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Old August 8th, 2007, 02:57 AM   #821
Andrex
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Does anyone know how MH is performing by figures during this current year 2007 including the second quarter until 30th June? better profit than before?

By the way, XNeo ...thanks a lot for the pics
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Old August 8th, 2007, 05:03 PM   #822
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I haven't even heard of this airline flying all over Asia. Does it only cover South East Asian and a Few International Destinations?
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Old August 8th, 2007, 09:52 PM   #823
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so far, only South East Asian countries and selected cities in China only. They will only start to fly to other continents this September.
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Old August 9th, 2007, 08:48 AM   #824
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MAS offers super low fares from RM29 one-way
07-08-2007:


SUBANG: Malaysia Airlines is offering travellers super low airfares for bookings till Aug 15, 2007, during its World Online Celebration.

Customers booking these offers through www.malaysiaairlines.com can enjoy up to 75% discount on airfares for all its international destinations, except Australia, for travel from Jan 16 to May 22, 2008.

In a statement yesterday, Malaysia Airlines commercial director Datuk Rashid Khan said: “Whether you’re looking to travel to places in Europe, North Asia, the Middle East, or any of our destinations around the world, our World Online Celebration will have something for everyone.”

“We want to encourage more people to book online as it has never been easier, especially as we move towards electronic ticketing this year.”

He said the "amazing rock-bottom" one-way fares is from RM29 for Asean destinations, RM199 to the Orient, RM299 to destinations in North Asia and the Indian Sub-Continent, RM699 to European and Middle Eastern destinations, and RM1,129 to South Africa.

For destinations in Asean countries, fares start from RM29 to Medan, RM99 to Phnom Penh, Phuket, Cebu and Surabaya, RM199 to Ho Chi Minh City, Jakarta, and Bandar Seri Begawan and RM159 to Bangkok.

Orient destination fares begin from as low as RM199 to Kunming and Hong Kong, RM299 to Xiamen, RM399 to Guangzhou and RM449 to Shanghai. As for destinations in North Asia, fares start from RM299 to Kaohsiung and RM499 to Tokyo, Osaka and Taipei.

For destinations in the Indian Sub-Continent, offers start from RM299 to Dhaka, RM399 to Chennai and Colombo and RM459 for flights to Hyderabad and Bangalore.

For European destinations, fares start from RM699 to London, Paris, Frankfurt and Rome, while fares for destinations in the Middle East and South Africa start from RM699 to Dubai and Beirut, and RM1129 to Johannesburg.

In support of Visit Malaysia Year 2007, the Malaysia Airlines World Online Celebration is also offering attractive inbound fares to Kuala Lumpur from various Asean countries.

All promotional airfares are for economy class travel on Malaysia Airlines and exclude fuel surcharge and other applicable surcharges. Children enjoy a 15% discount while infants are charged 10% of the adult fares.
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Old August 10th, 2007, 05:23 AM   #825
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AirAsia HK-KL flight by January

by Doreen Leong
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KUALA LUMPUR: AirAsia Bhd is expected to fly to Hong Kong from Kuala Lumpur by next January, three years after it chose Macau for its first destination in China, instead of Hong Kong, due to lower airport charges.

“We are applying to fly to Hong Kong now. I have been against Hong Kong all this time, but it has reached a point now where I’ve got a deal out of Hong Kong with its new CEO and we want to build our low-cost terminal hub,” its group chief executive officer Datuk Tony Fernandes told The Edge Financial Daily.

“We’ve got good discussions with Hong Kong authorities and we have set the motion in place to fly there,” he said, adding that flying to Hong Kong would also complement its sister airline, AirAsia X’s long haul routes.

He said AirAsia would be able to achieve its short turnaround time as it would do away with having aerobridges at the Hong Kong airport.

Fernandes said AirAsia faced aircraft constraints currently but hoped by January, it would have the planes ready to ply the route.

He added that the Malaysian government had no objections to AirAsia serving the route.

AirAsia’s change of heart to fly to Hong Kong followed the change in leadership at the HKIA, when Stanley Hui Hon-Chung was appointed as the airport’s new CEO effective Feb 1.

Fernandes said Hui, who is formerly CEO of Dragonair, had 30-plus years of aviation experience and understood the needs and challenges of the industry.

“Hong Kong’s Transport Ministry is very supportive of AirAsia coming in. HKIA is offering us an attractive deal and more importantly, we need Hong Kong as this will complement AirAsia X’s routes,” he added.

“If you are flying from London on AirAsia X, you can also go to Hong Kong with us. Similarly, if you are flying from London, we can fly you to Kota Kinabalu,” Fernandes said.

