daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > Infrastructure and Mobility Forums > Airports and Aviation

Airports and Aviation » Airports | Photos and Videos



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old September 13th, 2008, 09:07 AM   #1261
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

Malaysia Airlines a new breed of hybrid carrier: Idris
From Kang Siew Li Published: 2008/06/05 BusinessTimes



ISTANBUL: Malaysia Airlines (MAS) said it has evolved into a new breed of hybrid carrier, which blends the traditional full-service carrier traits with that of low-cost carriers (LCCs).

"We continue to offer our customers five-star services, but at the same time competitive and affordable fares. Once you start doing that, you enter into a different league," MAS chief executive officer and managing director Datuk Seri Idris Jala told Malaysian reporters on the sidelines of the International Air Transport Association's (IATA) 64th Annual General Meeting and World Air Transport Summit here.

He described MAS' current business model as being between full-fledged full-service airlines such as Cathay Pacific Airways and Singapore Airlines (SIA) and LCCs like AirAsia Bhd.

"Today no (network carriers) has done what we have done. Take for example our 'Everyday Low Fares' campaign. We are creating a new market, attracting people who have never flown on MAS or AirAsia before and I predict this market to be quite big," he added.

Previously, moves by MAS including the introduction of meal boxes for economy class passengers on its regional short-haul flights and the "Everyday Low Fares" campaign had brought confusion over the national carrier's business focus and were seen as moving away from the business model that made it successful.

At the same time, AirAsia has called on the carrier to stop competing in its market and concentrate on the premium, full-service market.

"The airline industry's operating environment has become very tough and most airlines recognise that this is the worst in the history of the airline business. I believe we can overcome this difficult period, but we have to be relentless about reducing our costs from where we were before. We must choose a different game (to remain competitive and sustainable)," said Idris.

On Monday, IATA chief Giovanni Bisignani had warned that tough times were ahead for the global aviation industry and rocketing fuel prices have forced the world airlines group to downgrade its industry profit to a loss of US$2.3 billion (RM7.4 billion) based on an average oil price of US$106.5 (RM344) a barrel.

Idris said MAS' five-year business transformation plan (BTP2) plays a key role to ensure the carrier pulls through difficult times.

"We will expedite (our BTP2) even more. Although we have successfully turned around, if we run our business as it is now, we will not be able to weather the storm because oil prices have gotten so high. We have got to transform ourselves and quicken the pace," he added.

On losing its premium customers to full-fledged airlines such as Cathay Pacific and SIA as they continue to improve their premium products while MAS focuses on reducing costs, Idris said MAS would buy new aircraft as part of its long-term plan to provide for market growth and for replacement of existing aircraft.

It has ordered 35 new 737-800s with an option to buy 20 more, of which the first will be delivered in September 2010. However, it is reviewing its plans to buy new wide-body planes to replace its ageing B777 and B747 fleet because of high fuel prices.

"But between now and 2010, we have to be content with the existing fleet. (To ensure that we do not lose our premium customers), we are spending money to refurbish the cabins of all aircraft with new seat covers and carpets. We are also changing the crew's uniform to make it more contemporary but still keep the batik and kebaya. The colour will be brighter.

"It will be a cosmetic change, not a total retrofit as that will involve a lot of money and would require five to seven years to recover the cost. The target plan is to complete the entire exercise by the end of January next year," he said, adding that the exercise will be funded internally. Its cash reserve currently stands at RM5 billion.

"In the course of next year, we are also looking at introducing other projects that will be good for the customers," said Idris.
nazrey no está en línea   Reply With Quote

Sponsored Links
Old September 13th, 2008, 09:59 PM   #1262
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

Source : http://www.malaysiaairlines.com/

nazrey no está en línea   Reply With Quote
Old September 14th, 2008, 10:17 PM   #1263
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

MAS, Etihad Airways in code-share pact
Published: 2008/09/15 BusinessTimes

MALAYSIA Airlines (MAS) has signed a code-share deal with Etihad Airways and the flights will start on September 29.

