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    CAPITALA   MYL5099OO006

AIRASIA GROUP BERHAD

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AirAsia Berhad : welcomes February with Chinese New Year and 2.2 Travel Promos

01/24/2022 | 04:44am EDT

Manila, Philippines, 24 January 2022 - AirAsia, the world's best low-cost airline, is welcoming February with huge discounts on flights, hotels and ancillary products through its CNY Deals Never Stop Promo and 2.2 Save Now, Fly Later Sale.

AirAsia joins the rest of the tourism sector of the Philippines in championing safe domestic travels this year in a bid to jumpstart the recovery of travel businesses - from small to large enterprises. To achieve this, the travel and lifestyle company is rolling out multiple bang-for-buck deals for flights and other travel essentials like hotel bookings and in-flight add-on purchases. AirAsia Philippines maintains its optimism for a growth in the traveling populace this year, a forecast backed by a survey that has shown more Filipinos are confident to travel in the next nine months.

AirAsia Philippines Spokesperson and Head of Communications and Public Affairs Steve Dailisan shares: "As we continue to learn how to better live safely in a pandemic, we see the rise in the confidence for travel among Filipinos. We at AirAsia would like to help more Filipino families and friends to reconnect this year to celebrate milestones and seasons they have missed in recent years. This is why the coverage of flight bookings for our CNY and 2.2 deals goes as far as Q3. We are truly excited and ready to welcome more of our kababayans aboard AirAsia this 2022. Xin Nian Kuai Le!"

Guests traveling from January 17 to September 30, 2022 can book their flights and avail of the CNY Deals Never Stop Promo until January 30 to base fares available at as low as Php 188. 10 percent may also be slashed off of staycations and hotel stays with the use of the 2.2 Sale promo code 'AAHOTEL10'.

The Php 188 base fare deal is perfect for those seeking luck on the road in 2022 as it is believed in numerology that numbers bearing multiple instances of eight are extra lucky! And lucky are the passengers grabbing this promo - may it be for seasonals like Valentine's, Summer or simple family getaways - as it covers flights booked for until end-September.

But those with a top-tier waiting game may snag a Php 22 base fare flight during the actual 2.2 Save Now, Fly Later sale from February 2 to 4. The travel period for this is from June 01 to September 30, 2022.

AirAsia Philippines also reminds its passengers to stay up-to-date on the travel restrictions and requirements implemented by the local government units of their destinations. Guests may visit the https://www.airasia.com/aa/about-us/en/gb/travel-safe-with-airasia.html page for updates on their flights and LGU travel protocols. The airline is also reassuring guests that multiple safety measures are undertaken from boarding to landing, which include the presence of HEPA filters in all AirAsia aircraft, contactless solutions via the AirAsia Super App, strict implementation of mask-wearing and social distancing, and the assistance of a fully vaccinated crew.

Disclaimer

AirAsia Group Berhad published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 09:43:02 UTC.


© Publicnow 2022
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Financials
Sales 2022 6 522 M 1 489 M 1 489 M
Net income 2022 -1 566 M -358 M -358 M
Net Debt 2022 14 572 M 3 328 M 3 328 M
P/E ratio 2022 -1,86x
Yield 2022 -
Capitalization 2 643 M 603 M 603 M
EV / Sales 2022 2,64x
EV / Sales 2023 1,53x
Nbr of Employees 14 778
Free-Float 55,3%
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Number of Analysts 14
Last Close Price 0,64 MYR
Average target price 0,77 MYR
Spread / Average Target 20,9%
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Anthony Francis Fernandes Group CEO & Non-Independent Executive Director
Pattra Boosarawongse Chief Financial Officer
Kamarudin bin Meranun Non-Independent Non-Executive Chairman
Kin Choy Lau Group Head-Information & Communication Technology
Nadzri Hashim Head-Engineering
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