury at AirAsia.

Aireen and Bo Lingam, the chief of operations and planning at AirAsia, are among the several candidates for the job; but Bo is not keen to be CEO of the Malaysia operations and he is likely to be promoted the regional chief of operations and planning.

Fernandes will remain the supremo of the AirAsia group and the deputy CEO will still be his long-time business partner, Datuk Kamarudin Meranun. What will change is that Fernandes will no longer be involved in the day-to-day operations of running the Malaysian office as that role will be taken over by Aireen.

Fernandes also confirmed yesterday that Francis will be rejoining AirAsia in July.

“He will be our commercial head for our Indonesian operations,'' Fernandes said.

Francis is no stranger to AirAsia as he was with the airline when it started off a decade ago; subsequently he left AirAsia to join MAS. However, he quit MAS a month before the airline entered into an share swap deal in August last year with AirAsia, but the swap has since been unwound.

The two executives at MAS that are expected to leave are said to be the chief financial officer Rozman Omar and head of engineering and maintenance Azhari Mohd Dahlan. Both these senior executives were formerly from AirAsia but joined MAS after the share swap was inked.

“Rozman has submitted his resignation and despite being coaxed by senior executives and even some board members to stay back, he is leaving MAS. He will join AirAsia and take on a bigger portfolio as regional head of finance and will be based at the regional office in Jakarta by July this year,'' said an official.

As for Azhari, the official said, “he is very much in MAS now but it would be no surprise if he decides to also leave in due time.''

The establishment of a regional base is part of AirAsia's strategy to boost growth in the region. AirAsia has grown from a one country operations to having business spread across Asia.

Fernandes said with the huge growth expansion planned for the region, the airline would need more aircraft and he was looking at placing an order for at least 50 more aircraft but a decision on that would only be made over the next two months. The airline has 103 aircraft in operation currently.

Rashdan quit as deputy group chief executive officer of MAS on Tuesday but will continue to remain a MAS board member till the end of the month.

Article >>> http://biz.thestar.com.my/news/story...&if_height=632

Quote:
AirAsia eyes 5 more regional tie-ups - China, India, S. Korea, Vietnam, Cambodia; aims to become top global brand
By NG BEI SHAN | The StarBiz | June 14, 2012

Airline wants to position itself as a global brand

SEPANG: AirAsia Bhd will work on five more joint ventures with regional airlines over the next two years to position itself as a global brand on top of the one that was signed with Japan's All Nippon Airways.

“We need to pivot to a wider, regional lens from the first decade's focus, which was largely domestic,” chief executive officer Tan Sri Tony Fernandes said.

Read More >>> http://biz.thestar.com.my/news/story...&if_height=795

Quote:
AirAsia may order more Airbus A320 jets as early as next month
Business Times | June 14, 2012

AirAsia Bhd, the region’s biggest budget carrier, may order additional Airbus SAS planes within the next two months to facilitate growth as it seeks to form more airline partnerships.

The Malaysian carrier may place an order for 50 A320 jets with an additional 50 options, Group Chief Executive Officer Tony Fernandes told reporters today in Sepang, outside Kuala Lumpur. A deal could be announced as early as next month’s Farnborough Air Show in the U.K., he said.

“That’s what they want,” Fernandes said. “It depends on whether they give me a good deal.”

AirAsia is already Airbus’s biggest customer for single- aisle A320s with 275 on order, including A320neo models. The carrier is accelerating fleet plans as it forms more joint venture airlines, with a budget tie-up with All Nippon Airways Co due to start flights from Tokyo’s Narita Airport in August.

AirAsia reported its first increase in profit in five quarters in the three months ended March, as more travelers opted for low-cost flights during the global economic slowdown. Net income increased to RM172.4 million, the company said May 24.

The group is having a “fantastic” second quarter, boosted by lower fuel costs, said Fernandes. Its cash position is at a “record” high and the company is well-placed to pay “constant” dividends, he said.

Article >>> http://www.btimes.com.my/Current_New...cle/index_html

Quote:
AirAsia Philippines launched first flight to KL; plans to fly to Hong Kong, Macau in July
BusinessWorld Online | June 13, 2012 09:56:33 PM

AIRASIA Philippines will start flying to Hong Kong and Macau next month, the budget carrier yesterday said, barely a week after it launched its first international flight to Kuala Lumpur.

