15th Jun 2022
AirAsia, Capital A Bhd's low-cost carrier, is looking to India to counter for China's prolonged isolation from the rest of the world's tourism industry.
The airline, which focuses mostly on the Southeast Asian market, is enjoying a rise in business from Indian visitors to Indonesia and Malaysia.
This comes after China, historically one of Thailand's largest tourist markets, imposed a zero-visa policy.
"India is unquestionably a very, very important market." AirAsia Malaysia Chief Executive Officer Riad Asmat said at the Aviation Festival Asia in Singapore on Tuesday. "we must work with what we have at the moment."
According to the CEO, the Malaysian airline, which mostly serves the Southeast Asian market, is seeing an uptick in demand from Indian tourists visiting the area. According to Asmat, about 90% of the passengers on a recent flight to Bali were Indian tourists.
Since international flights resumed in March, Indians have taken to the skies because of a pent-up demand following two years of pandemic restrictions. Asmat has never seen anything less than a 90% load factor entering or exiting India since the country's borders opened.
According to Asmat, AirAsia, which used to fly about 90 planes per day before the pandemic, now only has a few planes available. We make the best of what we have, establish sufficient capacity to maintain our operations, and strive to get as many planes back in the air as feasible.