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AirAsia supports calls for implementation of a Bubble Tourism for island destinations Panglao and Boracay

AirAsia joins calls from business groups and local government units to allow leisure travel subject to strict bubble tourism for island destinations such as Panglao and Boracay.

This comes after Panglao, Bohol Tourism Council vowed to manage tourist arrivals from various parts of the country, to include those from the NCR Plus (Metro Manila, Bulacan, Cavite, Rizal and Laguna) which is now under General Community Quarantine (GCQ) with heightened restrictions.

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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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