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Search results for “Tony Fernandes”
Chinese brothers become latest airline tycoons with Juneyao Air IPO
05/27/2015
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1:00:00 PM
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Two decades ago, the Wang brothers sold flavored milk and yogurt to children in China. Last week, they sold shares in their airline in an IPO to become millionaires.
Why North American airlines have to adapt to a New World Order
05/07/2015
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10:59:57 AM
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The aviation market is in a state of upheaval, with fewer carriers competing across more borders than ever before.
Expedia increases ownership in AirAsia-Expedia joint venture
02/17/2015
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11:53:50 AM
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Expedia, Inc. announced today that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd.
AirAsia to launch Southeast Asian air pass
11/24/2014
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9:32:56 AM
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Budget carrier AirAsia said Thursday it will launch a regional air pass next year to increase revenue and boost tourism in Southeast Asia, taking competition in low-cost air travel to a more intense level.
Casino-like hedges seen hurting airlines as crude plunges
12/05/2014
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4:29:06 PM
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Some Asian carriers, like Singapore Airlines Ltd. (SIA), have hedged fuel at an average of $116 a barrel of jet fuel, when spot market rates are about $85. That can result in losses on paper as airlines will have to account for their hedges or pay charges to unwind contracts prematurely.
Assessing how AirAsia X is trying to capitalize on opportunities in China
08/21/2014
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8:34:03 AM
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If any outbound tourism source market can elicit an expenditure of $100 billion from approximately 100 million travellers in a year, then the lure of capitalizing on such opportunity is quite appealing.
Long-haul budget carrier AirAsia X’s IPO raises $310 million
07/12/2013
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10:45:01 AM
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AirAsia X Bhd., the long-haul arm of Asia’s biggest budget carrier, rose as much as 2.4 percent on its first day of trading. The airline raised 988 million ringgit ($310 million) in its initial public offering.
Expedia and AirAsia unite for major strategic joint venture
03/30/2011
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2:33:56 PM
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Hugely interesting development in Asia-Pacific with news that Expedia has entered into a joint partnership with low cost carrier AirAsia.
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