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AirAsia: Indonesia and Thai affiliates on track for profitable 2009

7-May-2009

AirAsia forecasts its affiliate carriers, Indonesia AirAsia and Thai AirAsia, will become profitable in 2009 (fiscal year to 31-Dec-09). While both affiliate carriers have been cash flow positive “for a while”, the aim now is for the carriers to become profitable on a regular basis. [1463 words]

Unlock the following content in this report:

Subheadings:

  • Indonesia AirAsia targeting significant expansion in 2009
  • Thai AirAsia continues to counter challenging operating conditions; "best ever quarter" in 1Q09
  • New affiliates for AirAsia Group, as part of ASEAN dominance strategy
  • No sign of slowdown in sales yet
  • Increased focus on the corporate market
  • Creates JV contact centre company
  • To further strengthen website; 1 million unique visitors per month

Graphs and data:

  • AirAsia Group Fleet Plan: 2009
  • Thailand domestic capacity share (seats)
  • AirAsia (Malaysia) passenger numbers and passenger load factor: 1Q07 to 1Q09
  • AirAsia capacity plans for 2009
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