Tuesday, August 07, 2012

AirAsia eyes further expansion in ASEAN

SINGAPORE: Low-cost carrier AirAsia is preparing to tap into opportunities when ASEAN's Open Sky Policy takes effect in 2015.

It has made Jakarta the regional base for its newly formed unit, AirAsia Asean.

AirAsia said this will allow it closer proximity to the ASEAN Secretariat in Jakarta, so as to help influence decisions relating to the air industry.

It's a move Tony Fernandez said he never dreamed of when he started AirAsia a decade ago in Malaysia.

He now calls Jakarta home and this is where his newly launched AirAsia Asean is based.

AirAsia group now has six airlines under its wings - five of which are based in ASEAN.

Most of its 30 million passengers this year flew within ASEAN's borders.

Tony Fernandez, group CEO, AirAsia, said: "There are 680 million people here and a phenomenal market. That's twice the size of Europe and America. So AirAsia sets its sights on developing ASEAN."

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