Markets

U.S. open in 57 hrs, 40 mins
10,309.92
-154.48
 
1.48%
2,138.44
-37.61
 
1.73%
1,091.49
-19.14
 
1.72%
101.406
0.5625
 
0.56%
5,245.73
51.60
 
0.99%
9,081.52
-301.72
 
3.22%
21,134.50
-1,075.91
 
4.84%
-0.0023
 
0.15%
-0.86
 
1.00%
1,177.80
-9.20
 
0.78%
75.97
-1.99
 
2.55%
Bookmark and Share

Malaysia's AirAsia expands to Mideast in November

AP
posted: 100 DAYS 18 HOURS AGO
Text SizeAAA
KUALA LUMPUR, Malaysia -Malaysian low-cost carrier AirAsia said Wednesday it will launch flights to Abu Dhabi in November, marking its first foray into the Middle East.
The new Kuala Lumpur-Abu Dhabi route, operated by the carrier's long-haul affiliate AirAsia X, will begin Nov. 23 with five weekly flights in time for the peak travel season for Muslims, it said in a statement.
AirAsia X Chief Executive Azran Osman-Rani said it indicated the group's expansion plans were on track despite the global economic slump.
The airline sees a potentially lucrative market in Abu Dhabi, the largest city in the United Arab Emirates with a population of 2 million — of which more than 80 percent are frequent traveling expatriates, he said.
"We believe our low fares will help to stimulate and trigger new travel demand, and will help to boost tourism potential on both ends," he said.
The carrier is offering a promotional fare of 99 ringgit ($28) for a one-way ticket, which is exclusively available online Aug. 20-26 for travel between Nov. 23 and July 31, 2010.
AirAsia X, which began long-haul operations in November 2007, currently flies from Kuala Lumpur to London, Australia, Taiwan and China.
Airlines worldwide are suffering as the economic slump cuts demand for air travel.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-08-19 06:02:43
COMMENTS ( 0 )
GOT SOMETHING TO SAY?
YOU'LL BE ASKED TO REGISTER OR SIGN IN BEFORE POSTING A COMMENT.
Make a Comment
Comment
 
Download the Daily Finance iPhone Application

Headlines From AOL Money & Finance Partners

CNBC
The Big Money
Smart Money
Kiplinger.com
The street

Visit Money & Finance for stock quotes, the web's best online portfolio manager and the latest business & financial news. Find out about every aspect of personal finance and money management, from finding the best mortgage rates and preventing identity theft to making money, saving money and investing money.