Under the agreement, MAS will place its "MH" code on flights operated by Etihad between Abu Dhabi and Bahrain and Doha in the Gulf region.

In turn, the Abu Dhabi-based airline will place its two-letter "EY" code on MAS' flights between Kuala Lumpur, Kota Kinabalu, Penang, Kuching and Langkawi.

This follows the signing of a memorandum of understanding between Malaysia Airlines and Etihad Airways in May this year. MAS now has 25 code-share alliances.

"This code-share arrangement with Etihad is timely as Malaysia is a favourite destination for visitors from the Middle East as well an ideal transit country when they travel to our destinations in the Asean, the Orient and Australia/New Zealand.

"With a steady increase in tourist arrivals over the years from the Gulf Cooperation Council countries, we hope to tap on this partnership to further increase the passenger numbers from that region not only to Malaysia but to our destinations beyond," MAS managing director Datuk Seri Idris Jala said in a statement.

Etihad now operates six weekly Boeing B777 flights to the Malaysian capital.

"Asia is an important market for Etihad and there is huge demand among our customers to travel beyond the Malaysian capital, which this new code-share agreement now allows," said Etihad Airways chief executive James Hogan.
nazrey no está en línea   Reply With Quote
Old September 16th, 2008, 11:52 AM   #1264
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia opens sale for Kuala Lumpur-Manado route
September 2008 Centre for Asia Pacific Aviation

AirAsia announces that it will be opening for sale a new route to Manado, a province in Indonesia from Kuala Lumpur. AirAsia is set to commence its inaugural flight with three direct weekly flights to Manado on 12-Sept-08.

Jointly, Manado is the low-cost carrier’s 15th destination and AirAsia is the first international airline to service the route from Kuala Lumpur.

Dato’ Sri Tony Fernandes, Group CEO, AirAsia Berhad said “We are delighted to be the first international airline to service this route from Kuala Lumpur as the city is the gateway to Southeast Asia. Now, our guests in North Sulawesi can also take advantage of our vast network to over 102 routes to Asean and the rest of Asia. AirAsia is by far the largest low cost carrier in Asia which provides good connectivity to our guests. With this new air connectivity, the people of Manado will have a better access to more low-cost alternatives where AirAsia champions and also to other international routes where our long-haul affiliate, AirAsia X flies to and from Kuala Lumpur as we have ease point to point travel for our guests. And not forgetting, we have brand new and modern fleet in this region fitted with leather seats, spacious cabin, an array of hot meals to choose from, high quality service, the recently introduced on time guarantee, fun and friendly cabin crew, now that’s real 5-star.”

To celebrate the open for sale for this route, AirAsia will be offering a promotional fare from as low as RM49* for the booking period from 22-27 Jul-08 for the travel period from 12-Sept-08 – 30-Apr-09.
nazrey no está en línea   Reply With Quote
Old September 16th, 2008, 11:54 AM   #1265
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia offers 5,000 free seats for Hong Kong route
Published: 2008/09/16

AIRASIA is offering 5,000 free seats in conjunction with the launch of its direct daily flight between Hong Kong and Bangkok on its brand new Airbus 320.

In a statement today, the largest low cost carrier in Asia said the offer was available only online at AirAsia’s website within the booking period from tomorrow until Sept 21 for the travel period from Oct 26 until March 28, 2009.

“The launch of our direct daily flight between Hong Kong and Bangkok will work hand-in-hand with our existing connections, especially our Hong Kong to Kuala Lumpur route, and will further strengthen our position in Asean, China and Australia,” the regional head of commercial AirAsia, Kathleen Tan, said.

AirAsia has continued to buck up industry trends with its rapid expansion plans and has grown its regional network considerably in the past months offering leading low cost-service to meet the increased demand from business and leisure travellers alike.

