AirAsia
Coverage of AirAsia in the Nexus archive.
- Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia
The Iran war has led to soaring jet fuel costs and flight disruptions, straining tourism-dependent economies in Southeast Asia. Countries like Thailand, Vietnam, and Cambodia face declining tourism as higher travel costs and uncertainties deter visitors, compounding challenges from the pandemic.
- Malaysia Unveils Measures to Help Airlines Hit by Iran War
Malaysia has unveiled measures to help airlines affected by the Iran war. AirAsia is one of the airlines that may benefit from these measures. The country's aircraft maintenance industry is also growing.
- Trump claims China's Xi Jinping offered help to reopen Strait of Hormuz
President Trump discussed Iran and the Strait of Hormuz with Chinese President Xi Jinping, who offered help to reopen the strait. The discussion may have economic effects on the Middle East conflict. Tony Fernandes provided insight on the economic aspects.
- AirAsia to Start New Airline, Stays Defiant on Fuel Hedging
AirAsia is starting a new airline and remains defiant on fuel hedging. The announcement was made by Tony Fernandes, with Mark Carney present at the Airbus A220 delivery center. This move indicates AirAsia's confidence in its business strategy.
- AirAsia Tests Market With Deutsche-Led $230 Million Private Debt
AirAsia is testing the market with a $230 million private debt offering led by Deutsche. The company's aircraft maintenance partner, Asia Digital Engineering Sdn. Bhd. (ADE), has expanded its facilities at Kuala Lumpur International Airport to accommodate 16 jets, reflecting growing regional demand for aircraft maintenance services.