AirAsia eyes new Southeast Asia unit, as Cambodia launch pushed to mid-2024

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AirAsia’s Cambodian unit is expected to commence operations in the middle of the year, six months later than originally planned, as the airline group mulls launching another carrier in the region.

In brief remarks following the release of parent Capital A’s annual results, AirAsia Aviation did not say where it is intends to base its newest unit. The group has previously stated that it will focus on Southeast Asian countries.

It is not the first time the airline group has talked up new units in Southeast Asia. In February 2023, Capital A chief Tony Fernandes said the group was looking at at least two more airlines in the region, with details to emerge by end-2024.

Meanwhile, AirAsia Cambodia – the group’s fifth airline unit – was originally to have launched operations by end-2023. Neither the carrier nor the AirAsia group indicated reasons for the delay.

The AirAsia group holds a 51% shareholding in the new carrier, while Cambodian firm Sivilai Asia accounts for the remainder. Source: Flight Global

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