Long before AirAsia made a record-breaking $23.1 billion purchase of engines and services from CFM International, the owners of the once-struggling airline had big plans to develop a low-cost carrier.
La Compagnie’s new Airbus A321neo jet isn’t a large plane as passenger jets go — it fits 76 reclining seats in its all-business class configuration — but when it arrived at the Paris Air Show on Tuesday, it heralded big changes in the industry.
On Monday afternoon at the Paris Air Show, jet engine maker CFM International said it signed the largest single jet engine order in history to supply fast-growing Indian carrier IndiGo with its LEAP-1A engines and services — a deal valued at more than $20 billion at list price.
The airline industry capitalized on the value of networks with the creation and extension of booking systems to travel agents decades before we started shopping on the Internet. Today, advances in wireless technology and computing power are enabling the industry to push the benefits of digital networks deeper into operations to make fleets more responsive and efficient.
Before boarding a flight, a passenger will likely use their phone to show their ticket, send some last-minute emails and maybe even download a movie for the trip. We take it for granted that digital technology, everywhere we go, is making our lives infinitely easier.
AirAsia, one of the world’s fastest-growing airlines, is all about trendsetting. By introducing affordable air travel to Asia in 2001, its co-founder and group CEO Anthony “Tony” Fernandes morphed a little-known airline with two aircraft into one that commands a fleet of more than 200 and an army of more than 20,000 employees, and carried more than 70 million passengers last year alone.
A private meeting and pep talk from AirAsia Group CEO, Tan Sri Dr. Tony Fernandes was the highlight of a recent career development trip made by 20 Sarawak students to Kuala Lumpur.
Like contestants from the TV show, “The Apprentice Asia,” the SMK Subis students embraced the rare opportunity to chat with, and learn from one of Malaysia’s premier ‘captains of industry.’
ASEAN governments and the private sector must support regional development and ease access for tourism.
The official beginning of the One ASEAN Community is almost here — we are only a few months away — yet so much still remains to be done to establish true regional integration. In the case of travel in the region, discussions have been held and some actions made, but we are far from achieving our goals of facilitating travel in ASEAN.
This iconic symbol of American aviation is powered by four of GE Aviation’s CF6 turbofan engines. What some people may not realize is that the same engine family is now driving the expansion of one of Asia’s fastest growing airline companies.