- 02/14/16--21:36:
MUMBAI: AirAsia India CEO Mittu Chandilya is not quitting the airline, AirAsia Group chief Tony Fernandes said today as he announced that the 2-year old Indian carrier would "shortly" add two aircraft as part of its fleet expansion plans.
"I read about Mittu calling it quits from you guys. I absolutely deny it. There is no substance to the rumours," the Malaysian airline group chief told reporters at the Make in India week here.
Unconfirmed reports had a few days ago said that Chandilya has put in his papers.
To questions on the loss-making airline's much-delayed fleet expansion plan, Fernandes said two more planes would be inducted "shortly and a dozen later" but did not put a time line to these deliveries.
AirAsia India, which currently has six Airbus A320-200 planes, is a joint venture in which Malaysia's AirAsia Bhd holds 49 per cent, Tata Sons Ltd 41 per cent and Arun Bhatia of Telestra Tradeplace Pvt Ltd the rest.
On the issue of 5/20 rule to enable an Indian carrier fly abroad, Fernandes said "all I am looking for is the ease of doing business. I hope basically your aviation sector is made easy". The rule allows only those Indian airlines which have a 20 aircraft fleet and have operated on the domestic sector for five years to fly abroad.
Besides 5/20 rule, he said "your airports are very costly and your fuel taxes are one of the highest. Please make businees easier to do."
He replied in the affirmative to questions on further capital infusion in AirAsia India but did not elaborate.
AirAsia India and Tata-Singapore Airlines venture Vistara are the prime opponents of the 5/20 rule, which is being supported by almost all major Indian carriers.
Regarding reported disagreements between the partners of AirAsia India, Fernandes said the Tatas were "a fantastic partner" but parried questions on some objections allegedly raised by the third partner, businessman Arun Bhatia, in a board room battle which had reportedly erupted recently.
On whether the Group had "underestimated" the Indian aviation market, Fernandes said "never. But we are taking time to understand it better. ... And aviation is a long-term business and we are here to for the long-term as well."
"I read about Mittu calling it quits from you guys. I absolutely deny it. There is no substance to the rumours," the Malaysian airline group chief told reporters at the Make in India week here.
Unconfirmed reports had a few days ago said that Chandilya has put in his papers.
To questions on the loss-making airline's much-delayed fleet expansion plan, Fernandes said two more planes would be inducted "shortly and a dozen later" but did not put a time line to these deliveries.
AirAsia India, which currently has six Airbus A320-200 planes, is a joint venture in which Malaysia's AirAsia Bhd holds 49 per cent, Tata Sons Ltd 41 per cent and Arun Bhatia of Telestra Tradeplace Pvt Ltd the rest.
On the issue of 5/20 rule to enable an Indian carrier fly abroad, Fernandes said "all I am looking for is the ease of doing business. I hope basically your aviation sector is made easy". The rule allows only those Indian airlines which have a 20 aircraft fleet and have operated on the domestic sector for five years to fly abroad.
Besides 5/20 rule, he said "your airports are very costly and your fuel taxes are one of the highest. Please make businees easier to do."
He replied in the affirmative to questions on further capital infusion in AirAsia India but did not elaborate.
AirAsia India and Tata-Singapore Airlines venture Vistara are the prime opponents of the 5/20 rule, which is being supported by almost all major Indian carriers.
Regarding reported disagreements between the partners of AirAsia India, Fernandes said the Tatas were "a fantastic partner" but parried questions on some objections allegedly raised by the third partner, businessman Arun Bhatia, in a board room battle which had reportedly erupted recently.
On whether the Group had "underestimated" the Indian aviation market, Fernandes said "never. But we are taking time to understand it better. ... And aviation is a long-term business and we are here to for the long-term as well."
http://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/mittu-chandilya-not-quitting-airasia-india-tony-fernandes/articleshow/50984428.cms
AirAsia's Malaysian operations posted a 10% increase in the number of passengers carried last year to 24.25 million. The EPA photo shows a police motorcyclist moving past an AirAsia billboard in Kuala Lumpur.
KUALA LUMPUR: The AirAsia group carried 50.68 million passengers in the 2015 financial year (FY15), up 11% from 45.58 million passengers in the preceding year.
In its preliminary operating statistics released on Monday, the low-cost airline said its capacity rose 9% to 63.34 million versus 58.16 million previously.