The carrier, which is partly controlled by Malaysia’s AirAsia Bhd. said it would be offering Hong Kong and Macau flights out of Clark starting July 19.

“We will drive the demand. I cannot predict the future but we have talked to OFWs (overseas Filipino workers) and a lot of people. We found out that there is a demand out of Clark,” AirAsia Philippines Chief Executive Marianne B. Hontiveros said in a telephone interview yesterday.

Last March, carrier earlier got the approval of the Civil Aeronautics Board for additional 224 seats in Macau on top of existing 1,036 weekly seat allocations. The carrier similarly obtained 168 seat entitlements for Hong Kong on to be added to its 1092 weekly allocation.

AirAsia Philippines now has a pending application with regulators seeking to pocket Zest Airways, Inc.’s unused 1,250-seat entitlements for Hong Kong, although Zest Air said that it will not give up its entitlements.

Aside from Hong Kong and Macau, the local regulator, here, had granted the carrier rights to fly to Malaysia, Cambodia, and Japan.

The carrier was granted 1,260 seats a week on the Clark to Kuala Lumpur route. It was also granted seven flights per week on the Clark to Cambodia route. AirAsia Philippines was also granted six flights per week that it can utilize either on the Clark-Osaka route or Clark-Nagoya route.

Read More >>> http://www.bworldonline.com/content....-July&id=53413

Quote:
AirAsia Japan takes delivery of first A320
New AirAsia Japan CEO, Kazuyuki Iwakata together with the captains

Photos from AirAsia Bhd official facebook page.



The new AirAsia Japan team



AirAsia HQ to stay in Malaysia, launches AirAsia Japan, talks underway for AirAsia in Korea
By R.S.N. MURALI | The Star | Thursday May 31, 2012
http://thestar.com.my/news/story.asp...&if_height=845
Quote:
TOKYO: Malaysia will remain as the operational centre of AirAsia despite the budget airline's move to establish a regional office in Jakarta, which it says is purely to tap the vast Indonesian market.

AirAsia Group CEO Tan Sri Tony Fernandes clarified that the airline had no intention to relocate its Kuala Lumpur headquarters.

“I am a Malaysian, AirAsia is a truly Malaysian brand. Why must the headquarters be outside my own country?

“Setting up a regional office in Jakarta is solely a commercial strategy to tap the demand for budget flights in a nation with a population of 230 million,” he said after launching AirAsia Japan's direct flight to Sapporo, Fukuoka and Okinawa yesterday.

AirAsia Japan, the newest low-cost carrier based in Tokyo's Narita International Airport, is a joint venture between Japan's All Nippon Airways (ANA) and AirAsia. AirAsia owns a 49% stake while ANA holds 51%.

The Japanese version is promoting 10,000 seats from as low as 5 (20 sen) during the launch that was also witnessed by AirAsia Japan CEO Kazuyuki Iwakata.

Fernandes said his notion of going into the international arena was to turn a Malaysian-born company into a global brand like Samsung, Honda and Nikon.

“These foreign firms also have regional offices outside their home country and it doesn't mean they are going away or being less patriotic. I just want shed the kampung-brand mindset and thrust a Malaysian company into the international playing field,” he said.

Fernandes was commenting on an article in The Jakarta Post which reported that AirAsia was moving its operations to the Indonesian capital.

On May 20, the newspaper reported that the low-cost airline planned to open its base at South Jakarta's Equity Building in October.

Fernandes said AirAsia was ambitiously expanding to serve the highly lucrative travel market and was looking at China, South Korea and Russia as its next regional hubs apart from its current network in the Asean region, India and China.



Quote:
Originally Posted by CxIxMaN View Post
All is not lost!
AirAsia says it will resume Europe flights with A350-900 in 2015

http://blogs.crikey.com.au/planetalk...50xwb-in-2015/

Air Asia founder and CEO Tony Fernandes said in Toulouse today (Thursday) that he would reconnect Australia to Europe with long haul flights by his Air Asia X brand in 2015 as an early user of the yet to fly Airbus A350-900.

Fernandes was at the Airbus multiplex to take delivery of his 100th A320, and hinted that before the day was over he might have lifted his total orders for the jet from its present tallyof 375.

