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AirAsia has grounded around 90% of fleet amid COVID-19 surge: Executive

AirAsia has grounded around 90% of fleet amid COVID-19 surge: Executive

FILE PHOTO: AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease (COVID-19), in Sepang, Malaysia April 14, 2020. REUTERS/Lim Huey Teng

KUALA LUMPUR: AirAsia Group has grounded around 90 per cent of its fleet of more than 200 planes across Asia due to the resurgence of COVID-19 outbreaks, an executive at its Malaysia unit said on Wednesday (Jun 9). 

Malaysia, its largest market with 105 planes, is currently under lockdown.

READ: AirAsia used COVID-19 pandemic to relook businesses: Fernandes

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.

READ: Commentary: Airlines have little choice but to not be airlines for a few years

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 Mar 31 totalled 976,968, a 90 per cent drop from a year ago.

Source: Reuters/ad

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