Category Archives: AirAsia (India)

AirAsia Group is now Capital A

AirAsia Group Berhad has announced a name change for the group holding company to become Capital A Berhad (Capital A or the Group).

The name change reflects the Group’s new core business strategy as an investment holding company with a portfolio of synergistic travel and lifestyle businesses, which have rapidly transformed the AirAsia brand into much more than just an airline.

CEO of Capital A, Tony Fernandes said: “This is not just about unveiling a new logo. It’s a significant milestone that marks a new era for the Group. Today’s announcement reinforces we are not just an airline anymore.

“While the airline will always underpin the AirAsia brand, it has long been my firm intention, well before Covid hit, to leverage the strong data we have built up over 20 years and incorporate industry-leading new technologies to offer a broad range of products and services, over and above selling just airfares. The pandemic has allowed us to accelerate that strategy.

“Our brand has continuously evolved based on driving innovation and meeting ever changing consumer demand. The strategy behind the change of name is to introduce a new corporate identity that better reflects the Group’s core businesses today and its future undertakings, in tandem with our rapid transformation from an airline into a one-stop digital travel and lifestyle services group. We believe that the new company name will also further enhance the marketability of our products and boost the success of our Group for the long haul.

“Essentially Capital A is an investment company with a broad portfolio of businesses which all deliver the best value at the lowest cost, supported by strong data built up over two decades. We also have one of Asia’s leading brands to ride on, a strong people-first culture and an underlying promise of remaining committed to serving the underserved in all that we do. Just like what the airline has done from day one, all of our different lines of business will deliver the same strategy that is underscored by doing what we do best – making travel and everyday lifestyle services affordable, accessible and inclusive to all.

“We are now delivering more products and services under one umbrella than any other brand in Asean and with access to over 700 million people in the region, I foresee incredible growth opportunities for our brand across many different industries in all of our core markets.

“We have 16 products and services on our airasia Super App, providing not only the best value flight and travel deals but also everyday lifestyle needs, from food to retail and e-commerce, to same day delivery, ride hailing and much more. We are already one of the top three online travel agents (OTAs) in Asean and our super app is on track to become the leading lifestyle app in the region very soon.

“All of our portfolio businesses are well on the way to becoming industry leaders in their respective fields across Southeast Asia, including BigPay, our aircraft engineering division Asia Digital Engineering (ADE) and logistics venture Teleport.

“We already have over 50 million monthly unique visitors on our super app which has been recognised as a tech unicorn in under two years, our fintech business BigPay, has been given a significant injection of USD $100million from South Korea conglomerate SK Group and overall we have raised over RM2.5 billion to date through our fundraising strategy. Following strong consumer and investor support for our transformation strategy, we now set our sights on further capital raising initiatives for the airasia Super App, Teleport and ADE which will be announced in due course.”

On the airline, Tony commented: “While Capital A will be the new Group holding company name, one thing that isn’t changing is the AirAsia brand name for our airlines. It’s one of the strongest brands in Asia and provides a solid platform for all of our other products and services to leverage from each other.

“Even though the last two years have been the most difficult and disrupted years in the history of commercial aviation, I welcome the year ahead with much greater confidence. Domestic air travel has already started to rebound in our key markets. While there may be some delays for international flights to return to pre-Covid levels due to the Omicron variant, I believe this will be short-lived as many global health experts are also predicting, alongside accelerated vaccines and booster shots as well as the world gradually learning to live with Covid. I am hopeful borders will reopen gradually throughout 2022 and we will see a return to normal capacity for our international services by the middle to third quarter of this year.

“Over the past two years we have spent the downturn in flying building a solid foundation for a viable and successful future, which is not solely reliant on airfares alone. Capital A signals an exciting new era for our airlines and all of our other portfolio businesses within the Group as we embark on a significant new growth phase.

“Importantly, the best is yet to come. We have pivoted, we have transformed and we have a five year plan in place which will see non airline revenues contributing around 50 percent of overall Group revenue by 2026. Once the airlines return to pre-Covid levels in the near future all of our other lines of business will benefit significantly and will all soar to new heights in tandem with one another.”

By 2026 Capital A aims to achieve amongst others:

  • Group airlines connecting over 1 billion people in Asean.

  • The engineering division (ADE) becomes an industry leader for maintenance, repair and overhaul (MRO) services in Southeast Asia.

  • airasia Super App to be the super app of choice in Asean.

  • 10 million monthly active users for BigPay.

