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AirAsia has grounded 90% of fleet amid COVID-19 surge in Malaysia

AirAsia grounds nearly 90% of its fleet across Asia due to COVID-19 resurgence

AirAsia grounds nearly 90% of its fleet across Asia due to COVID-19 resurgence
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AirAsia Group Announces Major Fleet Groundings, Looks Towards Freight Operations

AirAsia Group Announces Major Fleet Groundings, Looks Towards Freight Operations
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AirAsia has grounded around 90% of fleet amid COVID-19 surge

AirAsia has grounded around 90% of fleet amid Covid-19 surge - executive

Malaysia, its largest market with 105 planes, is currently under lockdown. AirAsia Malaysia expects demand could start to rebound from August, allowing it to restore service to all 17 of the domestic airports it serves by October, Chief Operating Officer Javed Anwar Malik said at a CAPA Centre for Aviation event on Wednesday. A full return to pre-COVID demand levels across Asia is not expected until around the third quarter of 2022, he said. AirAsia Group last month reported its seventh consecutive quarterly loss and said it was continuing efforts to secure more liquidity. Passengers carried in the quarter ended March 31 totalled 976,968, a 90% drop from a year ago.

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