“The Hong Kong - Bangkok route will provide increased access to Thailand for the huge tourism market in China,” she said. For more information log on to www.airasia.com. — Bernama
nazrey no está en línea   Reply With Quote
Old September 16th, 2008, 11:56 AM   #1266
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

MAS offers one-way fare of RM252 to Melbourne
Published: 2008/09/16 BusinessTimes

IN conjunction with its Everyday Low Fares campaign, Malaysia Airlines is offering a one-way ticket of RM252 to Melbourne between now and September 23.

Due to demand from customers, MAS is also offering low fares to Hong Kong, Hanoi, Bali and Siem Reap, said MAS commercial director Datuk Abdul Rashid Khan.

He said the lowest Everyday Low Fares on offer is from RM2 for travel from Kota Kinabalu to Labuan, Tawau, Sandakan, Singapore, Cebu, Bandar Seri Bengawan and Guangzhou.

The low fares are also available for the Kuching to Bintulu, Miri, Sibu and Singapore as well as from Kuala Lumpur to Johor Baru, Kuantan, Jakarta, Yogjarkarta, Bangkok, Phuket and Ho Chi Minh City routes.

These special fares are available exclusively at www.malaysiaairlines.com
nazrey no está en línea   Reply With Quote
Old September 17th, 2008, 09:51 PM   #1267
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

MAS union wants govt to revise circular
Published: 2008/09/18 BusinessTimes

THE Malaysia Airlines System Employees Union (Maseu) has called on the government to revise a circular on the list of airlines, besides Malaysia Airlines (MAS), providing domestic flights for civil servants on official duties.

Maseu executive secretary Mustafar Maarof said the revision is necessary as airlines like Fly Asian Xpress (FAX) and Pelangi Airways, which are still in the list, no longer operate domestic flights.

Mustafar said the circular, issued by the Treasury in January 2007, was still applicable until today.

FAX no longer operates domestic flights in Sabah and Sarawak and the service had been taken over by MASwings while Pelangi Airways had already ceased operations, he said in a statement.

Maseu also suggested that the government allow civil servants to fly only MAS when on official duties.

He also said that Firefly, a MAS subsidiary, should be included in the list of airlines providing domestic flight for government employees on official duties.
nazrey no está en línea   Reply With Quote
Old September 17th, 2008, 09:53 PM   #1268
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

Challenging times for MAS: AmResearch
Published: 2008/09/18 BusinessTimes

AMRESEARCH Sdn Bhd initiated coverage on Malaysia Airlines (MAS) yesterday with a 'sell' call due to the challenging industry outlook.

The research house set a target price of RM2.96 per share, with valuations based on a forward price to earnings of 10.5 times for financial year ending 2009.

AmResearch said MAS' passenger load factor for the first six months of 2008 was down 2.4 per cent to 68.1 per cent from the previous corresponding period.

It added that although MAS had turnaround successfully, more time was required for it to catch up with other regional full service carriers in the premium market segment and compete for growth rather than mere survivability.

Also, passenger traffic contraction this year came largely from its international routes whereas domestic routes grew 3.5 per cent. The research house added that while MAS yields hovered around the industry average, it may not be sustained moving forward.

"In fact, both yields and load factors could come under pressure given the imminent liberalisation of Asean skies from the end of this year which means rapid incoming capacity into the region at a time of faltering demand," the report said.

AmResearch also said that MAS was the only airline among its competitors to consistently experience negative year-on-year revenue-passenger-kilometre growth throughout the year.

While it highlighted that MAS has remained profitable amid the industry crisis, AmResearch expressed concern on the sustainability of MAS' current cost- cutting strategy and the impact it could have on future demand and branding of MAS products.

AmResearch also added that MAS' string of fuel surcharge hikes could cause further damage to its load factor and passenger traffic.

