You are here: Home » Companies » News
Business Standard

AirAsia CEO shelves low-cost flights to Europe

Low-cost, long-haul has taken off recently, especially across the North Atlantic

Reuters  |  Paris 

Budget carrier AirAsia X is giving up on the idea of low-cost, long-haul flying to Europe for now, and will concentrate on growth in Asia instead, AirAsia chief executive officer Tony Fernandes said on Tuesday. "We looked at every aircraft, every configuration, it's coming, but for the moment they're all killing each other so we'll wait," he told Reuters at the Paris Airshow. Low-cost, long-haul has taken off recently, especially across the North Atlantic, but there are doubts whether it can work in other regions. "We think we have so much growth ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, June 20 2017. 20:02 IST
RECOMMENDED FOR YOU