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Old February 1st, 2008, 05:38 AM   #1041
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AirAsiaX to add new Australian routes

AirAsiaX to add new Australian routes
By Steve Creedy February 01, 2008 12:00am


WITH its Gold Coast service up and running, AirAsiaX is looking at routes to Victoria and NSW.

AirAsiaX chief executive Azran Osman-Rani said he has checked out the journey between Newcastle and Sydney to get a personal feel for whether Newcastle could work as a secondary airport for the northern Sydney area.

It is part of a push that Mr Osman-Rani says will see the Malaysia-based long-haul low-cost carrier significantly expand its Australian reach.

The airline, which has 25 Airbus A330-300 aircraft on order, is already flying to the Gold Coast and plans to add Melbourne in October.
The Gold Coast services are reportedly going well, with load factors for December and January averaging 80 per cent. The airline has talked to Melbourne Airport and the Lindsay Fox-owned Avalon Airport, near Geelong, about its next destination.

"Both have their pros and cons but either way we expect to get our first brand new plane around October this year and very likely we'll start our Melbourne service then," Mr Osman-Rani said.

The Victorian and Sydney additions are part of a five-year plan that will eventually see the airline fly to five Australian cities. "Most likely we'll be looking at one city a year," the AirAsiaX chief said, noting that Victoria and NSW would probably be next. But the airline was staying away from Perth for now because of competition from Tiger Airways.

Mr Osman-Rani said he would like to start selling tickets for Victoria from March to capitalise on the increased brand awareness stemming from AirAsia's sponsorship of the Formula One Grand Prix.

"If I can firm up the deal with the airport, what I'd love to be able to do is actually almost commence ticket sales during that Formula One race even though our flight might be in October," he said. "There's a lot of Malaysian and Singaporeans down there and getting that awareness and the big lead time is going to help me fill up the planes.

"We didn't have that luxury with the Gold Coast because we were rushing to get our licence and permits but we've got that all now and it's just a matter of getting the airport deal."

He said the airline had already learned lessons from its Gold Coast service. Australians heading to Malaysia comprised 48 per cent of passengers, with the remainder coming this way from Malaysia and Southeast Asia.
"In the last 10 days of December, we sold out all of our Gold Coast to KL with all the Australians coming up," he said.

"And we couldn't get Malaysians to fly down to balance the flights because they couldn't get a ticket back up to KL until the third week of January because it was all full."

AirAsiaX is also watching Jetstar's short-haul international strategy with interest but does not see it as a competitor for its long-haul services.

"It is a big difference," he said. "You're talking about at least a two-hour difference with transit.

"If they were competing just against a full-service carrier, they could easily pull it off.

"But we come into the market and we keep throwing out our $199 one-way fares direct, that's going to be a challenge to them."

Mr Osman-Rani said the opening up of the Singapore-Kuala Lumpur route to AirAsia was already prompting Singaporeans to travel to Kuala Lumpur and then on to the Gold Coast.

On the Australian end, 11 per cent of the airline's customers were travelling to the Gold Coast from Melbourne and 6 per cent from Sydney.
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Old February 1st, 2008, 03:38 PM   #1042
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AirAsia flying twice daily to Singapore from today
Friday February 1, 2008

KUALA LUMPUR: AirAsia will start its twice-daily flights between the Low-Cost Carrier Terminal (LCCT) and Singapore's Changi Airport today.

The budget carrier’ chief executive officer Datuk Tony Fernandes said the response so far had been impressive with an encouraging volume of bookings both ways.

“It will be a big day for us. The reality that we are finally flying to Singapore has not sunk in yet as we had been waiting for this for a long time,” he told reporters here yesterday.

He said this after signing an MOU with Tafe College Seremban to complement AirAsia’s current engineering programme conducted at the AirAsia Academy.

AirAsia’s flights to Singapore would depart here at 10am and 7.50pm and its return flight would be at 11.30am and 9.40pm.