In 2004, Hong Kong lost out to Macau in cutting a deal with AirAsia. It was Macau’s willingness to structure its business model to suit the low-cost airlines’ needs that won AirAsia over.

However, things have changed over the years as airports are clamouring to lure budget carriers with lower usage charges.

Hui is expected to enhance the airport’s position as a regional aviation hub and an essential gateway to the Mainland while ensuring that it is ready to meet new challenges and opportunities.

In Feb 28, HKIA expanded its capacity with the opening of Terminal 2, adding gross floor area of 140,000 square metres to the existing 570,000 square metres at Terminal 1.

So far only Oasis Hong Kong and Emirates have relocated to the second terminal. But several other airlines including Thai Airways and Qatar Airlines are slated to move to the new terminal.

In terms of international traffic, the Hong Kong airport is the third busiest for passenger traffic and the busiest for cargo since it started operations in 1998.

There are 85 international airlines providing about 760 scheduled passenger and all-cargo flights each day between Hong Kong and some 150 destinations.

Low-cost airline services are the fastest growing segment of the industry worldwide, with the likes of Southwest Airlines in the US and Ryanair and easyJet in Europe growing much faster than the traditional carriers.

For AirAsia, Fernandes reiterated that he was serious in making the LCC Terminal in KLIA a regional hub by enabling its passengers to fly to anywhere from the terminal.

Currently, budget travellers wanting to go to Hong Kong can opt for AirAsia’s thrice daily KL-Macau service. Nevertheless, even when AirAsia starts flying direct to Hong Kong, it expects healthy loads for its flights to Macau, he added.

“Macau will be cheaper than Hong Kong but there is still a market there. For instance, look at Miri, we fly four times a day to serve the Brunei market but now we go direct to Brunei and it is still full on both routes,” Fernandes said.

AirAsia’s entry into Hong Kong would certainly give other full service carriers such as Malaysia Airlines and Cathay Pacific a run for their money.

On the other hand, AirAsia is not expected to take a chunk of the market share from the existing players for that route as it serves a different target market, the leisure travellers.

More recently, the budget carrier launched services to Shenzhen in China and saw overwhelming demand for that route. It plans to increase frequency to Shenzhen from its current seven flights a week.

He said it might receive approval for a second daily service to Shenzen as early as September from the Chinese authorities.

The route recorded close to 90% load with more than 5,000 seats snapped up in the first week when it opened for sale in June.

Since AirAsia started its no frills flights concept in December 2001, the airline has flown to 40 destinations in Malaysia, Thailand, Indonesia, Macau, China, Philippines, Cambodia, Vietnam and Myanmar. To date the AirAsia group, has carried over 23 million guests.

In line with its growth and expansion plans, AirAsia has secured a 150 aircraft commitment with Airbus for its A320s. The 150 aircraft order will place AirAsia as the single largest customer for the aircraft in Asia-Pacific, and potentially one of the largest airline fleets in the region. The new aircraft would gradually replace AirAsia’s existing Boeing 737-300s.
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Old August 10th, 2007, 03:03 PM   #826
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Friday August 10, 6:19 PM
Branson's Virgin Group takes 20 percent of Malaysia's AirAsia
Photo: AFP
KUALA LUMPUR (AFP) - Richard Branson's Virgin Group is taking a 20 percent stake in Malaysia's AirAsia long-haul carrier, with the British billionaire vowing Friday to pilot the project into profitability.

"Sir Richard Branson of Virgin Group is our new strategic global investment partner," said Kalimullah Hassan of Fly Asian Xpress Sdn Bhd (FAX), the long haul operator of AirAsia X.

"We believe that this partnership whereby Virgin will take a 20 percent stake in AirAsia X will be a sound and successful investment," Kalimullah said.

Branson, founder of Virgin Group, attended the announcement in the administrative capital of Putrajaya south of Kuala Lumpur wearing a traditional Malay outfit and headgear.

"I am thrilled to be able to support them in this venture and look forward to seeing low cost, long-haul travel being opened up from their base in Malaysia," Branson said.

He said AirAsia chief executive Tony Fernandes has had "phenomenal success" in the short-haul Asian route and "we believe they will have the same success with AirAsia on the long-haul."

Branson vowed to prove skeptics wrong and said the partnership would lead to success, pointing out that when he started his own airline two decades ago he had been marked to crash.

"There were 12 other carriers, but all 12 have gone bankrupt. We are (still) going strong," Branson said, adding that he was not ruling the possibility of further investments into AirAsia in the future.

