Air transport flying to recovery
Global air transport traffic has recovered from the Covid-19 pandemic, with airlines operating at 94.2 percent, data from the International Air Transport Association showed. In the Asian region, AirAsia CEO Tony Fernandes said the airline is fully reactivating its 204 aircraft after "seeing the light at the end of the tunnel."
Fernandes announced after renewing AirAsia's long-term agreement with CFM International. CFM's focus on improving fleet stability on site and 24/7 virtual monitoring of AirAsia's LEAP-1A engine operation provides a crucial catalyst for AirAsia to reinstate its full fleet across the group.
The company boasts of making enormous strides in bringing back their planes and restarting their operations, balancing a mismatch between the cost of 204 airplanes and the revenue of flying 143 planes on average this year.
On Thursday, they brought back the 175 planes. The CFM's fleet stability support is a vital catalyst for them to return to full activation. He is proud of Asia Digital Engineering, their engineering facility. He wants to thank every one of their engineers for doing the day-to-day work and focusing on the group's aircraft reactivation work. They also look forward to fourth-quarter results, when they will see the actual performance of AirAsia with the full fleet.
AirAsia Aviation Group CEO Bo Lingam said they are delighted with the latest developments with their engine supplier and service provider. This will accelerate their plan to bring capacity back. This will allow for higher utilization of planes with less downtime, more consistent flight schedules with better on-time performance, and more efficient use of spares with our engineering arm, ADE. This bodes well for their commitment to safety, reliability, and operational excellence.
With CFM's strong focus on fleet stability and services, support is a catalyst for enabling AirAsia to operate its LEAP engine fleet longer and helping the airline reduce maintenance costs and operational expenses.
CMF International president and CEO Gaël Méheust said that AirAsia has been a valuable CFM customer for nearly two decades, and they are delighted to support them and their plans to reactivate their fleet fully. They take AirAsia's trust as a great responsibility to support their fleet with high-level CFM standards.
