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Latest Articles in airasia

Budget Airline Airasia X Out Of Money, Needs $120 Million For Restart

The Malaysian airline, the long-haul arm of AirAsia Group Bhd, said this month it wanted to restructure 63.5 billion ringgit ($15.32 billion) of debt and slash its share capital by 90% to continue as a going concern.

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Malaysia's Airasia Looks To Lay Off Staff - Bernama

AirAsia Malaysia's layoffs would be completed by the end of this month, while affected AirAsia X staff will be leaving end of October.

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Has Malaysia's AirAsia found the blueprint for airlines to survive COVID-19?

Has Malaysia's AirAsia found the blueprint for airlines to survive COVID-19?

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Malaysia's AirAsia X seeks creditor help as losses deepen

Revenue tumbled 91% to 91.4 million ringgit, it said in a bourse filing, as air travel was almost brought to a halt by restrictions to control the COVID-19 pandemic.

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Southeast Asia Budget Airline Boom Turns Sour For Planemakers, Lessors

Auditors for Malaysia's AirAsia Group Bhd and Vietnam's VietJet Aviation JSC are concerned about cashflows and funding, while Indonesia's Lion Air has put the brakes on a planned flotation.

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AirAsia In Trading Halt After Auditor Notes 'Going Concern' Doubts

AirAsia on Monday posted a 803.3 million ringgit ($188 million) loss for the three months ending March 31, its biggest first-quarter loss since its listing in November 2004.

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Malaysia's AirAsia Sees 2020 Capacity At 45-60% Of 2019 Levels On Virus Hit

AirAsia posted a loss of 803.3 million ringgit ($187.91 million) for the quarter ended March, from 96.1 million ringgit net profit in the year-ago period.

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Pilot alleges AirAsia compromising with safety norms, DGCA begins probe

Pilot alleges AirAsia compromising with safety norms, DGCA begins probe

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Airbus Puts Six Jets Made For Airasia Up For Sale As Crisis Deepens

Airbus has invited bids for four A320neo and two A321neo jets built for AirAsia, according to the sources and a confidential document seen by Reuters.

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AirAsia, Malaysia Airlines Merger An Option As COVID-19 Hits Industry - Minister

Malaysia is in the middle of a March 18-April 28 partial lockdown. It has so far reported COVID-19 infections in 5,182 people, 84 of whom have died.

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Malaysia's Airasia X Defers A330neo Deliveries As Coronavirus Crimps Demand

AirAsia X shares fell by 5% on Friday to a record low after it posted a net loss of 95.8 million ringgit ($22.62 million), worsening from an 88.1 million ringgit loss a year ago.

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Payments In High-Value Deals Not A Bribe, Mahathir Says About Airasia Probe

AirAsia is the world's biggest customer of the A321neo single-aisle aircraft and runs an all-Airbus fleet of 274 planes.

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Malaysia Investigates Airbus-Airasia Graft Allegations

The Airbus-AirAsia disclosures, I confirm that the MACC is in touch with the UK authorities and is already investigating the matter.

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Grab, Razer, Airasia Exploring Bids For Malaysia Digital Bank Licence

Razer Fintech's CEO Lee Li Meng told Reuters the company had extensive operations in Malaysia in the digital payments space and would evaluate the digital banking opportunity.

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AirAsia India Appoints Sunil Bhaskaran As CEO

Sunil Bhaskaran's appointment would be effective from November 15, AirAsia India said in a release

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