AirAsia announces end of air links with Japan
Airline will no longer operate in Asian Nation
An important and strategic country to reluctantly give up: AirAsia, low-cost airline operating in the continent from which it takes its name, decided to suspend its operations in Japan with immediate effect. The decision was made official in the last few hours and made a lot of noise, as is easy to imagine. The hand of the coronavirus pandemic is all there and the goal of this cessation is to save the company as much money as possible. Covid-19 made AirAsia lose the largest amount of money in its history, especially in the second quarter of 2020 which ended on June 30th.
As reported by Jun Aida, operational director of the Japanese airline division, it is no longer possible to operate without visibility and certainty of a recovery path following the health emergency; moreover, this choice was made "without haste and not even lightly". In the past few weeks, some glimmers had opened with regard to Japan, even if common sense prevailed. Meanwhile, AirAsia X, a subsidiary of the parent company, is looking for agreements with creditors to restructure the debt as soon as possible, otherwise many other air connections could jump in the future. Just a year ago, the situation was diametrically opposite: the company had in fact committed to ordering new aircraft, in particular A-330/900 and A-321XLR, an order that bode well for the future.
On the subject read also the article published by AVIONEWS.
AVIONEWS - World Aeronautical Press Agency