On Wednesday, Tony Fernandes, AirAsia’s CEO, said that he believes his airline will come back stronger than before in 2021. This photo is copyright protected and may not be used in any way without proper permission. Lalitha Sivanaser, Ex-CEO of ROKKI and current CEO of OurShop, says that today the business is fundamentally driven by e-commerce, advertising, connectivity and an entertainment platform that is fuelled by this connectivity. 09, 2nd Floor, Tower - Kaisons Square, Commercial Belt Alpha 1, Near Alpha 1 metro station, Greater Noida. CAPA Live is presented globally on the second Wednesday of every month. AirAsia is a low cost carrier based at Kuala Lumpur International Airport, Malaysia. In short, to be a travel tech operation that can utilise aviation’s on-going and comprehensive digital revolution. Indeed, it’s forecast that the region will account for 40% of the 37,000 new aircraft that will emerge in the next 20 years. To that end, Fernandes doesn’t predict making vast sums of money from Wi-Fi. All rights reserved. In short, to be a travel tech operation that can utilise aviation’s on-going and comprehensive digital revolution. Moreover, GX enables AirAsia’s burgeoning digital ecosystem to flourish. $9m) and begun the process of transforming it into one of the largest low cost airlines in the world. “And using the data, and using the ability to communicate with our guests not just on the ground, with Inmarsat we are now able to do it in the air. According to the first Sky High Economics survey, connected ancillary revenue will generate a total market worth $130 billion in 2035. The outlook for Asia-Pacific is particularly positive. The airline began by using Inmarsat’s SBB solution and thanks to Inmarsat’s commercial reliability and excellent track record, adding GX Aviation was a logical step. “There’s a recognition that in any industry, in order to grow you need to innovate,” he says. You may opt-out of these communications by clicking the ‘Unsubscribe’ link at the bottom of the emails at any time. Having previously reported sustained traffic growth, I5 already has 2 Airbus A320neo aircraft in operation.. 2020 has been a challenging year for all airlines including I5, which had to suspend flights for two months at the height of the COVID-19 pandemic. “We cannot succeed without great partnerships… and I count Inmarsat as one of the great partners for us, in transforming us from just another airline,” says Fernandes. As of June 2020, AirAsia India was the 4th largest carrier in India, after IndiGo , SpiceJet and Air India , … Fuelled by growing passenger numbers, airlines in Asia Pacific will benefit from a $10.3 billion boost in ancillary revenues, making this region the largest single market for broadband enabled services globally in the next two decades. AirAsia Berhad is a Malaysian low-cost airline headquartered near Kuala Lumpur, Malaysia. The full report is now ready to be downloaded. AirAsia carry millions of passengers every year (44.44m in 2018, an increase of 14% on 2017). Indeed, according to the Inflight Connectivity Survey 2018 conducted by Inmarsat, together with Populus, three quarters of passengers (72%) who had access to inflight Wi-Fi in the past year chose to use it – the highest of any region globally. สุดยอดแอพแห่งอาเซียนสำหรับการจองเที่ยวบิน ที่พัก กิจกรรม อาหาร ดีลสุดคุ้ม และอีกมากมาย เข้าไปที่ airasia.com แล้วค้นหาดีลสุดคุ้มค่าเลย! AirAsia is one of Airbus's largest customers with outstanding firm orders for thirteen A320-200Ns and 349 A321-200Ns, on top of thirty and two units of the respective types already delivered to the Malaysian carrier and a further thirteen A320-200Ns and two A321-200Ns operated by AirAsia Group's units in India and Thailand. Please tick to confirm you are happy to receive occasional marketing communications from Inmarsat. And we’re able to use data to transact better with our customers. Fernandes long-term strategy is well-placed. However, once a critical mass is reached and the tipping point of wider, mainstream recognition is reached, then acceptance can be rapid – as we are currently seeing. AirAsia also has a long-haul arm in Thailand. The first London School of Economics Sky High Economics survey found that the value of inflight broadband enabled ancillaries would be $30.1bn by 2035. AirAsia X Works To Secure Vital Debt Restructuring Approvals is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and … ROKKI, AirAsia’s inflight entertainment and connectivity platform, has consistently hailed high-speed broadband as the enabler of aviation’s digital revolution. [4] AirAsia’s share price rose briefly on Wednesday, following a positive outlook provided by AirAsia CEO Tan Sri Dr Tony Fernandes. It indicates that by 2028 the next generational cohort – Generation Z – will account for 1.2bn passengers flying each year. The carrier, which was formed out of Tune Air in 2002, is led by CEO Tony Fernandes and pioneered the cross-border joint venture in Asia, establishing Thai and Indonesian units with bases in Bangkok and Jakarta. Let your dreams come true when you book a cheap ticket to India with AirAsia! We can give you more hotels to choose from when you’re coming in. It will come back stronger in 2021" âYesterday was our 19th birthday, we're entering our 19th year. Los menús ofrecidos tienen importantes descuentos si se reservan con antelación. Air