Earlier this year Air Asia X discontinued its A340 flights to Paris and London from Kuala Lumpur, but expanded its A330-300 flights within SE Asia, including opening a new service between Sydney and the Malaysia capital in April.

The A350s will fit economy passengers into a cabin with 10 across seating, one more per row than standard A350s, just as his A330s fit in nine across seating where the standard is eight across. A premium cabin with sleepers would undercut whatever price for a similar product was being asked by legacy carriers.

full article
http://blogs.crikey.com.au/planetalk...50xwb-in-2015/


Quote:
Originally Posted by CxIxMaN View Post
Looks like AirAsia is adding black to their branding

AirAsia Launches New Corporate Identity
http://superadrianme.com/2012/05/11/...rporate-image/


cool!



Meanwhile in MH....
__________________
Quote:
THE KUALA LUMPUR DEVELOPMENTS COMPILATION (LATEST: JAN'2015) >>> PAGE 1 >>> PAGE 2 (Suburb)

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Old June 14th, 2012, 04:00 PM   #2407
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AirAsia will announce a few more joint-venture airlines this year

http://www.thesundaily.my/news/407208

AirAsia to reveal Jakarta team on Monday



Posted on 14 June 2012 - 05:39am

Kang Siew Li
[email protected]

SEPANG (June 14, 2012): AirAsia Bhd will announce on Monday the key appointees to head its Asean head office in Jakarta, Indonesia, its group CEO Tan Sri Tony Fernandes said.

It will also name the CEOs of the airline's respective units in Malaysia, Thailand, Indonesia, the Philippines and Japan. It was reported that AirAsia regional head of corporate finance and treasury, Aireen Omar, and its chief of operations and planning, Bo Lingam, are frontrunners for the post of CEO for Malaysia.

News of AirAsia relocating its Asean regional operations from Kuala Lumpur to Jakarta surfaced in May last year, but at the time Fernandes told SunBiz it was still a preliminary idea. Since then, AirAsia regional head of Asean affairs, N.V. Raman, was one of the senior executives who have relocated to Jakarta to set up the head office.

Fernandes dismissed talk that Raman will head the Asean head office, but hinted that he himself might move to Jakarta.

"I haven't said (whether) I am going yet, but it will be a good assumption that I am going there. I will spend more time around the region. (But) home is still here (Kuala Lumpur)," he told a news conference here yesterday, to announce the establishment of the new Asean entity in Jakarta.

Fernandes denied that AirAsia's relocation was due to recent pressure from Malaysia Airlines' (MAS) unions which had opposed the share swap with the low-cost carrier. The deal was called off eight months after its signing in August 2011.

"Over the past 10 years (since AirAsia's inception), I have fought in many different battles. If I was fed up with MAS unions now, I would have left (Malaysia) a long time ago from lots of things. For example, seven years it took me to get (the right to fly on) KL-Singapore route. And the many battles we had with Malaysia Airports Holdings Bhd (MAHB), which is still going on."

Fernandes reiterated that the relocation will not have an impact on its Malaysian operations, but that the airline wants to be nearer to the base of the Asean secretariat and that it will be easier to facilitate planning and the execution of activities among its group companies in the region, out of Jakarta.

It also wants to expand its market in Indonesia, as AirAsia is currently lagging behind Indonesian low-cost carrier Lion Air which has a fleet of 65 B737s and has placed an order for another 230 planes, as opposed to AirAsia Indonesia's fleet of 20 A320s.

"The move is to ensure that the team and I are focused equally on the entire region. That is the primary reason. We may one day move back (to KL) when we have our own (low-cost) terminal, that is, if we move (to KLIA2), and a new superoffice, because my job will be done then," said Fernandes.

He also said AirAsia will announce a few more joint-venture airlines this year, identifying South Korea, Vietnam, Cambodia, India and China as potential markets.
Meanwhile, Fernandes expects AirAsia's board to approve the plan to order about 50 new A320s with 50 options from Airbus SAS in one to two months.
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Old June 14th, 2012, 04:20 PM   #2408
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Is that mean that AirAsia group headquarter will still in Malaysia?
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Old June 16th, 2012, 09:29 AM   #2409
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Quote:
Malaysian Airline System Bhd. intends to almost double its Asia-Pacific destinations in three years as part of a turnaround plan prompted by five straight quarterly losses.


