On Monday, AirAsia Japan closed its operations following losses related to the impact of COVID-19 on the AirAsia group. Because of COVID-19 earlier this year, AirAsia Japan has already ground the airplane and narrowed down most of its operations.
As per the AirAsia Japan director, due to the Post-Pandemic Recovery Direction, they are now in a difficult situation and struggled to keep operations by wide-ranging reducing costs, but were unable to pursue it. The key resonant for unsustainable operations is high fuel taxation and cut-throat fares.
AirAsia Japan claimed that the parent company AirAsia group’s flight would not have any effect; only the flights with AirAsia Japan will be affected.
AirAsia Japan is AirAsia’s sister corporation, operating from Chubu Centrair International Airport as of 2014.
The Aviation Minister of India signal to cease the operation of AirAsia India
India’s Aviation Minister, Hardeep Singh Puri, said that AirAsia India services would be shut down. In a statement, Aviation Minster confirmed that AirAsia’s parent company has issues and that India will terminate the activities of AirAsia India. However, AirAsia India officials do not concur with the Aviation Minister’s argument.
In August, the two executives of AirAsia India were suspended by the Aviation Authority of India due to safety reasons claimed by a pilot.
Low-cost carriers, AirAsia, are aiming to accumulate as much as 600 million by the end of the year because coronavirus destabilizes world tourism.
As for India, TATA is currently evaluating the 49 percent stake of AirAsia India to be acquired.