Asia aerolínea no incluye servicio de comidas gratuito en ninguno de sus vuelos excepto para la Clase Premium, que sí goza de un servicio de comida caliente y fría, más servicio de bar ilimitado. “This is because it’s become a commodity. AirAsia is the first foreign airline to set up a subsidiary in India and the company marked the Tata Group's return to the aviation industry after 60 years, having ceded Air India in 1946. Improving disruption management and operational efficiency, to minimize the impact of delays and cancellations as operations change; Austin, TX â October 15, 2020 â GE Aviation has partnered with AirAsia and today announced the go-live of its Network Operations Insights (NOI) to help reduce flight disruption impacts and save costs across AirAsia Groupâs airlines. By Liz Lee. Asia Aviation was listed on the Stock Exchange of Thailand in May 2012 and is the investment holding company of Thai AirAsia Co., Ltd. Thai AirAsia commenced its inaugural commercial flight on 4 February 2004 from Bangkok to Hat Yai. Airasia Group Bhd may see air travels returning to pre-Covid-19 levels in six to 12 months if international borders are reopen, analysts said. Copyright © 2020. Under that deal, Asia Aviation Capital sold its leasing operations to BBAM-managed entities FLY Leasing , Incline B Aviation, and Nomura Babcock & Brown , most of the aircraft and engines which were then leased back to AirAsia … And not only is GX Aviation built from the ground up – specifically for aviation – it’s future-proofed too. Find out about some of the things we do to protect people and the planet. “I don’t want to be known in years to come as an airline,” he says. We use cookies to give you a better experience on AirAsia.com. As well as having some content. AirAsia X disclosed in a statement to Malaysian stock regulators on 4 September that it and its affiliate, AAX Leasing Two, have been sued in a London court by Singapore-based, Hong Kong-listed lessor BOC Aviation for almost US$23 million related to missed payments on four aircraft leased to the airline by BOC Aviation. Fernandes has long spoken of his dream for AirAsia to evolve into a digital airline and every day sees him closer to realising that ambition. From working with legal challenges to plotting our corporate and financial strategy, and engaging with governments on policy matters or crafting corporate communications - the list of exciting challenges are endless. Airwon Aviation Academy 3rd Floor, Jayasree Tower, Sulthanpet Junction, Coimbatore Road, Palakkad, Kerala - 678001 +91 8750314434, +91 9562829606 [email protected] Head Office: Airwon Aviation Academy Office No. In recent years, this has meant transforming AirAsia from its low-cost airline roots into a forward-thinking, digital company. Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap FILE PHOTO: Tail of AirAsia X plane as seen at the ⦠CAPA Membership also gives you access to a customised selection of more than 400 global News Briefs every weekday, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. According to the Digital in 2018 report by We Are Social and Hootsuite, APAC is now home to over 2 billon internet users, equating to a penetration rate of 48%. Asia Aviation fue una empresa surgida fruto de la colaboración entre Shin Corp., que poseía el 49% de las acciones de Asia Aviation mientras que el 51% estaba en manos del inversor tailandés Sittichai Veerathammanoon. In 2001, he bought the ailing AirAsia airline from the Malaysian government for the nominal sum of RM1 (approx $0.25) and within two years he had paid off the carrier’s RM40m debt (approx. “If you think about our future ambitions in terms of the evolution of GX, all additional capacity that we are putting up now will be perfectly suited and built for the aviation market tomorrow,” says Inmarsat’s Rogerson. Sargunan Seenivasan, CEO of ROKKI, admits that because of Inmarsat’s comprehensive coverage, and allied to the creative partnership that has developed between the two companies, it can attract new partners and new advertising models – fulfilling the potential growth of broadband-enabled ancillary services. So when he speaks about his digital vision for AirAsia and his hopes for aviation’s wider inflight connectivity (IFC)-fuelled revolution, it’s always worth listening. Much like the number of passengers in the air, customer demand for IFC is only going in one direction: up. Dr Alexander Grous, the author of Sky High Economics, said that the Asia Pacific (APAC) market was set for the biggest global boost. MUMBAI: Budget carrier AirAsia India plans to add three more Airbus A320 neo planes by June next year as part of its fleet and network expansion. Book a comfortable and affordable flight to India to start your next adventure! Pangolin Investment Management Pte Ltd director Mohshin Aziz said there is a latent demand for travel, and border reopening after Covid-19 shutdowns in Asia would be a determining factor in air travel recovery. Inmarsat’s fourth annual Inflight Connectivity Survey discovered that of those that feel Wi-Fi is fundamental to daily life, 66% also believe inflight Wi-Fi is an ‘absolute necessity’. In recent years, this has meant transforming AirAsia from its low-cost airline roots into a forward-thinking, digital company. It is the largest airline in Malaysia by fleet size and destinations. MIAMI â AirAsia India (I5) will add three more Airbus A320neo aircraft to a growing fleet by June of next year. This photo is copyright protected and may not be used in any way without proper permission. Interestingly, and reflective of IATA passenger growth forecasts, this figure outstrips those predicted for Europe and North America.”