The carrier may fly to 25 cities in countries including China, Japan and India by 2015, compared with 13 regional destinations now, Chairman Md Nor Yusof said in an interview yesterday in Subang, near Kuala Lumpur where the carrier is based.



Flights on some existing routes will also be increased by as much as 50 percent, he said.



"The airline business is closely linked to the economic cycle and there is a consensus that the Asia-Pacific region is the bright spot," Md Nor said. "There's plenty of reasons to be optimistic."



The carrier may also make some job cuts as part of the restructuring to be announced at a June 21 annual shareholders' meeting, Md Nor said without elaboration. The new proposal comes after parent companies of Malaysian Air and AirAsia Bhd. last month unwound a share swap agreement following complaints by the national carrier's biggest union.


Malaysian Air was unchanged at 1.15 ringgit at close of trading in Kuala Lumpur today. The stock has dropped 12 percent this year, compared with a 3 percent gain in the benchmark FTSE Bursa Malaysia KLCI Index.


"Despite the ongoing reforms, such as network reviews, we expect Malaysian Air to continue to report losses in its 2012 financial year," Annuar Aziz, an analyst at Credit Suisse Group AG said in a report today.


"The weakness in the passenger network has been matched by weak cargo demand."


Downgraded


Annuar downgraded the stock to underperform from neutral, cutting its price target to 90 sen from 1.50 ringgit. This means its total return is expected to underperform Malaysia's benchmark index by as much as 15 percent over the next 12 months, Credit Suisse said.



East Asia and the Pacific region is forecast to expand 7.6 percent this year and the growth may accelerate to 8.1 percent in 2013, compared with 2.5 percent and 3 percent for the global economy, the World Bank said in a report on June 12.



Malaysian Air will stick to its existing planes orders, Md Nor said. The carrier took delivery of the first of six on-order Airbus SAS A380 superjumbo last month. It will start services with the plane on July 1 with a trip to London.


Waiting List


"The bookings for the A380s have been good and there is a waiting list at the moment," Md Nor said, declining to elaborate.



The airline, which earlier planned to own new planes, has now turned to the Malaysian government to purchase the A380s and two A330s worth 5.3 billion ringgit (US$1.7 billion).



The carrier can lease the planes from the government with an option to buy them at the end of the contract, Md Nor said. Talks are still on with the Finance Ministry, he said.



Malaysian Air will cooperate with AirAsia in areas including procurement, aircraft maintenance and training as it seeks to pare costs, Md Nor said.



Khazanah Nasional Bhd., which controls 69 percent of the carrier, exchanged back its 10 percent stake in AirAsia for 20.5 percent of Malaysian Air last month.





Fifth Loss


Malaysian Air posted a loss of 171.8 million ringgit in the three months ended in March because of higher fuel costs and competition from low-cost carriers.



It may report an annual loss of 529 million ringgit, according to the average of 12 analyst estimates compiled by Bloomberg. The carrier had a loss of 2.5 billion ringgit in 2011.



The airline this month sold 1 billion ringgit of Islamic bonds that didn't have a set maturity in the country's first offering of such debt.



It has commitments from investors to buy the remaining 1.5 billion ringgit of the so-called perpetual sukuk, according to Chief Executive Officer Ahmad Jauhari.



The funds will be used for working capital and to refinance existing loans, the carrier said in a May 22 statement. The company has 4.3 billion ringgit of bonds and loans including the sukuk sold this month, according to data compiled by Bloomberg.
http://www.wcarn.com/cache/news/19/19791.html
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Old June 18th, 2012, 12:02 PM   #2410
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AirAsia Bhd announced woman CEO; 10 years ago was just an airline worth US$0.26 cents

AirAsia's Malaysian operations (the largest contributor and a public listed company) has announced its newest CEO replacing Tan Sri Tony Fernandes who will oversee the wider AirAsia operations throughout Asia Pacific.

Today, AirAsia has a reporting revenue of 4.47 billion ringgit (FY2011, +13%), or US$1.47 billion. With 110 Airbuses in operation daily (as of June 2012), it now has more than 10,000 staffs across Asia. It flown it's 100 millionth passenger milestone in 2010.






