Bursa Filings
Temporary Hibernation Of AirAsia Group Aircraft
| Type | Announcement |
| Subject | OTHERS |
| Description |
Temporary Hibernation of AirAsia Group aircraft |
In light of the Covid-19 pandemic that has led to unforeseen extensive and increasing border restrictions by various countries, after careful consideration, the Board of Directors of AirAsia Group Berhad (“the Company”) has resolved to temporarily suspend all international and domestic flights operated by AirAsia Berhad (flight code AK) as follows:
|
AirAsia Malaysia (AK) |
Temporary suspension of all international and domestic flights from 28 March 2020 to 21 April 2020. |
Other airlines within the AirAsia Group, namely Philippines AirAsia Inc. (flight code Z2), Thai AirAsia Co., Ltd. (flight code FD), PT Indonesia AirAsia (flight code QZ) and AirAsia (India) Limited (flight code I5) have similarly reduced the frequency of their flights as follows:
|
AirAsia Philippines (Z2) |
Temporary suspension of all international and domestic flights from 20 March 2020 to 14 April 2020 during the community quarantine period in Luzon, as well as in other parts of the country. |
|
AirAsia Thailand (FD) |
Temporary suspension of all international flights from 22 March 2020 to 25 April 2020; domestic operations continue at reduced frequency. |
|
AirAsia Indonesia (QZ) |
Significantly reduced international flights frequency; domestic operations continue at reduced frequency. |
|
AirAsia India (I5) |
Temporary suspension of all flights from 25 March 2020 for 21 days adhering to the government suspension of all domestic flights. (I5 only flies domestic routes) |
The Board believes this temporary fleet hibernation is the right thing to do to ensure the well-being of our guests and employees, which will remain as the top priority of our business during this challenging time.
The Company will continue to evaluate the situation closely and is prepared to reinstate the services as soon as the situation improves, subject to the necessary regulatory approvals.
AirAsia Group remains committed to assisting the relevant government authorities to support the repatriation of travellers and shipment of goods.
This announcement is dated 26 March 2020.
Announcement Info
| Company Name | AIRASIA GROUP BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 26 Mar 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26032020-00053 |