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Malaysia's AirAsia X posts record quarterly loss, eighth in a row
06:28am, Thursday, 20'th May 2021
Malaysian long-haul budget airline AirAsia X Bhd reported a record loss for the first three months of the year and its eighth quarterly loss in a row as the coronavirus pandemic devastated demand for
Malaysia's AirAsia shares slide after record quarterly loss
01:27am, Tuesday, 30'th Mar 2021
Shares in AirAsia Group Bhd fell in morning trade on Tuesday, as analysts lowered earnings forecasts after the Malaysian budget airline group posted its record quarterly loss.
Malaysia's AirAsia Group plans air taxi, drone delivery service
07:10am, Saturday, 06'th Mar 2021
Malaysia's AirAsia Group Bhd plans to launch an air taxi service and the country's first drone delivery service as the budget carrier seeks to diversify amid the coronavirus pandemic, the company's CE
AirAsia expects to resume flying to most routes by the end of 2021, CEO Tony Fernandes says
11:20pm, Monday, 25'th Jan 2021
AirAsia reported a fifth straight quarterly loss in November and is in the process of raising funds through loans and investors.
Exclusive: AirAsia X shows court creditors' support for restructuring plan
03:31am, Thursday, 14'th Jan 2021
Most of AirAsia X Bhd (AAX)'s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed
Tony Fernandes's AirAsia Cuts Stake In India Joint Venture With $38 Million Sale To Tata Sons
01:35am, Wednesday, 30'th Dec 2020
The Malaysian tycoon's budget carrier is offloading its 32.7% stake in AirAsia India to Tata Sons as coronavirus travel restrictions have all but wiped out passenger traffic globally.
Exclusive: Airbus to lose over $5 billion in orders under AirAsia X's proposed restructuring
01:22am, Tuesday, 22'nd Dec 2020
Aircraft manufacturer Airbus SE said it stands to lose more than $5 billion woth of aircraft orders if AirAsia X Bhd's (AAX) debt restructuring scheme goes through, court documents showed, joining a d
Asian nations could mandate COVID-19 shots for travellers, AirAsia chief says
03:04am, Wednesday, 09'th Dec 2020
Governments in Asia could require inbound travellers to receive COVID-19 vaccinations, AirAsia Group's Chief Executive Officer said on Wednesday, with such conditions expected to become a trend in the
AirAsia 'Quietly Optimistic' About 2021, Group CEO Says
02:04am, Monday, 07'th Dec 2020
Dec.07 -- AirAsia Group Bhd. Chief Executive Officer Tony Fernandes discusses the low-cost carrier's strategy and outlook amid the coronavirus pandemic.
Airbus sells six jets rejected by AirAsia, denting surplus: sources
11:17am, Friday, 27'th Nov 2020
Airbus has found homes for six A320neo-family aircraft rejected by one of its largest customers, Malaysia's AirAsia, as it makes further progress in reducing an overhang of jets left by the coronaviru
Exclusive: AirAsia X to revise $15.3 billion debt reform plan to expedite talks with creditors - sources
05:06am, Thursday, 29'th Oct 2020
Malaysia's AirAsia X Bhd plans to drop a local airport operator from its $15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direc
