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Tag: AirAsia X

AirAsia X welcomes Australia and Kiwi guests on board

AUSTRALIA/NEW ZELAND, 11 September 2023 – Asia’s low fare leader for medium haul international air travel, AirAsia X Bhd (Kuala,Lumpur: AIRX), reaffirms its commitment to providing the very best in terms of safe, affordable and reliable air travel for its Australian and Kiwi guests.

Following the recent (finder.com.au) survey announced earlier this week – highlighting that more than a third of Australians or more than 7 million people, have chosen to fly with a low cost airline in the past 12 months, AAX continues to play its part to make flying affordable and convenient to access over 130 destinations across Asia.

AirAsia X (airline code D7) fares on sale now are listed below:

AAX Current Flight Schedule On Sale Now – to/from Australia & Nre Zealand

 

 

 

 

 

AirAsia Shares Plunge After Airbus Bribery Allegations

KUALA LUMPUR (Reuters) – Shares of Malaysia’s AirAsia Group <5099.KL> fell on Monday, after allegations by Britain’s Serious Fraud Office that Airbus <EADSY> paid a bribe of $50 million to win plane orders from Asia’s largest budget airline group.

AirAsia shares fell as much as 11% to 1.27 ringgit – their lowest since May 2016 – while those of AirAsia X tanked 12% to their all-time low of 11.5 Malaysian sen.

Malaysia’s anti-graft agency is investigating the allegations from Britain. AirAsia has said it never made any purchase decisions that were premised on Airbus sponsorship, and that it would fully cooperate with the Malaysian Anti-Corruption Commission (MACC).

Malaysia’s Securities Commission said on Sunday it would also examine whether AirAsia broke securities laws.

The allegations were revealed on Friday as part of a record $4 billion settlement Airbus agreed with France, Britain and the United States. Prosecutors said the company had bribed public officials and hidden payments as part of a pattern of worldwide corruption.

Airbus said at the weekend it would not comment on the Malaysian investigations.

Analysts said the accusation against AirAsia comes at a particularly bad time as airlines grapple with a slowdown in business because of the fast-spreading coronavirus epidemic that has killed more than 300 people in China and disrupted air travel.

“Besides being embroiled in this corruption scandal, we expect a tough operating environment to persist over the medium term with maintenance cost remaining high … and concerns over the Wuhan virus outbreak which could derail propensity for air travel in the region,” Malaysia’s Kenanga Investment Bank wrote in a research note.

TA Securities downgraded AirAsia Group stock to “sell” from “buy”.

“We choose the ‘sell first, ask questions later’ approach to avoid the uncertainty in association with the corruption investigation by MACC, where the impact on AirAsia could be significant in terms of corporate governance,” it said in a note.

(Reporting by Krishna N. Das; Editing by Himani Sarkar and Christopher Cushing)

FILE PHOTO: Thai AirAsia Airbus A320 plane prepares for take off at Don Mueang International Airport in Bangkok

AirAsia Announces New Services to Okinawa

  • 4x weekly service from Kuala Lumpur to the “Oasis of Japan” via Taipei

SEPANG, 30 October 2019 – AirAsia today announced a new route from Kuala Lumpur to Okinawa Naha, strengthening its position as the Malaysian carrier with the most connections and capacity in Japan.

The four times weekly service via Taipei commences 22 January 2020 (subject to regulatory approvals), and will be AirAsia’s sixth international destination in Japan, after Tokyo (Haneda and Narita), Osaka, Sapporo, Fukuoka and Nagoya (via Bangkok).

AirAsia X Malaysia CEO Benyamin Ismail says, “Our rapid expansion into Japan continues following the launch of services to Fukuoka and Tokyo Narita earlier this year. Okinawa is an island paradise that offers a different Japanese experience for leisure travellers, including white sandy beaches with clear blue waters, some of the world’s most famous diving spots and unique Ryukyuan cuisine.

“Like Fukuoka, we are building the foundation for more AirAsia flights to serve Okinawa in the near future, strengthening our regional network and allowing more travellers to discover the unique cultural heritage of this amazing destination.”

Members-only fares from Kuala Lumpur to Okinawa Naha start from RM239* one-way on standard seats and RM899* one-way on the award-winning Premium Flatbeds, available on airasia.com from tomorrow 31 October 2019 at 12:00 pm (GMT+8) until 2 November 2019 for travel between 22 January 2020 and 27 March 2020.