Neither side disclosed financial figures, but an AirAsia official told AFP Branson's infusion was estimated at six million dollars.

"There will always be skeptics (and) starting a new business is a challenge. But we have never failed," he said.

Analysts had earlier described Branson's move as a major coup for Fernandes, who bucked the odds when he set up AirAsia as a pioneering regional budget carrier in 2001 despite widespread skepticism.

Fernandes is the director of FAX and holds a 50 percent stake.

FAX has 15 widebody A330-300 airliners on order from Airbus, the European manufacturer.

AirAsia X is scheduled to begin long-haul flights to China and Australia on September 8, using three leased planes, from the low-cost carrier terminal at Kuala Lumpur International Airport (KLIA), company officials earlier said.

Fernandes on Friday said the firm would likely be able to fly to Australia's Gold Coast by end of September, with initial flights of four times a week.

"Gold Coast has an aggressive airport and it's a wonderful tourist destination," he said.

At its launch in January, the carrier had also promised budget flights to Britain beginning in July.
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Old August 11th, 2007, 03:20 AM   #827
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Virgin will spend whatever is necessary to make AirAsia X a success,
says Sir Richard Branson, the airline's chairman and founder
BusinessTimes
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Old August 11th, 2007, 02:26 PM   #828
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Branson’s Virgin Group takes up 20% of FAX
By Gan Yen Kuan, 10 Aug 2007 10:14 PM




Fernandes (left) and Branson at the partnership of AirAsia X and
The Virgin Group in Putrajaya on Aug 10. Photo by Suhaimi Yusuf


PUTRAJAYA: British billionaire Sir Richard Branson’s Virgin Group is taking up a 20% stake in Fly Asian Xpress Sdn Bhd (FAX), which operates the budget long-haul airline AirAsia X, for an undisclosed price.

FAX is issuing new shares to Virgin Group at par. Prior to the subscription, FAX's paid-up capital stands at US$30 million.

FAX, which is privately owned by AirAsia Bhd group chief executive officer Datuk Tony Fernandes and his counterparts, had also been granted rights to fly to Avalon and the Gold Coast in Australia, and to Stansted in London, FAX chairman Datuk Seri Kalimullah Hassan said today at the event to announce the partnership here.

This confirms a report by The Edge Financial Daily on Aug 10, before the announcement was made.

Fernandes said AirAsia X would first fly to Gold Coast in the fourth quarter using a single, leased Airbus 330 aircraft, adding that the airfare for a return trip to Gold Coast would be as low as RM90.

With one aircraft, he said it would fly to Australia four times a week. It would also fly to Hangzhou in China.

FAX had earlier ordered 15 new A330-300s, which would be delivered in three to four years.

When the second aircraft was delivered in August 2008, Fernandes said FAX would start to fly to Amritsar in India.

On his role in FAX, Branson said it would have a board representative in FAX. “We have a director, David Baxter on board. We will use all experience we’ve had in the last 21 years of running five airlines to see what we can do for AirAsia X.”

Branson founded the Virgin brand in 1970, starting as a record retailer. Today, Virgin Group’s business is expanded to include air travel, mobile, financial, resorts and leisure, with 200 companies in over 30 countries.

To a question on the cost of investment for the 20% stake, Branson said: “I’m not quite sure how much I’m putting in.”

Citing Virgin Atlantic Airways Ltd’s success on starting its business with only one aircraft, Branson said he was confident on the feasibility of AirAsia X model.

Virgin Atlantic is 51% owned by Virgin Group, while Singapore Airlines Ltd (SIA) owns the rest. Branson said it was willing to buy the 49% stake in Virgin Atlantic if SIA decided to sell it.

On AirAsia’s options to take up a 20% stake in FAX, FAX CEO Azran Osman-Rani said AirAsia board would deliberate on the matter this month. FAX's paid-up capital would increase to some US$40 million with Virgin Group and AirAsia taking up their respective 20% stake.

Azran said they planned to list FAX on Bursa Malaysia in three years. He also said FAX was in the midst of implementing a second round of fund raising exercise that would raise an additional US$80 million to finance its expansion. He added that FAX will be applying for a name change to AirAsia X soon.

At the event, AirAsia X also named its first aircraft after the late Sir Freddie Laker, who was the pioneer and founder of the low cost model. The naming ceremony was witnessed by Laker’ son Freddie Allen Laker Jr.
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Old August 11th, 2007, 02:51 PM   #829
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AirAsia X gets 3 landing rights

by Doreen Leong
Email us your feedback at [email protected]


Fly Asian Xpress Sdn Bhd (FAX), operator of long haul budget carrier AirAsia X, has secured rights to fly to the Gold Coast and Avalon in Australia as well as Stansted in London.

