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budget carrier

AirAsia ventures into China, Cambodia

Malaysian low-budget carrier AirAsia is working on expanding its network with two new subsidiaries in China and Cambodia. On May 14, Tony Fernandes, co-founder and...
Singapore Airshow sees deals worth $32b

The Singapore Airshow 2014 saw deals announced worth $32 billion, surpassing the value of deals announced in 2012. Major announcements include contracts for Airbus,...
Foreign investors eye Indonesia airports

Indonesia's need for more and better airports is drawing strong interest from foreign transport and construction companies, hungry for a slice of the action...
Lion Air builds large maintenance center off Singapore

Fast-growing Indonesian budget carrier Lion Air has said it will build a $250 million aircraft maintenance facility on Batam island, just 20 kilometers from...
AirAsia comes to the rescue of stranded Zest passengers

AirAsia, the majority owner of grounded Philippine carrier Zest Airways, dispatched two flights on August 18 to rescue over 100 stranded Malaysia bound passengers. Zest...
Philippines’ Zest Air not ‘airworthy’ any more

The Civil Aviation Authority of the Philippines (CAAP) has suspended operations of budget carrier Zest Air due to a series of safety breaches, including...
Lufthansa plans low-cost airline for Asia

Germany's national carrier Lufthansa, one of the world's largest airline groups, has said it is considering to launch a long-haul budget carrier to serve...
Batavia Air bankrupt, routes up for grab

Indonesia's commercial court has declared Jakarta-based budget carrier Batavia Air bankrupt just months after AirAsia aborted a deal to invest in it, officials said...
Busy IPO year ahead for Thailand

The momentum for initial public offerings at the Thai bourse will continue in 2013 with more than 30 potential listings in the pipeline, the...