The proud AirAsia CEOs Family

The CEOs! From left,
- Tassapon Bijleveld (CEO of Thailand AirAsia),
- Azran Osman-Rani (CEO of AirAsia X),
- Tan Sri Tony Fernandes (Group CEO of AirAsia),
- Aireeen Omar (CEO of AirAsia Berhad),
- Dato' Aziz Bakar (Chairman of AirAsia),
- Dato' Kamarudin Meranun (Deputy Group CEO of AirAsia),
- Capt. Dharmadi (CEO of AirAsia Indonesia),
- Marianne Hontiveros (CEO of AirAsia Philippines),
- Kazuyuki Iwakata (CEO of AirAsia Japan)









Photos courtesy of AirAsia Facebook.
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Old June 18th, 2012, 12:43 PM   #2411
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Source: AirAsia will announce a 100-plane order next month.


AirAsia Fleet Size Causing Massive Jams

Current Airbus A320-200 short-haul fleet size as of June 14, 2012:

In operation:

AirAsia Malaysia: 58
AirAsia Thailand: 24
AirAsia Indonesia: 18
AirAsia Philippines: 2
AirAsia Japan: 1

Remaining in order:

Airbus A320-200: 72
Airbus A320neo: 200 (beginning 2016)

Total Group Fleet Size: 375


Current AirAsia X Malaysia long-haul fleet size as of June 14, 2012:

In operation:

Airbus A330-200: 9
Airbus A340-300: 2

Remaining in order:

Airbus A330-200: 3
Airbus A330-300: 16
Airbus A350-900: 10

Total Fleet Size: 40


Rumors that Indonesia's Lion Air and FlyDubai is going to make KL their overseas HUB.
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Old June 19th, 2012, 05:45 AM   #2412
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AirAsia is no longer a Malaysian based career

Quote:
Originally Posted by patchay View Post
Source: AirAsia will announce a 100-plane order next month.


AirAsia Fleet Size Causing Massive Jams

Current Airbus A320-200 short-haul fleet size as of June 14, 2012:

In operation:

AirAsia Malaysia: 58
AirAsia Thailand: 24
AirAsia Indonesia: 18
AirAsia Philippines: 2
AirAsia Japan: 1

Remaining in order:

Airbus A320-200: 72
Airbus A320neo: 200 (beginning 2016)

Total Group Fleet Size: 375


Current AirAsia X Malaysia long-haul fleet size as of June 14, 2012:

In operation:

Airbus A330-200: 9
Airbus A340-300: 2

Remaining in order:

Airbus A330-200: 3
Airbus A330-300: 16
Airbus A350-900: 10

Total Fleet Size: 40


Rumors that Indonesia's Lion Air and FlyDubai is going to make KL their overseas HUB.
AirAsia Group cannot be considered as Malaysian based career. It's multinational.
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Old June 19th, 2012, 10:17 AM   #2413
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Malaysia Airlines' Employees May Have to Go the Extra Mile to Help in Turnaround

Quote:
In the present circumstances of prolonged losses, Malaysia Airlines (MAS) and its employees will have to go the extra mile to restore the pride of Malaysia and the national carrier.


The airline that gave most Malaysians their flying experience is now technically bankrupt.


"Currently, MAS remains in business even though it is technically bankrupt due to assistance from the government because the company is a national pride," said an investment strategist who declined to be identified.


"But this time around the government has to do it right," he said when referring to plans to turn around the airline as the government is its major shareholder.


MAS has tried to make many turnaround plans in the past whenever it faced falling revenues. However, its entering into a share swap with AirAsia was aborted after strong protests from the premium service airline's employee unions and some sections of the public, as it was perceived that MAS was getting a raw deal.


Now, it has to come up with a new turnaround strategy to maximise yields from its operations and reduce costs wherever possible.


One of the plans being floated is a possible move of its offices from Subang to its main operational hub at Kuala Lumpur International Airport (KLIA) in Sepang.


But this idea of "going the extra mile" to cut costs is said to have met strong opposition from the affected staff.


National Chamber of Commerce and Industry of Malaysia Secretary-General

Datuk Syed Hussein Al Habshee feels that the airline's management and employee should continue to have an open dialogue on the matter as this is the only way to achieve better understanding.


Speaking to Bernama, he said the issue of moving or not should be the management's decision alone, and it must have solid reasons behind that move.