AmResearch expects a 42.3 per cent drop in earnings for financial year ending 2008 but a 46.4 per cent improvement to RM473 million for the subsequent fiscal year. This is based on expectations of lower fuel prices at an average of US$95 per barrel against US$100 per barrel for FY08.
nazrey no está en línea   Reply With Quote
Old September 18th, 2008, 11:26 AM   #1269
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia Takes Delivery Of Its 50th A320 Aircraft
September 18, 2008 14:17 PM

KUALA LUMPUR, Sep 18 (Bernama) -- AirAsia has received its 50th new A320 aircraft from Airbus and it will be operated out of Jakarta by AirAsia Indonesia as part of the growing route network.

In a statement, Airbus said the A320s are steadily replacing AirAsia's Boeing 737 fleet across its network, currently covering Malaysia, Indonesia and Thailand.

It said for AirAsia's Indonesian operation, the aircraft would initially be operated on the Jakarta to Batam, Padang, Balikpapan and Denpasar routes.

Altogether, AirAsia has placed orders for 175 aircraft for use by airlines within the group, making it one of the largest customers in the world for Airbus' best selling single aisle product line.

"We are also delighted to see this partnership between our two companies expand with the addition of a new A320 base in Jakarta," said Airbus chief operating officer, John Leahy.

-- BERNAMA
nazrey no está en línea   Reply With Quote
Old September 19th, 2008, 09:24 AM   #1270
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

MAS tops two travellers awards
Friday September 19, 2008 TheStar

PETALING JAYA: Malaysia Airlines (MAS) has won two awards in a recent poll conducted by Alpha South East Asia, a Hong Kong-based investor-focused publication.

The airlines was voted “Preferred Airlines for Travelling to the Middle East from South-east Asia” and for operating the “Best Airport Lounge in South-east Asia”.

The voters were South-east Asia business travellers, whom publication chief executive officer Siddiq Bazarwala said had “unique expectations” and no longer interested in “off-the-shelf” services.

MAS commercial director Datuk Rashid Khan said they were “delighted” with the poll results.

“We are consistently striving for service and product excellence and the results are testament to our efforts to satisfy our customers,” he said.
nazrey no está en línea   Reply With Quote
Old September 19th, 2008, 12:03 PM   #1271
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia aims to fly to Japan next year
Published: 2008/09/19

The carrier appears to be planning to set airfares for its Japan-bound flights at 50 to 60 per cent lower than those offered by major airlines

TOKYO: Visiting AirAsia chief executive officer Datuk Seri Tony Fernandes said yesterday the Kuala Lumpur-based discount airline intends to launch flight services to Japan in 2009, Jiji Press reported.

Fernandes told a press conference here that the Japanese market has enormous potential, adding that AirAsia hopes to help increase the number of Malaysian tourists to Japan.

The firm appears to be planning to set airfares for its Japan-bound flights at 50 to 60 per cent lower than those offered by major airlines.

To celebrate the launch of Japan flights, AirAsia plans to offer US25 one-way tickets for flights between Japan and Malaysia.

AirAsia is considering launching flights to Tokyo International Airport at Haneda and an airport now under construction in Ibaraki Prefecture, northeast of Tokyo.

The company also hopes to start services to such major Japanese cities as Sapporo, Nagoya, Osaka and Fukuoka in the future.

AirAsia is the leading low-cost airline in Southeast Asia. — Bernama
nazrey no está en línea   Reply With Quote
Old September 24th, 2008, 10:34 AM   #1272
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

Web and kiosk check-in for MAS customers by year-end
Published: 2008/09/24

Customers can also select their preferred seats online 24 hours before flight departure and print their boarding passes

MALAYSIA Airlines (MAS) customers in Malaysia will be able to check-in via the web and self-serve kiosks for all international travel by year-end.

In a statement today, senior general manager (transition management), Dr Amin Khan, said international customers would be able to do web check-in by next year.

“They can also select their preferred seats online 24 hours before flight departure and print their boarding passes,” he said.

Amin said customers using the web and kiosk check-in could also drop off their baggage, if any, at designated airport counters.