Fernandes said Malaysia Airlines had held AirAsia back on the Kuala Lumpur-Singapore route.

“Why can’t there be two national champions? Don’t stop us from opening routes. We never stopped them. It is not about the money but as Malaysians, we should be competing and taking on world airlines,” he said.

Fernandes also said AirAsia hoped to fly to India by this year.
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Old February 1st, 2008, 04:22 PM   #1043
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AirAsia introduces online meal order
By Sharon Tan, 01 Feb 2008 2:27 PM

KUALA LUMPUR: Low-cost carrier AirAsia Bhd is introducing online meal order from today as part of its move to enhance customer service, Its group chief executive officer Datuk Tony Fernandes said.

He said AirAsia passengers would be able to order local favourites such as chicken rice and roti canai that would be added to the menu. This online meal booking is already available on AirAsia X Sdn Bhd’s long-haul flights.

“The biggest complaint from people was flights running out of nasi lemak. We can never get it right. It’s either you put many and get wastage or too little and you get angry passengers. Online will help,” explained Fernandes.

On AirAsia’s expansion to the Indian sub-continent market, he said: “This will be the year of South India for us and talks for Amritsar have gone far. Our China routes are doing well and we are ready to take on India.”

On its Singapore route, he said AirAsia would continue to push for more flights, and this would include the Penang-Singapore and Kota Kinabalu-Singapore routes.

“It is crazy we don’t have Singapore. When you talk about tourism (in Sabah), you must have Singapore,” he added. AirAsia would begin to fly to Singapore from KL on Feb 1 with two flights daily.

Fernandes said the low-cost carrier would take delivery of 16 new aircraft this year to compliment its existing fleet of 65.

Asked if AirAsia X is on schedule to fly to Europe, Fernandes said: “We don’t know because we don’t have a plane. There is a discussion on whether we use the A330 but it needs a fuel stop.

“But I think we will still wait for a A340. We can’t find a long-range aircraft right now for the London route.”

He, however, remains optimistic that the London route would take place this year.

Fernandes also said AirAsia X’s Gold Coast route carries about 60% Australian passengers into Kuala Lumpur for connection to other destination.

“January is a low season but we already have 83% load factor,” he added.

On Malaysia Airline Bhd’s (MAS) newly announced business transformation plan, Fernandes said MAS should welcome the opening of skies for AirAsia, and should go upmarket, as there is a strong domestic market and a good regional feed for the national carrier.
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Old February 1st, 2008, 09:37 PM   #1044
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First budget flights take off for KL-Singapore

Budget airlines began flying the Singapore-Kuala Lumpur route Friday, ending 30 years of dominance by the national carriers and, observers say, opening the way for wider liberalisation of the region's air corridors.

Malaysia-based AirAsia, which pioneered regional low-cost travel more than six years ago, was the first to make the 55-minute journey, with a morning departure from Kuala Lumpur (KL).

The flight landed at Singapore's Changi Airport about 12 minutes early with 180 passengers. They included AirAsia's chief executive Tony Fernandes and dozens of other VIPs and AirAsia officials wearing red T-shirts that said, "Finally!"

Fernandes battled six years for his airline to be allowed onto the route. "Today is a watershed in aviation history," he told reporters. The Sydney-based Centre for Asia Pacific Aviation (CAPA) consultancy agreed.

Starting Friday, AirAsia is operating two flights a day linking KL and Singapore
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Old February 2nd, 2008, 05:45 AM   #1045
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MAS bullish on new route
By WANI MUTHIAH
Saturday February 2, 2008

JOGJAKARTA: Malaysia Airlines (MAS) launched its inaugural flight to Jogjakarta, which took off from the Kuala Lumpur International Airport (KLIA) yesterday morning.

On board were paying passengers as well as more than 60 invited guests made up of travel agents, the business fraternity as well as journalists from the Malaysian media.