  • 10% market share in Southeast Asia for Teleport, in the logistics and e-commerce industry.

  • 5 million sign ups for edutech arm AirAsia Academy.

  • Over 21 million monthly orders on airasia grocer.

The new holding company name, Capital A, is immediately effective following the successful registration of the name by the Companies Commision of Malaysia announced on January 3 and the subsequent formal approvals received yesterday.

The name change from AirAsia Group Berhad to Capital A Berhad will not have any effect on the Company’s ongoing operations. The AirAsia stock name on the main Board of Bursa Malaysia Securities Berhad will change with immediate effect to reflect the new company name.

AirAsia converts its remaining Airbus A320 aircraft orders to the A321neo

AirAsia Group has reaffirmed its commitment to transform its present mainly-A320 aircraft fleet to the higher-capacity, more fuel-efficient Airbus A321neo with the signing of an amendment agreement with Airbus S.A.S., in which AirAsia will convert its remaining A320 aircraft orders to the A321neo.

The contract marked AirAsia’s commitment to purchase the largest model in the best-selling A320 Family. Seating up to 236 passengers in a single class layout, the A321neo will enable the airline to increase capacity while benefiting from the lowest operating costs in the single aisle category. Equipped with Airbus’s Space-Flex Cabin that allows for a more efficient configuration of the cabin space, the A321neo delivers an optimal passenger comfort and efficiency.

With the conversion of its remaining 13 A320 undelivered aircraft to the A321neo, AirAsia now has a total order of 362 A321neo aircraft that will be allocated based on demand among its airlines within the Group, with deliveries up until 2035, as agreed between AirAsia and Airbus.

AirAsia received its first A321neo in November 2019 and currently has a total of 4 A321neo in service.

At present, the Group has a total fleet size of 211 aircraft comprising 169 A320, 38 A320neo and 4 A321neo aircraft.

AirAsia India adds six new routes

AirAsia India has made this announcement:

Committed to strengthening its presence and improving connectivity in India, AirAsia India launched six new routes connecting Mumbai – Goa,  Chennai – Ahmedabad, Goa – Chennai, Mumbai- Chennai, Chennai – Visakhapatnam, and Jaipur – Kolkata.

Identifying the demand forecast in the festive season and driven by its mission to enhance the air connectivity in the country,  the airline has embarked on a steady growth path as the travel industry recovers. With offerings such as ‘Flex Fares’, allowing guests the  flexibility to change their travel dates unlimited number of times at no additional cost, AirAsia India is focused on ensuring a convenient and hassle free travel.

The airline recently announced an array of innovative services at affordable prices like Flyporter doorstep baggage pick-up and delivery service for guests boarding from Mumbai, Bengaluru or Hyderabad at an introductory price of ₹500 while also launching RedCarpet services offering Priority Check-In, Boarding and Baggage at ₹400. AirAsia India also announced a partnership and microsite with Avis where guests can get preferred prices and offers like complimentary upgrades on safe and secure chauffeur or self-drive vehicles while also restarting its inflight meal service for guests who pre-book from ₹200, touted as the widest range of hot meals in the Indian skies.

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AirAsia India welcomes its first Airbus A320neo

AirAsia India welcomed its first Airbus A320neo (new engine option), which arrived in New Delhi on October 21, 2020 from Airbus’s production facility in Toulouse, France. The airline celebrated the induction of its 31st aircraft registered VT-ATD at the Indira Gandhi International Airport, New Delhi. AirAsia India’s first A320neo departed Toulouse at 1900 local time (October 20) and landed in New Delhi, one of the airline’s hubs at 0710 IST (October 21) with a crew consisting of senior pilots, cabin crew and engineers.

The 186 seater aircraft is the latest version of the best-selling from Airbus A320 Family and reinstates its position as one of the world’s most advanced and fuel-efficient single-aisle aircraft. Our A320neo is fitted with LEAP-1A engines by CFM International and features large, fuel-saving wingtip devices known as Sharklets. The A320neo also offers nearly 50% reduction in noise footprint compared to previous generation aircraft. The Airbus A320neo is the culmination of several technological advances delivered by Airbus’ continuing commitment and investment in the most successful aircraft Family of all times which helps airlines optimise overall operations, thus enabling better business outcomes. The A320neo offers longer range and unbeatable efficiency with some of the key benefits, including a 20% reduction in fuel consumption, similar reduction in emissions and lower maintenance costs.

