Posts Tagged ‘AirAsia’
AirAsia Scraps Deal To Buy Batavia Air
AirAsia, Asia’s largest budget carrier, has scrapped an USD$80 million deal to buy Indonesia’s Batavia Air because the move would have carried too many risks, AirAsia Group chief executive Tony Fernandes said...
AirAsia To Be First A320 Operator With Sharklets
Low-cost carrier AirAsia will be the first airline to sport fuel-saving sharklet wing tips on an A320 plane from December, Airbus said at the Berlin air show on Tuesday. The bent-back wing tips offer fuel savings of about 4 per...
AirAsia To Buy Indonesia’s Batavia Air
Asia’s largest low-cost carrier, AirAsia, is making its first major airline acquisition by buying Indonesia’s Batavia Air for USD$80 million in cash to expand in Southeast Asia’s biggest economy, the two group...
Virgin Atlantic To Shed AirAsia X Stake
Richard Branson’s Virgin Atlantic Airways is anticipated to divest its 10 p.c stake in AirAsia X to native current shareholders, in line with a file in The Facet Trade Day-to-day. The file means that the associated...
Singapore Air Clings To Luxury As LCCs Thrive
Tony Fernandes, the flamboyant chief executive of budget airline AirAsia, joked last month that he could buy Singapore Airlines and even displayed an artist’s impression of his competitor’s plane painted in A...
AirAsia Eyes Indonesia IPO Next Year
Malaysia’s AirAsia is looking to list its Indonesia operations by the first quarter of next year as it moves its regional base to southeast Asia’s largest economy to focus on further expansion, said it...