“It is confirmed that FAX has being given the green light to fly to those destinations. It will probably get its letter from the government tomorrow (Aug 10),” a source told The Edge Financial Daily.

An announcement on the landing rights is expected to be made at AirAsia X’s event in Putrajaya today, where Virgin group’s founder Sir Richard Branson is expected to ink a shareholder’s agreement to take up 20% stake in FAX.

According to the source, FAX will likely launch its inaugural flight to the Gold Coast in September.

“FAX will evaluate next week three which destination to fly to first. But it is a 90% possibility that it will go to Gold Coast first,” the source added.

This announcement will put to rest speculation on whether AirAsia X will be able to take off by September since it had yet to secure any landing rights.

Last month, many were anticipating a decision on the matter when FAX CEO Azran Osman-Rani visited Down Under. However, it is now that the rights have been confirmed.

Also, Gold Coast, which has its hopes high when Azran described Newcastle as an “unlikely choice”, has reasons to cheer, as this will undoubtedly enhance traffic flows at the airport.

Gold Coast was competing with Avalon in Victoria as well as Adelaide and Newcastle to host the airline. It is likely that Gold Coast’s recent runway extension and announcement of the A$100 million (RM296 million) upgrade of the terminal have improved its chances of hosting an international airline.

AirAsia X is expected to offer Australians 30% to 50% cheaper fares than its competitors to Kuala Lumpur and then to a number of far-flung destinations, including the UK, Middle East, India and China.

Meanwhile, budget travellers are also excited about the entry of another long haul budget carrier Jetstar Airways — the low-cost subsidiary of Qantas Airways — come September.

Jetstar started selling the KL-Sydney route fares for as low as a one-way fare of RM88 late last month.

Apart from the new development of securing landing rights, FAX is also expected to rope in a strategic shareholder, Branson.

The market is already anticipating Virgin group to buy a 20% stake in FAX for US$6.9 million (RM23.93 million), which is at par value.

Other than financial capital, Branson’s entry would provide strategic benefits of brand presence, network and shared development. However, he is not expected to take an executive role in FAX.

FAX is already working with Branson on new revolutionary seats that are comfortable and extra light for their aircraft. It can also tap into Virgin’s network in Australia and Europe.

It appears that AirAsia X is all set to go and only time will tell whether it will be one of the first few successful long-haul budget carriers.
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Old August 12th, 2007, 07:19 AM   #830
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[QUOTE=nazrey;14742774][B][SIZE="4"]




hmm x-virgin?? muahahaha

saw on MY NT7 20% stake sold to Virgin for USD6million.. typo or really dat cheap?
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Old August 12th, 2007, 12:46 PM   #831
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Does the new HKG flight mean the death of Macau? Weren't the vast majority of people flying to Macau heading straight to the ferry terminal for HKG?
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Old August 12th, 2007, 12:52 PM   #832
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its a wrong move. air asia will totally be failure with tat and there will be serious consequences that wld bankrupt that ferm-ando guy.
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Old August 12th, 2007, 02:43 PM   #833
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Quote:
Originally Posted by joaoguimaraes View Post
Tony Fernandes sayd, to a newspaper in Portugal, that their thinking adding Portugal in their list. It can be Faro or Porto, because Lisbon is too expensive!

I think they would do it to Porto, because is better served than Faro (Faro is almost only a charter airport, because of the English, Germans, etc that want to make holidays there.)

What do you all think?

Regards!
Kuala Lumpur to Porto non-stop... mmm... very nice route !
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Old August 12th, 2007, 05:07 PM   #834
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[QUOTE=musang;14751192]
Quote:
Originally Posted by nazrey View Post
[B][SIZE="4"]




hmm x-virgin?? muahahaha

saw on MY NT7 20% stake sold to Virgin for USD6million.. typo or really dat cheap?
The baju melayu branson wears look so cheap.

Air Asia X bonked Virgin
=X Virgin...ahahahahahaha
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Old August 14th, 2007, 09:20 AM   #835
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10-08-2007: AirAsia X gets 3 landing rights
by Doreen Leong


Fly Asian Xpress Sdn Bhd (FAX), operator of long haul budget carrier AirAsia X, has secured rights to fly to the Gold Coast and Avalon in Australia as well as Stansted in London.

“It is confirmed that FAX has being given the green light to fly to those destinations. It will probably get its letter from the government tomorrow (Aug 10),” a source told The Edge Financial Daily.

