AirAsia to fly to sounth India by year end

Kuala Lumpur: AirAsia, the region's largest low-cost carrier, said Sunday that despite surging fuel prices it will not scale back growth plans and will press ahead with an ambitious route expansion program.
"We will continue to put on new routes. As long as we can make a profit from our operations, we will not hold back our growth plans," chief executive officer Tony Fernandes told AFP.
"I am taking a contrarian view. There is a limit to how much I can cut costs. If I cut my routes, where is my growth going to come from? In our case, we still can make money from our routes," he said.
Airlines worldwide including Virgin Blue, Qantas Airways and US Airways have cut back their growth plans and axed loss-making routes to weather spiralling fuel prices.
AirAsia recently launched three new routes -- one to Kuantan in central Pahang state, Malaysia and to Haikou (China) and to Hong Kong.
"By year-end we will fly to south India, new destinations in India and mount more flights to Singapore," the aviation tycoon said.
15/06/08 AFP

To Read the News in full at Source, Click the Headline

Categories: Foreign Jun 2008, Low Cost General Jun 2008