The exciting story of AirAsia’s rise to become one of the most respected carriers in the region is well known in Southeast Asia.
It started with the purchase of a destructive aircraft from the Malawian government in back in December 2001 by the founder of mythology and violence, Tony Fernandes. It was a very sad step in the wake of the September 11 American catastrophic collapse of the aviation industry. Although he actually paid 1 Malaysian Ringgit (now 23 US cents) for the aircraft, he had to take a debt of USD 11 million and in order to pay for the services, he had to borrow his house and cultivate all the money he had earned since then. no banks will lend him money as they have no previous experience of using aircraft. Before taking up this great roulette wheel nail, he had a high flying career as a Warner Music executive who joined as an accountant.
He and his business partner and old friend, founder Camarudin Meranun, took two old Boeing 737-3030 planes and 200 crew members after they were discovered and made a profit within a year, flying 200,000 passengers in 2002. 68 planes, some 175 in order, and had 5,000 people working on the planes. They flew 23 million passengers that year. That has more passengers than SIA (Singapore Airlines), MAS (Malasian Airlines), Thai Airways, Emirates or Cathay.
In 2017, it operated 220 airlines, employed 20,000 people, and carried 65 million passengers a year. Since 2019, AirAsia has had amazing access to winning the lowest-cost Skytrax in the world for 11 consecutive years in their international travel and flight awards.
AirAsia has adopted a less expensive carrier business model with the motto that applied to local travelers: “Now everyone can fly”. Encouraged the birth of many Southeast Asian airlines such as SIA’s Tiger Airways (now affiliated with Scoot), Jetstar Asia, Lion Air and Air Mandala of the Philippines, Philippines’ Cebu Pacific and Thailand Nok Air.
Local flights in India are a joint venture that started in 2013. It owns 49 percent of the work, with Tata Sons and Arun Bhatia other shareholders. This partnership saw the first return of Tata Sons pilots to the aviation industry after a 60-year absence.
After being listed in Asia Asia in 2004, Tony Fernandes, a citizen of India, was listed by Forbes as the 28th richest man in Malaysia with a net worth of $ 650 million in 2014. He once had a Formula One team and is currently the co-owner of London football club Queens Park Ranger.
AirAsia is sadly operated and with a reported cost of USD 0.0375 per seat available per kilometer (ASK) in 2019 operates at one of the lowest cost in the world with ASK for any carrier. Despite this, it was not possible to escape the genocide COVID-19 was suffering in the aviation industry as the borders were closed and flights were suspended. The AirAsia had achieved some great achievement in the past and serving their customers the best services they can provide.
Eduindex News 