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 the initial goal of Air Asia when it started?

How has Air Asia positioned itself in the Southeast Asia market?

What significant agreement did Air Asia sign recently in relation to its expansion in China?

What are some of the investments Air Asia plans to make in China?

What is the projected growth in the number of people flying to and within China by 2035?