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Total cabin crew needed for 2007 are 250 and they only trained for 300 person. With a excellent cost control, the staff cost for AirAsia is only USD0.35 cent per staff per ASK.
2. Securing of Hardware. Government had granted Investment Tax Allowance (ITA) for 160% capital allowance on qualifying Capex and unutilized portion can be carried forward perpetually. In order for AirAsia to benefit on the ITA, therefore AirAsia had secured aircraft financing for 60 A320 aircraft by taking 12 years financing at 5.30%-5.50% interested rate (Kuwait Finance House Malaysia Berhad).Furthermore, Air Bus 320’s cost economics far superior if it is compared with Boeing 737-300...
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