4-Jan-2011 11:02 AM
AirAsia X yet to see details of new air rights allocation
AirAsia X CEO Azran Osman-Rani stated the LCC is yet to see any details of the Malaysian Government's proposed new framework for the allocation of air rights, which it has promised will be more transparent and liberlised (Malaysia Business Times, 04-Jan-2011). Mr Osman-Rani stated the carrier still expects the new framework to materialise, noting "it will go a long way towards a more sustainable and robust growth trajectory for us as well as for Malaysia's overall aviation sector". He added that one of the biggest factors that held the LCC back from growth in 2009 and 2010 was "a lack of route approvals", but the new framework will allow carriers to better coordinate major aircraft capital expenditure and match this against new routes.