AirAsia chief says brand unit is nearing Nasdaq backdoor listing
AirAsia founder Tony Fernandes said that the Asian airline’s branding unit is closing in on a Nasdaq-listed target for a backdoor listing later this year that would value the…
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AirAsia
AirAsia nears deal for 100 Airbus A220 jets in expansion push
Tthe airline is set to start its Middle East hub in Bahrain as early as this year Low-cost South-east Asian carrier AirAsia is close to finalising an order for around 100 Airbus…
AirAsia X targets up to US$600 million debt restructuring after combining airlines
Malaysia’s AirAsia X targets US$500 million to US$600 million in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, deputy…
AirAsia seeks to start Bahrain hub this year, deputy CEO says
The low-cost carrier has raises RM 1 billion in a private placement as part of the restructuring exercise Regional low-cost carrier AirAsia is seeking to start its Middle East hub…
AirAsia X to be renamed AirAsia from Jan 19, founder says
AirAsia X will be renamed AirAsia from Jan 19 as low-cost carrier AirAsia reaches the final stages of its restructuring to consolidate all aviation businesses under a single entity,…
AirAsia founder urges Airbus to re-look software tests
The budget carrier is a major customer of Airbus, which is facing fallout from a weekend software glitch AirAsia, one of Airbus’ largest customers of single-aisle jets, says testing…
AirAsia X plans new long-haul European routes
Malaysian low-cost carrier AirAsia X, which recently launched flights to Istanbul, is planning to establish more long-haul routes to Europe sometime next year, its CEO Benyamin Ismail told…
AirAsia plans up to US$600 million bond to cut borrowing cost: sources
The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note AirAsia Aviation Group plans to raise as much as US$600 million, replacing a private…
Food Empire partners AirAsia to launch ready-to-drink beverages
The tie-up kicks off with a Vietnamese iced-coffee product to be sold on board the airline’s flights Mainboard-listed Food Empire will partner low-cost airline AirAsia to co-develop and…
AirAsia talks with investors near conclusion, says deputy CEO
The airline is arranging a RM1 billion equity injection alongside financing for its extensive order book of new planes Budget airline AirAsia is nearing the conclusion of talks…
AirAsia owner Capital A swings to annual loss on forex losses, expects profitability in 2025
Capital A swung to an attributable loss of RM475.1 million (US$106.5 million) in 2024, from a profit of RM255.3 million in the previous year MALAYSIA’S Capital A Berhad, owner of budget…
AirAsia owner Capital A expects return to profit this year after 2024 loss
MALAYSIA’S Capital A Berhad, owner of budget airline AirAsia, swung to an annual loss in 2024 due mainly to foreign exchange fluctuations, it reported on Friday (Feb 28), but said it…