Tony: AirAsia to break even on fixed-fare flights
SEPANG (April 30): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said today the budget airline aims to break even for its planned additional fixed-fare flights during the upcoming Kaamatan Festival, Hari Raya Puasa and Gawai Day holidays.
Kaamatan falls on May 30 and 31 while Gawai Day will be celebrated on June 1 and 2. The first and second days of Hari Raya Puasa are expected to fall on June 5 and 6 respectively.
AirAsia launched today additional 25 new flights with fixed fares for travel between May 31 and June 17 this year. 'In terms of financial impact, we are looking to break even on these flights,' Fernandes told reporters here today at the launch of AirAsia's additional fixed-fare flights.
According to AirAsia, the fixed-fare flights cost RM99 one-way from Kuala Lumpur to Alor Setar, Kuala Terengganu and Johor Bahru.
Flights from Peninsular Malaysia to Sarawak cost RM149 while flights from Peninsular Malaysia to Sabah are priced at RM199.
(Source : theedgemarkets.com£©