A statement from AirAsia at the time suggested that issues with the business were deeply rooted in the business model. On November 18, it will be 20 years since the carrier first inaugurated operations in Malaysia, while just a couple of weeks later on December 2, it will mark 15 years since former Time Warner executive Tony Fernandes secured control of the business and transformed it into a low-cost carrier.
Having AirAsia operate long haul narrowbody routes would be more efficient as AirAsia has an all- A fleet.
There was an obvious potential requirement for longer routes which would necessitate AirAsia X also acquiring Aneos given the four-hour rule.
AirAsia is also in it for the long-haul. Among the long—haul markets targeted are Australia and Asia in the initial phase before expanding further to Europe and possibly Africa. The chart above includes one weekly flight of 10 hours but this is an irregular charter service to Beirut.
Net income for the first quarter of the calendar year climbed almost six-fold to With smaller aircraft, AirAsia X can add frequencies in several existing markets, therefore improving connectivity, and launch services on new thin routes that cannot support widebody aircraft.
NokScoot weekly departing frequencies based on length of flight: Want More Analysis Like This? The idea is to create a symbiotic relationship whereby both feed traffic across the short—haul and long—haul networks and share approach in promotions and marketing.
Under the agreement, which was forged before AirAsia X commenced operations inAirAsia X has the right to operate all routes from Southeast Asia that are over four hours. Several airlines are now investing in new generation business class seats and other premium products.
The four-hour rule separating AirAsia and AirAsia X is hardly ideal as it has essentially resulted in widebody aircraft being deployed on several four to six hour routes that could be more efficiently served by new narrowbody aircraft.
There will undoubtedly be more rapid growth in the long haul low cost sector — in terms of overall capacity, number of routes and the portion of routes which are actually long haul.
NokScoot has another four additional s in its business plan for AirAsia X has just two sixth freedom routes including Osaka-Honolulu, which is being launched in Jun Oasis was an independent long haul low cost airline which suspended operations in Tune Air Sdn Bhd bought a Both routes are slightly less than four hours, putting them very comfortably within the range of the Malaysia AirAsia X weekly departing frequencies based on length of flight: However NokScoot is not tied to sourcing all its aircraft from its shareholders and is also considering sourcing s s or MAX 8s from leasing companies.
For the medium term, the airline is focusing more on the Asia Pacific region, looking to expand into the high growth areas of China, Japan, Korea and Australia. Having seen the emergence of the low-cost carrier model in other parts of the world, Fernandes believed a discount operation would revolutionise air travel across Southeast Asia.
Although the process has begun, the AirAsia X IPO listing is not expected until as the airline is awaiting the finalisation of the proposed Khazanah purchase.
Thai AirAsia also has a few routes longer than four hours but these are also only slightly above four hours. Driving ancilliaries AirAsia X sees driving improvements in ancillary revenue as a natural hedge to the decline in yields as it pursues price—sensitive traffic volumes.AirAsia X announces new CFO.
Share this story. Whatsapp. By NST Business SEPANG: AirAsia X Berhad, the leading low-cost, long-haul carrier today announced the appointment of Wong Mee Yen as Chief Financial Officer of AirAsia X Berhad, with effect from 1st January Commenting on the appointment, Group CEO of AirAsia X Datuk.
Air asia x can the low cost model go long haul low cost aviation and create the first global multi-hub low-cost carrier network along with other carriers of the Air Asia group. – Mission statement: To be the best company to work for whereby employees are treated as part of a big family Create a globally recognized ASEAN brand To attain.
AirAsia X, the group's long-haul unit, will handle the flights to the west coast via Japan either from Malaysia or Thailand.
Nagoya is under consideration as the Japanese stopover hub, since the. AirAsia’s long haul narrowbody ability limited by the four-hour rule. The AirAsia Group’s ability to operate long haul routes is limited by its licensing agreement with sister airline group AirAsia X.
made a very quick U-turn with its fleet strategy and is now planning to. AirAsia X was initially known as Fly Asian Xpress (FAX) when it started operations inservicing rural areas of Sarawak and Sabah with turboprop aircraft, before rebranding was done in September and its first flight was launched to Gold Coast in November Today, AirAsia X operates out of three hubs, Kuala Lumpur, Bangkok and Denpasar, Bali.
AirAsia X turned the corner after a long struggle to get the long-haul LCC concept to function. The short-haul AisAsia network is an important feed for AirAsia X. The latter is now expanding to cover strategic destinations, as the long-haul LCC market gets going.Download