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However, due to the low-cost model of the business, this would be unlikely and it is possible that a significant number destinations may be terminated to optimise route efficiency. AirAsia has 180 flights daily, not including its subsidiary airlines. AirAsia X has 21 flights daily.
In March 2020, the airline suspended most of its flights due to travel restrictions, resulting in significant revenue losses. [22] This unprecedented situation forced AirAsia to rapidly adapt in order to survive. The airline grounded its fleet and implemented various cost-cutting measures, including layoffs and salary reductions for employees.
AirAsia X Berhad, operating as AirAsia X (formerly FlyAsianXpress Sdn. Bhd.), is a Malaysian long-haul, low-cost airline and a subsidiary of the AirAsia Group. The airline was initially established in 2006 as FlyAsian Express (FAX) and began by operating regional routes under Malaysia’s Rural Air Service .
AirAsia Berhad has a 49% share in the airline, with Fersindo Nusaperkasa owning 51%. [3] Indonesia's laws disallow majority foreign ownership on domestic civil aviation operations. [4] The airline, along with many others in Indonesia, was previously banned from flying to the EU. However, its ban was lifted in July 2010, together with Batavia Air.
On 24 March 2020, Interjet announced it would suspend all international flights due to the pandemic. [138] The airline also temporarily reduced the salaries of its workers by 50% to further cut down its debt. [139] A substantial percentage of their fleet has also been repossessed and grounded as of 3 April 2020. [140]
Thai AirAsia (SET: AAV, Thai: ไทยแอร์เอเชีย) is a Thai low-cost airline. It is a joint venture of Malaysian AirAsia (แอร์เอเชีย) and Thailand's Asia Aviation. It serves AirAsia's regularly scheduled domestic and international flights from Bangkok and other cities in Thailand.