Back in 2009, the low-cost carrier model was not yet tried and true. It was still something that was considered questionable in terms of sustainability and whether the business model will stand the test of time. With that context in mind, it was shocking when word got out that a tiny Malaysian budget airline was […]
In 2003, AirAsia made a milestone move for local airlines by extending the retirement age of cabin crew to 55 years old, for both male and female crew. Previously, the retirement age was 45 years for men and 40 for women. Read more about it here and here.
On 22 November 2004, 3 years after Tune Air took over, airasia was listed on Bursa Malaysia – the biggest Initial Public Offering of the year. Our stock hit a high of RM1.45 before closing at RM1.40, reaching the higher end of analysts’ expectations, up 12% from the 1.25 ringgit paid by institutional investors and […]