He said MAS customers for Asean destinations could now bypass the queues by checking in via the web or kiosks located at the Kuala Lumpur International Airport to simplify passenger travel.

“These two check-in services are now available for travel to 16 cities such as Bangkok, Singapore, Jakarta, Manila, Phnom Penh in addition to all destinations in Malaysia,” he said. — Bernama
nazrey no está en línea   Reply With Quote
Old September 26th, 2008, 07:06 AM   #1273
pedang
One Malaysia
 
pedang's Avatar
 
Join Date: Dec 2005
Location: Lembah Klang
Posts: 3,028
Likes (Received): 83

AirAsia X is awarded world's best new airline
BERNAMA

KUALA LUMPUR, Fri:

AirAsia X, the low-cost, long-haul affiliate of AirAsia, has made Malaysia proud after being named the winner of the “Best Newcomer” Award at the prestigious 2008 Budgie World Low-Cost Airline Awards held last night at the London Queen Elizabeth II Centre.

AirAsia X, whose shareholders include the Virgin Group, was commended for its ground-breaking new business model and excellence in launching its services across Asia Pacific.

AirAsia X beat British Airways subsidiary airline, Open Skies, as well as Jin Air and K-Rabi, to the “Best Newcomer” accolade.

It also received the highest number of nominations among all entries. In total, AirAsia Group was shortlisted in four categories, including “Best Low Cost Airline”, “Best Low Cost Airline: Asia Pacific” and “CEO of the Year”.

Since its inaugural flight to Australias Gold Coast in November 2007, AirAsia X has announced daily flights to Hangzhou, China, Melbourne and Perth, with plans to launch services to London as early as next year.

At the ceremony to receive the award, Azran Osman-Rani, CEO AirAsia X, said: “It is a great honour for us to receive this award and be in the same peer group with other winners such as Southwest Airlines, EasyJet and Virgin Blue.

“The recognition of our pioneering model proves that Malaysian companies can succeed in the global marketplace. Were proud to keep the Jalur Gemilang flying high,” he said in a statement from London to Bernama today.

Azran said despite tough market conditions in 2008, AirAsia X has provided its guests with lowest fares to long-haul destinations many have never had the opportunity to travel before, alongside an enhanced travel experience, including comfortable leather seats and a newly launched “5 star” menu.

“The result has been tremendous and we have already recorded load factors of over 300,000 passengers since inception,” he said.

Present was Datuk Seri Tony Fernandes, AirAsia Group CEO and founder of AirAsia X.

The Budgie World Low-Cost Airline Awards recognises leaders, innovators and pioneers in the global low-cost aviation industry.

This year's awards were judged by renowned industry consultants including John Hanlon, secretary-general of European Low Fare Airline Association, John Strickland, CEO of JLS Consulting, Jay Sorensen, CEO of IdeaWorks and Peter Harbison, Executive Director of Centre for Asia Pacific Aviation.
__________________
MALAYSIA
pedang no está en línea   Reply With Quote
Old September 26th, 2008, 09:46 AM   #1274
rizalhakim
PROUD 2 B MALAYSIAN
 
Join Date: Nov 2007
Location: KL
Posts: 38,089
Likes (Received): 2480

AirAsia X Awarded Worlds Best New Airline 2008


KUALA LUMPUR, Sept 26 (Bernama) -- AirAsia X, the low-cost, long-haul affiliate of AirAsia, has made Malaysia proud after being named the winner of the "Best Newcomer" Award at the prestigious 2008 Budgie World Low Cost Airline Awards held last night at the London Queen Elizabeth II Centre.

AirAsia X, whose shareholders include the Virgin Group, was commended for its ground-breaking new business model and excellence in launching its services across Asia Pacific.

AirAsia X beat British Airways subsidiary airline, Open Skies, as well as Jin Air and K-Rabi, to the "Best Newcomer" accolade.

