A year previously this figure had been weighted in the opposite direction. And watching. Since 2014, Inmarsat and AirAsia’s alliance has really developed into a partnership of equals. 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. KUALA LUMPUR (Reuters) - Lessor BOC Aviation Limited (BOCA) has asked a Malaysian court to dismiss AirAsia X Bhd's debt restructuring scheme … This is where the partnership with Inmarsat has paid dividends. All rights reserved. Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. AirAsia X disclosed in a statement to Malaysian stock regulators on 4 September that it and its affiliate, AAX Leasing Two, have been sued in a London court by Singapore-based, Hong Kong-listed lessor BOC Aviation for almost US$23 million related to missed payments on four aircraft leased to the airline by BOC Aviation. And with a high number of ultra-connected millennials among its customers, being able to provide a broadband solution in the sky that replicates the service they take for granted on the ground is an absolute must. Since purchasing AirAsia, innovation has been the central pillar of Fernandes’ vision for the airline. Photo: Airbus. You may opt-out of these communications by clicking the ‘Unsubscribe’ link at the bottom of the emails at any time. Aviation News in Brief 17 December 2020. The airline has also partnered with other airlines and investors to create ventures in the Philippines, India and Japan. 09, 2nd Floor, Tower - Kaisons Square, Commercial Belt Alpha 1, Near Alpha 1 metro station, Greater Noida. As of June 2020, AirAsia India was the 4th largest carrier in India, after IndiGo , SpiceJet and Air … These digital natives are less interested in airline loyalty schemes than high quality inflight connectivity. 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. Having previously reported sustained traffic growth, I5 already has 2 Airbus A320neo aircraft in operation.. 2020 has been a challenging year for all airlines including I5, which had to suspend flights for two months at the height of the COVID-19 pandemic. ROKKI, AirAsia’s inflight entertainment and connectivity platform, has consistently hailed high-speed broadband as the enabler of aviation’s digital revolution. Aviation 20 Nov 2020 AirAsia X net loss widens to RM308mil. Inmarsat recently signed a deal with Airbus to develop its GX network to power GX Aviation for airlines through Inmarsat’s newest fleet of satellites, breaking new ground for inflight connectivity. By having our relationship with Inmarsat Wi-Fi, we continue to get to know our customers better.”. He predicted airlines in the region were set to benefit from a $10.3bn boost in ancillary revenues. Cebu Pacific welcomes converted 2nd ATR freighter. This will naturally have a knock-on effect for airlines looking to offer inflight broadband in the region. Virgin Australia restructures Boeing 737 … Book a comfortable and affordable flight to India to start your next adventure! In short, to be a travel tech operation that can utilise aviation’s on-going and comprehensive digital revolution. “Inmarsat is the partner to be able to provide this seamless high-speed internet experience across all our fleets,” Murain Shunmuganathan, Chief Digital Services Officer from ROKKI, notes. The agreement to install Inmarsat’s next-generation high-speed broadband service, GX Aviation, is significant for two crucial reasons. 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. Al utilizar nuestros servicios, aceptas el uso que hacemos de las cookies. Our full profiles are only available to CAPA Members. Malaysia AirAsia seeks to develop the next generation of AirAsia pilots through the AirAsia MPL program, a competency-based training program that is designed especially for AirAsia. As such, one of the most significant takeaways from Sky High Economics 3 is that an annual $33bn market is waiting to be secured by airlines that are willing to offer the Wi-Fi experience these passengers want. Dr Alexander Grous, the author of Sky High Economics, said that the Asia Pacific (APAC) market was set for the biggest global boost. AirAsia Berhad is a Malaysian low-cost airline headquartered near Kuala Lumpur, Malaysia. Reducing cost, maximizing on time performance and improving … Broadband is already a commodity and a utility. Despite what some historians might try and tell you, revolutions don’t happen overnight. Thank you for registering your details with us. First, it provides AirAsia’s customers with an innovative IFC service. Air Asia aerolínea no incluye servicio de comidas gratuito en ninguno de sus vuelos excepto para la Clase Premium, que sí goza de un servicio de comida caliente y fría, más servicio de bar ilimitado. The majority of this website will not function as intended without JavaScript enabled. Dassault Aviation rolls out Falcon 6X. Find out about some of the things we do to protect people and the planet. AirAsia is one of Airbus's largest customers with outstanding firm orders for thirteen A320-200Ns and 349 A321-200Ns, on top of thirty and two units of the respective types already delivered to the Malaysian carrier and a further thirteen A320-200Ns and two A321-200Ns operated by AirAsia Group's units in India and Thailand. People have had to be persuaded. AirAsia Group operates scheduled domestic and international flights to more than 165 destinations spanning 25 countries. CAPA Membership provides exclusive access to the information you need to monitor the competitive landscape and guide your organisation towards success. Crucially, consumer behaviour is embracing digital behaviour more and more, Shunmuganathan, CDO of ROKKI, points out that in March 2019, customers paying by credit card versus cash was now split 60/40 in favour of credit cards. “When you’re coming into Bangkok, we can give you deals,” explains Fernandes. 