In the Business Times, AirAsia will soon start refunding passengers for delayed flights. The airline hopes to implement this within the next two months. AirAsia also requested for low-cost terminals to be set up in Kuching and Penang. On top of that, Airasia also hopes to be able to start a second flight to Shenzen by October given the overwhelming demand.
My 2 cents - They should have started the 'refund' since they begun operations. The delays has been one of the main, if not the main 'nuisance' to its customers. This move should improve their credibility among its customers and potential customers. With half of Visit Malaysia 2007 (VM2007) already passed us by, their business has been brisk. This should be a good year for Airasia this year and next. A lot of brokers has been 'selling' Airasia as a buy these days. And I think there is still room on the upside for its share price. I definitely do not expect it to shoot up straight away in these market conditions but well, it should in the next 12 months or so.
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