From an inflight health safety perspective, like all Airbus aircraft the A320neo is equipped with HEPA (High Efficiency Particulate Arresters) aircraft filtration systems which filter 99.99% of particles and airborne contaminants such as viruses and bacteria. The constant ‘downwash’ of air @1m/sec mitigates the risk of cross contamination even as the entire cabin air is refreshed every 2-3 minutes, with the highest possible quality of air, offering a level of performance similar to those used to keep the air clean in hospital surgical operating rooms.

All of AirAsia India’s operational assets belong to the Airbus A320 family,  which is the world’s most popular single-aisle aircraft family and is the preferred choice with airlines, from low cost carriers to other business models.

AirAsia India unveils a logo jet in tribute to Indian aviation pioneer J.R.D. Tata

AirAsia (India) A320-200 VT-JRT (15-The Pioneer)(Drawing)(AirAsia)(LRW)

AirAsia India (Chennai) yesterday (March 21) celebrated the unveiling of Airbus A320-216 VT-JRT (msn 3448, ex OK-NES) (below). The unique livery is a tribute to Indian aviation pioneer J.R.D. Tata with a Puss Moth, the aircraft he flew on October 15, 1932, leading to the start of Tata Airlines and the start of aviation in India.

“The Pioneer” is the fourth Airbus A320 for the new airline which commenced scheduled passenger operations on June 12, 2014.

AirAsia (India) A320-200 VT-JRT (15-The Pioneer)(Grd)(AirAsia)(LR)

AirAsia (India) A320-200 VT-JRT (15-The Pioneer)(Grd-1)(AirAsia)(LR)

All photos and images by AirAsia India.

Video:

Below Photo: AirAsia India. Mr. Ratan Tata is pictured signing his photo mural in the cabin of VT-JRT during the event.

AirAsia India Ratan Tata signing photo on VT-JRT (AirAsia India)(LRW)

AirAsia India to start low-fare operations on June 12

AirAsia (airasia.com) (India) (Chennai) will commence low-fare operations on June 12 between Bangalore and Goa.

According to the Economic Times, AirAsia India “will charge passengers for check-in luggage. Cancelled tickets will not earn a refund. Passengers cannot eat their own food on board.”

AirAsia India is a joint venture, partnering AirAsia, Tata Sons Limited and Mr. Arun Bathia of Telestra Tradeplace Pvt. Ltd.

The entrance of AirAsia is expected to ignite a new fare war in India.

Read the full account from the Sydney Morning Herald: CLICK HERE

Read the feature article by Bloomberg Businessweek: CLICK HERE

Copyright Photo: Eurospot/AirlinersGallery.com. AirAsia India’s fleet will be drawn from the 475 A320 Family aircraft ordered by the AirAsia Group. To date, almost a third of the aircraft on order have already been delivered and are flying on AirAsia Group’s operations out of Kuala Lumpur, Bangkok, Jakarta, Manila and now Chennai. Airbus A320-216 F-WWBV (msn 6015) became VT-AIF on delivery.

AirAsia India takes delivery of its first Airbus A320

AirAsia (India) A320-200 WL VT-ATF (03)(Grd) TLS (Airbus)(LR)

AirAsia India (Chennai) has taken delivery of its first aircraft, an Airbus A320 (A320-216 VT-ATF, man 6015) equipped with Sharklets, becoming the newest operator of the type. VT-ATF was handed over yesterday (March 21). AirAsia India will take delivery of an additional nine aircraft for its initial fleet of 10 A320s, to serve India’s rapidly growing domestic air traffic. Powered by CFM engines, the aircraft is configured in an all economy layout with 180 seats.

The new airline is a joint venture between AirAsia Group, Tata Sons and Telstra Tradeplace.

AirAsia India’s fleet will be drawn from the 475 A320 Family aircraft ordered by the AirAsia Group. To date, almost a third of the aircraft on order have already been delivered and are flying  on AirAsia Group’s operations out of Kuala Lumpur, Bangkok, Jakarta, Manila and now Chennai. The AirAsia Group has also ordered 51 A330s and 10 A350 XWBs for its long haul affiliate AirAsia X.

Copyright Photo: Airbus.

AirAsia to unveil a Taylor Swift logo jet in June, net profit for 2013 falls, AirAsia India moves ahead

AirAsia (Malaysia) (Kuala Lumpur) according to Reuters, saw its fourth-quarter profit drop by 19 percent on higher expenses for fuel and aircraft maintenance.