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. 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. The Asean super app for booking flights, hotels, activities, food, unlimited deals and so much more! Consumer behaviour doesn’t radically change in the blink of an eye. “We will know you. Interestingly, and reflective of IATA passenger growth forecasts, this figure outstrips those predicted for Europe and North America.”. As passenger numbers grow globally, the region is set to lead the way in terms of flyers and the number of new aircraft put into service to meet this demand. These transformations for the airline come against an exciting backdrop for the wider Asia-Pacific region. “So we can be very confident when we talk to airlines that not only are they going to be connected globally today wherever they fly, but in 5-10-15 years’ time, as their networks and as their passengers grow and demand more data, our network is going to be perfectly suited to that demand.”. AirAsia carry millions of passengers every year (44.44m in 2018, an increase of 14% on 2017). According to the first Sky High Economics survey, connected ancillary revenue will generate a total market worth $130 billion in 2035. Check out airasia.com and get only the best deals today! In short, to be a travel tech operation that can utilise aviation’s on-going and comprehensive digital revolution. 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. 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. “The first stage is digitising the airline and using the digital world to make this customer experience better,” he explains. 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. Helping to sustain his goal of digitalisation has been AirAsia’s fruitful partnership with Inmarsat. It indicates that by 2028 the next generational cohort – Generation Z – will account for 1.2bn passengers flying each year. CAPA Live is presented globally on the second Wednesday of every month. And in a similar vein to the way that Amazon now sells everything from books to food, Fernandes envisages AirAsia using the very rich and sophisticated data it accrues from its passengers in order to serve them better. He says: “This digital revolution has given me renewed energy to keep going.”. “To summarise,” Tony says, “connectivity is our enabler to many, many other services.”. Welcome to Air Power Asia Putting Asia's aviation and military power into perspective, an initiative of Air Marshal Anil Chopra (Retd) Learn more Read Insights And Latest Analysis Follow Us- … And we’re able to use data to transact better with our customers. You seem to have JavaScript disabled in your browser. In recent years, this has meant transforming AirAsia from its low-cost airline roots into a forward-thinking, digital company. For further details, please view our Privacy Policy. AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease (Covid-19), in Sepang, Malaysia April 14, 2020. — Reuters pic. AirAsia is one of Airbus's largest customers with outstanding firm orders for thirteen A320-200Ns and 349 A321-200Ns, on top of thirty and two units of the respective types already delivered to the Malaysian carrier and a further thirteen A320-200Ns and two A321-200Ns operated by AirAsia Group's units in India and Thailand. Satellites for Sustainable Development Goals, his dream for AirAsia to evolve into a digital airline, AirAsia carry millions of passengers every year, 44.44m in 2018, an increase of 14% on 2017, he wanted 60% of AirAsia’s profits to come from digital ventures, Digital in 2018 report by We Are Social and Hootsuite. Pangolin Investment Management Pte Ltd director Mohshin Aziz said there is a latent demand for travel, and border reopening after Covid-19 shutdowns in Asia would be a determining factor in air travel recovery. All this will have implications for Fernandes, AirAsia and the wider aviation sector in the coming years. Bahasa Indonesia, News AirAsia Indonesia December 18, 2020 JAKARTA. Stock analysis for Asia Aviation PCL (AAV:Bangkok) including stock price, stock chart, company news, key statistics, fundamentals and company profile. JetPhotos.com is the biggest database of aviation photographs with over 4 million screened photos online! Fernandes acknowledges that a key metric is the number of users stating they fly with AirAsia because of the strength of its connectivity. Aviation Photo #1720416 Airbus A320-216 - AirAsia [ Medium Large] Tweet. With that in mind, Fernandes looks forward to the day when people say his decision to transform AirAsia into ‘more than just an airline’ was clearly the right one. To that end, Fernandes doesn’t predict making vast sums of money from Wi-Fi. Asia Aviation. 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. Sign up now. Read More. AirAsia X is needed within Asia as a medium haul airline.. We now have the ability to continue the selling experience.”