Asian air travel will make a V-shaped comeback
16 June 2022
The parent company of cheap carrier AirAsia said on Wednesday that Asian air travel is set to make a “V-shaped comeback.” This prediction was made in light of the fact that countries are removing strict coronavirus regulations that have destroyed the sector.
Because governments in the region have had restrictions like quarantines and testing in place for a substantially longer period of time than in Europe and the United States, the aviation sector in the region has need a significant amount of time to make a full recovery.
On the other hand, over the past several months, governments in the Asia-Pacific region have been gradually eliminating restrictions, and tourism is on the rise once more.
Colin Currie, a senior executive at Capital A, the parent company of AirAsia, one of the region’s leading low-cost airlines, predicted that “we’re going to witness a V-shaped rebound.” Capital A is the parent company of AirAsia. “We are fairly positive because we see the desire from our customers who want to go,” said one of the employees. “We want to go.”
At the event he was speaking at, which was held by the long-haul arm of Capital A known as AirAsia X, it was announced that the airline would be adding seven new routes by the end of the year.
AirAsia X currently has six Airbus aircraft in operation, with the intention of increasing that number to 15 by the end of the year.
In the year 2020, the pandemic caused by the Covid-19 virus forced the airline to ground all of its jets and go through a debt restructuring.
Even though there are indications of improvement in Asia, there are still some problematic regions, particularly in China, where restrictions are still in place. This is because Beijing is working toward a zero-Covid strategy, which entails completely eradicating the virus by carrying out widespread lockdowns, mass coronavirus testing, and isolating suspected and confirmed cases at designated quarantine centers.
As a direct consequence of the pandemic, the Asian air travel industry was faced with its most severe crisis to date, which led to the closure of borders all over the world.
