Thai AirAsia X will launch four-times weekly services from Bangkok Don Mueang to Brisbane from 25 June, making it the first AirAsia-branded carrier to serve the Queensland capital. FlightGlobal schedules data shows that the flights, which will be operated by Airbus A330-300s, will compete with Thai Airways International’s four weekly Boeing 777 services that fly to Bangkok Suvarnabhumi airport.This new route to Brisbane will not only increase traffic between Thailand and Queensland, but im...
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AirAsia and AirAsia X have increased their claim against Malaysia Airports Holdings (MAHB) by around MYR80 million ($19.5 million), as it presses for mediation with the airport operator. The low-cost carrier says that the "main part" of the MYR480 million in claims comes from a loss of customers in the last four years, owing to disruptions and poor condition of the KLIA2 terminal at Kuala Lumpur International airport.The two carriers had previously indicated that they would make a clai...
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AirAsia and AirAsia X have filed motions to have an MYR36.4 million ($8.8 million) lawsuit brought against them by Malaysia Airports (MAHB) over unpaid passenger service fees struck out, and made a separate MYR400 million claim against the airport operator. In December 2018, MAHB issue of a writ of summons for MYR9.4 million from AirAsia, and an MYR27 million claim against AirAsia Xover unpaid passenger service charges....
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AirAsia X Group co-founder Tony Fernandes claims that long-haul, low-cost carrier will see its most successful year in 2019. In a series of tweets, Fernandes says that the company is "the most undervalued airline", and that it has "done all the hard work".This includes having cut "silly routes", renegotiated [aircraft] leases, increase utilization and cut costs. Moreover, he adds that its competitors Its airlines that were burning taxpayers' money that caused Ai...
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AirAsia has confirmed that it has been approached by 13 potential purchasers for some of its aircraft and its aircraft leasing business, including US fund Castlelake. The carrier issued a stock exchange statement on 13 December, noting that the expressions of interest were from buyers interested in its leasing unit, Asia Aviation Capital, and/or a number of our remaining aircraft assets. However, the company has not entered into any legally binding contract with any of the parties involving the ...
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AirAsia has signed a memorandum of cooperation for a Vietnamese joint venture with Thien Minh Travel, a unit of the tourism group that AirAsia previously tapped as its local partner in April 2017. A joint statement from AirAsia the Thien Minh Group reaffirmed their intentions to launch the carrier but gave no details of the memorandum’s contents, nor any mention of the joint venture’s proposed launch date, fleet composition, and route network. To demonstrate the joint venture’s...
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Airbus said it won new business for 431 aircraft at the Farnborough Airshow, and finished off its week with an additional order from AirAsia X for 34 A330neos.The new business broke down into 93 firm orders and 338 MoUs, comprising 60 A220-300s, 304 A320-family aircraft, 42 A330neos and 25 A350s. That takes Airbus's total to 752 orders and commitments for the year so far.Airbus chief commercial officer Eric Schulz said of the total: “Our year to date and our end of show commitments con...
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Bali airport reopened on Friday afternoon after an ash plume from the Mount Agung volcano had forced the cancellation of hundreds of flights earlier in the day. Denpasar’s Ngurah Rai Airport closed at 03:00 (3am) Friday local time and was due to reopen about 19:00 (7pm), but opened early at 14:30 (2.30pm) after AirNav Indonesia said the risk to aircraft had diminished By late Friday AirAsia was showing that all of its flights were cancelled, but other domestic carriers Garuda Indonesia and...
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AirAsia has chosen to sell the aircraft portfolio of its Asia Aviation Capital unit to entities managed by BBAM in a $1.18 billion deal.Under the deal, FLY Leasing, Incline B Aviation and Nomura Babcock and Brown will together acquire 84 Airbus A320s and 14 engines from Asia Aviation Capital, with the engines and 79 aircraft to be leased back to AirAsia and its affiliates.FLY and Incline will also acquire another 48 A320 family aircraft from AirAsia’s orderbook and take an option to acquir...
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SATS and AirAsia have entered into a share swap and share sale deal, to gain an interest in each other's ground handling units. Under the deal, SATS will acquire a 50% stake in AirAsia's Ground Team Red Holdings (GTRH) for S$119.3 million ($87.6 million). In exchange, GTRH will get an 80% stake in SATS Ground Services Singapore (SGS Singapore)....
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