The tail section of the crashed AirAsia passenger jet has been located by divers in the Java Sea. The find is significant because this part of the wreckage could contain the aircraft's black box which is crucial in determining what happened to Flight QZ8501. The tail section of the plane is upside down and partially buried in the sea floor, said an Indonesian official. At the time of writing, experts are still trying to figure out how to remove the black box from the tail. Despite … [Read more...] about AirAsia flight QZ8501 tail section found
AirAsia
AirAsia X A330neo launch customer with 50 orders
AirAsia X, the long haul affiliate of Asia’s largest low cost airline, has signed a Memorandum of Understand (MOU) with Airbus for 50 A330-900neo aircraft. The agreement sees the airline become a launch customer for the latest version of the best-selling widebody. AirAsia X will also be one of the first operators of the aircraft, with deliveries to the carrier scheduled to begin in 2018. “We have been encouraging Airbus to launch this new version of the A330 for some time … [Read more...] about AirAsia X A330neo launch customer with 50 orders
Cathay Pacific Services appointed to handle AirAsia cargo in HK
Cathay Pacific Services Limited (CPSL) has announced its appointment as handling agent for AirAsia’s cargo operations and documentation at the Cathay Pacific Cargo Terminal. Operations have been running smoothly since CPSL began providing services for AirAsia on 15 May 2014. Chief executive officer of AirAsia, Aireen Omar said: “We are fastidious about cost efficiency and competency in every aspect of our operations, and are glad to find a compatible partner like CPSL which … [Read more...] about Cathay Pacific Services appointed to handle AirAsia cargo in HK
Malaysia reverses decision on new LC terminal
Malaysia has reversed its decision on building a new low-cost air terminal, after last month rejecting budget carrier, AirAsia's plan to build and operate a 1.6 billion ringgit (US$432 million) budget terminal amid concerns it may undermine the main Kuala Lumpur International (KLIA) airport. It subsequently said it has allocated 2 billion ringgit (US$540 million) to build a new low-cost terminal near the main airport as part of a massive economic stimulus package. To be built by 2011, the … [Read more...] about Malaysia reverses decision on new LC terminal
AirAsia posts first loss since going public
Noncash losses on fuel hedges and currency fluctuations dragged AirAsia to its first quarterly loss since going public in 2004, a MYR465.5 million ($128.2 million) third-quarter deficit that represented a reversal from the MYR180 million earned a year earlier. Principal charges comprised a MYR215 million loss related to the unwinding of the carrier's fuel hedges, a loss it said it will recover "in less than three months," and a MYR213 million translation loss resulting from the US dollar's rise … [Read more...] about AirAsia posts first loss since going public
Malaysia : AirAsia in top 5 Asia-Pac airline brands
AirAsia has emerged in the Top 5 among airlines in the Asia-Pacific region in a recent survey conducted by leading market insight company TNS. The ‘Top 10 Asia-Pacific Airlines’ category forms part of the Asia Pacific Top 1,000 Brands 2008 survey. The airline has recently updated its entire Malaysian fleet with the more modern and fuel efficient Airbus A320, making it the youngest, all brand new fleet in Asia. AirAsia Group CEO, Tony Fernandes said: “To be the only … [Read more...] about Malaysia : AirAsia in top 5 Asia-Pac airline brands
