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Latest Articles in malaysia airlines

Malaysia's Airasia In Talks To Secure Funding Of Over $230 Million

Equities research firm CGS-CIMB said AirAsia would need 3 billion ringgit in new funding to maintain a healthy cash position, adding capital-raising efforts could result in shareholder dilution

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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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Malaysia's AirAsia Founders Not Taking Salary; Staff Accepts Up To 75% Pay Cut

AirAsia has suspended most of its flights since March and its long-haul arm, AirAsia X Bhd, parked most of its aircraft at its Kuala Lumpur hub until May 31.

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GSV Bids $2.5 Billion For Malaysia Airlines, Says Funded By European Bank

GSV has submitted its proposal to Morgan Stanley which has been hired by the aviation group’s sole owner, sovereign wealth fund Khazanah Nasional Bhd.

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Firm Plans $2.5 Billion Capital Boost In Malaysia Airlines Takeover Bid

Malaysian sovereign wealth fund Khazanah Nasional Bhd took MAS private in 2014, spending 1.4 billion ringgit for the 30% of the company it did not already own.

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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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Air France-KLM Proposes Buying 49% Of Malaysia Airlines, JAL Seeks Smaller Stake: Sources

Domestic carrier AirAsia Group Bhd and Malindo Air, the Malaysian arm of Indonesia's Lion Air, have also submitted proposals, the sources said.

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Malaysia Airlines Suspends Boeing 737 MAX Jet Deliveries Due To Grounding

The decision represents another setback for Boeing, which on Tuesday reported its worst annual net orders in decades, along with its lowest number of plane deliveries in 11 years.

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SITA Eyes India With Blackbox Data Streaming From Flights

The streaming of data from blackboxes, expected to be tested as early as June itself, comes amid rising concerns about safety of flights.

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