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digital transformation

AirAsia pivots away from its airline roots

25 August 2020 By Seth Miller 3 Comments

“We have successfully pivoted from an airline to an all-in-one digital lifestyle company anchored on travel.” This was the key message delivered by AirAsia Group CEO Tony Fernandes as part of the company’s Q2 financial results that showed a 96% drop in quarterly revenue. Airline-related revenue dropped 98% while non-airline revenue, a much smaller portion of the company’s operations, dipped only 55%.

This story is about: AirAsia, BigPay, cargo, digital transformation, distribution, earnings call, IFC, IFEC, in flight, in-flight connectivity, in-flight internet, inflight connectivity, loyalty, wifi Filed Under: Airplanes and Airports, IFEC, Loyalty

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