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Low Cost Airline News - Asia / Pacific.



Jun 25, 2007

AirAsia

AirAsia, which claims to be the leading and largest low fare airline in Asia, is to fly to Shenzhen from two of its hubs, Kuala Lumpur Kuala Lumpur (kwä`lə lm`pr), city (1990 est. pop.  (Malaysia) and Bangkok (Thailand). The airline is set to commence both of its inaugural daily flights on Sunday 15 July 2007. In respect of China, AirAsia serves Macau from Kuala Lumpur, Kota Kinabalu Kota Kinabalu (kōt`ə kĭn'əbəl`), formerly Jesselton, town (1991 pop.  and Bangkok, and also Xiamen from Bangkok. Shenzhen, which is located in the southern part of Guangdong province, has been the fastest growing city in China for the past 30 years. It is famous for its coastal views, theme parks, historical attractions and world-class golf courses. Thais and Malaysians ranked 5th and 6th in terms of the top visitor arrivals in 2006. Jun 19, 2007

AirAsia

AirAsia, originally established in 2001, currently has 34 Boeing 737-300 and 20 Airbus A320s. A total of 130 Airbus A320 series aircraft have been ordered, some as replacements for the Boeing fleet. The airline has long-haul ambitions and has placed a firm order for ten Airbus A330-300 aircraft, with options for a further five. AirAsia executive vice-president - commercial, Kathleen Tan, said: "As the biggest low cost airline in Asia, the penetration to Shenzhen means a lot us. It is also noteworthy that Shenzhen is the 4th busiest airport in China and this will allow us to tap into passenger traffic and facilitate travellers to other ASEAN ASEAN: see Association of Southeast Asian Nations.
ASEAN
 in full Association of Southeast Asian Nations

International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in
 [Association of Southeast Asian Nations Association of Southeast Asian Nations (ASEAN), organization established by the Bangkok Declaration (1967), linking the nations of Indonesia, Malaysia, Philippines, Singapore, and Thailand. ] destinations that we fly to. We are very confident that this route will open more opportunities to enhance both of our hubs with greater international links in the region, especially with Shenzhen being the gateway to Southern China and Hong Kong." Jun 19, 2007

AirAsia

AirAsia, which claims to be the leading and largest low fare airline in Asia, is to fly to Shenzhen from two of its hubs, Kuala Lumpur (Malaysia) and Bangkok (Thailand). The airline is set to commence both of its inaugural daily flights on Sunday 15 July 2007. In respect of China, AirAsia serves Macau from Kuala Lumpur, Kota Kinabalu and Bangkok, and also Xiamen from Bangkok. Jun 18, 2007

Jet Airways, Air Sahara, JetLite

Jet Airways , which acquired domestic carrier Air Sahara in April for INR INR

In currencies, this is the abbreviation for the Indian Rupee.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
14.5 billion rupees (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$356 million), has said it would raise up to USD$400 million for its international expansion and aircraft acquisition plans, as well as to overhaul Sahara. Sahara, now named JetLite, operates as a discount carrier. Jun 19, 2007

Tiger Airways, Airbus

Tiger Airways, the LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC.

1. LCC - Language for Conversational Computing. Written at CMU in the 1960's.
 based in Singapore, signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  to buy 30 Airbus A320 aircraft in a deal worth USD$2.2 billion at list prices, Airbus said at the Paris air show The Paris Air Show (Salon International de l'AĆ©ronautique et de l'Espace, Paris-Le Bourget) is an international trade fair for the aerospace business. It is held at Le Bourget airport near Paris, France every odd year, alternating both with the Farnborough International  on Thursday. The carrier also took options on 20 more A320s, Tiger Chief Executive Tony Davis told a news conference at the show. He added that there was no pressing need for an initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ) of the carrier. "There's no timetable for an IPO at this point," Davis said. Singapore Airlines is the largest shareholder in Tiger Airways. Jun 21, 2007

ZZ

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Comment:Low Cost Airline News - Asia / Pacific.
Publication:Airguide Online
Geographic Code:9CHIN
Date:Jun 25, 2007
Words:604
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