Despite reports that Air Asia’s future is in doubt, Thai AirAsia says it’s considering making Suvarnabhumi airport its new hub, alongside its already established hub in Don Mueang Airport, to increase revenue and broaden its traveller appeal. The executive chairman of Asia Aviation, the largest shareholder of TAA, says the airline is conducting a feasibility study on the move to create a hub at Bangkok’s two international airports. Tassapon Bijleveld says, due to the restrictions on flying brought on by Covid-19 lockdowns worldwide, the airline is seeking every opportunity to increase revenue. He stressed that preliminary talks with the country’s […]

Beleaguered national flag carrier Thai Airways has created a so-called “survival team” to work out a business plan to support its debt rehabilitation, according to a source at the airline. The company filed for bankruptcy protection on May 19. The survival team is tasked with producing a business plan, effective through October 31. The airline’s acting president has ordered the team to get up and running. It represents an integral part of the rehabilitation blueprint the carrier will submit to the Central Bankruptcy Court on August 17, a day before the court will decide whether to admit the airline’s rehab […]

Malaysia’s budget airline AirAsia could become the next casualty of the Covid19 pandemic, which has grounded fleets around the world and already forced the demise of NokScoot, another regional budget carrier. AirAsia’s auditor is warning that the airline’s future is in “significant doubt” due to the collapse in demand for air travel caused by the coronavirus and regional governments closing borders. The aviation industry is facing its biggest-ever crisis worldwide due to the outbreak, with many airlines laying off vast swathes of staff and some already out of business. Not so long ago AirAsia shook up south east Asian budget air […]