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AirAsia And Malaysian Airlines Shake Up The Skies

Category: Tourism, Posted:27 Apr 2012 | 06:00 am

The possible share swap between AirAsia and Malaysian Airlines is getting huge ink in the financial press.
Certainly it makes sense in a business way as a win win, with the budget airlines obtaining key international routes and MAS to focus on premium routes.
Cost synergies such as leveraging fuel, maintenance and aircraft aquisitions are scalable.
There remains the threat that the government may intervene though and be a last minute deal killers.
MAS much like Thai Airways International is suffering losses as is the trend amongst many of the regions legacy carriers who have been unable to keep pace with the low-cost carrier invasion.

Other News

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AWC Set to Snap Up Westin Siray Bay Resort Phuket

Category: Hotels, Posted:11 Nov 2022 | 08:06 am Thailand’s growing hospitality conglomerate AWC (Asset World Corporation) has made public plans to acquire the 257-key Westin Siray Bay Resort and Spa Phuket. It is also acquiring the Grand Mercure Windsor Bangkok which has 459-rooms The AWC Phuket portfolio already includes the Phuket Marriott Resort and Spa Nai Yang Beach and Courtyard by Marriott Phuket […]
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Banyan Tree Phuket Launching New Oceanview Branded Residences

Category: Real estate, Posted:10 Nov 2022 | 12:20 pm Phuket’s Banyan Tree is rolling out two new products under their Grand Residences estate. Ten premium oceanview villas are priced in the THB100-150 million range and 40 seaview condominiums with median pricing of THB85 million. Located within the Laguna Phuket integrated destination resort, the group is expected to bring more real estate products to the […]
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Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
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