AAV Announces Third Quarter 2024 Financial Performance
2024 – Asia Aviation Public Company Limited ("AAV"), the major shareholder of Thai AirAsia Company Limited ("TAA"), has announced its financial performance for the third quarter of 2024 (3Q2024). AAV reported total revenue of Baht 15,322 million, up 55 percent year-on-year, driven by increased passenger numbers and rising average fares in line with industry growth, alongside a strong Baht throughout the quarter. Total costs remained stable year-on-year due to lower fuel prices and strategic adjustments to focus on high-yield routes. As a result, EBITDA soared by 355 percent to Baht 1,772 million, with net profit reaching Baht 3,446 million, reversing from a net loss of Baht 1,695 million. Excluding foreign exchange gains, the core profit stood at Baht 57 million, showing a significant improvement from a loss of Baht 1,044 million.
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AirAsia Flights To and From Labuan Bajo Affected by Mount Lewotobi Eruption
AirAsia flights to and from Labuan Bajo have been affected since November 4, 2024, due to the eruption of Mount Lewotobi Laki-Laki in East Flores, East Nusa Tenggara, creating unsafe conditions for flights.
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AirAsia Cambodia strives to enhance convenience and affordability for international travel as the only LCC that flies from Singapore to Siem Reap
AirAsia Cambodia proudly launched its inaugural flight from Siem Reap to Singapore today, marking a significant step forward in AirAsia Cambodia’s international expansion plans whilst strengthening AirAsia’s position as the only low cost carrier that flies between both nations.
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Milk Partners, AirAsia rewards and The Sandbox Launch ‘MiL.k X BIGGIE Wonderverse’ Metaverse Game
AirAsia rewards, the loyalty program of AirAsia MOVE, together with Milk Partners and The Sandbox launch an innovative metaverse game experience that brings real-world rewards into the digital space. The newly launched ‘MiL.k X BIGGIE Wonderverse’ game enables users to earn SAND Tokens, Milk Coins, and AirAsia points by engaging in a metaverse-based game.
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AirAsia triumphs at Asia Pacific Aviation 100 Awards with Asia-Pacific Overall Deal of the Year and CFO/Treasurer of the Year awards
AirAsia has secured two top honours at the Asia Pacific Aviation 100 Awards: Asia-Pacific Overall Deal of the Year and Asia-Pacific CFO/Treasurer of the Year.
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AirAsia Philippines Reaffirms Commitment To Highest Standards of Safety and Security Supports Bureau of Immigration’s Efforts Ahead Of Peak Travel Period
AirAsia Philippines Reaffirms Commitment To Highest Standards of Safety and Security Supports Bureau of Immigration’s Efforts Ahead Of Peak Travel Period
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National Olympic and Paralympic Champions departs for Umrah with ikhlas.com
The Malaysian Olympic and Paralympic champions set off for Umrah pilgrimage on a special itinerary arranged and sponsored by Ikhlas Com Travel & Umrah Sdn Bhd (ikhlas.com).
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AirAsia FREE* Seats Town lands in Penang for the first time with 12 million promo seats guaranteed across more than 130 destinations
AirAsia’s iconic FREE* Seats Town campaign lands at its third-largest hub in Malaysia, Penang, to end the year on a high note with 12 million promotional seats up for grabs. This campaign represents a key step for the airline in building travel demand for the first half of 2025, making travel more accessible and affordable for explorers eager to discover vibrant destinations within AirAsia’s extensive network.
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AirAsia X celebrates 17 years of connecting millions across Asia and beyond
AirAsia X (AAX) proudly celebrates its 17th anniversary today, marking nearly two decades as a pioneering force in medium-haul, low-cost air travel.
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AirAsia aims to build up the travel demand for 2025 with 12 million promotional seats
AirAsia’s iconic FREE* Seats returns to end the year on a high note with 12 million promotional seats up for grabs across more than 130 destinations within its vast network.
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AirAsia launches direct flights between Penang and Shenzhen, strengthening ties between two dynamic cities
Penang Global Tourism (PGT) is excited to announce, in collaboration with AirAsia, the launch of the highly anticipated direct flight route between Penang and Shenzhen. This new service, starting from 28 October 2024, marks a significant milestone in enhancing connectivity between Malaysia and China, fostering greater cultural, economic, and tourism exchanges.
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AirAsia launches record 5 international routes within just 3 days from Thailand
With the year-end peak travel and holiday season just around the corner, AirAsia is all geared up for the action by ramping up its international services with the launch of five international flights from Thailand over the past three days.
AirAsia’s inaugural flights took off from Bangkok-Don Mueang to Hyderabad, India (27 October) and Phu Quoc, Vietnam (27 October), while over in Phuket, its maiden flights departed for Indian cities of Kolkata (27 October) and Chennai (30 October), and Siem Reap in Cambodia on 29 October.
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AirAsia Philippines kicks off November with P1SO Sale
AirAsia Philippines is opening the month of November with an exciting round of PISO Sale which is perfect for future travel
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AirAsia X Third Quarter 2024 Preliminary Operating Statistics
AirAsia X Berhad (“AirAsia X” or “the Company”) has announced its operating statistics for the Third Quarter of 2024 (“3Q24”) today.
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