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AirAsia eyes 10 Airbus units
by Jeremiah F. de Guzman
AirAsia Inc., the unit of AirAsia Group in the Philippines, said over the weekend it will deploy up to 10 Airbus 320 in the first three years of its operations to serve Southeast Asian destinations.
AirAsia Philippines chairman Antonio Cojuangco told that the carrier’s maiden flight is set in October.
“We will start with two Airbus 320. We still don’t have specific routes. We still have to go through applications first,” Cojuangco said.
He said first aircraft would be delivered in August and the second in October or November. The airline, he said, had applied for four regional destinations that he did not disclose.
The carrier earlier said it wanted to launch flights from the Philippines to Kuala Lumpur, Singapore, Jakarta, Bangkok, Hong Kong and China.
Cojuangco also said AirAsia Philippines planned to increase its fleet from just two this year to eight to 10 Airbus 320 in the next three years.
“But all these plans are subject to what we actually achieve,” he said.
“We will offer prices that are lower than market prices, lower than others. That’s our business model,” Cojuangco said.
Cojuangco, Marian Hontiveros and Michael Romero equally own 20 percent of AirAsia while AirAsia Berhad controls the balance.
AirAsia Philippines earlier announced it would set up base at Diosdado Macapagal International Airport in Clark, Pampanga province.
DMIA, which is 85 kilometers away from Ninoy Aquino International Airport, is the main airport serving the immediate vicinity of the Clark Special Economic Zone.
The airport is also home to the airline’s sister company, Malaysia-based AirAsia Berhad, which has been flying from Kuala Lumpur and Kota Kinabalu since 2005.
The airline earlier said it would have an initial authorized capital stock $25 million to jump-start operations. “We didn’t have to increase capitalization. We are just leasing aircraft,” Cojuangco said.
AirAsia added that it would expand its operations by putting up hubs in Cebu or Zamboanga City once it gained ground in the local market.
The Philippines, meanwhile, failed to close an air agreement with Indonesia.
“We did not finish the negotiations [on Friday]. The parties agreed to set another round of talks within the year,” Civil Aeronautics Board executive director Carmelo Arcilla said in a text message late Friday.
Indonesian aviation officials visited the Philippines Thursday to meet with the local panel for a new air pact between the two countries.
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