Guests from Kuala Lumpur to Okinawa Naha are not required to obtain a visa during their one hour fifteen minutes stopover in Taipei and may return to their seats after clearing a quick security check of their carry-on bags and inflight belongings.

Okinawa is one of Japan’s 47 prefectures comprising 160 islands in the East China Sea. With its unique cultural heritage and local cuisine, Okinawa has long been a holiday destination for the Japanese, while its subtropical climate, coral-fringed waters and relaxed way of life attract throngs of international tourists looking for an alternative to the hustle-bustle of major cities in mainland Japan.

For the latest AirAsia news, activities and promotions, follow AirAsia on Twitter (twitter.com/AirAsia),  Facebook (facebook.com/AirAsia) and Instagram (instagram.com/AirAsia).

* Promotional all-in-fares are for AirAsia BIG member only. All-in non-member fares start from RM244 for one-way travel inclusive of taxes. Terms and conditions apply.

AirAsia Inks Major Deals with Airbus

AirAsia X orders 12 more A330neo and 30 A321XLR aircraft

AirAsia X, the long-haul unit of the AirAsia Group, has finalised a firm order with Airbus for an additional 12 A330-900 and 30 A321XLR aircraft. The contract was signed by Tan Sri Rafidah Aziz, Chairman, AirAsia X Berhad and Guillaume Faury, Chief Executive Officer, Airbus in Kuala Lumpur today, in the presence of Tun Dr Mahathir Mohamad, the Prime Minister of Malaysia.

Tan Sri Tony Fernandes, Chief Executive Officer, AirAsia Group, who was present at the signing, said: “This order reaffirms our selection of the A330neo as the most efficient  choice for our future wide-body fleet. In addition, the A321XLR offers the longest flying range of any single-aisle aircraft and will enable us to introduce services to new destinations. Together, these aircraft are perfect partners for long-haul low-cost operations and will allow us to build further on our market leading position in this fast-growing sector.”

Tan Sri Rafidah Aziz, Chairman of AirAsia X Berhad, said: “Today’s announcement is testament to our confidence and commitment to longer haul air travel. This is the future of our long-haul operations. The A330neo’s revolutionary new features and modifications will move our long-haul service sectors up to a higher level and allow AirAsia X to look at expanding beyond the eight-hour flight radius, such as to Europe, for example.”

Guillaume Faury, Chief Executive Officer, Airbus commented: “AirAsia X has been the pioneer of the long-haul low-cost model in the Asia-Pacific region. This new order for the A330neo and A321XLR is a true endorsement of the Airbus solution to meet mid-market demand with a combination of single-aisle and wide-body products. This powerful solution will provide AirAsia X with the lowest possible operating costs to expand its network and enable even more people to fly further than ever before.”

The new contract increases the number of A330neo aircraft ordered by AirAsia X to 78, reaffirming the carrier’s status as the largest airline customer for the type. Meanwhile, the A321XLR order sees the wider AirAsia Group strengthen its position as the world’s largest airline customer for the A320 Family, having now ordered a total of 622 aircraft.

AirAsia X currently operates a fleet of 36 A330-300s on services to points within the Asia-Pacific region and the Middle East. In addition, in August, the first A330neo joined the fleet of AirAsia’s Bangkok-based long haul affiliate, AirAsia X Thailand. The aircraft is the first of two leased A330neos joining the airline’s Thai affiliate by the end of the year.

The A321XLR is the next evolutionary step from the A321LR which responds to market needs for even more range and payload, creating more value for the airlines. From 2023, it will deliver an unprecedented Xtra Long Range of up to 4,700 nm – 15% more than the A321LR and with 30% lower fuel burn per seat compared with previous generation competitor aircraft.

The A330neo is a true new generation aircraft building on the A330’s success and leveraging on A350 XWB technology. It incorporates the highly efficient new generation Rolls-Royce Trent 7000 engines, and a new higher span 3D optimised wing with new Sharklets. Together these advances bring a significant reduction in fuel consumption of 25% compared with older generation competitor aircraft of a similar size. The A330 is one of the most popular wide-body families ever, having received over 1,700 orders from more than 120 customers.