. They don’t wish for inflight broadband; they expect it. The airline has also partnered with other airlines and investors to create ventures in the Philippines, India and Japan. Fernandes has been very vocal about his ambitious digital plans for his award-winning airline. When AirAsia realised that a degree of education to the end user was required, it sat down with Inmarsat and rebuilt its business model. We will know what kind of deals you would like. Since purchasing AirAsia, innovation has been the central pillar of Fernandes’ vision for the airline. The third and final chapter of the Sky High Economics also points to ways in which airlines can capitalise on changing passenger demographics and behaviour. He says that he wants a penetration rate of 60-70%. KUALA LUMPUR (Reuters) - Lessor BOC Aviation Limited (BOCA) has asked a Malaysian court to dismiss AirAsia X Bhd's debt restructuring scheme ⦠AirAsia X is needed within Asia as a medium haul airline.. Thank you for registering your details with us. Since 2014, Inmarsat and AirAsia’s alliance has really developed into a partnership of equals. Crucially, consumer behaviour is embracing digital behaviour more and more, Shunmuganathan, CDO of ROKKI, points out that in March 2019, customers paying by credit card versus cash was now split 60/40 in favour of credit cards. They are demanding to be connected at every single point of their journey and that's becoming the norm.”. The carrier, which was formed out of Tune Air in 2002, is led by CEO Tony Fernandes and pioneered the cross-border joint venture in Asia, establishing Thai and Indonesian units with bases in Bangkok and Jakarta. The airline rapidly expanded its domestic and international route network. Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap FILE PHOTO: Tail of AirAsia X plane as seen at the Garuda Maintenance Facility AeroAsia in … Read More. AirAsia is one of Airbus's largest customers with outstanding firm orders for thirteen A320-200Ns and 349 A321-200Ns, on top of thirty and two units of the respective types already delivered to the Malaysian carrier and a further thirteen A320-200Ns and two A321-200Ns operated by AirAsia Group's units in India and Thailand. Transport Minister Wee Ka Siong said earlier this week that in the Malaysian Right now we know when they buy from us, we know what they do, we know when they come to the airport, but we lose what they like when they’re on the plane. Helping to sustain his goal of digitalisation has been AirAsia’s fruitful partnership with Inmarsat. This ultimately serves to underpin Fernandes’ dream of being more than just an airline. Broadband is already a commodity and a utility. The Asean super app for booking flights, hotels, activities, food, unlimited deals and so much more! The airline is talking to the Malaysian government about receiving a USD250 million soft loan over five years, with capital raising taking place over next two to three months. Reducing cost, maximizing on time performance and improving ⦠Unsurprisingly, the backbone of IFC is the enabling qualities connectivity brings. Aviation’s connectivity revolution has really taken off in Asia-Pacific in recent months. According DGCA data, IndiGo recorded a 55.5 per cent market share in domestic aviation market while SpiceJetâs market share was at 13.4 per cent at the end of October. Crucially, it can capture the entire experience. Aviation 16 Dec 2020 BOCA says AirAsia ⦠It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click. These digital natives are less interested in airline loyalty schemes than high quality inflight connectivity. AirAsia has faced a number of challenges as it continues on its digital journey. Over 204 million shares were traded which gave the group a market value of RM2.92 billion. Lessor BOC Aviation Limited (BOCA) has asked a Malaysian court to dismiss AirAsia X Bhd's debt restructuring scheme as it rules out a debt-to ⦠AirAsia is a low cost carrier based at Kuala Lumpur International Airport, Malaysia. Las cookies nos permiten ofrecer nuestros servicios. In short, much like Inmarsat’s other forward thinking clients, such as Lufthansa, Avianca, Air New Zealand, Qatar and Citilink, who all use connectivity to enhance passenger experience, unlock the potential of ancillary revenue and drive customer loyalty, aviation’s digital transformation is allowing Fernandes to dream big. Better with our customers better. ” users stating they fly with AirAsia because of the largest low cost based... Will come back stronger in 2021 '' âYesterday was our 19th year Route network aviation built from ground. Done by the ‘ Unsubscribe ’ link at the heart of that because data is considered new! Wish for inflight broadband ; they expect it website will not function as intended without enabled! Year ( 44.44m in 2018, an increase of 14 % on 2017 ) airline with a focus Asean. Brings relevance to its customers, therefore enhancing passenger experience immeasurably begun the process of transforming it one! 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