AirAsia News Stories

CFM Confirms AirAsia Order to Power A320s

June 19, 2013

Aircraft engine maker CFM International confirmed an order from AirAsia, Asia's largest low-cost carrier, to power 100 Airbus A320 aircraft.
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Malindo Airways Squeezes AirAsia At Home

June 5, 2013

Malaysia's AirAsia, which has dominated budget air travel in Asia with explosive growth over the past decade, faces serious competition at home just as it tries to scale up operations in the region.
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AirAsia May Order More Airbus A320s

May 24, 2013

Asia's largest budget carrier AirAsia may order an additional 50 Airbus A320s on top of its existing order for 475 of the Airbus model, chief executive Tony Fernandes said.
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AirAsia Q1 Profit Hit By Financing Costs

May 22, 2013

Malaysia's AirAsia, Southeast Asia's biggest budget airline by passenger traffic, posted a 39.23 percent fall in first-quarter profits on Wednesday, hurt mainly by higher finance costs and a foreign exchange loss on borrowings.
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Southeast Asia Budget Airlines Bet On Growth

March 24, 2013

Lion Air's record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a serious challenge to AirAsia, the region's biggest budget airline.
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AirAsia, Lion Bosses Spar Over Plane Orders

March 21, 2013

AirAsia boss Tony Fernandes questioned his rival's growth plans after Lion Air agreed a USD$24 billion Airbus order, while pledging to preserve his own ties with the European jet maker.
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AirAsia Buys Into Philippine's Zest Airways

March 11, 2013

The Philippine unit of Asia's biggest budget airline AirAsia has agreed to acquire 49 percent of small-scale regional carrier Zest Airways, as it moves to turn its Philippines business into a moneymaking operation.
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AirAsia Shares Rise On Dividend Pledge

February 27, 2013

Shares in AirAsia rose nearly 10 percent on Wednesday, their biggest one-day jump since March 2012, after the company said it will pay a dividend from this year, its first official dividend policy since listing in 2004.
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AirAsia Profit Surges On Thai Share Sale

February 26, 2013

AirAsia reported full year profit more than tripled, thanks to a share sale of its Thai business.
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AirAsia Plans Indian Airline JV With Tata

February 20, 2013

Malaysia's AirAsia, Asia's largest budget carrier, plans to launch a regional airline in India in a venture with the Tata group, marking a return to aviation for India's biggest business group.
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It's Boom Or Bust For Indonesian Carriers

February 7, 2013

Indonesia's economic boom should be a bonanza for airlines looking for a slice of the world's fourth-most populous country. But the bankruptcy of its number four airline, Batavia Air, shows how smaller operators are finding it hard to survive.
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