channelnewsasia.com - Malaysia, Laos resume air links
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Business News

 
 

Malaysia, Laos resume air links
Posted: 13 May 2007 1708 hrs

 
 
Photos  of

   
 


KUALA LUMPUR : Asia's top budget carrier AirAsia will fly direct flights to Vientiane in Laos from Kuala Lumpur from July, the airline's chief said Sunday.

"Our aim is to become an Asian airline. Without a doubt, the resumption of a direct air link after nearly a 10-year hiatus will spur economic benefits," chief executive Tony Fernandes told AFP.

"That is the beauty of a low cost carrier. We can fly to destinations which others don't," he said.

National carrier Malaysia Airlines started a direct flight between the two capitals in 1996 but the 1998 financial crisis forced the airline to cancel the service due to poor passenger demand.

Foreign Minister Syed Hamid Albar said the decision to resume the route was made on Friday at the third Malaysia-Laos joint commission meeting to boost trade, tourism and economic ties.

Bilateral trade doubled last year to 58 million dollars compared to the previous year, he said.

"Direct flights to Vientiane will fuel the movement of tourists, and spur trade and investments between the two countries," he was quoted as saying by Bernama news agency.

Fernandes said that AirAsia was also hoping to secure a direct link from Kuala Lumpur to Yangon in Myanmar in the next few months.

AirAsia was launched as a budget carrier in December 2001 with just two aircraft. It now offers more than 100 domestic and international flights throughout Southeast Asia.

- AFP/ir

 

 



Other business News
Samsung estimates big rise in Q2 profit
US bankruptcy judge approves GM's restructuring plan
G8 surveys financial crisis aftershocks
China undecided on anti-dumping moves against Saudi Arabia
Nomura breaks into Saudi investment banking market
Japan reportedly agrees to sign crisis loan pact with Indonesia
Taiwan benefits from China's economic stimulus
Sarkozy pries open France's door to Sunday shopping
Chinese carmaker submits offer for GM's Opel
India looks to cut out middlemen on gold

 


Advertisements

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions