AirAsia News Stories
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.
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.
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.
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.
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.
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.
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.
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.
February 26, 2013
AirAsia reported full year profit more than tripled, thanks to a share sale of its Thai business.
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.
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.
January 22, 2013
Low-cost Southeast Asian airlines may risk their margins by buying too many planes too quickly, an influential aviation banker said.
- Airbus Wins A350 Order From Air France-KLM
- Leasing Firm CIT Orders 30 Boeing 737 MAXs
- CFM Confirms AirAsia Order to Power A320s
- Airbus Gets USD$2.6 Bln Order From Sri Lankan
- Oman Air Orders Five Boeing 737-900ERs
- Boeing Launches 787-10 With USD$30 Bln Of Orders
- Airbus Wins USD$11 Bln EasyJet Order
- Nordic Aviation Orders 90 ATR Aircraft
- Korean Air Signs Provisional USD$3.6 Bln Boeing Order
- Bombardier Gets USD$1.8 Bln Business Jet Orders