AirAsia X—the long-haul subsidiary of Malaysian tycoons Tony Fernandes and Kamarudin Meranun's Capital A—has completed its debt restructuring, paving the way for the airline to reverse 33 billion
Malaysia's Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter.

Capital A trims net loss to RM3.12b in FY2021

01:02pm, Monday, 28'th Feb 2022 Malay Mail
KUALA LUMPUR, Feb 28 — Capital A Bhd, previously known as AirAsia Group Bhd, has narrowed its net loss to RM3.12 billion in the financial year ended December 31, 2021 (FY2021) from RM5.11 billion in FY2020. Revenue shrank to RM1.73 billion versus…
AirAsia Group—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun—plans to launch an air taxi ride-sharing service across Southeast by 2025 as the loss-making airline continues to
Avolon, the international aircraft leasing company, has signed a non-binding memorandum of understanding with AirAsia Aviation Group Limited to lease a minimum of 100 Vertical Aerospace Ltd's (NYS
AirAsia Aviation Group on Wednesday unveiled plans for a low-cost air ridesharing service in Southeast Asia after signing a non-binding deal with lessor Avolon for at least 100 Vertical Aerospace VX4
SEPANG, 14 February 2022 -In a landmark transaction, AirAsia X has secured full belly space utilisation for one third of its wide body A330-300 fleet for an initial period of one… | February 14, 2022
AirAsia Group—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun—has changed its name to Capital A, reflecting the loss-making budget carrier's diversification into digital busin
Malaysia's AirAsia Group Bhd said on Friday it had finalised the name change of its listed holding company to Capital A Bhd as it seeks market recognition of its growing portfolio of businesses beyond
International travel is likely to recover soon despite the progress being slowed by the omicron variant, according to AirAsia chief executive Tony Fernandes.
Tony Fernandes of the airline discusses when the industry is likely to return to pre-pandemic levels of demand and how the omicron Covid variant is likely to affect the recovery of international trave
AirAsia Group—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun—expects a strong rebound in air travel across Southeast Asia next year as the cash-strapped budget carrier raises
Dubbed AirAsia Xpress, the parcel delivery service is the company's latest venture as it expands its digital business to shore up the airline's revenues that have been hard hit by the Covid-19 pandemi

Analysts turn positive on AirAsia, Airports of Thailand on endemic shift

07:07am, Wednesday, 24'th Nov 2021 The Business Times
ANALYSTS have turned positive on AirAsia Group and Airports of Thailand (AOT) on the back of a shift to living with endemic Covid-19, as more flights resume and air travel restrictions ease.
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