MAS commercial director Datuk Abdul Rashid Khan, who led the entourage, said the launch was in line with MAS’ vision to expand its presence in key regional markets.

“And the Jogjakarta route has a great potential to contribute towards our profitability,” he added in his speech at KLIA before the flight.

Jogjakarta is the national carrier’s fifth scheduled service destination in Indonesia after Jakarta, Medan, Denpasar and Surabaya.

According to Abdul Rashid, MAS' strategy was to provide direct links between Malaysia and more cities in Indonesia, especially Java, the most populated part of the country.

“We now offer 44 return weekly flights between KLIA and Java,” he said.

Later, at a press conference in Jogjakarta held together with provincial tourism authority head Tazbir, Abdul Rashid said the new route would help connect the Indonesian city with the rest of the world.

“For instance, if someone from Europe wants to visit Jogjakarta, all they need to do is take a direct flight here from KLIA,” he added.

Aside from Borobudur, the oldest Buddhist monument in the world, and Prambanan, one of the largest Hindu temples in South-East Asia, as well as the infamous Mount Merapi, Jogjakarta is also a centre for world-class handicrafts.

Given this, said Tazbir, the Kuala Lumpur-Jogjakarta-Kuala Lumpur route would also benefit entrepreneurs from both countries.

The MAS flight departs KLIA at 9.20am every Tuesday, Friday and Sunday and returns the same day at 11.40am from the Adi Sutjipto Airport.

The flight is operated using a Boeing 737-400 aircraft with 128 economy-class seats and 16 business-class seats.
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Old February 3rd, 2008, 05:38 PM   #1046
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MAS making hospitality its thrust
Saturday February 2, 2008
Stories by RACHAEL KAM
TheStar

MUCH of the national carrier's growth has been in line with the nation's transformation from Malaya into modern Malaysia.

The airline started offering local passenger and cargo flights in 1937 and 11 years later, took off to its first international flight to Bangkok. The carrier was then known as Malayan Airways Ltd (MAL).





MAS aircraft sit in the tarmac at KL International Airport.
The airline plans to train cabin crew to provide travel tips to passengers. – AP



It became Malaysia-Singapore Airlines (MSA) in 1967. The two countries then parted ways and formed Malaysia Airlines System (MAS) and Singapore Airlines (SIA) in 1972.

Over the last six decades, the airline has spread its wings to various destinations worldwide and today, it flies more than 48,000 passengers to over 100 destinations across six continents daily. Its fleet, meanwhile, is one of the newest in the region.

Indeed, MAS, which carries the country's name in its logo, has built a strong name over the years. As the national carrier flies the world, it bears testament to Malaysia's multi-racial society, colourful culture and harmonious way of living.

With aspirations of becoming a world champion in the airline industry over the next five years, MAS is spending RM8mil to RM10mil for its Malaysian Hospitality (MH) campaign to refresh and reposition the brand.

Communication senior general manager Indira Nair said like any other brand, MAS has to be dynamic.

In today's fast-paced world, it is not merely about keeping up with times but staying ahead of the curve, she said.








This is what MAS intends to achieve with MH, which is about constantly finding out what customers value and provide services that meet customers' requirements.

“MH is not just our airline code, it stands for Malaysian Hospitality.

“It is the hospitality of Malaysians that we want to bring to our customers; to make them feel the warmth, friendliness and culture we have in Malaysia when they get on our flights while Malaysians will feel at home,” she told StarBiz.

The MH campaign includes internal and external activities that relate to the brand's new look. The activities involve a lot of training and brainstorming sessions for staff, positioning programmes, brochures/leaflets/MH magazines as well as billboards, print advertisements and TV commercials.

In conjunction with the launch of the MH campaign, MAS has continuous training and workshops for employees and has come out with refreshing and colourful advertisements and TV commercials that reflect the hospitality of Malaysians.

The airline has also changed all its overhead bridge billboard advertisements in the country.

“Nevertheless, we think a brand is built over time and it is about the experience customers have with the brand; it is not merely advertising.









