AirAsia

Malaysia

Covid-19 could be impetus for MAS-AirAsia merger

Recently, Malaysia Airlines (MAS) group chief financial officer Boo Hui Yee told its 13,000 employees that many airlines are now at risk of going bankrupt, and the national flag carrier is no different.

Management & Corporate Governance

AirAsia, Airbus & a failed F1 Racing Team

(Feb 14): An AirAsia executive chided a senior Airbus employee for not paying US$16 million he said was owed to him and demanded US$30 million in sponsorship before placing more aircraft orders, according to internal emails released by the UK Serious Frau

Aviation & Engineering

Malaysia regulator to probe if AirAsia broke rules in Airbus deals

The allegations came to light on Friday when Airbus agreed to a record US$4 billion ($5.5 billion) settlement with France, Britain and the United States.

Commentary

Data: Whose business is it?

SINGAPORE (Apr 15): A year and a half ago, Tony Fernandes, CEO of the wildly successful low-cost carrier AirAsia, talked about data as “the new oil”, and revealed plans to use data and machine learning to customise the pricing of air tickets and ancil

Aviation & Engineering

AirAsia shares plunge after Fernandes issues public apology for endorsing Najib

(May 14): Shares in AirAsia Group Bhd fell as much as 10% on Monday in the first trading session since Malaysia’s election and after its chief Tony Fernandes apologised for endorsing former prime minister Najib Razak in the election.

Aviation & Engineering

AirAsia explores India unit IPO, seeks partner for services business

(Jan 10): Malaysia-based AirAsia is considering an initial public offering for its Indian unit and seeking a partner for its services business, the carrier's group chief executive Tony Fernandes said on Wednesday.

In print this week

Is SATS overpaying for AirAsia partnership?

SINGAPORE (Nov 3): Airport services provider SATS has teamed up with budget carrier group AirAsia to offer ground services at the new Terminal 4 at Changi Airport.

Aviation & Engineering

AirAsia to sell more stakes in non-flying businesses to fund dividends

(Oct 31): AirAsia Bhd on Tuesday said it plans to sell more stakes in non-flying businesses to fund special dividends to shareholders, after announcing a new ground handling joint venture (JV) with Singapore's SATS.

Aviation & Engineering

AirAsia's Fernandes says it'd be 'foolish' not to consider C919

(May 26): AirAsia, the low-cost carrier that flies only Airbus SE planes, would consider using newly developed aircraft such as the Chinese-made C919 as the airline expands its fleet and destinations.

Broker's Calls

Tighter squeeze on margins, but Asean airlines should enjoy the flight

SINGAPORE (Feb 10): AirAsia, Asia Aviation and Cebu Air are DBS’ top buy calls as Asean airlines appear on track for record 2016 performances, says DBS.
×