Airlines
AirAsia sells remaining equity shares in AirAsia India to Air India, strengthening its focus on Asean
AirAsia sells remaining equity shares in AirAsia India to Air India, strengthening its focus on Asean
The holding company for Capital as airline group announced today that it has entered into a share purchase agreement to sell Air India Limited, a subsidiary of Tata Sons Private Limited, the remaining equity shares it holds in AirAsia Private Limited.
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The most recent agreement comes as AirAsia re-enters the skies stronger than ever since the pandemic, which allowed the airline to re-examine its strategic objectives to concentrate on Asean given its robust network and significant presence in the region. Since January 2022, AirAsia has operated over 171,000 flights, carrying over 23 million passengers throughout the Group.
AirAsia Malaysia has restored its flight connectivity to major Indian cities and more from Malaysia in conjunction with the reopening of Malaysia’s international borders in April of this year. As a result, visitors from both countries can take advantage of appealing deals and promotions to visit India’s monuments, serene lakes, majestic mountains, and other attractions.
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With a 39% increase in total passengers carried in 2019, AirAsia India—the fifth-largest airline in India with a total market share of 5.7% and the first foreign airline to establish a subsidiary there—reported an impressive growth. This strengthened its domestic position. Pre-pandemic, AirAsia India operated flights to 13 locations, including Tiruchirappalli, Bengaluru, Kolkata, Hyderabad, and New Delhi.
Airlines
These are the four-star low-cost Carriers for 2024
In the rapidly evolving world of aviation, staying ahead of the curve and finding the most cost-effective options for air travel is crucial for both travelers and airlines alike. As we approach the year 2024, Apex, a renowned authority in the aviation industry, has released its highly anticipated list of four-star low-cost carriers.
The APEX Four Star Airline Awards were unique since they were created solely from verified passenger reviews submitted by more than a million fliers using TripIt.
These airlines have achieved a remarkable combination of price and great service, making them the top alternatives for budget-conscious travelers searching for a pleasant and joyful flying experience. In this article, we will look at the four-star low-cost airlines for 2024.
Global Passenger Choice airline Award Winners 2022 by Apex.(Opens in a new browser tab)
low-cost Airlines
- Allegiant
- Breeze
- GOL
- Southwest
- Spirit
- Sun Country Airlines
- WestJet
Airlines
These are the airlines with Four-Star and Five-Star APEX ratings for 2024.
In the ever-evolving world of aviation, these awards stand as a testament to excellence, innovation, and outstanding service within the airline industry. As travelers around the globe seek ever more personalized and remarkable experiences, these airlines have risen to the occasion, setting new standards for quality, comfort, and customer satisfaction.
World class airline awards 2022 by Apex(Opens in a new browser tab)
The APEX Five Star and Four Star Airline Awards were unique since they were created solely from verified passenger reviews submitted by more than a million fliers using TripIt.
Global Passenger Choice airline Award Winners 2022 by Apex.(Opens in a new browser tab)
Here, we’ve highlighted some of the 2024 Apex Four-Star and Five-Star Airlines Awards, recognizing these airline giants and the outstanding traveler experiences they provide. Whether you are a frequent traveler or only sometimes do so, these awards highlight the airlines who have changed the definition of what it means to fly in luxury and grace.
GLOBAL FIVE STAR
- Aeromexico
- Air Canada
- Air France
- Air New Zealand
- American Airlines
- ANA
- Austrian
- Cathay Pacific
- Delta Air Lines
- EL AL
- Etihad
- Eva Air
- Finnair
- LATAM Airlines
- Lufthansa
- Korean Air
- SAS
- Swiss
- United Airlines
- Vietnam Airlines
- Virgin Atlantic
MAJOR AIRLINES FIVE STAR
- Aer Lingus
- Air Astana
- Air Tahiti Nui
- Alaska Airlines
- Copa Airlines
- Fiji Airways
- Hawaiian Airlines
- Icelandair
- Oman Air
- Royal Brunei Airlines
REGIONAL AIRLINE FIVE STAR*
- JSX
GLOBAL AIRLINES FOUR STAR
- British Airways
- Ethiopian
- Polish Airlines
- Malaysia Airlines
- Pakistan International Airlines
- South African Airways
- Thai Airways International
MAJOR AIRLINES FOUR STAR
- Aegean Airlines
- AirEuropa
- Avianca
- flydubai
- Royal Jordanian
- SriLankan Airlines
Airlines
Qantas says cost to fly may rise, Due to Soaring Jet Fuel Prices
Qantas has been absorbing a $200 million increase in fuel costs, the airline warned that if prices continue to rise, the costs may be passed on to customers and it may raise its already high ticket rates.
The airline reported in a market update that fuel costs have gone up 30% since May of this year, including 10% just in the past month. “This is driven by a combination of higher oil prices, higher refiner margins, and a lower Australian dollar,” Qantas stated.
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But Qantas asserted that it will keep an eye on fuel costs in the upcoming months and “look to adjust its settings” if they continue to be this high. Any modifications would aim to strike a balance between the need for reasonably priced travel in a situation where tickets are already high, according to Qantas.
Qantas and competing airlines use methods of hedging to control erratic pricing changes. An effort to win back consumer support that included an apology from the airline’s new CEO, Vanessa Hudson, and a commitment to rebuild the airline’s reputation after a “humbling period” is in jeopardy as a result of the warning about ticket prices.
Analyst Owen Birrell with RBC Capital Markets predicted that the firm will likely accept the higher fuel costs “until its target margins come under pressure, and then would seek to claw back those costs through capacity cuts and higher fares.”
Given the increased competition, expanding consumer and corporate cost pressures, and incoming reinvestment in the product/platform, we don’t think a substantial earnings shift is possible going forward.
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