“The whole idea behind the campaign was to build on what we already had and to make it stronger.

“Our strategy is to offer a unique Malaysian experience and distinct offerings, which are aligned to the nation's aspirations,” she said.

However, MAS does not have a global brand campaign due to a limited budget.

The campaign, which is part of MAS' business transformation plan, aims at giving customers a seamless and hassle-free travel experience that is imbued with graciousness and warmth.

“When customers talk about hospitality, they are looking for the basics. They want to feel important, be treated well and with respect.

“We believe we need to treat every passenger as we would treat a guest in our own homes,” Indira said.

She stressed that the MH campaign is an area in which MAS can work with the Tourism Ministry. This is because often when passengers get aboard, their experience would be the first impression they get of Malaysia.

“We are looking at Tourism Malaysia to make Malaysian hospitality something that every Malaysian can 'own', and that would be even more amazing.”

According to feedback received by MAS, a lot of passengers felt Malaysian cabin crew are knowledgeable and more street-wise, and able to better answer questions than crew members of some other airlines.

To better inform MAS' passengers about their travel destinations, the airline also plans to select and train cabin crew who are familiar with different destinations, to provide travel tips to passengers.

For instance, if one is onboard a flight to Melbourne, crew members might be able to advise on the best place to eat and shop, Indira said, adding that this “extra service” should be extended to all passengers.
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Old February 4th, 2008, 10:34 AM   #1047
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February 04, 2008 14:42 PM

Airasia X Launches KL-Hangzhou Services At LCCT


KUALA LUMPUR, Feb 4 (Bernama) -- AirAsia X, the pioneer of low-cost, long-haul air travel, Monday began its Kuala Lumpur-Hangzhou service at the Low-Cost Carrier Terminal (LCCT) of the Kuala Lumpur International Airport (KLIA).

"We're extremely pleased with the reception we've received since announcing that AirAsia X will be the first airline to service Hangzhou from Kuala Lumpur," said chief executive officer Azran Osman-Rani in a statement.

With a promotional RM99 fare, 10,000 seats valued at over RM5 million have been snapped up for travel in February and March.

The initial success of the five-weekly Hangzhou service follows AirAsia X's first international destination, the Gold Coast in Australia for which 60,000 seats have been sold and flights frequently at near-full capacity months since the first flight on Nov 2, Azran said.

The focus on secondary airports led AirAsia X to select Hangzhou airport, which serves six million Hangzhou residents, 80 million in Zhejiang province and is also a secondary airport to key cities such as Shanghai, Suzhou, Nanjing and Wuhan, he added.

AirAsia X is offering fares for one-way travel between Kuala Lumpur and Hangzhou starting from RM199 or 479 yuan.

Passengers can book online at www.airasia.com.
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Old February 4th, 2008, 10:51 AM   #1048
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RE: AirAsiaX to add new Australian routes

It would be preferable if Air Asia X offered flights to Sydney Kingsford Smith rather than Newcastle Airport as it is quite far away from Sydney and may not be feasible for a lot of Sydney residents. If they were to use Kingsford Smith they would access to a larger market and Kingsford Smith is more accessable for Sydney residents, despite the higher landing costs.
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Old February 4th, 2008, 06:32 PM   #1049
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Well Sukkiri, the problem is the cost to operate from SYD Kingsford Smith is incredibly high compared to secondary airfields. This is the same reason on why Air Asia is operating from Gold Coast airport instead of Brisbane, and Clark Manila instead of Ninoy Aquino International... distance from the main city is no hindrance in getting high number of pax-- Gold Coast flights are always full from what media says

Air Asia caters mostly to.... tourists... adventurous tourists.
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Old February 5th, 2008, 08:07 AM   #1050
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AirAsia X to Reveal Foreign Partners

AirAsia X to Reveal Foreign Partners
2008-02-04
New Straits Times
By Anna Maria Samsudin

AIRASIA X will reveal the two foreign investors who will take a combined 20 per cent stake in the long-haul budget airline valued at US$75 million (RM242 million) on February 14, says chief executive officer Azran Osman Rani.

