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AirAsia

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AirAsia
File:Air Asia new logo.jpg
IATA ICAO Call sign
AK AXM ASIAN EXPRESS
Founded1993
HubsKuala Lumpur International Airport
Secondary hubsKota Kinabalu International Airport
Kuching International Airport
Senai International Airport
Fleet size43 (+142 orders)
Destinations40
HeadquartersKuala Lumpur
Key peopleTony Fernandes (CEO)
Websitehttp://www.airasia.com

AirAsia Berhad (MYX: 5099) is a low-cost airline based in Kuala Lumpur, Malaysia. It operates scheduled domestic and international flights and is Asia's largest low fare, no frills airline. AirAsia pioneered low cost travelling in Asia[1]. It is also the first airline in the region to implement fully ticketless travel and unassigned seats. AirAsia has been expanding rapidly and is very popular among the travelling public thanks to its frequent low fare deals. Its main base is the Low Cost Carrier Terminal (LCCT) at Kuala Lumpur International Airport (KUL). Its affliate airlines Thai AirAsia and Indonesia AirAsia fly from Suvarnabhumi Airport, Thailand and Soekarno-Hatta International Airport, Indonesia, respectively.



Subsidiaries

Thai AirAsia

Thai AirAsia (Thai: ไทยแอร์เอเชีย) was established on 8 December 2003 as joint venture with Shin Corporation. Flight operations commenced on 13 January 2004 from its base in Don Mueang International Airport. Since 25 September 2006, the airline is based at the new Suvarnabhumi Airport.

Indonesia AirAsia

AirAsia acquired the then defunct Awair in 2004 with a 49% stake in the airline. Awair commenced services on behalf of AirAsia in December 2004; full rebranding to Indonesia AirAsia was completed on 1 December 2005. The airline is based in Soekarno-Hatta International Airport.

Vina AirAsia

Vina AirAsia is the product of the joint venture company, in which AirAsia Bhd holds a 30% stake (the maximum holding allowable for a single foreign entity) and remaining 70% to Vietnam Shipbuilding Industry Group (Vinashin). This will see both parties securing a licence to establish a low-cost airline by July 2008 in Hanoi, Vietnam. [2]

Associate companies

AirAsia X

AirAsia X is a service operated by AirAsia X Sdn. Bhd. (previously known as FlyAsianXpress Sdn. Bhd.) as a franchise of AirAsia.[3] It will start offering long-haul services from Kuala Lumpur to Australia and China using Airbus A330 and with fares starting from AU$31 (excluding tax and airport charges).[4] Its inaugural flight is on 2 November, 2007 to Gold Coast, Australia

FlyAsianXpress was an airline subcontracted by AirAsia for the operations of Rural Air Service within Sabah and Sarawak previously operated by Malaysia Airlines to a new airline, FlyAsianXpress (FAX). Established on 1 August 2006, the airline is a privately owned by the management team of AirAsia. With the formation of MASwings by Malaysia Airlines, FAX ceased all it's rural air services on October 1, 2007 and will concentrate on long haul routes by AirAsia X.

Tune Hotels

The first AirAsia "no-frills" hotel, Tune Hotels is ready for occupancy in Kuala Lumpur and Kota Kinabalu, and later in Penang, Johor Bahru, Miri, and Kuching. [5]

Tune Money

Tune Money is Asia's first "no-frills" online financial service owned by Tune Air Sdn. Bhd. Modelled after Virgin Money, it comprises life, home and motor vehicle insurance as well as prepaid cards.

Bangladesh AirAsia
AirAsia has signed a memorandum of understanding with East West Airlines, a sister concern of Bangladesh’s Orion group, to run the first-ever airlines joint venture and budget airlines in Bangladesh.[6]

AirAsia Lanka / Air South Asia
Air South Asia, formerly HolidayAir, is an upcoming LCC based in Sri Lanka. The airline is presently 100% owned by Sri Lankan interests, but it plans to use AirAsia's expertise, booking engine and pilot training facilities, with an option for AirAsia to acquire a stake at a later stage.[7]

Destinations

Current AirAsia domestic route maps

AirAsia operates over 200 flights a day, to 75 domestic and international routes covering Malaysia, Thailand, Indonesia, Macau, China, Vietnam, Laos, Cambodia, Australia and the Philippines.

In 2007, 19 new routes had been introduced over the AirAsia wide network[8]. The routes includes routes from Kuala Lumpur to Gold Coast (Via AirAsia X), Vientiane, and Banda Aceh; connecting Southern China (Macau and Shenzhen) over different Malaysian hubs and Bangkok.