It also received the highest number of nominations among all entries. In total, AirAsia Group was shortlisted in four categories, including "Best Low Cost Airline", "Best Low Cost Airline: Asia Pacific" and "CEO of the Year".


Since its inaugural flight to Australia's Gold Coast in November 2007, AirAsia X has announced daily flights to Hangzhou, China, Melbourne and Perth, with plans to launch services to London as early as next year.

At the ceremony to receive the award, Azran Osman-Rani, CEO AirAsia X, said: "It is a great honour for us to receive this award and be in the same peer group with other winners such as Southwest Airlines, EasyJet and Virgin Blue.

"The recognition of our pioneering model proves that Malaysian companies can succeed in the global marketplace. Were proud to keep the Jalur Gemilang flying high," he said in a statement from London to Bernama Friday.

Azran said despite tough market conditions in 2008, AirAsia X has provided its guests with lowest fares to long-haul destinations many have never had the opportunity to travel before, alongside an enhanced travel experience, including comfortable leather seats and a newly launched "5 star" menu.

"The result has been tremendous and we have already recorded load factors of over 300,000 passengers since inception," he said.

Present was Datuk Seri Tony Fernandes, AirAsia Group CEO and founder of AirAsia X. The Budgie World Low Cost Airline Awards recognises leaders, innovators and pioneers in the global low-cost aviation industry.

This years awards were judged by renowned industry consultants including John Hanlon, secretary-general of European Low Fare Airline Association, John Strickland, CEO of JLS Consulting, Jay Sorensen, CEO of IdeaWorks and Peter Harbison, Executive Director of Centre for Asia Pacific Aviation.

-- BERNAMA
rizalhakim no está en línea   Reply With Quote
Old September 26th, 2008, 12:01 PM   #1275
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia adds four daily direct KL-Singapore flights
Published: 2008/09/26

Besides giving away 51,000 free seats, the airline is waiving the fuel surcharge for the new flights which will start in December

LOW cost carrier AirAsia is adding four daily direct flights to the Kuala Lumpur-Singapore-Kuala Lumpur route beginning tomorrow.

With these new frequencies, AirAsia will have six daily direct flights connecting the two major cities and hubs in the region now, the airline said in a statement today.

In conjunction with the new flights and celebration of the country’s 51 years of nationhood, AirAsia is giving away 51,000 free seats to its guests.

AirAsia is also waiving the fuel surcharge, so guests will only bear the airport tax and administration cost for the new flights which will start in December. The booking period is from September 26-October 3 and the travel period from December 1-July 31, 2009.

AirAsia Group chief executive officer Datuk Seri Tony Fernandes said these additional flights demonstrated the airline’s commitment to making air travel convenient and affordable for everyone.

“In addition to that, we strongly believe that this will pave the way for more tourism, investments and that both countries will enjoy the mutual benefits of feeding the traffic between the hubs,” he added. — Bernama
nazrey no está en línea   Reply With Quote
Old September 28th, 2008, 10:40 PM   #1276
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

Malaysia Airlines’s new flight times into Taiwan
NST Online » 2008/09/28

KUALA LUMPUR, SUN:

Malaysia Airlines has retimed its flights into and out of the Taiwanese cities of Taipei and Kaohsiung for today (28 Sept 2008) due to the prevailing adverse weather conditions around the island.

The departure of flight MH94 from KLIA scheduled for 3.15pm today has been
revised to 7.45am tomorrow. Flights MH 86 and MH68 from Kota Kinabalu to
Kaohsiung and Taipei, originally scheduled to depart at 3.25pm and 6.25pm today, have both been rescheduled to depart at 6.05am tomorrow.

Flight MH95 from Los Angeles, scheduled for departure from Los Angeles to Taipei and Kuala Lumpur at 1.40am today has now been retimed to depart the US city at 12.15pm.
nazrey no está en línea   Reply With Quote
Old September 29th, 2008, 01:31 PM   #1277
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia adds flights to Ho Chi Minh City
Published: 2008/09/29

From October 26, the frequency of flights from Kuala Lumpur will increase from seven to 11 weekly and from Bangkok four to seven weekly

AIRASIA has announced additional flights to Ho Chi Minh City from its hubs in Kuala Lumpur and Bangkok.