The ceremony, which will be graced by Prime Minister Datuk Seri Abdullah Ahmad Badawi, will officially introduce its Middle Eastern and Japanese partners who will hold 10 per cent each in the airline.

"This is an exciting development as it reflects foreign investors' level of confidence in our business model," Azran told reporters in Sepang yesterday, after launching the airline's maiden Chinese flights between Kuala Lumpur and Hangzhou.

Its existing investors include budget carrier AirAsia Bhd as well as British tycoon Sir Richard Branson, holding 20 per cent in AirAsia X, respectively.

AirAsia X, which was launched in January last year, is currently valued at US$375 million (RM1.2 billion), based on its budget long- haul business model.

Proceeds from its recent share sale will be used to partly finance its aircraft purchases, comprising 15 firm orders of A330s, with a total value of US$2.63 billion (RM8.5 billion) based on a catalogue price of US$175 million (565 million) per plane.

Meanwhile, Azran said AirAsia X is in the process of determining the second destination for both its Australian and Chinese services and is currently talking to authorities from the countries for this move.

The next Australian destination it plans to operate is either Perth, Melbourne or Newcastle while for China, it is looking to fly to Tianjin or Chengdu.
He said the airline hopes to operate these new routes by September or October this year, upon the delivery of its new A330s.

"The biggest challenge in offering these new flights is getting the landing rights. We are still talking to the respective authorities. Hopefully, we will be able to secure the rights within one to two months," he added.

On its maiden Chinese service, AirAsia X is offering passengers as low as RM199 for a one-way travel between Kuala Lumpur and Hangzhou.

To date, the airline has already sold 10,000 seats - valued at over RM5 million - for travel in February and March, under its RM99 airfare promotion that was announced on January 15.

The overwhelming response to its five times weekly Hangzou route is in synch with the success of its maiden international flight to Gold Cost, Australia, where 60,000 seats have been sold in the past couple of months since the launch of the service on November 2 last year.
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Old February 5th, 2008, 03:13 PM   #1051
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AirAsia X flies to Hangzhou
Tuesday February 5, 2008

KUALA LUMPUR: AirAsia X began operating flights between Kuala Lumpur and Hangzhou in China, the low-cost carrier's second foreign destination.

The first flight left KL International Airport's low-cost carrier terminal yesterday morning.

Hangzhou is located about two hours from Shanghai by bus.

AirAsia X chief executive officer Azran Osman-Rani joined the passengers on the first flight.

The company, in a press release, said that more than 10,000 seats valued at some RM5mil had been snapped up for between February and March.
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Old February 5th, 2008, 05:22 PM   #1052
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10,000 Seats to Hangzhou Snapped Up: AirAsia X expands with second international route

4 February 2008

10,000 Seats to Hangzhou Snapped Up: AirAsia X expands with second international route

Kuala Lumpur, 4th February 2008 – AirAsia X, the pioneer of low-cost, long-haul air travel, today commemorated the official launch of its inaugural Kuala Lumpur – Hangzhou flight at the Low-Cost Carrier Terminal (LCCT), Kuala Lumpur International Airport. Following its much anticipated announcement of this second international destination on the 15th of January with promotional RM99 fares, 10,000 seats valued at over RM5 million have been snapped up for travel in February and March, ahead of today’s first flight in the run up to the upcoming Lunar New Year..

The pioneer passengers were welcomed upon check-in by AirAsia X CEO, Azran Osman-Rani, clad in a festive red Chinese outfit. He received mandarin oranges and was entertained by a traditional lion dance, adding to the festive atmosphere in the packed LCCT. Azran subsequently joined the passengers on the flight where he was received at Hangzhou Airport by senior city and airport officials, eager to welcome the first direct international service from Kuala Lumpur and Southeast Asia.

