ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

AirAsia sees more layoffs if April domestic flights stay grounded

COVID speeds non-airline business expansion by loss-hit budget carrier

AirAsia is ready to furlough more workers unless domestic coronavirus travel curbs end next month, its president says. (Photo by Keiichiro Asahara)

KUALA LUMPUR -- Low-cost carrier AirAsia is ready to furlough more workers unless domestic coronavirus travel curbs end next month, even as the company speeds expansion of its non-airlines business to fill an earnings hole, top executives told Nikkei Asia.

The airline founded by local tycoon Tony Fernandes and its budget model have been hammered by the drop in international air travel, while movement restrictions between states in Malaysia are also choking revenue. AirAsia Group President Bo Lingam said in an interview with Nikkei that it is critical for internal routes to reopen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more