AirAsia Malaysia to Roll Out Flights at $13
Published By : 25 Aug 2014 | Published By : QYRESEARCH
To put Malaysia back on track after the country faced two of the biggest tragedies of this year, Malaysian AirAsia plans to offer a mega sale on its ticket fares. Malaysian Airlines has faced a big blow this year due to the devastating events.
The Kuala Lampur-based airline is planning to offer a sale on flights between Australia and Malaysian capital at just $159, with onward flights at $13. It has also plan to slash its rates for flight between Australia to Bali at $99.
The sale comes after Malaysia has offered its agents in Australia a commission and photos of empty Malaysia Airlines are doing rounds on the Internet.
Effects of missing flight MH370 and tragic loss of MH17 have not only affected Malaysia Airlines negatively, but also affected the country’s overall tourism.
Stuart Myerscough, AirAsia commercial head of Australia and New Zealand said the sale, coupled with increased traffic between Australia and Asia, and great airline competition are all supportive of international flying. Besides Malaysia, Aussie travelers are also looking for other South-East Asian destinations for getaways. This has tripled the traffic between Australia and North Asian parts of South Korea and Japan.
AirAsia reported a net profit of $115 million last week, as compared to $18 million last year. The leap in profits is driven by gains from foreign exchange on borrowings. However, in the coming future the revenue is also likely to increase as number of passengers is increasing.
This has been a spectacular growth for the airliner which stood at an absolute loss in 2001. Based on low-cost fares and low-overhead model, the airline has surely done well for itself.