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AirAsia CEO says company may launch flying-taxi business in 2022

With the airline enterprise taking successful from the coronavirus pandemic, AirAsia has been increasing within the digital area.

Bloomberg

PUBLISHED ON MAR 06, 2021 02:55 PM IST

Malaysian funds airline AirAsia Group Bhd. mentioned it’s searching for to launch a flying-taxi enterprise as quickly as subsequent yr.

“We’re engaged on that proper now,” Tony Fernandes, the corporate’s chief government officer and co-founder, mentioned Saturday. “I feel we’re a couple of yr and a half away from launching.”

Fernandes was talking in a web based dialogue as a part of the Youth Financial Discussion board.

With the airline enterprise taking successful from the coronavirus pandemic, AirAsia has been increasing within the digital area. It launched a “tremendous app” final yr that provides providers from journey and purchasing to logistics and monetary providers.

“We took it as a chance, a once-in-a-lifetime likelihood to recast your online business, re-look at issues,” the CEO mentioned.

AirAsia expects to start out its personal e-hailing providers in April, Fernandes mentioned. The flying taxis it hopes to start offering subsequent yr will include as many as 4 seats and will likely be powered by a quadcopter, he added.

Individually on Saturday, the corporate introduced that it’s partnering with a state company known as the Malaysian World Innovation and Creativity Centre to develop an city drone supply service.

Whereas AirAsia is searching for additional alternatives to develop its providers into new areas, Fernandes is optimistic that air journey will quickly rebound with the rollout of vaccination packages. The group provides low-cost flights linking 22 international locations, principally within the Asia-Pacific area.

“I hope interstate journey will begin within the subsequent two to 3 weeks” inside Malaysia, he mentioned. He expects worldwide borders to start out opening in July or August.

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