News
AirAsia X focuses on cargo services; sells belly space on its A330s
February 15th 2022
LCC AirAsia X (AAX) has managed to sell one third of its A330-300 fleet's belly space as it focuses on cargo to generate revenue. Read More » The deal is for an initial period of one year. The capacity will be taken up by logistics company, Teleport, to meet its customer needs across the Asia-Pacific. AAX CEO, Benyamin Ismail, said the company was in discussions with "several" other major global clients that have air cargo requirements, particularly to destinations where the LCC has established bases and flying rights. "For the foreseeable future, cargo revenue will underpin our route strategy. Passenger revenue, for the first time, will be ancillary," Ismail said. AAX chief operating officer, Captain Suresh Kumar Bangah, said he hoped to have the full fleet operational by the end of the third quarter of 2022. “We only will fly if it is profitable to fly. With our restructured low-cost base, we can fly profitably when other airlines cannot. This is a significant advantage for us," Captain Bangah said. Teleport is the logistics arm of Capital A (formerly AirAsia Group).