This initial success of the five-weekly Hangzhou route follows back to the AirAsia X’s first international destination to the Gold Coast, Australia, where 60,000 seats have been sold and flights frequently at a near-full capacity in the past couple of months since the first flight on 2 November. A survey of AirAsia X passengers by the Gold Coast Airport indicates that 45% are destined for the Gold Coast, 35% for Brisbane, and the remaining passengers use Gold Coast Airport as a convenient transit to final destinations in New South Wales, Melbourne, Adelaide, and New Zealand. This proves that it is a viable alternative airport for Brisbane residents.

The use of secondary airports provided AirAsia X with the impetus to select Hangzhou airport, where it can serve not only the 6 million residents of Hangzhou and 80 million in its Zhejiang province, but also serve as a secondary airport to key cities such as Shanghai, Suzhou, Nanjing and Wuhan, each with convenient ground transportation links from Hangzhou.

Hangzhou itself is poised to receive a major tourism boost with this AirAsia X service, as it welcomes visitors from Malaysia, Southeast Asia and Australia from AirAsia’s leading low-cost network. Hangzhou is regarded as the tourism capital of China, with its natural beauty and historical and cultural heritage. Known as one of the cradles of Chinese civilization, Hangzhou has a history of more than 2200 years and is one of seven ancient Chinese capitals. It is also the centre for its famous Longjin green tea and silk.

“We’re extremely pleased with the reception we’ve received since announcing that AirAsia X would become the first airline to service Hangzhou from Kuala Lumpur,” Azran said. “Hangzhou marks the starting point of our extended network of cities in mainland China. As our first northern China destination, this route compliments existing AirAsia routes in Southern China.”

AirAsia X is offering fares for one-way travel between Kuala Lumpur and Hangzhou starting from a low RM199.00* or CNY$479. Passengers can book online at www.airasia.com * All fares quoted are excluding airport taxes, surcharges and fees, and are applicable for one way travel.

“The launch of this second route in three months, alongside our super low fares, is testament to AirAsia X’s goal to make international travel accessible for all travelers,” Mr Osman-Rani said. “It is an important addition to our expanding network and opens up yet another option for passengers who are increasingly using Kuala Lumpur as a connecting gateway or jumping-off point for Asia.”

This launch also coincides with the Chinese New Year and offers the opportunity for people to renew social ties between families and friends during this festive period.

AirAsia X is the extension of AirAsia’s successful short haul low cost model in South East Asia. It aims to build on AirAsia’s tradition of revolutionizing the short haul, low cost carrier model by introducing a number of features unique to the long-haul service. The airline will bring independence to the long-haul low cost travellers by providing an innovative product offering, ensuring passengers will enjoy a level of comfort and convenience suited for long-haul travel.

AirAsia X offers passengers the choice of flying Economy in a 32-inch seat (similar to many airlines) or XL in a 52-inch seat, XL seats cost about twice the average Economy fare.

FLIGHT SCHEDULE FOR KUALA LUMPUR- HANGZHOU

Flights From Departure/ Arrival
Flight No.
Frequency

Kuala Lumpur to Hangzhou
08:10 / 13:00
D72602
Monday, Wednesday & Friday

Kuala Lumpur to Hangzhou
17:25 / 22:15
D72604
Tuesday & Saturday


FLIGHT SCHEDULE FOR HANGZHOU - KUALA LUMPUR

Flights From
Departure/ Arrival
Flight No.
Frequency

Hangzhou to Kuala Lumpur
14:00 / 19:00
D72603
Monday, Wednesday & Friday

Hangzhou to Kuala Lumpur
23:15 / 04:15
D72605
Tuesday & Saturday

Last edited by aseantraveler; February 5th, 2008 at 05:28 PM.
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Old February 6th, 2008, 03:51 AM   #1053
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Thai AirAsia to make 1b baht investments

Published: 2008/02/05


THAI AirAsia is expected to make additional investments amounting to one billion baht (100 baht = RM9.81) over the next 10 years in line with its current plans to replace the existing ageing fleet of B737-300s with new Airbus A320 aircraft.

