If approved by the government, AIRASIA will make a resumption of flight on April 29
AirAsia (AIRASIA 5099), which was grounded for some time, announced today that the group is scheduled to resume its domestic flights on April 29, subject to approval by relevant government agencies.
AirAsia stated that flights from Thailand will start on May 1, Philippines on May 1, India on May 4, and Indonesia on May 7.
AirAsia reported to Bursa Malaysia today that flights are resume and approval from various governments is required.
AirAsia ’s announcement of relaunching its shares pushed up stock prices. AirAsia (AIRASIA) closed up 6.5 sen to 78.5 sen and AirAsia Long Range (AAX) rose 1.5 sen to 8 sen.
AirAsia stated that restarting major domestic routes is a priority goal, and international flights will gradually increase.
"After the travel restrictions in various countries are gradually lifted, flights will increase in order, and passengers can go to AirAsia's website to book a seat."
AirAsia Chairman Bo Lingam said that AirAsia will review the procedures for handling passengers to ensure that the new Pneumonia virus will not be transmitted.
The support and resistance level of AIRASIA are 0.705 and 0.865 respectively. It is observed that the MACD line of AIRASIA is below the centreline indicating some degree of weakness in the price movement.
So far this counter is not in our trading watchlist.
Join this telegram now to get realtime trading and long term investment plan !
https://t.me/bursashortterm
https://klse.i3investor.com/blogs/bursatrade/2020-04-18-story-h1506018528-AIRASIA_5099_AirAsia_announces_resumption_of_domestic_flights_time_to_b.jsp