Syed Hussein said while the employees' views should be considered, the airline's financial perspective also would be taken into account.


It makes practical sense over the long term for MAS to have its offices next to its main operational hub at KLIA, said the investment strategist, who believed the airline's present management is more than capable of lifting it out of trouble if given the right support and opportunity.


But whether it is a good time to implement the relocation in view of its financial position will have to depend on its priorities and whether the benefits of moving outweigh those of deferring such a decision.


The employees, he said, should also not take advantage of their strong bargaining position at the moment, and should instead adopt a "give and take" attitude for the benefit of the airline.


"Just because the unions have many members, they should not make demands on selfish reasons," an analyst at an investment bank said.
In managing a company, first and foremost, he said the management must be practical and should not be listening to the employees 100 percent.


"At the end of the day, for people like myself, let us say, if the management makes a decision that is good for the company, I have to follow or find another job.


"Today the fundamentals of making business work is all about financials. The bottom-line is what everybody is looking at," he added.


Another analyst said MAS and national carmaker Proton shared a similar problem.


But he felt that the government did not have a suitable candidate like DRB-Hicom Bhd to take over MAS at present "because it's financially too big and there are also legacy issues and the need to uphold national service", said the analyst, who also declined to be quoted.


If MAS moved to KLIA, its existing building in Subang could be used for something else that could generate income for the airline, he said.


He agreed that the only obstacle for such a move was resistance from the unions.


Some quarters believed that opposition to the relocation had stemmed from a perception that the valuable piece of property in Subang would benefit other parties instead and not MAS.


Now that MAS is on its own, perhaps it could look at how best to generate revenue from the Subang property.

http://www.wcarn.com/cache/news/19/19811.html
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Old June 20th, 2012, 06:46 AM   #2414
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AirAsia Group AK-FD-QF-PQ-JW-D7

http://www.thejakartapost.com/news/2...five-fold.html

AirAsia CEO’s move to Jakarta is to grow profit by five-fold

B.K. Sidhu, Asia News Network (The Star), Sepang, Malaysia | Business | Tue, 06/19/2012 7:55 AM

Growing profits by four to five-fold is the aim of Tony Fernandes as he moves to Jakarta to drive AirAsia's regional expansion after handing over the reins of the airline's Malaysian operations to 38-year-old Aireen Omar .

“AirAsia has been dependent on the Malaysia operations for growth and yet Malaysia has only 28 million people. If we can get the other operations to grow, the potential of increasing profits by 400 percent to 500 percent over time is there,” said Fernandes, AirAsia group chief executive officer.

However, he did not set targets for when this would be achieved.

“But in six months, we will be able to say [when it is achievable]. The impetus is in trying to deliver profitability to the countries that the group is not generating as much as Malaysia, and I believe we can do that with the right emphasis and the right drive.”

We want to focus on creating a powerful ASEAN-Asian airline and make Japan, Indonesia, Thailand and the Philippines as profitable as Malaysia. That's our goal to realize the potential of what we've built,” Fernandes added after announcing Aireen's appointment.

The Malaysian operations contribute 75 percent to group profit despite AirAsia having subsidiaries in other countries.

AirAsia has set up a regional base in Jakarta known as AirAsia ASEAN as part of its regional expansion strategy. With presence in five countries now, the aim is to have joint ventures in five more countries in the region. The set-up in Jakarta will have a staff strength of 20 people, comprising the core team of AirAsia and the relocation cost is about RM1million (US$316,706).

“We need to pivot to a wider, regional lens from the first decade's focus, which was largely domestic. The enormous potential in an underserved market of three billion people spread across ASEAN, North-East Asia and South Asia offers huge opportunities. AirAsia, we are convinced, is ideally positioned to reap huge dividend by serving this market,” he said.

Fernandes would be moving to Jakarta next month to head the group while the day-to-day running of the Malaysian operations would be handled by Aireen.

In a statement to Bursa Malaysia, AirAsia said Aireen would be the CEO and executive director while Fernandes and Kamarudin would quit their posts as group CEO and deputy group CEO respectively by June 30. They would become non-independent non-executive directors of AirAsia.

Aireen said at the press conference that AirAsia would maintain the 60 percent domestic market share it currently enjoys.

