AirAsia gets $1 billion offer for its leasing company

May 30, 2016

AirAsia gets $1 billion offer for its leasing company

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AirAsia Bhd., the region’s biggest discount carrier, received an offer valued at about $1 billion to buy its aircraft-leasing company amid a surge in business in the continent. The company’s share prices rose to the highest level in more than a year. The airline ...

Oct 7, 2015

AirAsia Japan gets government approval, to start services in April

AirAsia Japan has received approval from the transport ministry to restart operations with flights out of Central Japan International Airport near Nagoya. President Yoshinori Odagiri said Tuesday that the budget airline, partly owned by Malaysia’s AirAsia, will start operating services connecting the airport with ...

Jul 22, 2015

AirAsia Japan to begin flying in spring 2016

AirAsia Japan said Tuesday it will operate domestic and international flights from the spring. The budget airline, partly owned by Malaysia’s AirAsia, filed an application for an air transport business license with the Ministry of Land, Infrastructure, Transport and Tourism. Using Central Japan International ...

Feb 13, 2015

Taiwan recovers last missing victim of TransAsia crash

Taiwanese rescuers on Thursday recovered the remains of the last missing passenger in last week’s TransAsia plane crash, bringing the death toll to 43 in the airline’s second fatal accident in seven months. The body of a Chinese national identified as Chen Rentai was ...

Feb 8, 2015

Malfunction forces AirAsia X to abort flight

A system malfunction forced the pilots of an AirAsia X flight from Kuala Lumpur to Jiddah to abort the flight and return to Malaysia on Sunday, the AirAsia Group’s CEO said. The incident sparked fresh questions on social media about the Malaysian airline’s safety ...

Feb 6, 2015

Both TransAsia plane engines lost power before Taiwan crash

One of the engines on TransAsia Airways Flight 235 went idle 37 seconds after takeoff, and the pilots may have shut off the remaining engine before attempting to restart them, but the plane crashed before that could happen, Taiwan’s top aviation safety official said ...

Feb 5, 2015

Fast-growing Asian airlines race to find qualified pilots

The deadly crash of a TransAsia plane into a river in Taiwan is again focusing the world’s attention on the safety challenges facing fast-growing Asian airlines. TransAsia has been adding new routes rapidly since the Taiwanese carrier went public in 2011. TransAsia and others ...

Feb 5, 2015

Aircraft in distress to be tracked 'by the minute'

Minute-by-minute tracking of aircraft in distress is set to be introduced next year, airline officials said Wednesday, as the industry aims to prevent a repeat of the mystery surrounding the disappearance of Malaysia Airlines Flight 370. An international aviation summit in Montreal gave strong ...