The decision to increase the flight frequencies was in response to an increasingly strong demand for air travel between Ho Chi Minh City and the Malaysian, Thai markets, AirAsia said in a statement.

Effective October 26, the frequency of flights from Kuala Lumpur will increase from seven to 11 weekly.

Meanwhile, there will be seven weekly flights from Bangkok to Ho Chi Minh City from the present four.

To celebrate the additional flights, AirAsia has introduced special promotional fares.

Apart from the Ho Chi Minh City route, the demand for other routes has also encouraged AirAsia to increase the number of flights.

The s largest low-cost carrier in Asia has announced additional flights from Kuala Lumpur to Bintulu, Sarawak (11 times weekly), Penang (6 daily flights), Bali (5 daily flights).

It has also introduced a new destination, from Johor Baru to Bali, with three weekly flights.

More details on flight times and bookings can be obtained from www.airasia.com or mobile.airasia.com. — Bernama
nazrey no está en línea   Reply With Quote
Old September 29th, 2008, 09:36 PM   #1278
hetfield85
Metallica Band Member
 
hetfield85's Avatar
 
Join Date: Jun 2005
Location: Kuantan | Kuala Lumpur
Posts: 644
Likes (Received): 25

AIRASIA BHD & INDONESIA AIRASIA WIN FRIENDS OF THAILAND AWARD

KUALA LUMPUR, Sept 29 (Bernama) -- AirAsia Group's airlines, AirAsia Bhd and Indonesia AirAsia, have won the prestigious Friends of Thailand Awards 2008 in the category for international airlines for outstanding contributions to Thailand’s tourism industry in 2006 and 2007.

In a statement here today, AirAsia said the awards, given by Tourism Authority of Thailand every two years, recognised the most outstanding supporters of Thailand’s tourism industry.

"It is a great honour for us to be recognised by no less than the Thai government for our contributions to Thailand’s tourism industry," said AirAsia chief executive, Datuk Tony Fernandes.

He said AirAsia was committed to growing Bangkok as a tourism hub.

"Thailand’s increasing popularity plays a huge part in helping AirAsia achieve its goal of promoting tourism in the Association of South-East Asian Nations region," he said. -- -- BERNAMA
hetfield85 no está en línea   Reply With Quote
Old September 30th, 2008, 07:47 AM   #1279
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

KL-S'pore route: Further opening won't affect MAS, SIA much
By Presenna Nambiar Published: 2008/09/30

AIRASIA is the big winner with the opening up of the KL-Singapore route, but the move is not expected to rock the boat much for competitors Malaysia Airlines (MAS) and Singapore Airlines (SIA).

"In terms of impact on competitors, MAS and SIA have already greatly reduced their frequencies compared to before the route was opened when some 20 flights a day were mounted by the combined carriers.

"As such, we believe the business models for these two airlines have already anticipated this opening up," OSK Research Sdn Bhd acting research head Chris Eng said in his report on the budget airline yesterday.

AirAsia will mount some six return flights daily on the route, which will match the six flights mounted by SIA, and exceed the five flights daily by MAS and Tiger Airways, while Jetstar has only three flights daily.

MAS commercial director Datuk Rashid Khan said in an e-mailed reply to Business Times yesterday, the national carrier is prepared for competition, and had factored in the liberalisation of the KL-Singapore route in its five year Business Transformation Plan announced January this year.

"Our passenger loads have remained fairly constant as we cater primarily to the business travel segment," he said.

MAS will, however, monitor the situation.

Rashid said its Everyday Low Fares campaign has made its fares on the KL-Singapore route very competitive.

The current lowest fare (Supersaver) offered online is RM10 one way for KL-Singapore for travel from November 12 2008 to July 31 2009.

