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Search Result for “fernandes”

Showing 1 - 10 of 27

BUSINESS

New AirAsia Group set to steer 7 airlines

Business, Molpasorn Shoowong, Published on 06/11/2025

» All airlines under AirAsia will be consolidated under the new AirAsia Group by next month after the completion of Capital A's restructuring, with an aim to become the world's first low-cost carrier with an entire fleet of narrow-body aircraft.

BUSINESS

AirAsia parent upbeat on prospects

Business, Narumon Kasemsuk, Published on 05/10/2024

» With airfares surging 30% post-pandemic, AirAsia Group says it will not hike its fares to maintain affordability for the mass market, while it seeks to add routes on other continents by utilising long-range single-aisle jets.

BUSINESS

AirAsia spreads its wings with launch of Cambodian carrier

Business, Kuakul Mornkum, Published on 03/05/2024

» AirAsia is banking on tourism growth within Southeast Asia to establish its latest airline -- AirAsia Cambodia -- with inaugural flights getting underway on Thursday.

BUSINESS

Asian shares get lift from US tech results

Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 27/04/2024

» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.

BUSINESS

AirAsia looks outside Asean after divestment

Business, Narumon Kasemsuk, Published on 27/04/2024

» AirAsia wants to extend beyond Southeast Asia by offering aviation consulting and planning, separating aviation from non-aviation ventures.

BUSINESS

AirAsia touts Bangkok hub to Srettha

Business, Narumon Kasemsuk, Published on 11/01/2024

» In talks with Prime Minister Srettha Thavisin, AirAsia insists it plans to make Bangkok an aviation hub similar to Dubai, while calling on the government to cut the excise tax as Thailand remains one of the few countries that still has this expense.

BUSINESS

AirAsia, AirAsia X poised to merge

Business, Molpasorn Shoowong, Published on 09/01/2024

» AirAsia has announced the merger of AirAsia and AirAsia X, making Southeast Asia a multi-hub for aviation while targeting Thailand as its hub for flights to Europe.

BUSINESS

Asian equities track Wall Street higher

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 28/10/2023

» RECAP: Asian shares tracked Wall Street futures higher on Friday as Amazon.com provided welcome earnings relief, while Treasury yields fell on signs of easing inflation, underscoring expectations that the US central bank is done raising rates.

BUSINESS

Call for more low-cost airports

Business, Molpasorn Shoowong, Published on 19/09/2023

» The Thai government should consider developing a low-cost dedicated airport or terminal, especially for the two new airports in Chiang Mai and Phuket, to accelerate tourism growth, according to Tony Fernandes, the co-founder of AirAsia.

BUSINESS

AirAsia reassures market over restructuring worries

Business, Narumon Kasemsuk, Published on 27/04/2023

» Thai AirAsia insists that restructuring of the group in Malaysia will not affect operations in Thailand, while group chief executive Tony Fernandes will continue to guide the aviation business as he prepares to shift focus from airlines to other businesses.