01/06/2022 10:54 PM

PUCHONG, June 1 (Bernama) -- Capital A Bhd’s e-hailing subsidiary, AirAsia Ride, is eyeing to onboard more drivers and increase it to 50,000 people by year-end in order to ensure fair fares for its passengers and drivers.

AirAsia Ride regional chief executive officer (CEO) Lim Chiew Shan said the recent issue of high fares and increased difficulty in getting a ride had sparked a surge in demand for AirAsia Ride which is more consistent in its fare.

He said since it was launched in August last year, AirAsia Ride had grown very fast and hit 1 million completed rides in April with bookings trippled in the last one month.

“Other platforms are multiplying the price when there are not enough drivers.

“We believed in fair prices thus customers’ side must also be treated fairly with the fare they are willing to pay and at the same time, drivers should also be compensated for the extra hours and fuels. That would be how we formulate our fare,” he told reporters at AirAsia Ride’s drivers gathering at the company’s headquarters in SetiaWalk Mall here today.

Also present was Capital A’s executive chairman Datuk Kamarudin Meranun and group CEO Tan Sri Tony Fernandes.

He said the company also didn’t force its driver to get the job done by giving penalties as they are free to choose, hence, there would be a bit of a problem for passengers to get the ride.

“That is why we need as many drivers as possible so that the algorithm of the application will take care by itself for the passengers and drivers,” he said.

On the expected revenue this year Lim said it would depend on the completed rides the company could achieve and assuming it managed to onboard 50,000 riders, it could double the one million rides achieved in April.

Fernandes said he believed that AirAsia Ride could grow big and be the nation’s Number 1 e-hailing ride just like how the group grow its airline business.

However, he said he didn’t set any timeline to achieve that.

“When we started the airline business 20 years ago, our goal was to democratise air travel by making it affordable for everyone. This was the one key message that I reiterated to (Lim Chiew) Shan when we first started this business.

“I am proud that we have been able to stick to this vision and benefit both drivers and passengers alike. Now, where we have been able to make flying affordable for everyone, we are proud to be able to help our drivers and passengers as well,” he added.


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