"With these kind of fares and our full service offerings, we are able to maintain the load factors on the KL-Singapore (return) sector," Rashid said.

The early implementation of the open skies policy is not significant enough for OSK Research to revise its earnings and fair value.

"Although technically a 'sell' call now, given the more than 10 per cent downside to fair value, we believe AirAsia may get a slight boost from the open skies policy and maintain our 'neutral' call on the stock for now.

"A significant price appreciation would be the cue to sell into strength," Eng said.

OSK Research continues to believe that AirAsia's profits will rebound over the next few years as it leverages on its strategies of capturing market share, increasing auxiliary income and leveraging on its associates during 2008.

The first two strategies are encapsulated by its free 51,000 seats without fuel surcharge campaign for its KL-Singapore route, which represents some 9.7 per cent of total capacity during the period.

With an estimated load factor of 80 to 90 per cent, AirAsia can afford the free seats while the higher international fuel surcharge of RM75 compared with the peninsula surcharge of RM22 means that paying customers will more than offset the zero fuel surcharge.

"As such, although some business traffic may remain with MAS, we do see some shift in discretionary travel to AirAsia particular in these tough times. The free flights will still allow AirAsia to book in administrative fees and collect auxiliary income," Eng said.

As for its associates, the A320s continue to be leased to its associates with accompanying maintenance fees.
nazrey no está en línea   Reply With Quote
Old September 30th, 2008, 06:42 PM   #1280
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,295
Likes (Received): 11249

AirAsia seeks Europe financing for plane purchases
Published: 2008/09/30 BusinessTimes

The budget airline will meet the European Credit Agencies next month in Paris to secure loans for 45 aircraft due for deliveries from next year

AIRASIA Bhd, Southeast Asia’s biggest discount airline, is seeking loans from the European Credit Agencies for its plane purchases, as the carrier aims to secure funds amid a tightening global credit market.

The airline, with a total of 175 single-aisle aircraft on order with Airbus SAS, will meet the European Credit Agencies, known as ECAs, next month in Paris to try and secure financing for 45 aircraft scheduled for deliveries starting from next year, deputy chief executive officer Kamarudin Meranun said in a telephone interview today.

“We have started the ball rolling,” Kamarudin said. “I’m fairly optimistic that we get them.”

The carrier aims to secure financing as credit may tighten following the US House of Representatives’ rejection yesterday of a US$700 billion rescue plan for banks. Empresa Brasileira de Aeronautica SA, the world’s fourth-largest aircraft maker, has had some deliveries postponed by customers including Jet Blue Airways Corp and Virgin Blue Holdings Ltd.

AirAsia declined 0.8 per cent to RM1.25 in Kuala Lumpur.

Network Expansion

The Sepang, Malaysia-based discount carrier, whose shares have fallen 22 per cent this year, needs funds for new planes and network expansion plans.

AirAsia has raised almost RM1 billion (US$289 million) this year to fund the purchase of 23 aircraft, Kamarudin said. The airline is scheduled to receive 14 planes next year and another 24 the following year, he said.

“The financing from ECAs may come in tranches,” he added. “At the same time we have a few slots for standalone” financing, where loans are based on commercial terms. AirAsia prefers to have a smaller portion of these loans because the “spread has gone up quite substantially this year, probably about 50 to 60 basis points,” or 0.5 to 0.6 percentage points, he said.

European Credit Agencies are public agencies that provide government-backed loans, guarantees, credits and insurance to private corporations from their home country to do business abroad, particularly in developing markets.

Rising fuel costs and a currency loss contributed to a 95 per cent tumble in second-quarter profit at AirAsia. The airline may post a loss this year and in 2009, UBS AG said in a report this month. - Bloomberg
nazrey no está en línea   Reply With Quote


Reply

Tags
malaysia, oneworld, southeast asian airlines

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 04:10 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

tech management by Sysprosium