To diversify revenues following devastation caused by COVID-19.
Airlines around the world are struggling to stay afloat.
Singapore: Malaysian discount carrier AirAsia, which co-owns AirAsia India with Tata Sons, has launched a "no-frills" food delivery service in Singapore.
This is aligned with their "super-app" strategy to diversify revenues following the devastation caused by the COVID-19 pandemic to the airline industry. Airlines around the world are struggling to stay afloat and are finding ways to generate some revenue in whatever form.
In a report published on March 5, IATA (International Air Transport Association) said that air travel measured by Revenue Passenger Kilometres (RPKs) fell in January, from levels in December, and was 72 per cent lower than in the pre-crisis month of January 2019. This setback for the airlines` passenger business was driven by tightening government travel restrictions across the world, following the emergence of COVID-19 variants.