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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 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.
OAG is a global travel data provider with headquarters in the UK. The company was founded in 1929 and is operated in the USA, Singapore, Japan, Lithuania and China.It has a large network of flight information data including schedules, flight status, connection times, and industry references such as airport codes.
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 India was headquartered in Bangalore, India. [50] Prior to the airline's formation, Tony Fernandes, founder of AirAsia group, announced that he would like Ratan Tata to be the chairman of the airline; however the latter refused, though he later consented to be the chief advisor to the AirAsia India management board.
On 15 August 2011, AirAsia Philippines took delivery of its first brand-new Airbus A320 aircraft. [7] The airline planned to start operations by 2011 [6] but was delayed due to the long duration of processing the new requirements instituted in 2008. [8] On 7 February 2012, the airline received its air operator's certificate (AOC). [8]
In June 2013, AirAsia decided to exit its investment in AirAsia Japan, making the company a wholly owned subsidiary of ANA. The Nikkei reported that AirAsia Japan had the lowest load factors between the three new entrant low-cost carriers in Japan (AirAsia Japan, Jetstar Japan, and Peach) and noted several reasons for the failure of the joint venture, including an online booking system that ...