“The load factor rose by two percentage points year-on-year (yoy) to 805,” the company said.
It said Malaysia AirAsia (MAA) posted a 10% increase in the number of passengers carried last year to 24.25 million, gained 7% in capacity to 30.08 million and added two percentage points in load factor.
As for its units in other countries, AirAsia India saw the number of passengers it carried soared by 324% to 1.46 million in 2015 versus 345,298 in 2014 while capacity increased by 322% to 1.82 million from 430,560 and load factor gained one percentage point yoy to 81%.
However, Indonesia AirAsia recorded a decrease of 17% in the number of passengers carried to 6.52 million last year compared with 7.85 million previously, while capacity was down 13% to 8.76 million from 10.04 million and load factor eased 4% to 74 percentage points yoy.
For the fourth quarter (Q4) ended Dec 31, 2015 (4Q15), the AirAsia group’s load factor increased by 5 percentage points to 83% compared with the same quarter a year ago.
It said the number of passengers carried in Q4 rose by 12% yoy to 13.5 million, ahead of the 6% increase in capacity.
“At the end of 2015, the group has a fleet size of 170 aircraft (171 including one aircraft that was delivered to AirAsia Japan in 4Q15, which has not commenced operation),” it said.
It said MAA posted a load factor of 85% in 4Q15, up seven percentage points yoy.
AirAsia said demand exceeded capacity with 10% increase in the number of passengers carried at 6.5 million and 1% yoy increase in capacity.
“MAA ended the quarter with a total fleet of 80 aircraft. Three new routes commenced operations during the quarter: Kuala Lumpur-Male, Changsha and Colombo. Frequencies were added on three routes: Kuala Lumpur-Kochi and Jakarta; and Johor Baru-Ho Chi Minh City,” it said.
Meanwhile, Thai AirAsia recorded a load factor of 82% in 4Q15, up three percentage points yoy, while Indonesia AirAsia maintained its load factor at 80%, it said.
As for the Philippines’ AirAsia, it said, its load factor was up by nine percentage points to 81% and AirAsia India recorded a load factor of 84%, one percentage point better compared with the same period last year. - Bernama
http://www.thestar.com.my/business/business-news/2016/02/15/airasia-group-carried-11pc-more-passengers-in-2015/ In its preliminary operating statistics released on Monday, the low-cost airline said its capacity rose 9% to 63.34 million versus 58.16 million previously.
“The load factor rose by two percentage points year-on-year (yoy) to 805,” the company said.
It said Malaysia AirAsia (MAA) posted a 10% increase in the number of passengers carried last year to 24.25 million, gained 7% in capacity to 30.08 million and added two percentage points in load factor.
However, Indonesia AirAsia recorded a decrease of 17% in the number of passengers carried to 6.52 million last year compared with 7.85 million previously, while capacity was down 13% to 8.76 million from 10.04 million and load factor eased 4% to 74 percentage points yoy.
For the fourth quarter (Q4) ended Dec 31, 2015 (4Q15), the AirAsia group’s load factor increased by 5 percentage points to 83% compared with the same quarter a year ago.
It said the number of passengers carried in Q4 rose by 12% yoy to 13.5 million, ahead of the 6% increase in capacity.
“At the end of 2015, the group has a fleet size of 170 aircraft (171 including one aircraft that was delivered to AirAsia Japan in 4Q15, which has not commenced operation),” it said.
It said MAA posted a load factor of 85% in 4Q15, up seven percentage points yoy.
AirAsia said demand exceeded capacity with 10% increase in the number of passengers carried at 6.5 million and 1% yoy increase in capacity.
“MAA ended the quarter with a total fleet of 80 aircraft. Three new routes commenced operations during the quarter: Kuala Lumpur-Male, Changsha and Colombo. Frequencies were added on three routes: Kuala Lumpur-Kochi and Jakarta; and Johor Baru-Ho Chi Minh City,” it said.
Meanwhile, Thai AirAsia recorded a load factor of 82% in 4Q15, up three percentage points yoy, while Indonesia AirAsia maintained its load factor at 80%, it said.
As for the Philippines’ AirAsia, it said, its load factor was up by nine percentage points to 81% and AirAsia India recorded a load factor of 84%, one percentage point better compared with the same period last year. - Bernama
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