Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  BURSA MALAYSIA  >  AirAsia Group    AIRASIA   MYL5099OO006

AIRASIA GROUP

(AIRASIA)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

AirAsia : Cuti-Cuti Malaysia RM50 e-voucher now available for redemption on airasia.com

11/29/2020 | 09:27pm EST

KUALA LUMPUR, 30 NOV 2020 - AirAsia further stamps its mark on the revival of domestic tourism in Malaysia with the announcement of eight new routes, along with redemption details of the recent collaboration with Ministry of Arts, Tourism and Culture's (MOTAC) stimulus package offering RM50 e-vouchers.

A total of 24,000 e-vouchers are available, and eligible Malaysians will be able to redeem one RM50 e-voucher each on airasia.com starting from 1400hrs on Monday, 30 November 2020, on a first-come-first-served basis.

The e-voucher will enable guests to claim a discount of RM50 on any AirAsia Malaysia (flight code AK) domestic flights booked between 30 November 2020 to 13 December 2020 for the travel period between 7 December 2020 to 31 March 2021. Full redemption details are available on airasia.com, terms and conditions apply.

To further boost domestic tourism revival, AirAsia Malaysia is also expanding its domestic network with eight new routes for essential and future travels.

The new routes will connect Langkawi - Ipoh, Langkawi - Kota Bharu, Johor Bahru - Bintulu, Johor Bahru - Kota Bharu, Penang - Sibu, Penang - Kota Bharu and Kuching - Langkawi. Each route will operate with three weekly flights which will commence in December 2020, while flights between Kota Kinabalu and Kuala Terengganu are set to commence in February 2021.

CEO of AirAsia Malaysia Riad Asmat said: 'The tourism industry is a major contributor towards Malaysia's economy and provides ample job opportunities. We thank MOTAC's support in incentivising Malaysia travellers with stimulus packages and we look forward to joining hands with all industry stakeholders to steer through the effects of the pandemic together. We also applaud the government's effort in initiating the domestic green zone travel bubbles which allow Malaysians to travel at ease.

'We are confident that recovery is well underway, and as one of the key players in tourism, AirAsia is well-prepared to meet the pent up travel demand. We are expanding our domestic network with new direct accessibility between cities. Besides allowing Malaysians to travel conveniently once travel restrictions are lifted, we also hope to provide more opportunities for local businesses to thrive by facilitating logistics and cargo shipments,' Riad added.

Disclaimer

AirAsia Group Berhad published this content on 30 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2020 02:26:01 UTC


© Publicnow 2020
All news about AIRASIA GROUP
05:42aTRAVEL ADVISORY : Movement Control Order in Malaysia
PU
01/14EXCLUSIVE : AirAsia X shows court creditors' support for restructuring plan
RE
01/14EXCLUSIVE : AirAsia X shows court creditors' support for restructuring plan
RE
01/14AIRASIA : Thailand Receives Tourism Authority of Thailand's SHA Certification Af..
PU
01/13AIRASIA : com offers Unlimited Free Delivery throughout MCO
PU
01/13AIRASIA : launches airasia Shop in the Philippines, provides boost to e-commerce..
PU
01/13AirAsia's digital platform eyes more airline partnerships
RE
01/12TRAVEL ADVISORY : Movement Control Order in Malaysia
PU
01/12Indonesia's Sriwijaya flew old planes and neglected routes to become No.3 car..
RE
01/11REUTERS NEXT-Travel body rejects compulsory COVID-19 shots as experts say her..
RE
More news
Financials
Sales 2020 3 464 M 859 M 859 M
Net income 2020 -3 238 M -802 M -802 M
Net Debt 2020 11 520 M 2 855 M 2 855 M
P/E ratio 2020 -0,79x
Yield 2020 -
Capitalization 2 557 M 633 M 634 M
EV / Sales 2020 4,06x
EV / Sales 2021 1,72x
Nbr of Employees 21 059
Free-Float 59,1%
Chart AIRASIA GROUP
Duration : Period :
AirAsia Group Technical Analysis Chart | AIRASIA | MYL5099OO006 | MarketScreener
Technical analysis trends AIRASIA GROUP
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus SELL
Number of Analysts 19
Average target price 0,50 MYR
Last Close Price 0,77 MYR
Spread / Highest target 37,3%
Spread / Average Target -35,2%
Spread / Lowest Target -85,6%
EPS Revisions
Managers and Directors
NameTitle
Tharumalingam Kanagalingam Chief Executive Officer
Adrian Jenkins Chief Operating Officer
Pattra Boosarawongse Group Chief Financial Officer
Kin Choy Lau Group Head-Information & Communication Technology
Nadzri Hashim Head-Engineering
Sector and Competitors
1st jan.Capitalization (M$)
AIRASIA GROUP-13.56%623
DELTA AIR LINES, INC.3.13%26 339
RYANAIR HOLDINGS PLC-3.05%21 583
AIR CHINA LIMITED-9.67%14 298
UNITED CONTINENTAL HOLDINGS, INC.7.03%13 470
CHINA SOUTHERN AIRLINES COMPANY LIMITED-6.49%12 181