There will be more new route in 2008, which will include routes to India and China: [9][10]

[11]

The CEO is also not ruling out Kuching-Perth service in the future following Malaysia Airlines withdrawal from the route[12]

Meanwhile, Thai AirAsia has added Shenzhen and later to Guangzhou, Guilin, Chengdu and Chongqing and Hong Kong in 2008.[13].

For Indonesia AirAsia, Jakarta-Kuching will be introduced and Jakarta-Johor Bharu has commenced.[14]

AirAsia X is planning to fly to Australia from its Kuala Lumpur base covering Avalon, in Victoria, Adelaide, and Newcastle. The airline also has plans to fly to India, China, UK and the Middle East.

Fleet

AirAsia's Boeing 737 at KLIA contact terminal
As of April 2008, the total AirAsia fleet (including Thai AirAsia, AirAsia X and Indonesia AirAsia) includes:[15]
Aircraft # Seats Notes
Airbus A320-200 39 (136 on Order[16]) 180 35 with AirAsia, 4 with Thai AirAsia
Boeing 737-300 36 148 12 with AirAsia, 10 with Indonesia AirAsia, 14 with Thai AirAsia
Airbus A330-300 1 (25 On Order) 320 1 with AirAsia X
As of April 2008, the Malaysia's AirAsia fleet includes:
Aircraft # Seats Notes
Airbus A320-200 35 180
Boeing 737-300 12 148

AirAsia began a gradual conversion of its fleet from the Boeing 737-300 to the Airbus A320-200, with the first order made for 40 Airbus A320 aircraft and 40 more on option in a Memorandum of Understanding made in 17 December 2004. When the contract was signed on 25 March 2005, the order was increased to 60 firm orders with 40 on option[17]. The first six Airbus A320s were delivered on 9 December 2005, with the remaining 54 aircraft from the 2005 order to be delivered by June 2009[18].

On 19 July 2006, the airline exercised the options of 40 Airbus A320-200s to increase its total firm orders to 100 aircraft, with another 30 on option[19]. It made a third order of 50 film A320-200s and increased the options to 50 on 8 January 2007, with delivery expected to be completed by December 2013. The Airbus A320-200 was expected to completely replaced the Boeing 737-300 fleet at the Kuala Lumpur base by July 2007[20]. The airline made its latest order of 25 film orders on 25 November 2007, bringing its total orders of Airbus aircraft to 175 with 50 on option[21].

On 6 July 2007, the airline placed another order with Airbus for a further 25 A320-200sm making it the largest customer of the type.[22]


See also

References

  1. ^ Does Low Cost Mean High Risk?
  2. ^ Laalitha Hunt. "AirAsia confident of Vietnam market". The Star.
  3. ^ "X-citing deal for air travellers". The Star. 2007-01-06. {{cite news}}: Check date values in: |date= (help)
  4. ^ "AirAsia X London flights from RM9.99". The Star. January 5, 2007.
  5. ^ [1]
  6. ^ Nazrul Islam. "Air Asia eyes Bangladesh skies". New Age.
  7. ^ Munza Mushtaq (2 September 2006). "Sri Lanka's first ever budget airline ties up with Asia's best". Asian Tribune.
  8. ^ "SWEET SUCCESS FOR FIGHTER". Singapore TODAYonline. January 14, 2008.
  9. ^ Channelnewsasia.com
  10. ^ Channelnewsasia.com
  11. ^ AirAsia flying to India next year
  12. ^ "Kuching-Perth flights in the pipeline". The Star.
  13. ^ "Thai AirAsia to fly daily to Guangzhou". Bangkok Post. December 10, 2007.
  14. ^ Chan Chin Thut (March 7, 2007). "AirAsia plans more new routes". The Star.
  15. ^ Welcome to AirAsia.com...now everyone can fly
  16. ^ "AirAsia orders additional 25 Airbus A320s" Flight Global, 06/12/2007
  17. ^ "AirAsia increases A320 commitment to 100 aircraft". Airbus.com.
  18. ^ "AirAsia initiates total fleet renewal with Airbus A320". Airbus.com.
  19. ^ "AirAsia orders 40 more A320 Family aircraft". Airbus.com.
  20. ^ "100 more A320s for AirAsia". Airbus.com.
  21. ^ Malaysia's AirAsia increases A320 order to 175 planes
  22. ^ "AirAsia orders additional 25 Airbus A320s" Flight Global, 06/12/2007