Update AirAsia X granted Indonesia’s air operator's certificate

by **Cals** Fri 05 Sep 2014, 21:38

Update AirAsia X granted Indonesia’s air operator's certificate

Business & Markets 2014

Written by Tarani Palani of theedgemalaysia.com

Friday, 05 September 2014 14:50

KUALA LUMPUR (Sept 5): AirAsia X Bhd, the long-haul low-cost arm of AirAsia Bhd, said its Indonesian unit has been granted an air operator's certificate (AOC) from Indonesia’s aviation regulator, the Directorate General of Civil Aviation (DGCA).

An AOC allows an aircraft operator to use its aircraft for commercial air operations.

In a filing with Bursa Malaysia today, AirAsia X said PT Indonesia AirAsia Extra (IAAX) had received the approval from DGCA for the AOC yesterday.

“With this AOC, IAAX will now commence application for operating permits and slots to its intended international routes.
“At present, IAAX has one Airbus A330-300 leased from Epic Leasing LLC, an intermediary between the company and IAAX. IAAX also aims to lease additional aircraft moving forward,” said AirAsia X.

It added that the holding of AirAsia X in the share capital of IAAX will be 49%.
In a statement today, AirAsia X said IAAX will announce the commencement date of its commercial operations once details have been finalised.

Granting of the new AOC is in line with AirAsia X’s strategy of offering a comprehensive network with seamless connectivity, following the successful set-up of Thai AirAsia X Co Ltd, said AirAsia X.
"IAAX will also be the first long-haul low-cost carrier in Indonesia," it added.

In July this year, AirAsia X chief executive officer Azran Osman-Rani was reported as saying that he hoped its venture in Indonesia would be able to start by year-end and be fully operational next year.