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

Unbeatable AirAsia deals await travellers to quarantine-free Thailand

11/01/2021 | 10:29pm EST

KUALA LUMPUR, 2 NOVEMBER 2021 - Following Thailand's announcement welcoming fully vaccinated visitors from any country without quarantine requirements upon arrival, AirAsia Malaysia (flight code AK) will be resuming flights between Kuala Lumpur and Thailand beginning 5 November 2021.

To kickstart the resumption of quarantine-free travel to Thailand, AirAsia will operate a weekly flight schedule of 4x flights from Kuala Lumpur to Bangkok (2x weekly) and Phuket (2x weekly). More routes will be added and frequencies increased as the travel demand grows in tandem with the reopening of more leisure destinations in the near future, subject to approval from the authorities.

From 1 November until 7 November 2021, guests can book their flights to Bangkok and Phuket from just RM50 one way and travel between 5 November 2021 and 28 February 2022 through the 'Flights' icon on the airasia Super App. Guests can secure great value flights+hotel deals through the 'SNAP' icon on the Super App starting from just RM239 for travel within the same period. Those who prefer to book their hotels separately may check the 'Hotels' icon in the app and book hotels listed under SHA Plus and can get an extra 10% off with the promo code AAHOTEL10.

Fully vaccinated travellers from Malaysia who wish to travel to Thailand must meet the requirements set by the Thai Government prior to purchasing their flights and upon arrival.

Riad Asmat, CEO AirAsia Malaysia said: "We are excited and fully ready for the resumption of flights to Thailand. From an operational standpoint, we have extensively prepared to ensure all of our guests can travel safely, seamlessly and with peace of mind. We have seen an overwhelming response for guests travelling with the Phuket Sandbox programme with over 8 times flight seats sold with strong forward bookings, signaling a strong rebound in leisure travel.

"AirAsia is proud to support the initiative by the Thal government and we look forward to mounting more flights to various destinations in Thailand.

AirAsia guests are always assured of the stringent health and safety protocols enforced on all of our flights with our highly trained and fully vaccinated crew continuing to deliver the world's best service during the pandemic."

Mrs Nongyao Jirundorn, Director of Tourism Authority of Thailand for Malaysia & Brunei said, "We are indeed delighted and excited about the Thailand reopening today. Since 1st November, Thailand has opened up 17 provinces which include Bangkok, Chiangmai, Huahin, Phuket and Samui, and nearly all businesses and activities are able to resume in the "New Normal" operations. Thailand has also approved a total 63 countries (from the previous 46) eligible for quarantine-free entry to Thailand, and lowering down the Insurance sum of USD 50,000. This easier entry will certainly make Thailand a more exciting destination of choice."

AirAsia has spent the period of downtime in travel over the past 20 months to further improve and revamp its flight procedures and processes. In the highest interest of safety and wellbeing of all its guests and employees, only fully-vaccinated employees will operate flights and be on-duty at airport terminals. Furthermore, AirAsia assures the highest safety standards are in place as part of its robust Covid-19 mitigation plan including by accepting only fully-vaccinated guests onboard, making it mandatory to check-in via the airasia Super App that integrates with vaccination records on MySejahtera, and will soon launch a unique FACES facial recognition boarding system that will make the entire journey fully digital and contactless.

Despite mostly not flying for a good part of the past 20 months, all AirAsia's aircraft are properly maintained according to procedures set by the manufacturer. AirAsia has set up an in-house maintenance, repair and operations (MRO) unit called Asia Digital Engineering that provides services not only to AirAsia but also other airlines. Likewise, all its pilots and cabin crew are regularly trained for mandatory refresher courses and ongoing retraining so that they are always on top of their job.

For more information on AirAsia's safety measures and travel SOPs, please read the latest travel advisory here.

Stay up to date witheverything e-commerce from the airasia super app by following @airasiasuperapp on Instagram and Facebook for the latest updates on airasia super app's e-commerce offerings!

Disclaimer

AirAsia Group Berhad published this content on 02 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2021 03:28:05 UTC.


ę Publicnow 2021
All news about AIRASIA GROUP BERHAD
04:58aMalaysia's Raya Airways denies acquisition talks with AirAsia
RE
04:44aAIRASIA BERHAD : welcomes February with Chinese New Year and 2.2 Travel Promos
PU
01/21AIRASIA BERHAD : continues to be the top choice in the travel category
PU
01/21Malaysia's AirAsia eyes air cargo carrier - media
RE
01/21AirAsia Reportedly in Acquisition Discussions for Raya Airways
CI
01/20AIRASIA BERHAD : Introduces 2 New Baggage Services Take More Onboard with “Xtra Carr..
PU
01/20AIRASIA BERHAD : Additional Listing Announcement /Subdivision Of Shares
PU
01/20AIRASIA BERHAD : Ancillary products set to drive additional revenue for air carriers in 20..
PU
01/18AIRASIA BERHAD : AAV Completes Baht 14 billion in Capital Raising Overwhelming response fo..
PU
01/17AIRASIA BERHAD : Contactless Spells the Future of Travel, AirAsia Philippines survey says
PU
More news
Analyst Recommendations on AIRASIA GROUP BERHAD
More recommendations
Financials
Sales 2021 1 325 M 316 M 316 M
Net income 2021 -2 593 M -619 M -619 M
Net Debt 2021 14 474 M 3 456 M 3 456 M
P/E ratio 2021 -0,89x
Yield 2021 -
Capitalization 2 517 M 601 M 601 M
EV / Sales 2021 12,8x
EV / Sales 2022 2,31x
Nbr of Employees 21 059
Free-Float 55,2%
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 16
Last Close Price 0,61 MYR
Average target price 0,87 MYR
Spread / Average Target 43,9%
EPS Revisions
Managers and Directors
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
Sector and Competitors