An announcement on the landing rights is expected to be made at AirAsia X’s event in Putrajaya today, where Virgin group’s founder Sir Richard Branson is expected to ink a shareholder’s agreement to take up 20% stake in FAX.

According to the source, FAX will likely launch its inaugural flight to the Gold Coast in September.

“FAX will evaluate next week three which destination to fly to first. But it is a 90% possibility that it will go to Gold Coast first,” the source added.

This announcement will put to rest speculation on whether AirAsia X will be able to take off by September since it had yet to secure any landing rights.

Last month, many were anticipating a decision on the matter when FAX CEO Azran Osman-Rani visited Down Under. However, it is now that the rights have been confirmed.

Also, Gold Coast, which has its hopes high when Azran described Newcastle as an “unlikely choice”, has reasons to cheer, as this will undoubtedly enhance traffic flows at the airport.

Gold Coast was competing with Avalon in Victoria as well as Adelaide and Newcastle to host the airline. It is likely that Gold Coast’s recent runway extension and announcement of the A$100 million (RM296 million) upgrade of the terminal have improved its chances of hosting an international airline.

AirAsia X is expected to offer Australians 30% to 50% cheaper fares than its competitors to Kuala Lumpur and then to a number of far-flung destinations, including the UK, Middle East, India and China.

Meanwhile, budget travellers are also excited about the entry of another long haul budget carrier Jetstar Airways — the low-cost subsidiary of Qantas Airways — come September.

Jetstar started selling the KL-Sydney route fares for as low as a one-way fare of RM88 late last month.

Apart from the new development of securing landing rights, FAX is also expected to rope in a strategic shareholder, Branson.

The market is already anticipating Virgin group to buy a 20% stake in FAX for US$6.9 million (RM23.93 million), which is at par value.

Other than financial capital, Branson’s entry would provide strategic benefits of brand presence, network and shared development. However, he is not expected to take an executive role in FAX.

FAX is already working with Branson on new revolutionary seats that are comfortable and extra light for their aircraft. It can also tap into Virgin’s network in Australia and Europe.

It appears that AirAsia X is all set to go and only time will tell whether it will be one of the first few successful long-haul budget carriers.
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Old August 14th, 2007, 11:51 AM   #836
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dont get me wrong, but i still cant get over the fact that FAX is giving back RAS to govt.. just a wild thot, if this long haul doesnt work 'well' enuf, who r they going to give it to? ha haa
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Old August 14th, 2007, 07:47 PM   #837
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give it to branson.
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Old August 15th, 2007, 11:49 AM   #838
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FREE flights. Citibank-AirAsia Creditcard. Apply now.
> Online Services

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Old August 21st, 2007, 05:28 AM   #839
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AirAsia may order more Airbus planes
August 21 2007

Quote:
The region's biggest discount airline is in talks to exercise some of its 50 options for A320s and take out further options for more of the single-aisle aircraft
AIRASIA Bhd, the region's biggest discount airline, is in discussions to order more planes from Airbus SAS as the carrier considers additional joint ventures to meet rising demand.

AirAsia is in talks to exercise some of its 50 options for A320s and take out further options for more of the single-aisle aircraft, chief executive officer Datuk Tony Fernandes said yesterday. The airline may set up two joint ventures in the region this year, he said, without identifying the countries.

AirAsia, with orders for 150 A320s, is expanding its fleet as it forecasts a 28 per cent increase in passengers next year to about 23 million. The airline may order 25 more A320s valued at US$1.8 billion (RM6.3 billion), two people with knowledge of the deal said on July 2. Some analysts say the company may not need them.

"You don't know how the landscape in travel demand is going to change in five years," said Chris Eng, an analyst at OSK Research with an "outperform" rating on the stock. Some of the additional capacity may not be used, Eng said.

A 25-plane purchase will raise AirAsia's total orders to 175 A320s, as Fernandes bets that regional governments will agree to allow no-frills airlines to add more routes by 2009.

"We certainly would need more aircraft going forward," Fernandes said in the interview in Kuala Lumpur. "We would like more and we would like more quicker."

AirAsia, which has a fleet of 53 planes, is replacing all of its 34 Boeing Co 737s, according to a presentation to analysts in May. The remaining planes are Airbus A320s, and it placed a third order for 50 of the Airbus planes in January, bringing orders for the single-aisle aircraft to 150. - Bloomberg
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Old August 22nd, 2007, 04:15 AM   #840
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Ever wondered what is MH?

http://www.youtube.com/watch?v=HSOjeTkgx0M

(thanks to yamahaboy81)
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