In a significant move to promote tourism and economic growth, the Malaysian government has announced the extension of the visa exemption for Indian nationals until December 31, 2026. This extension aligns with Malaysia’s plans for its ASEAN chairmanship in 2025 and its preparations for Visit Malaysia Year 2026.

The announcement was made by Home Ministry Secretary-General Datuk Awang Alik Jeman on December 20, 2024. In his statement, Awang Alik confirmed that a similar visa exemption had also been granted to Chinese nationals, further solidifying Malaysia's strategic visa liberalisation plan. The plan, which was launched on December 1, 2023, grants a 30-day visa exemption to both Indian and Chinese nationals.

"This initiative is part of broader efforts to enhance Malaysia’s appeal as a top travel destination while ensuring the safety and security of the nation," said Awang Alik. The extension is expected to attract a higher number of tourists from India and China, providing a significant boost to Malaysia’s tourism sector, which is vital to the country’s post-pandemic recovery.

The move reflects Malaysia’s commitment to balancing ease of access with national security concerns. As the country prepares for key international events, including ASEAN chairmanship and Visit Malaysia Year 2026, the visa exemption is seen as a crucial part of Malaysia's long-term growth strategy in the tourism and economic sectors.

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Akasa Air, the rapidly growing airline that began operations in August 2022, continues to expand its fleet with a strong partnership with Boeing. With a current fleet of 26 Boeing 737 MAX planes, the airline is poised to receive more aircraft as it works with Boeing to fulfill its order of 200 aircraft by March 2025. Akasa’s Founder and CEO, Vinay Dube, confirmed that the airline is in constant discussions with Boeing to manage aircraft deliveries, emphasizing that there are no supply chain concerns hindering their progress.

In a recent interview with PTI, Dube expressed optimism about 2024, noting that it has been a successful year for Akasa Air. He shared the airline’s continued commitment to service excellence, with a focus on delivering a gentler and kinder experience for travelers. "Consumers view Akasa as a kind and gentler airline, a little more empathetic," Dube said. The airline has also maintained a strong focus on ensuring its employees feel respected and valued, further enhancing the airline's culture.

Fleet and Delivery Updates

Akasa Air has already inducted 4 new planes into its fleet in 2024 and plans to add more in the near future. While Dube did not provide specific numbers on the upcoming aircraft deliveries, he confirmed that Akasa Air remains confident in its strong relationship with Boeing and expects additional deliveries in the current fiscal year. In January 2024, the airline made headlines by announcing an order for 150 Boeing aircraft, which includes 737 MAX 10 and 737 MAX 8-200 models. This follows an earlier order for 72 Boeing 737 MAX aircraft placed in 2021.

Strong Financial Standing

Dube also addressed rumors surrounding the airline's potential funding plans, stating that Akasa is performing financially ahead of its expectations. "We are a well-capitalized airline, and we will continue to be one," he emphasized. This financial strength underscores the airline's commitment to growth, even amid a competitive market.

Market Perspective

In light of concerns about a virtual duopoly in India’s aviation market, where IndiGo and the Air India group collectively dominate with over 91% market share, Dube remains focused on what Akasa can control. The airline, with a 4.5% market share, remains committed to serving customers with kindness and empathy, prioritizing the customer experience over external market dynamics.

Akasa’s future is bright, with an expanding fleet and a focus on exceptional service, ensuring it continues to grow in the competitive Indian aviation industry.