AirAsia Group head of customer experience and technology Zaman Ahmad, speaking at CAPA's LCCs & New Age Airlines in North Asia conference in Macau, stated (05-Sep-2012) AirAsia Japan has seen higher than expected demand from the retired segment of the Japanese population since the carrier launched services on 01-Aug-2012. 45% of the passengers who have so far booked AirAsia Japan services are aged 65 years or older, he noted.
Nearly half of AirAsia Japan's passengers are elderly: AirAsia
You may also be interested in the following articles...
AirAsia Group 2017 outlook: faster expansion across portfolio as Japan & potentially Vietnam launch
The AirAsia Group is accelerating expansion at all five of its existing airlines in 2017 following a decision to acquire 22 more aircraft than originally planned. The group is confident it is now in a position to pursue faster – and strategically important – growth following significant improvements to its bottom line in 2016. However, such expansion could pressure yields and profitability, particularly as 2017 is shaping up to be a year of intensifying competition and increasing fuel prices.
AirAsia’s original operation in Malaysia is accelerating growth in 2017 with at least eight additional aircraft, in a strategic response to intensifying competition. Thai AirAsia is now planning to add six aircraft in 2017, despite challenging market conditions in Thailand. The group’s affiliates in Indonesia and the Philippines, which have shrunk their fleets the last two years as part of restructuring initiatives, are planning to resume growth with two and four additional aircraft respectively.
The group’s youngest affiliate, AirAsia India, is also accelerating expansion in response to policy changes in India, and now plans to add six aircraft in 2017, for a total of 14. The newest affiliate, AirAsia Japan, finally aims to launch services in 1Q2017 and end the year with five aircraft. AirAsia is also considering launching an affiliate in Vietnam by the end of 2017, although no new JVs have yet been allocated any aircraft from the group’s 400 strong order book.
Indigo Partners assesses ultra-low cost airline (ULCC) investment opportunities in Southeast Asia
US airline investment firm Indigo Partners is assessing new low cost airline investment opportunities in Asia with a focus on the ultra-LCC or ULCC model. Indigo has not had an investment in Asia since selling its stake in Singapore-based Tigerair five years ago, but currently has large stakes in LCCs based in Europe and North America.
Indigo believes there could be room for a ULCC in the Southeast Asian market despite already intense competition and a huge LCC order book, because the LCCs now operating in this region are not true to the LCC model. Several Southeast Asian LCCs, including Tigerair, are owned by full service airline groups, leading to a dilution of the typical LCC model.
India is also a market of interest for Indigo. However, the firm is not interested in North Asia at this point, despite that region's much lower LCC penetration rate. Australia is also not of interest as it is already mature.