Air Asia Drops Singapore Expansion Plans

The low cost carrier, Air Asia announced to drop expansion plans in Singapore. Initially, the Malaysia based airline showed great interest in setting up and establishing a unit in Singapore. Hence enables a cut-throat competition among Jetstar and Tiger Airways.

The Group Chief Executive, Tony Fernandes provided a statement highlighting the airline’s concentration on big domestic markets and large populations. The statement further comprehended that AirAsia operates in right markets thus capitalise on maximum returns.

At present, AirAsia comprise a fleet of 112 Airbus A320s and maintains subsidiary ventures in Indonesia, Philippines, Japan and Thailand.

Related Posts

Default Image
British Airways Announces Top Destinations For 2013

With increasing demands, new air routes, boosts in tourism, British Airways has announced the top destination for the year 2013....

27th December 2012 | 0 Comments

Read More
Default Image
Natale di Roma

Visit Rome this April to honour its humble beginning in 753BC at ‘Natale di Roma’. Rome is a city rich...

16th March 2012 | 0 Comments

Read More
Default Image
SIA to suspend destinations with low demand

The vagaries in the international oil prices have created numerous downturns in the airline industry. The rise in oil prices...

18th May 2012 | 0 Comments

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *