AirAsia to Start China Venture

Air Asia is expanding its reach across Asia, with significant growth in Southeast Asia and partnerships in India and China. CEO Tony Fernandez views the Chinese venture as the final piece of Air Asia's puzzle, aiming to connect travelers across Asia Pacific. The airline has ordered numerous planes from Airbus to support its expansion and is selling its plane leasing unit to raise funds. Air Asia plans to invest in aviation infrastructure in China, including a terminal for low-cost carriers and an academy for training aviation professionals, anticipating a significant increase in air travel within China by 2035.

What was Air Asia's initial goal when it started?

• To become a global carrier

• To be an Asian carrier

• To focus on domestic flights

• To partner with European airlines

What does the Chinese venture represent for Air Asia according to CEO Tony Fernandez?

• A temporary expansion

• A financial burden

• A new beginning

• The final piece of the puzzle

Why has Air Asia ordered hundreds of planes from Airbus?

• To reduce operational costs

• To sell them to other airlines

• To meet its expansion strategy

• To replace old aircraft

What is included in Air Asia's investment plans in China?

• Launching a new airline

• Setting up a dedicated terminal for low-cost carriers

• Investing in real estate

• Building luxury hotels

By what year is the number of people flying to, from, and within China expected to reach 1.3 billion?

• 2040

• 2030

• 2035

• 2025