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57. AirAsia X Reports Q1 2016 Net Profit of RM179 Million
AirAsia X Berhad, the long-haul low-cost airline affiliate of the AirAsia Group, has reported a strong Q1 2016 revenue growth of 25% year-on-year to RM971 million, on the back of a 15% increase in passenger traffic and 31% growth in average base fare. Yields, as measured by Revenue per Available Seat Kilometre, surged 17% year-on-year, outpacing a 7% increase in capacity. The compa
58. AirAsia X Reports FY2013 Revenue; Plans Aggressive Cost Controls in 2014
AirAsia X recorded revenue of RM2,307.5 million for the financial year ended 31 December 2013, a 17.3% year-on-year growth as compared to RM1,967.4 million the previous year. This increase was on the back of a 19.0% y-o-y growth in Available Seat Kilometres capacity, mainly from additional flight frequencies to existing routes, and the opening of six new routes; while passenger tra
59. AirAsia Reports Q1 2011 Results; Relooking at Vietnam
AirAsia has reported a group Q1 2011 revenue of RM 1.05 billion; Profit After Tax of RM 171.93 million; load factor of 80% (up from 74% y-o-y); Revenue/ASK up 12% (y-o-y) for MAA, up 13% for TAA and 10% for IAA. EBITDAR margins for MAA, TAA and IAA rose to 38%, 22% and 37% y-o-y, respectively.
60. Vietjet Reports VND274 Billion Profit in Q4 2020
Vietjet Aviation has reported VND4,430 billion (approx. US$192 million) of consolidated revenue in the fourth quarter of 2020 and a total of VND18,210 billion (approx. US$790 million) of consolidated revenue in 2020. After-tax profit of Vietjet’s parent company was VND274 billion (approx. US$11.9 million) in Q4/2020 while consolidated after-tax profit reached VND995 billion (approx
61. LATAM Airlines Group Renews Full Content Agreement with Amadeus
LATAM Airlines Group has renewed its full content agreement with Amadeus. The full content agreement allows travel agencies subscribed to the Amadeus system to have access to all of LATAM’s flights and other services. Flight availability, pricing and other conditions provided to Amadeus travel agencies will be the same as in other channels, including LATAM’s website. Moreover, LATA
62. Tiger Airways Trials Cargo Handling Services
Tiger Airways Trials Cargo Handling Services. Tiger Airways Singapore has commenced trials in cargo handling services between Singapore and five of its existing destinations – Bangkok, Jakarta, Kuala Lumpur, Kuching and Penang.
63. ANA Awarded Anti-Trust Immunity for JV with Lufthansa
ANA and Deutsche Lufthansa are launching a strategic joint venture with each other on Japan-Europe routes after ANA received Anti- rust Immunity (ATI) approval from the Japanese Ministry of Land Infrastructure and Transport. This latest agreement between the two Star Alliance members follows the launch of a similar joint venture between ANA and United Airlines on trans-Pacific rout
64. Etihad Airways Signs MoU with Falcon Aviation Services
Etihad Airways has signed a Memorandum of Understanding with Falcon Aviation Services to add the Abu Dhabi-based helicopter charter service to the growing portfolio of preferred partnerships in Etihad’s new ‘Premium Connect’ travel service offering.

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