12 Jan '12, 10am

Malaysia's AirAsia X to stop flying to Europe, India #malaysia

SINGAPORE (Reuters) - Malaysian long-haul budget carrier AirAsia X announced plans to scrap unprofitable routes to Europe and India as it prepares for a planned flotation, citing weak demand and a row over European Union emissions charges. The decision to scale back will affect flights to Mumbai from January, while services to New Delhi, London and Paris will cease in March. AirAsia X said customers who hold bookings after these dates would be offered an alternative travel option at no additional cost. "AirAsia X will concentrate capacity in our core markets of Australasia, China, Taiwan, Japan and Korea," the carrier said. Writing on Twitter, Chief Executive Azran Osman-Rani blamed the decision on a "weak European economy/reduced demand, continued high fuel prices and high airport and government taxes including 1 Jan 2012 carbon tax". The airline is one of the first to cu...

Full article: http://sg.news.yahoo.com/malaysias-airasia-x-stop-flying-...

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