Tag Archives | AirAsia Indonesia

AirAsia to offer direct Bali – Yogyakarta flights

AirAsia has announced it will offer direct flights from Bali (Denpasar) to Yogyakarta starting June 8, 2012. The airline will offer one round-trip flight each day.

Flight QZ8440 from Denpasar to Yogyakarta will depart at 06:00am, and flight QZ8441 from Yogyakarta to Denpasar will depart at 06:35am. The flight time is approximately 1 hour and 10 minutes.

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AirAsia Indonesia now flies Bandung/Surabaya to Bali

Low cost carrier AirAsia Indonesia says it will launch routes between Surabaya, East Java, and Bandung, West Java, and between Bandung, Surabaya and Denpasar, Bali, on February 14, 2012.

“The launch will mark our commitment to the Indonesian market and is aimed at strengthening our position in the domestic market,” company president director Dharmadi said in a press statement made available on Monday. “We also want to boost local tourism and economy by providing affordable prices,” he added.

Dharmadi said that the new routes would directly connect Bandung, West Java; Bali and Surabaya, East Java; which would help expand the creative market in the three areas.

AirAsia Indonesia is offering special prices for these new routes with one-way fares ranging from IDR 69,000 (USD $7.50) to IDR 149,000 (USD $16).

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AirAsia Indonesia postpones IPO until 2012

AirAsia Indonesia, the Indonesian subsidiary of Asia’s biggest budget airline, will postpone its initial public offering (IPO) until 2012 due to the global economic slowdown.

In March 2011 the airline announced plans for a public listing in the final quarter of the year. AirAsia Indonesia hoped to raise up to $200 million and named CIMB Securities Indonesia and Credit Suisse Securities Indonesia as its joint-lead underwriters.

However, on December 12, 2011, AirAsia Indonesia’a corporate communication manager Audrey Petriny stated “”The preparation for IPO is going well, but we decided to postpone it due to inconducive global economic conditions.” She said the 2012 launch date would depend on the “progress of the global economy”.

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