low-cost carrier

AAX secures major investment, explores restructuring

The fresh influx of funds not only provides a lifeline to the beleaguered airline but also fuels a renewed sense…

2 years ago

MYAirline tickets selling like hotcakes

The brand-new low-cost carrier is looking to fly to regional markets in 1Q23 by AFIQ HANIF / pic HUSSIEN SHAHARUDDIN…

2 years ago

AirAsia’s 3Q hit by sustained travel restrictions

by NUR HANANI AZMAN / pic by MUHD AMIN NAHARUL AIRASIA Group Bhd recorded a net loss of RM887 million…

3 years ago

AirAsia, Airbus to rework A320 orders for A321neos

by PRIYA VASU / pic source: airbus.com AIRASIA Group Bhd is proceeding with the transformation of its present mainly-A320 aircraft…

3 years ago

AAX posts record RM24.6b net loss

This is following the impact of Covid-19 pandemic and suspension of scheduled flight operation since April 2020  by NUR HAZIQAH…

3 years ago

AirAsia X’s shareholders approve corporate restructuring plan

AAX is committed to resuming commercial operations as soon as possible once international borders open by PRIYA VASU / Pic…

4 years ago

AirAsia passenger load down 90%

The group posted improvements in key operational metrics in March 2021 compared to February 2021 across all entities by RAHIMI…

4 years ago

AirAsia’s shares retreat to penny stock on gloomy financial outlook

Research houses are expecting the low-cost carrier’s share price to dip within the range of 21 sen to 90 sen…

4 years ago

AirAsia’s placement exercise draws investors’ interest

By PRIYA VASU / Pic BERNAMA AIRASIA Group Bhd’s (AAGB) successful private placement exercise has seen the company exit its…

4 years ago

AirAsia X proposes restructuring of debts

The proposal states that the debts are to be reconstituted into an acknowledgement of indebtedness for a principal amount of…

4 years ago

Irish airline Ryanair cuts up to 3,000 jobs over virus

by AFP / pic by AFP Irish low-cost carrier Ryanair said on Friday it planned to axe 3,000 pilot and…

5 years ago

AirAsia to resume domestic flights on April 29

by S BIRRUNTHA/ pic by MUHD AMIN NAHARUL AIRASIA Group Bhd is set to resume its scheduled flights starting with…

5 years ago

AirAsia CEO urges customers to accept credit as refund alternative

More than 80% of affected AirAsia customers have accepted the credit refund offer by FARA AISYAH/ pic by MUHD AMIN…

5 years ago