AirAsia X set to ramp up cargo services
AirAsia X plans to ramp up its cargo service to increase its revenue<br/>contribution to 20-25%, from single digits, in addition to synergising<br/>passenger routes with airlines in its group to improve efficiency as airfares rise. Tony Fernandes, acting group CE of AirAsia X, said cargo<br/>services will make up a bigger proportion of total revenue over the next<br/>few years. In addition to its current wide-body Airbus A330 fleet, AirAsia X might also use the narrow-body Airbus A321 for cargo flights. The company is planning to add 362 A321 jets from the second quarter of next year until 2035, and the plane could be more efficient for shorter routes than the A330. The IATA said global air cargo markets in July almost matched pre-pandemic levels, and were only 3.5% lower<br/>than the same period in 2019. Fernandes said cargo services will cover more destinations as the airline looks not only to Asia, but also key cities in Europe such as Frankfurt and Amsterdam. He said passenger flight plans for both long-haul AirAsia X and short-haul AirAsia will be more synergised. The potential routes they are planning will not overlap but should complement each other.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-09-14/unaligned/airasia-x-set-to-ramp-up-cargo-services
https://portal.staralliance.com/cms/logo.png
AirAsia X set to ramp up cargo services
AirAsia X plans to ramp up its cargo service to increase its revenue<br/>contribution to 20-25%, from single digits, in addition to synergising<br/>passenger routes with airlines in its group to improve efficiency as airfares rise. Tony Fernandes, acting group CE of AirAsia X, said cargo<br/>services will make up a bigger proportion of total revenue over the next<br/>few years. In addition to its current wide-body Airbus A330 fleet, AirAsia X might also use the narrow-body Airbus A321 for cargo flights. The company is planning to add 362 A321 jets from the second quarter of next year until 2035, and the plane could be more efficient for shorter routes than the A330. The IATA said global air cargo markets in July almost matched pre-pandemic levels, and were only 3.5% lower<br/>than the same period in 2019. Fernandes said cargo services will cover more destinations as the airline looks not only to Asia, but also key cities in Europe such as Frankfurt and Amsterdam. He said passenger flight plans for both long-haul AirAsia X and short-haul AirAsia will be more synergised. The potential routes they are planning will not overlap but should complement each other.<br/>