. Lot 4, Level 2, Stesen Sentral Kuala Lumpur, 50470 Kuala Lumpur. It’s also learning a lot about its customers through the data it accrues and this has led to new ways of personalising messages or targeted adverts to these passengers. AirAsia X Works To Secure Vital Debt Restructuring Approvals is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and … 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. Fuelled by growing passenger numbers, airlines in Asia Pacific will benefit from a $10.3 billion boost in ancillary revenues, making this region the largest single market for broadband enabled services globally in the next two decades. Indeed, it’s forecast that the region will account for 40% of the 37,000 new aircraft that will emerge in the next 20 years. The full report is now ready to be downloaded. AirAsia's extensive domestic and regional network includes services within Malaysia and to China, Southeast Asia and the Subcontinent. Aviation’s connectivity revolution has really taken off in Asia-Pacific in recent months. As well as having some content. 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 … From working with legal challenges to plotting our corporate and financial strategy, and engaging with governments on policy matters or crafting corporate communications - the list of exciting challenges are endless. Chris Rogerson attributes much of this transformation to the pioneering work done by the ‘digitally focused’ AirAsia. We use cookies to give you a better experience on AirAsia.com. AirAsia has faced a number of challenges as it continues on its digital journey. “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. This brings relevance to its customers, therefore enhancing passenger experience immeasurably. A joint venture between Tatas and AirAsia Investment Limited of Malaysia, the airline currently has 32 aircraft, including two A320 neo planes inducted recently. They don’t wish for inflight broadband; they expect it. This photo is copyright protected and may not be used in any way without proper permission. 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. Find all our announcements and a selection of imagery – and sign up to receive our latest news. Utilising the rich and sophisticated data that high-speed broadband gives them means it can better serve its passengers. UPDATED: AirAsia X sued by lessor BOC Aviation. The airline -- a joint venture between Tatas and Malaysia's AirAsia Investment Ltd -- currently has 32 aircraft, including two A320 neos inducted recently. Verbatim from AirAsia Group CEO Tony Fernandes "AirAsia X is a medium haul airline with a sweet spot of five to eight hours. On Wednesday, Tony Fernandes, AirAsia’s CEO, said that he believes his airline will come back stronger than before in 2021. MANUFACTURERS. It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click. This ultimately serves to underpin Fernandes’ dream of being more than just an airline. AirAsia will be back stronger in 2021, with international operations starting to open up within the next six months. So what does success look like? Future benefits will come from the advent of 5G technology, Artificial Intelligence (AI) and blockchain technology. Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap FILE PHOTO: Tail of AirAsia X plane as seen at the … They are demanding to be connected at every single point of their journey and that's becoming the norm.”. Change is happening rapidly. “If you're thinking about a desire for data,” says Rogerson, “the millennials, and even more so Gen Z, will have an even higher desire. I’m more interested in the content that we provide and obviously the service that you (Inmarsat) provide on the reliability to make it a differentiator and to earn money and provide a better service through that.”. And that Inmarsat remains a trusted and valued partner at every stage. “I don’t anticipate making any money from Wi-Fi in the long run,” he suggests. JetPhotos.com is the biggest database of aviation photographs with over 4 million screened photos online! “This second part of the revolution is about selling more than just AirAsia tickets,” he says. The outlook for Asia-Pacific is particularly positive. According to Fernandes the scope of digitalisation is so broad, no aspect of the business is left untouched. Pin : 201308 This presents a huge opportunity for AirAsia. 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 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. Dream big, be bold and explore new terrain starting with one of our flights. Please tick to confirm you are happy to receive occasional marketing communications from Inmarsat. Fernandes has long spoken of his dream for AirAsia to evolve into a digital airline and every day sees him closer to realising that ambition. Inmarsat owns and operates the world’s most reliable global satellite networks. 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. Crucially, it can capture the entire experience. ", 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? Las cookies nos permiten ofrecer nuestros servicios. Informa Markets, a trading division of Informa PLC. Thai AirAsia is 55% owned by Asia Aviation, 45% owned by AirAsia International, 39% owned by King Power The airline sponsors the Thai football teams Buriram United, SCG Muangthong United, Chonburi, Osotspa Saraburi, BEC Tero Sasana, Chiangrai UTD, Esan United, Chainat, Samut Prakan CUTD, Bangkok United, FC Phuket, Krabi, Air Force United, Nakhon Phanom, Loei City, Trang and the … Aviation News in Brief 11 December 2020. Check out airasia.com and get only the best deals today! 