These will include expanded staffing, training/conversion costs, purchase of supporting equipment, acquisition of aircraft and engine spares and enhancement of maintenance capabilities to cater for a much bigger and newer fleet of aircraft.

This information was given by AirAsia in a statement yesterday to clarify a recent news article. The airline said Thai AirAsia's chief executive officer, Tassapon Bijleveld, was misquoted in the article.

Although Thai AirAsia is expected to slip into a loss position for the financial year 2007, Thai Airasia has not lost one billion baht in 2007 as reported, it said.

A loss is expected due mainly to intense competition in Thailand through rampant undercutting combined with adverse effects of higher fuel cost, and once-off charge attributable to a change in accounting policy in relation to accounting for maintenance reserves to be in line with industry practice, it said.

AirAsia Bhd had already adopted the new accounting policy earlier, it said, adding that it was confident of the underlying business operations in Thailand and that its fundamentals were solid. - Bernama
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Old February 6th, 2008, 03:32 PM   #1054
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AirAsia X rakes in over RM5m for KL-Hangzhou route
05 Feb 2008 10:58 AM

KUALA LUMPUR: Low-cost long-haul carrier, AirAsia X has raked in over RM5 million from 10,000 seats for travel between here and Hangzhou, its second international destination, in February and March.

“We are extremely pleased with the reception we have received since announcing that AirAsia X would become the first airline to service Hangzhou from Kuala Lumpur.

“Hangzhou marks the starting point of our extended network of cities in mainland China. As our first northern China destination, this route complements existing AirAsia routes in southern China,” AirAsia X chief executive officer Azran Osman-Rani said in a statement issued yesterday in conjunction with the inaugural KL-Hangzhou flight.

He said the use of secondary airports provided AirAsia X with the impetus to select Hangzhou airport, where it could serve not only the six million residents of Hangzhou and 80 million in its Zhejiang province, but also serve as a secondary airport to several key cities.

Azran said the initial success of the five-weekly Hangzhou route followed its first international destination to the Gold Coast, Australia, where 60,000 seats had been sold and which had seen flights frequently at near-capacity since the launch on Nov 2.

He said a survey of AirAsia X passengers by the Gold Coast Airport indicated that 45% were destined for the Gold Coast, 35% for Brisbane and the remaining passengers used the airport as a transit to destinations in New South Wales, Melbourne, Adelaide and New Zealand.
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Old February 7th, 2008, 02:50 PM   #1055
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We Fly (Malaysia Airlines Theme - Original Version)









Malaysia Airlines: (TVC) Beyond Expectations



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Old February 8th, 2008, 04:47 PM   #1056
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by nahcnivek
spectacular view of the Sarawak River Before landing at Kuching international airport (KIA)

image hosted on flickr


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Old February 14th, 2008, 08:21 AM   #1057
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February 14, 2008 14:22 PM

AirAsia X Chooses Manara & Orix As New Investors


KUALA LUMPUR, Feb 14 (Bernama) -- Bahrain-based Manara Consortium and Japan-based Orix Corp have taken a total 20 percent stake in long haul low-cost carrier AirAsia X Sdn Bhd for RM250 million.

Manara and Orix will each receive 16.7 million newly issued common shares of AirAsia X or 10 percent of the long haul low-cost carrier's equity.

AirAsia X chief executive officer Azran Osman-Rani said today the stake represents an important phase of AirAsia X's growth plans as proceeds raised will enable the airline to fund aircraft orders already placed with European airplane maker Airbus and for further fleet expansion.

"We believe that AirAsia X is now well-placed to further enhance its reach to destinations in the Middle East and North Asia, and to continue to revolutionise the long-haul travel market by providing everyday low fares," he said in a statement here.

