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AirAsia CEO shelves low-cost flights to Europe

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

Reuters  |  Paris 

AirAsia
Photo: Reuters

Budget carrier X is giving up on the idea of low-cost, long-haul flying to Europe for now, and will concentrate on growth in instead, chief executive officer 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 right now in Asia," Fernandes said, adding and India were of particular interest.

"My core strategy is about connecting Asia's secondary and tertiary cities rather than going into a fight with the Arab carriers," he said, referring to the likes of Etihad, Emirates and Qatar Airways, which connect Europe to via their hubs in the West

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AirAsia CEO shelves low-cost flights to Europe

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

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

Budget carrier X is giving up on the idea of low-cost, long-haul flying to Europe for now, and will concentrate on growth in instead, chief executive officer 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 right now in Asia," Fernandes said, adding and India were of particular interest.

"My core strategy is about connecting Asia's secondary and tertiary cities rather than going into a fight with the Arab carriers," he said, referring to the likes of Etihad, Emirates and Qatar Airways, which connect Europe to via their hubs in the West

image
Business Standard
177 22

AirAsia CEO shelves low-cost flights to Europe

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

Budget carrier X is giving up on the idea of low-cost, long-haul flying to Europe for now, and will concentrate on growth in instead, chief executive officer 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 right now in Asia," Fernandes said, adding and India were of particular interest.

"My core strategy is about connecting Asia's secondary and tertiary cities rather than going into a fight with the Arab carriers," he said, referring to the likes of Etihad, Emirates and Qatar Airways, which connect Europe to via their hubs in the West

image
Business Standard
177 22