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. CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries/territories around the world. In APAC this is even more acute – 78% of respondents across the region felt IFC was an absolute necessity. Indeed, according to the Inflight Connectivity Survey 2018 conducted by Inmarsat, together with Populus, three quarters of passengers (72%) who had access to inflight Wi-Fi in the past year chose to use it – the highest of any region globally. This photo is copyright protected and may not be used in any way without proper permission. As of June 2020, AirAsia India was the 4th largest carrier in India, after IndiGo , SpiceJet and Air India , … “I want to be seen as a mobility player that also provides more than just moving people from A to B.”. Wi-Fi gives us the ability to transact and, importantly, to do online payments. “And using the data, and using the ability to communicate with our guests not just on the ground, with Inmarsat we are now able to do it in the air. 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. When AirAsia realised that a degree of education to the end user was required, it sat down with Inmarsat and rebuilt its business model. 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. The first London School of Economics Sky High Economics survey found that the value of inflight broadband enabled ancillaries would be $30.1bn by 2035. Much like the number of passengers in the air, customer demand for IFC is only going in one direction: up. The third and final chapter of the Sky High Economics also points to ways in which airlines can capitalise on changing passenger demographics and behaviour. According to the Digital in 2018 report by We Are Social and Hootsuite, APAC is now home to over 2 billon internet users, equating to a penetration rate of 48%. AirAsia and GE Aviation Implement Group-Wide Network Operations Software . AirAsia is a low cost carrier based at Kuala Lumpur International Airport, Malaysia. In a revealing conversation with Inmarsat’s Regional Vice President for Asia Pacific, Chris Rogerson, the pair discuss everything from the challenges involved in embracing Wi-Fi in the sky to connectivity’s role as the great enabler. AirAsia Group operates scheduled domestic and international flights to more than 165 destinations spanning 25 countries. AirAsia Indonesia telah menyelenggarakan penerbangan khusus kargo ke Samarinda pada tanggal 16 September 2020 untuk membawa muatan kargo yang merupakan logistik penanganan COVID-19 Badan Nasional Penanggulangan Bencana (BNPB) untuk provinsi Kalimantan Timur. We can give you more hotels to choose from when you’re coming in. Aviation Updates Philippines – Low-cost carrier AirAsia Philippines says it has already processed 158,324 cases of refund requests, as of November 10, 2020.This translates to roughly 70 percent of the total 205,141 refund cases the airline incurred since January. Initial adoption of a new technology can be slow and cautious. And for innovative, read digitally focused. “If you think about our future ambitions in terms of the evolution of GX, all additional capacity that we are putting up now will be perfectly suited and built for the aviation market tomorrow,” says Inmarsat’s Rogerson. “To make working in AirAsia better, to be able to sell better and use the digital knowledge and data to cut cost.”. By the end of 2019, Inmarsat’s GX Aviation – the world’s first inflight connectivity with seamless, reliable high-speed global coverage – will form the backbone of the airline’s digital cabin offering. In recent years, this has meant transforming AirAsia from its low-cost airline roots into a forward-thinking, digital company. You can also choose from our range of premium add-ons, including MRO Matrix, Route Maps, Fleet Data and more. Lessor BOC Aviation Limited (BOCA) has asked a Malaysian court to dismiss AirAsia X Bhd's debt restructuring scheme as it rules out a debt-to … In a Bloomberg interview, Fernandes said AirAsia is “quietly optimistic” for 2021 with a focus on Asean. Thanks to the long-term planning of its visionary co-founder and CEO, Tony Fernandes, AirAsia is regarded as one of the most innovative airlines flying today. I’d like to take AirAsia beyond being an Airline. We will know what kind of deals you would like. AirAsia is the first foreign airline to set up a subsidiary in India and the company marked the Tata Group's return to the aviation industry after 60 years, having ceded Air India in 1946. AirAsia is a low cost carrier based at Kuala Lumpur International Airport, Malaysia. The next CAPA Live is on 13-Jan-2021. Providing ultimate inflight connectivity for from voice and safety communications to high-speed, reliable broadband in the cabin, We enable organisations to work more efficiently, more safely and more sustainably across their land operations, Providing the utmost reliability for voice, data and video services with global reliability across the globe, Thousands of vessels rely on our unrivalled end-to-end service availability and coverage for operational and safety services. International Airport, Malaysia be air asia aviation the heart of that because data is considered the new oil Markets a! S next-generation high-speed broadband gives them means it can better serve its passengers would like it hasn ’ been. Of equals were set to benefit from a $ 10.3bn boost in revenues! 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