AirAsia-X to Delay Long-Haul Flight to 2008

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Mar 12 2007
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Earlier, most Malaysian were excited by the news that they might be able toFly To London At Less Than 3 Dollars”. Tony Fernandes was hailed as the hero who made the dream of “Everyone Can Fly” comes true. Tony was indeed the most-talked about man in 2006 with his successful turnaround of the once-ailing AirAsia Berhad (KLSE: AIRASIA, stock-code 5099).

The reality was within reach when Jetstar, the budget carrier of Australian carrier Qantas Airways Limited (ASX: QAN) said it plans to fly from Sydney to Kuala Lumpur from September 2007 onwards. In fact you still can check for seats availability and schedule here.

Today, AFP reported a source from top company executive who said that AirAsia X, the long-haul budget airline set up by low-cost aviation pioneer Tony Fernandes, has delayed its takeoff, possibly until next year from the promised date of July 2007 (this year). The delay was said to be caused by higher leasing costs.

Besides, it was reported that AirAsia X has not decided on the type of aircraft and the firm does not want to get caught leasing planes at current high prices in a market with tight supply though Azmi, the CEO of Fly Asian Express (FAX), told AFP back in January 2007 that a decision will be made in Mar-2007.

Due to the delays in delivery of the Airbus super jumbo (the A380) to other carriers, it has led many airlines to acquire the A330 and caused excess demand. AirAsia X hopes to now start operations by year’s end or at the latest, by August 2008. So if you’re still waiting and hoping to get a seat to fly to Britain for as low as 9.99 ringgit (2.97 dollars), then you’ve no other choice but to wait a little bit longer.

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