“I know I have a big shoe to fill and I am confident to keep the target alive. Everyone can fly not only now but forever,” Aireen said.

“We have 60 percent domestic and 40 percent international market share. We intend to maintain that and grow it,” she said, adding that AirAsia's local operations would continue to be creative and innovative.

She said maintaining market lead, cost discipline and increasing revenue would be among the main challenges going forward.

Aireen joined AirAsia in January 2006 as director of corporate finance and is now regional head of corporate finance and treasury.

She holds an economics degree from the London School of Economics and Political Science, and a masters in economics from New York University. She started as associate with Deutsche Bank Securities Inc, New York in September 1997 till August 2000. She returned to Malaysia to join Maybank Investment Bank as assistant vice-president from March 2001 to November 2003. In December 2003 she joined Bumiwerks Capital Management as director until December 2005.

Fernandes described her as “tough and aggressive” while Kamarudin credited her for being able to lock up aircraft financing at very competitive rates during the crisis.

Aireen said had no inkling that she would become CEO of AirAsia.

“I was shocked to know that I was one of the four candidates the founders and the board were looking for because in whatever I do, I did not have a thought that I would be in that position. I just go on doing my best and stay ahead of the curve.”

“So when, they [Fernandes and Kamarudin] called me to a board meeting to tell me that I was chosen, I was overwhelmed and excited.”

“It was all mixed feelings at that point. It is a huge responsibility and there will be lot of people monitoring my progress, but I am honoured and humbled by the trust and confidence placed on me by Fernandes, Kamarudin and the board,” she said.
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Old June 26th, 2012, 09:28 PM   #2415
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Malaysia has mentioned many times that it wants to participate in the rebuilding of IRAQ. Petronas is also looking to secure more oil fields in collaboration with international players operating in Iraq.


AirAsia X to begin charter flights to Baghdad, Iraq
By Vasantha Ganesan | Business Times | June 27, 2012
Article >>> http://www.btimes.com.my/Current_New...cle/index_html
Quote:
KUALA LUMPUR: Long-haul budget carrier, AirAsia X is believed to have obtained the rights to fly to Baghdad, Iraq, starting this week.



According to sources, AirAsia X obtained rights to fly twice weekly into the Iraqi capital from the low-cost carrier terminal in Kuala Lumpur.

Sources say the flight would be a charter flight. However, AirAsia X chief executive officer (CEO) Azran Osman-Rani, when contacted by Business Times, said: “I am in Beijing, China.

I have not seen if we have got any rights (for Baghdad)”.

Last month, Air Transport World quoted AirAsia group CEO Tan Sri Tony Fernandes as saying “We are looking at Baghdad”.

Meanwhile, it is understood that advertisements have appeared in Iraq, stating that tickets for Kuala Lumpur cannot be purchased online and have to be bought via a travel agent.

There is even an email circulating among the Iraqi community residing in Malaysia as well as in Iraq stating that there are weekly KUL-BGW flights every Saturday.

The email also states that the return fare promotion for the inaugural flight is RM1,599 for economy and RM1,999 for premium.

Meanwhile, Tourism Malaysia data shows that Iraqi tourist arrivals in 2011 rose 17.4 per cent to 13,568 from 11,560 in 2010.

According to an official at the Iraqi Embassy here, there are 3,000 Iraqis residing in Malaysia.

Currently, the only Middle East country AirAsia X flies to is to Iran. It has a four-time weekly flight to Teheran Imam Kohmeini International Airport, which first started as a charter before becoming a scheduled flight.

AirAsia X also has rights to fly to Jeddah, Saudi Arabia, but has yet to mount any flights.

In 2010, AirAsia X ended its five-time weekly flights from Kuala Lumpur to Abu Dhabi three months after it commenced the route.
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Old June 28th, 2012, 07:27 AM   #2416
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Quote:
Originally Posted by patchay View Post
Malaysia has mentioned many times that it wants to participate in the rebuilding of IRAQ. Petronas is also looking to secure more oil fields in collaboration with international players operating in Iraq.


AirAsia X to begin charter flights to Baghdad, Iraq
By Vasantha Ganesan | Business Times | June 27, 2012
Article >>> http://www.btimes.com.my/Current_New...cle/index_html
nice to hear this... Iraq is always a beautiful place in my mind, Baghdad especially. It's good to know that Malaysian entities are interested in its re-development. BRAVO AIR ASIA!

