Log in
E-mail
Password
Show 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
  1. Homepage
  2. Equities
  3. Malaysia
  4. BURSA MALAYSIA
  5. AirAsia Group Berhad
  6. News
  7. Summary
    AIRASIA   MYL5099OO006

AIRASIA GROUP BERHAD

(AIRASIA)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

AirAsia Philippines resumes Singapore and Hong Kong flights to service OFWs and business travelers

11/08/2021 | 01:18am EST

Balikbayans to enjoy special discounts on flights, baggage and hotels

Manila, 8 November 2021 - AirAsia Philippines is set to return to Singapore and Hong Kong this December to service Overseas Filipino Workers (OFW) who will be coming to the Philippines for the Christmas break.

Beginning 4 December, AirAsia's weekly Manila-Singapore flight Z2-825 will depart from NAIA Terminal 3 every Saturday at 8:00am and arrive at Changi Airport 11:40am. Its return flight Z2-826 will depart Changi Airport at 12:25nn and is expected to arrive at NAIA T3 around 4:00pm.

Meanwhile, AirAsia's bi-weekly Manila-Hong Kong flight will take off on Sundays, 5 December. Z2-1264 from NAIA T3 at 8:35am and is expected to arrive at Hong Kong International Airport at 10:55am. Its return flight will leave an hour after and is expected to land in Manila at 2:00pm.

AirAsia Philippines Spokesperson Steve Dailisan said, "Hong Kong and Singapore have always been key markets for AirAsia primarily because of the number of OFWs present in these economic hubs. This is why we are very much excited to kickstart the return of our international flights with these routes."

"To us at AirAsia, this signals the much-anticipated post pandemic recovery, and there's no better time to celebrate it with the warm homecoming of Filipinos for Christmas. The AirAsia team has extensively prepared for this, and we are delighted to take part in these meaningful family reunions."

The Department of Labor and Employment reported that as of June 2021, there are 165,000 OFWs in Hong Kong and 30,000 in Singapore.

The Philippines has categorized Hong Kong under the Green list which means fully vaccinated travelers will no longer be required to undergo quarantine but will be asked to submit a negative RT-PCR test taken within 72 hours prior to departure.

Fully vaccinated travelers coming from Singapore which falls under the Yellow list, however, will be required to undergo a 5-day quarantine until the release of their RT-PCR test. They will then be allowed to finish their quarantine at home.

To celebrate the resumption of flights, AirAsia Philippines is also offering an early Christmas treat to OFWs with the 'airasia Balikbayan Package'. By using the promo code BLKBYN10, travelers can enjoy 10% off on Manila to Singapore and vice-versa flights which will be booked from 8 to 21 November with travel dates from 4 December 2021 to 26 March 2022.

Likewise, travelers who book a flight from Hong Kong to Manila and vice-versa will also get a 10% discount for bookings made until 14 November for 5 December 2021 to 31 March 2022 flights.

Another 10% discount will be given for OFWs who will book their domestic flights from 15 to 28 November, for flights from 1 December 2021 to 26 March 2022.

And to top it all off, AirAsia is also giving OFWs special discounts on 40kg baggage (Php1,390 discounted price), RT-PCR test (Php2,400 discounted price) and a maximum discount of Php4,000 on hotels for quarantine stay. All these exclusive offerings are made available at airasia.com and Super App.

Dailisan added, "This is our warm welcome for our beloved OFWs. Whatever savings they get from the affordable deals AirAsia offers can be squeezed in for added gifts to the balikbayan boxes they'll be flying home for their families this Christmas. Moreover, we hope to put warm smiles to their faces as we fly them home safely, and give them peace of mind with our world class service."

AirAsia Philippines continues to operate at the Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay City until further notice.

AirAsia was recently awarded as AirAsia awarded Asia's Leading Low-Cost Airline 2021 and Asia's Low-Cost Airline Cabin Crew 2021 at the 28th World Travel Awards, the Business Innovation Award at the 2021 World Airline Awards from the aviation experts at Flightglobal, Best Low-Cost Airline in the world and in Asia for the 12th consecutive year by international airport and airline review and ranking site Skytrax. AirAsia Group is also among the top airlines worldwide to achieve the top 7/7 rating for being Covid-19 safe by the aviation experts at Airlineratings.com.

- END -

Disclaimer

AirAsia Group Berhad published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 06:17:20 UTC.


ę Publicnow 2021
All news about AIRASIA GROUP BERHAD
01:05aAIRASIA BERHAD : Super App Reaffirms Best Value Delivery Services in Johor Bahru
PU
01/15AIRASIA BERHAD : food announces Delivereat founder Tan Suan Sear as Group Head of food
PU
01/14Malaysia's AirAsia works to regularize finances to shed PN17 tag
RE
01/14AirAsia Drops After Being Hit With 'Distressed' Label
DJ
01/14AIRASIA BERHAD : Financial Condition
PU
01/14PRACTICE NOTE 17 / GUIDANCE NOTE 3 : First Announcement
PU
01/14AIRASIA BERHAD : AAGB - New Admission Into PN17
PU
01/13AIRASIA BERHAD : Bursa Malaysia Securities Berhad ("Bursa")'s PN17 Relief Measures Resulti..
PU
01/13AIRASIA BERHAD : Philippines Statement on DOTr Department Order 2022-001
PU
01/13AIRASIA BERHAD : Introducing airasia xpress Fast, Easy, Low-Fare Parcel Delivery across Ba..
PU
More news
Analyst Recommendations on AIRASIA GROUP BERHAD
More recommendations
Financials
Sales 2021 1 325 M 317 M 317 M
Net income 2021 -2 593 M -620 M -620 M
Net Debt 2021 14 474 M 3 461 M 3 461 M
P/E ratio 2021 -0,91x
Yield 2021 -
Capitalization 2 555 M 611 M 611 M
EV / Sales 2021 12,9x
EV / Sales 2022 2,32x
Nbr of Employees 21 059
Free-Float 54,4%
Chart AIRASIA GROUP BERHAD
Duration : Period :
AirAsia Group Berhad Technical Analysis Chart | AIRASIA | MYL5099OO006 | MarketScreener
Technical analysis trends AIRASIA GROUP BERHAD
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 17
Last Close Price 0,62 MYR
Average target price 0,88 MYR
Spread / Average Target 42,5%
EPS Revisions
Managers and Directors
Anthony Francis Fernandes Group CEO & Non-Independent Executive Director
Pattra Boosarawongse Group Chief Financial Officer
Kamarudin bin Meranun Non-Independent Non-Executive Chairman
Kin Choy Lau Group Head-Information & Communication Technology
Nadzri Hashim Head-Engineering
Sector and Competitors