AirAsia optimistic despite China and maintenance constraints


AirAsia of Malaysia acquires three A321Fs for teleport operations

2022-09-14 – 07:13 UTC

Teleport, the logistics arm of Capital A, owner of the AirAsia brand, has acquired three A321-200 (P2F) whose delivery should take place in “stages” from the 1st quarter of 2023. The incoming aircraft will significantly strengthen the fleet of Teleport’s existing dedicated freighters – currently only one B737-800(BCF) operated by K-Mile Asia (8K, Bangkok Suvarnabhumi). The three aircraft will arrive on lease from BBAM.

“It is a timely and strategic move on our part to complement our proprietary AirAsia jetliners with a cargo network to expand and strengthen our increased capacity for key markets like China and India to ASEAN,” said said Pete Chareonwongsak, managing director of Teleport. “The combined fleet approach with multi-hub cargo and belly operations will give us a unique ‘many-to-many’ network advantage to serve our customers in this region.”

Chareonwongsak added that e-commerce continues to be the main driver of freight demand in Southeast Asia, with significant growth in international cross-border e-commerce and express shipping. He said that Teleport cargo is already carried on 252 AirAsia passenger planes…

AirAsia to resume A321neo deliveries in 2024 – Fernandes

01.09.2022 – 23:11 UTC

After suspending deliveries earlier in the pandemic, AirAsia (AK, Kuala Lumpur Int’l) will start accepting new A321-200NXs again from 2024. Tony Fernandes, CEO of Capital A (formerly AirAsia Group and owners of the brand AirAsia), confirmed the recovery while presenting the company’s second quarter financial results in Kuala Lumpur this week.

Capital A posted an operating loss of MYR 491.3 million ($109.8 million) for 2Q22, but is seeing exponential revenue growth as most travel restrictions are eased in major travel markets. Southeast Asian society. AirAsia operated 65 aircraft during the second quarter. By August, that number had risen to 108 aircraft. By the end of the year, Capital A plans to fly 160 planes. Besides Kuala Lumpur-based AirAsia, there are several airlines affiliated with AirAsia, including Thai AirAsia, Philippines AirAsia, Indonesia AirAsia and AirAsia India.

“We will also take delivery of the new Airbus A321neos from 2024, which will further reduce our emissions per seat by 20% while further driving our business growth,” said Fernandes. However, the…

Malaysia Airports and AirAsia, AAX end all legal disputes

2022-08-14 – 22:58 UTC

Malaysia Airports Holdings and Capital A (formerly AirAsia Group) have ended all legal proceedings between them, the two groups said, ending long-standing disputes and pushing through ‘growth for the industry and the country’ before costly litigation.

Capital A confirmed “the cessation of legal proceedings between all parties” in a filing to the Bursa Malaysia stock exchange on August 11 after the groups issued a joint statement the day before.

“As the world recovers from the pandemic and the substantial losses in the aviation sector in particular, it is essential that all stakeholders work together to drive the recovery of air transport,” said Tony Fernandes, CEO of Capital A. “As two major players in the aviation ecosystem, it is now more important than ever that Malaysia Airports Holdings and our Malaysia-based airlines, AirAsia and AirAsia X, show solidarity to make the Malaysian aviation industry competitive and attractive again.”

Statements did not provide further details of the now extinct cases.

One dispute involved a lawsuit brought by the majority state-owned airport group over unpaid passenger service fee payments. This…

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