On the other hand, I always hoping for Malaysian carriers to spread their empire aggressively as what Emirates did to the rest part of the world, holds on to the market, be flexible and sustains...never easily pull over like they always do.
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Old June 29th, 2012, 06:21 PM   #2417
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Malaysia Airlines' first Airbus A380 has done its final painting and returned to KL this afternoon for official launch of first commercial flight on July 1


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Originally Posted by World 2 World View Post
Airbus Presentation: Malaysia Airlines' First A380









Malaysia Airlines (MAS) will take delivery of more Boeing B737-800, Airbus A330-300 and another three A380 aircraft later in the year, he added.

MAS cabin crew also hosted a guided static tour of the double-deck aircraft for around 50 guests, comprising officials from the Ministry of Transport, senior airport officials and members of the media.

Meanwhile, in conjunction with the A380 arrival, the Transport Minister also officiated the opening of the upgraded Malaysia Airlines' flagship Golden Lounge at the KLIA Satellite Building, the statement added.

Read More >>> http://www.btimes.com.my/Current_New...cle/index_html
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Old July 2nd, 2012, 12:28 PM   #2418
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MAS plans to use Airbus A380 for Tokyo, Beijing routes
(WCARN.com/Bernama, July 2)

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Malaysia Airlines (MAS) plans to fly the superjumbo Airbus A380 to Tokyo's Narita International Airport and Beijing after its maiden A380 flight to London.


The airline's second destination for the A380 will be Sydney, Australia, towards the end of November, MAS said on Monday.


The airline has ordered six A380 aircraft, four of which will be delivered by the end of 2012 and the balance in 2013.


MAS set another historic Malaysian record on Sunday with the launch of its Airbus A380 scheduled service between Kuala Lumpur International Airport (KLIA) and London Heathrow Airport.


The full flight took off for London exactly 38 years after its maiden flight operations between the two cities on July 1, 1974.


The national carrier also notched several significant firsts with the A380 operations, among others, being the only airline to introduce its A380 in an exclusive new livery and also having the widest first class seats among the operators of this aircraft.


"This is a proud moment for the entire nation and we at Malaysia Airlines are glad to be part of this historic moment, which positions Malaysia in the league of the A380 operators.


"Such an advancement is our contribution towards the efforts by all to steer Malaysia towards the developed nation status by 2020. This is also in line with the government's desire to increase capacity for heightened tourist arrivals into the country," MAS Group chief executive officer Ahmad Jauhari Yahya said in the statement.


"At the corporate level, the introduction of our A380 into service will see a continuation of our refreshed brand campaign which commenced in March 2012."


"The objective will be to position ourselves as a preferred premium carrier, so that the market chooses us over others when we gradually roll out our total revamped product, which not only includes areas such as inflight but also other aspects including airport lounges and all the other stages of the passenger's journey with us," he added
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Old July 2nd, 2012, 05:36 PM   #2419
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2 AirAsiaX special liveries


http://www.airliners.net/photo/AirAs...fc404aa5a6e7e5


http://www.airliners.net/photo/AirAs...fc404aa5a6e7e5
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Old July 4th, 2012, 04:03 AM   #2420
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AirAsia X plans IPO as early as 2014
(WCARN.com/Dow Jones Newswires, July 3)

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AirAsia X, the long-haul affiliate of Malaysian budget carrier AirAsia Bhd., plans to launch its initial public offering by the end of this year or early 2013 to fund its expansion, said Chief Executive Azran Osman-Rani Tuesday.

The low-cost carrier, which disclosed plans to list shares a year ago, said it isn't looking at any acquisition target and plans to grow the company organically.


"It is easier and more efficient to buy airplanes than to buy a company," he said at a press conference in Taipei, adding the company aims to add 14 new aircraft to its current fleet size of 11 aircraft by the end of 2014.


The Malaysian airline, which recently suspended services to Paris and London as demand for leisure travel dropped amid the eurozone debt crisis, is eyeing expansion of its China network to cities that appeal to tourists such as Hangzhou, Wuhan, Xian, and Chongqing, said the chief executive.


AirAsia is Southeast Asia's largest budget airline by fleet size.
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