Net profit for the three months ending on December 31, 2013 fell to 245.4 million ringgit ($75.05 million), while net profit for the full year of 2013 was 364.1 million ringgit ($111.4 million) compared to 789.6 million ringgit ($241.5 million) in 2012 due to the prior year’s gain from the disposal of its shares in Thai AirAsia joint venture.

Read the full report: CLICK HERE

Meanwhile, AirAsia India (Madras-Chennai) (above), the new joint venture with the Tata Group moves ahead. The DGCA has rejected the objections of other Indian airlines that new joint venture would disrupt Indian airline industry “equilibrium” according to The Economic Times.

Read the full report: CLICK HERE

 

In other news, AirAsia announced that it will be the official airline for seven-time Grammy winner Taylor Swift’s The Red Tour presented by Cornetto, which will be coming to southeast Asia this year. Taylor Swift will be bringing her tour to Southeast Asia in June 2014, with shows in Jakarta, Manila, Bangkok, Kuala Lumpur and Singapore.

As the official airline for Taylor Swift’s The Red Tour presented by Cornetto, AirAsia will unveil an exclusive Airbus A320 aircraft livery featuring international superstar Taylor Swift.

 

Siegtraund Teh, Group Chief Commercial Officer for AirAsia said, “We are very proud to be the official airline for Taylor Swift’s tour in Southeast Asia, which is aptly named The Red Tour, synonymous with AirAsia’s corporate colors. With AirAsia’s strong route network in Asia, especially in Asean, we are definitely the best people to connect Taylor and her crew to all of her tour destinations. Taylor Swift fans can look forward to spotting the special Taylor Swift branded Airbus A320 painting the skies of Asean Red this coming June.”

“We’ve always taken branding to a different level at AirAsia and this opportunity to work with Taylor and her team marks yet another milestone for us as we continue to build the AirAsia brand globally.  We will be running contests across our network, which will surely be a treat to all of her fans.” Siegtraund Teh added.

Taylor’s The Red Tour performance features two stages, elaborate costumes, dancers, and changing sets. Taylor moves around the venue, giving every audience member a great seat. Taylor plays electric guitar, banjo, piano and acoustic guitar and changes costumes multiple times over the course of the evening. Her set features several songs from her record-breaking RED album, as well as new takes on other fan favorites.

Taylor Swift, who writes all of her own songs, is a seven-time Grammy winner, and is the youngest winner in history of the music industry’s highest honor, the Grammy Award for Album of the Year. She is the #1 digital music artist of all time, the only female artist in music history (and just the fourth artist ever) to twice have an album hit the 1 million first-week sales figure, and is the first artist since the Beatles (and the only female artist in history) to log six or more weeks at #1 with three consecutive studio albums. Taylor has an album on Rolling Stone’s prestigious The 50 Greatest Albums of All Time (by women) list, Time magazine has named her one of the 100 Most Influential people in the world, and she is Billboard’s youngest-ever Woman of the Year. Taylor, who is signed to Big Machine Records, has career record sales in excess of 26 million albums and 75 million song downloads worldwide, and has had singles top both the country and pop radio charts around the globe.

Copyright Photo: Eurospot/AirlinersGallery.com. The first Airbus A320 for AirAsia India is now painted at Toulouse. Wearing a test registration of F-WWBV (msn 6015), the pictured A320-216 with Sharklets will become VT-AIF on delivery.

AirAsia (Malaysia): AG Slide Show

India to review the AirAsia-Tata joint venture proposal on March 6

AirAsia (AirAsia.com) (Malaysia) (Kuala Lumpur) and the Tata Group (Mumbai) have announced a new joint venture proposal. If approved by the Indian government the new JV would bring a new low-fare airline to India under the AirAsia brand based in Chennai.

According to this report by One India News the Indian Finance Ministry is due to take up the proposal before the Foreign Investment Promotion Board (FIPB) on March 6.

AirAsia has applied to control 49 percent in this new joint venture with Tata Sons Ltd and Arun Bhatia’s Telestra Tradeplace Pvt Ltd. If approved, this will be the return of Tata to the aviation business. State-owned Air India grew out of Tata Airlines, which began operations in 1932. Ironically Air India (Mumbai) and other Indian carriers are likely to oppose the entry of AirAsia.

Read the full report: CLICK HERE

Copyright Photo: Guillaume Besnard. AirAsia’s Airbus A320-216 9M-AFQ (msn 3018) in the special ZOOM! color scheme arrives at Bangkok.

AirAsia (Malaysia): AG Slide Show