Posts in English
AAV Announces Operational Results For The First Quarter 2021 With Strict Cost Containment And Capacity Management To Combat COVID-19 Impacts While Launching Restructuring Plan To Bolster Liquidity

Asia Aviation Plc. (AAV), major shareholder of Thai AirAsia Co., Ltd. (“TAA”), has announced its operating results for the first quarter of 2021, posting a total revenue of Baht 1,351 million, with a net loss of Baht 1,865 million for the quarter. During the quarter the airline recorded a load factor of 66 percent. However, the “Restructuring Plan” which commenced earlier this month, aims to secure Baht 6,825 million in fundraising to support liquidity, sustaining the business until the COVID-19 situation has recovered.

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airasia partners with the Best Credit Card initiative winner RCBC Bankard; offers special treat for Moms on Mother’s day

airasia today sealed a new strategic partnership with Rizal Commercial Banking Corporation (RCBC) - hailed as the “best digital bank in the Philippines” through its Card servicing entity, RCBC Bankard Services Corporation, awarded Best Credit Card Initiative - as the airline’s transformation continues to become Asean’s leading travel and lifestyle platform of choice.

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