We will know what kind of deals you would like. As the opening two chapters of the LSE’s Sky High Economics survey demonstrate, IFC has the ability to both deliver extra revenue and reduce operational costs. On Wednesday, Tony Fernandes, AirAsia’s CEO, said that he believes his airline will come back stronger than before in 2021. So when he speaks about his digital vision for AirAsia and his hopes for aviation’s wider inflight connectivity (IFC)-fuelled revolution, it’s always worth listening. It will come back stronger in 2021" “Yesterday was our 19th birthday, we're entering our 19th year. According to the first Sky High Economics survey, connected ancillary revenue will generate a total market worth $130 billion in 2035. Verbatim from AirAsia Group CEO Tony Fernandes "AirAsia X is a medium haul airline with a sweet spot of five to eight hours. These were initially leased via the Malaysian parent through its wholly-owned subsidiary AirAsia Aviation Capital, but this was sold in March 2018 to BBAM. “The first stage is digitising the airline and using the digital world to make this customer experience better,” he explains. Lot 4, Level 2, Stesen Sentral Kuala Lumpur, 50470 Kuala Lumpur. สุดยอดแอพแห่งอาเซียนสำหรับการจองเที่ยวบิน ที่พัก กิจกรรม อาหาร ดีลสุดคุ้ม และอีกมากมาย เข้าไปที่ airasia.com แล้วค้นหาดีลสุดคุ้มค่าเลย! This photo is copyright protected and may not be used in any way without proper permission. And for innovative, read digitally focused. Lalitha Sivanaser, Ex-CEO of ROKKI and current CEO of OurShop, says that today the business is fundamentally driven by e-commerce, advertising, connectivity and an entertainment platform that is fuelled by this connectivity. Moreover, GX enables AirAsia’s burgeoning digital ecosystem to flourish. They are demanding to be connected at every single point of their journey and that's becoming the norm.”. “This second part of the revolution is about selling more than just AirAsia tickets,” he says. Grous said: “This is an exciting time for airlines in the region… there is $10bn in new revenue streams on the cards for airlines to play for. Copyright (c) Inmarsat Global Limited 2020. As part of its fleet and network expansion, budget carrier AirAsia India plans to add three more Airbus A320 neo planes by the month of June next year. By having our relationship with Inmarsat Wi-Fi, we continue to get to know our customers better.”. Asia Aviation. Aviation Photo #1720416 Airbus A320-216 - AirAsia [ Medium Large] Tweet. Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more. Under that deal, Asia Aviation Capital sold its leasing operations to BBAM-managed entities FLY Leasing , Incline B Aviation, and Nomura Babcock & Brown , most of the aircraft and engines which were then leased back to AirAsia … Fernandes long-term strategy is well-placed. Predicting the future can be a thankless task, but Fernandes has a few ideas regarding what connectivity will look like in the years to come. So the value of that data that those passengers are giving from the booking process, during the flight, and after, is a really valuable asset that they can monetise.”. Sargunan Seenivasan, CEO of ROKKI, admits that because of Inmarsat’s comprehensive coverage, and allied to the creative partnership that has developed between the two companies, it can attract new partners and new advertising models – fulfilling the potential growth of broadband-enabled ancillary services. When AirAsia realised that a degree of education to the end user was required, it sat down with Inmarsat and rebuilt its business model. Asia Aviation was listed on the Stock Exchange of Thailand in May 2012 and is the investment holding company of Thai AirAsia Co., Ltd. Thai AirAsia commenced its inaugural commercial flight on 4 February 2004 from Bangkok to Hat Yai. Read More. Stock analysis for Asia Aviation PCL (AAV:Bangkok) including stock price, stock chart, company news, key statistics, fundamentals and company profile. In 2001, he bought the ailing AirAsia airline from the Malaysian government for the nominal sum of RM1 (approx $0.25) and within two years he had paid off the carrier’s RM40m debt (approx. Aviation 20 Nov 2020 AirAsia X net loss widens to RM308mil. This ultimately serves to underpin Fernandes’ dream of being more than just an airline. Asia Aviation fue una empresa surgida fruto de la colaboración entre Shin Corp., que poseía el 49% de las acciones de Asia Aviation mientras que el 51% estaba en manos del inversor tailandés Sittichai Veerathammanoon. According DGCA data, IndiGo recorded a 55.5 per cent market share in domestic aviation market while SpiceJet’s market share was at 13.4 per cent at the end of October. JetPhotos.com is the biggest database of aviation photographs with over 4 million screened photos online! Since purchasing AirAsia, innovation has been the central pillar of Fernandes’ vision for the airline. The airline -- a joint venture between Tatas and Malaysia's AirAsia Investment Ltd -- currently has 32 aircraft, including two A320 neos inducted recently. Change is happening rapidly. People have had to be persuaded. An ambitious target, he concedes, but one that is comparable to any coffee shop. By Liz Lee. Airwon Aviation Academy 3rd Floor, Jayasree Tower, Sulthanpet Junction, Coimbatore Road, Palakkad, Kerala - 678001 +91 8750314434, +91 9562829606 [email protected] Head Office: Airwon Aviation Academy Office No. A year previously this figure had been weighted in the opposite direction. “We cannot succeed without great partnerships… and I count Inmarsat as one of the great partners for us, in transforming us from just another airline,” says Fernandes. And as passengers begin to see no difference between their digital lives on the ground and in the air, this has translated into a higher propensity for high-quality inflight broadband. Fernandes has been very vocal about his ambitious digital plans for his award-winning airline. All rights reserved. Air Asia Company Limited (Chinese: 亞洲航空股份有限公司) is a provider of aircraft maintenance, repair and overhaul (MRO) services headquartered in Taiwan.It is now located in the Tainan Airport.It is the only surviving member of the Pacific Corporation, but currently it is owned by Taiwan Aerospace Corporation and is no longer related to the Central Intelligence Agency ", So, we’re on Inmarsat when you are in the sky and you are using the Wi-Fi, traditionally people look at it as just putting content on there, right? MANUFACTURERS. AirAsia and GE Aviation Implement Group-Wide Network Operations Software . This presents a huge opportunity for AirAsia. The first thing to mention is that there has been a boom in passenger numbers in the area, with the volume of flyers forecasted to reach 8.2 billion in 2037. AirAsia X Works To Secure Vital Debt Restructuring Approvals is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and … Utilising the rich and sophisticated data that high-speed broadband gives them means it can better serve its passengers. We can give you more hotels to choose from when you’re coming in. Pin : 201308 The carrier, which was formed out of Tune Air in 2002, is led by CEO Tony Fernandes and pioneered the cross-border joint venture in Asia, establishing Thai and Indonesian units with bases in Bangkok and Jakarta. “To make working in AirAsia better, to be able to sell better and use the digital knowledge and data to cut cost.”. CAPA Membership also gives you access to a customised selection of more than 400 global News Briefs every weekday, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. 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