AIR ASIA
Flyadeal starts direct Lucknow-Jeddah flights, adds Medina to network
Flyadeal, a low-cost airline from Saudi Arabia, has expanded its services from Lucknow. Direct flights to Jeddah commenced on Wednesday, and Medina flights will begin this week. The Jeddah flights operate on specified days, with services to Medina also scheduled. This expansion aims to enhance travel options for business and leisure travelers, as well as Indian expatriates.
Airlines can't predict oil prices anymore. Travellers may be left footing the bill
Airlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia and Ryanair have halted new hedges, anticipating further fare increases. Higher fuel costs may push ticket prices up by 15% to 20%, straining consumer willingness to pay. Many US and European airlines have reduced hedging, exposing them to market fluctuations.
India's aviation map is being redrawn, and smaller cities are stealing the show
India’s international aviation market is expanding beyond Delhi and Mumbai, with foreign airlines increasingly connecting smaller Indian cities directly to overseas hubs. The trend is creating a new contest for nearly 20 million connecting long-haul passengers, most of whom currently change planes at foreign hubs, while Air India is trying to bring more of that traffic through Indian airports.
Expanded winter schedule at Lucknow airport now includes 134 flights and the return of Bangkok service
Chaudhary Charan Singh International Airport in Lucknow is poised to expand its daily flight operations from 108 to 134 movements. The airport will enhance its connectivity with 20 domestic and 10 international destinations in the upcoming winter schedule. Notably, direct flights to Bangkok are scheduled to resume on November 17 after a hiatus of over four months.
No worm for early birds on domestic air ticket counter as advance flight booking advantage fades
Airlines in India are changing their pricing strategies, maintaining high fares for both early and last-minute bookings. The reduced capacity and uncertainty in fuel costs are the main factors influencing these pricing changes. As competition dwindles, fewer options are available for travelers, leading to increased prices. Experts predict that 2027 may also witness higher airfares without increased capacity in the market.
Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources say
Faced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. This comes as officials keep a close watch on the financial viability of the struggling airline. Malaysia Airlines and Batik Air are in talks about potential organic growth. AirAsia, grappling with rising jet fuel expenses and substantial liabilities, is in urgent need of fresh capital for debt restructuring.
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AirAsia launches first codeshare with Turkey's Pegasus Airlines
AirAsia has launched its first codeshare partnership with Pegasus Airlines. This collaboration opens connections between Southeast Asia and Europe via Istanbul. Initially, five European destinations are covered by this new route network. AirAsia will increase its Kuala Lumpur-Istanbul flights to daily services. The airline's planned Bahrain hub remains on track for March 2027.
AirAsia Co-Founder Tony about to give the world a new airline
Tony Fernandes, co-founder of AirAsia X, is set to launch a new airline. This aggressive expansion comes despite rising oil prices. The new carrier is expected to be announced soon. Fernandes sees opportunities within the current market challenges. AirAsia is reallocating aircraft for this new venture. This move follows a significant aircraft order for smaller planes to boost Asian connectivity.
AirAsia inks $12.25 bn Airbus initial pact for 50 A321XLR jets
AirAsia Berhad has signed a $12.25 billion deal with Airbus to purchase 50 A321XLR aircraft, with rights for 20 more. Deliveries are scheduled between 2028 and 2032. The move supports AirAsia’s goal of becoming the world’s first low-cost narrow-body network carrier. The agreement was signed in Paris in the presence of Malaysian Prime Minister Anwar Ibrahim.
Tata Sons to increase its stake in AirAsia India to 83.67%
ET reported the deal online early Tuesday evening. Subsequently, AirAsia Berhad made an announcement of its share sale on the Kuala Lumpur stock exchange.
AirAsia may exit India, end JV with Tata Sons
Malaysian carrier AirAsia said on Tuesday that it is reviewing its India operations run in partnership with Tata Sons, signalling a possible exit from the world’s fifth largest economy, which it entered with high expectations six years ago.
Aviation minister Hardeep Singh Puri hints at shutdown of Air Asia's Indian operations
“AirAsia’s shop is anyway shutting down,” Hardeep Singh Puri said in televised comments that were widely circulated on social media. “Their parent company has problems.”
AirAsia may have to take legal route to exit India JV
Tata Group is not immediately keen to buy out AirAsia Berhad’s stake in the no-frill domestic airline as it is focuses on prioritising capital investments in other businesses, including its other airline venture Vistara.
Aviation Minister buys food in AirAsia flight after airline did not change pre-booked meal
"The minister did not have any issue with our services. He bought a couple of items as well during the flight," AirAsia spokesperson said.
Tata Steel veteran Sunil Bhaskaran to be new Air Asia India boss
Chairman Ramadorai may also step down for Banmali Agrawala
AirAsia rolls out discounts, fares start as low as Rs 1,399 for international travel
The `Big Sale Promotion' offers all inclusive one-way fares starting at as low as Rs 1,399 for international travel and Rs 999 for domestic flights, AirAsia said.
AirAsia India to connect Surat from Bengaluru starting June
The Tata-AirAsia-invested airline, which completes four years of its operations in June, will fly daily to Surat from Bengaluru with an Airbus A20 plane, a release said.
AirAsia India on course to breakeven; to treble headcount by 2020
The Tatas-AirAsia-run airline is also looking to break even by this December or early next year, managing director and chief executive Amar Abrol said.
AirAsia India net loss at Rs 140 crore for FY17
AirAsia posted a net loss of Rs 140 crore for the previous fiscal, which was 23% less than almost Rs 182 crore it reported in fiscal 2016. Revenue rose nearly 45% to Rs 952 crore.
AirAsia India gearing up to start international flights
AirAsia India aims to scale up fleet to 20 aircraft by October this year to be eligible to start overseas operations.
AirAsia bans Samsung Note 7 on all its flights
AirAsia Guests are not permitted to carry the Galaxy Note 7 - including recalled and replacement devices - on their person, in cabin bags, in check-in baggage or as cargo.
AirAsia India hits 2.5 million passenger milestone
"We at AirAsia India are thrilled beyond words on having flown 2.5 million guests as of today," AirAsia CEO designate Amar Abrol said.
Mittu Chandilya hands over reins to new AirAsia CEO Amar Abrol
With the end of the last financial year, came the end of Mittu Chandilya's innings as the first CEO of AirAsia India.
AirAsia India to offer AirAsia X international network
Air Asia India passengers will soon be able to book flights on the network of AirAsia X, which launched a flight between Delhi and Kuala Lumpur today.
AirAsia India launches AirAsia BIG programme for fliers
The loyalty programme Big offers its members a slew of benefits including free flights and add-ons such as baggage, meals, hot seats, among others, AirAsia India said.
Air Asia's Mittu Chandilya may give Wimbledon a miss
AirAsia India CEO Mittu Chandilya and his wife Inga's love for tennis is well known. However, he will have to give it a miss this year due to work commitments.
New attempt to lift AirAsia jet's fuselage fails as rope snaps
Earlier, rescuers tried to lift the section with balloons, a procedure they also used to hoist the tail of the ill-fated AirAsia Flight QZ8501.
AirAsia crash: 4 bodies, 5th object found amid bad weather
Rescuers today recovered another body and a fifth large object belonging to the doomed AirAsia jet in the Java Sea as they continued to scour the choppy waters for the eighth day.
Tata-AirAsia crew to train in Malaysia
The Tata-AirAsia JV has told the Directorate General of Civil Aviation (DGCA) that its training facility for all crew — pilots, cabin crew and engineers — will be in Malaysia.
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