"This investment will allow AirAsia X to expand its fleet with new generation aircraft and further strengthen Malaysia's leading position as Aseans low cost carrier hub."

AirAsia X chairman Datuk Seri Kalimullah Hassan noted that Manara and Orix were selected due to the strategic nature of their investment and their ability to bring much more than just financial clout to the table.

"It is important that AirAsia X select partners which allow the company to continue to keep costs low and grow rapidly," he stressed.

"Manara will allow AirAsia X greater access to the fast-growing Middle East region while Orix will contribute its significant expertise in aviation finance and leasing."

The Manara Consortium comprises of four leading Saudi investment groups who together with 3i Group plc, have sponsored the Manara Infrastructure Fund to invest in infrastructure projects, including airlines and airports, in Islamic countries.

Manara Consortiums investment in AirAsia X will later be transferred to the Manara Infrastructure Fund.

Orix, along with its subsidiary Orix Aviation, a leading aircraft owner and lessor in Ireland with a portfolio of over 130 aircraft, will undertake its investment through its investment vehicle in Ireland. Orix is also a shareholder in Skymark Airlines, Japans leading low cost carrier.

Aero Ventures Sdn Bhd and the Virgin Group will hold a 48 percent and 16 percent stake in AirAsia X respectively, while AirAsia Bhd will maintain a 16 percent stake through its holdings of redeemable convertible preference shares.

-- BERNAMA
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Old February 15th, 2008, 06:15 AM   #1058
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New investors to help AirAsia X gain Mideast foothold

Published: 2008/02/14

AIRASIA X Sdn Bhd's two new investors, Manara Consortium and Orix Corp, will help the carrier gain a foothold in the Middle East region as well as import some expertise in aviation finance and leasing.

"We believe that AirAsia X is now well-placed to further enhance its reach to destinations in the Middle East and North Asia, and to continue to revolutionise the long-haul market by providing everyday low fares," AirAsia chief executive officer Azran Osman-Rani said in a statement yesterday.

AirAsia X chairman Datuk Seri Kalimullah Hassan said there were a bevy of financial investors eager to invest in the company, but Manara and Orix were selected because of the strategic nature of their investment and their ability to bring much more than just financial clout to the table.

"It is important that AirAsia X select partners which allow the company to continue to keep costs low and grow rapidly," Kalimullah said in a statement yesterday.

Manara and Orix are each buying 16.7 million new shares in AirAsia X for a total sum of RM250 million.

Following the issuance, Manara and Orix each have a 10 per cent interest in AirAsia X, Aero Ventures Sdn Bhd will hold 48 per cent and the Virgin Group a 16 per cent stake.

AirAsia Bhd will maintain a 16 per cent stake in the company through its holdings of Redeemable Convertible Preference Shares.

Manara comprises of four leading Saudi investment groups which together with 3i Group Plc have sponsored the Manara Infrastructure Fund to invest in infrastructure projects, including airlines and airports in Islamic countries.

Manara's investment in AirAsia X will later be transferred to Manara Infrastructure Fund.

"We know the core team led by Datuk Tony Fernandes and Kamarudin Meranun extremely well from an earlier involvement with AirAsia, and we have no doubt that they are best placed to make the yet untested long-haul, low-cost concept another exemplary success to emulate," Manara's representative to the board of AirAsia X, Adeeb Ahmad, said.

Orix, along with its subsidiary Orix Aviation, an aircraft owner and leaser in Ireland with a portfolio of over 130 planes, will execute the deal through its investment vehicle in Ireland.

Orix is also a shareholder in Skymark Airlines, Japan's leading low-cost carrier.

Credit Suisse acted as the exclusive financial advisor and Logan Sabapathy & Co acted as the legal advisor to AirAsia X.
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Old February 15th, 2008, 04:11 PM   #1059
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Malaysia Airlines launched new online ticketing system..check it out..
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Old February 15th, 2008, 05:27 PM   #1060
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Their website is getting better and nice!
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