Articles tagged “capital a”

On today’s briefing we talk about DeepSeek’s impact on travel, AirAsia Move’s new chairman, and Boeing’s sunny take on cloudy earnings.

Southeast Asia’s tourism race is heating up. And with destinations like Thailand and Vietnam making strong plays, Malaysia will need to up its game. It’s also a chance for the destination to diversify its offerings and attract fresh audiences in a crowded regional race.

Capital A is shifting its focus beyond aviation, aiming to build a stronger, more diverse revenue stream. This would also help the company rely less on the volatile aviation sector.

Fernandes is taking on the challenge of transforming AirAsia’s parent company as it tries to shake off its pandemic-era problems. 

Southeast Asian budget airline AirAsia was back in the black in the second quarter but its rebound was slowed by the global shortage in aircraft parts and other supplies.

Pent-up travel demand is surging in Southeast Asia.

While AirAsia X is looking closely to contain costs, the airline's greatest learning from Covid has been to maintain a cash buffer for financial resilience and long-term sustainability, providing a safety net to weather uncertainties.

AirAsia on Tuesday announced the appointment of Mohamad Hafidz, who is currently the chief fintech officer, as the acting CEO of AirAsia superapp from April 1 onwards. 

All hail the return of Chinese travelers this year.

The major thing new in online travel companies holding onto customer cash and investing it is that interest rates are a lot higher, and they are taking advantage. The rich get richer.