E-PaperAirasia X News
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-19The airline operated only 16 scheduled flights during the quarter carrying 2,291 passengers
1 min read26 Aug 2020AirAsia X could swap 66-jet Airbus A330neo order to A350s
AirAsia X is looking at swapping an order for 66 Airbus SE A330neo wide-body jets to larger A350s in a bid to boost capacity on its busiest routes
2 min read11 Oct 2017AirAsia X to relaunch India flights, seeks more flying rights
The carrier also said it may look at launching flights to the Malaysian capital from other airports like Ahmedabad and Amritsar as well
1 min read17 Jan 2016Nervous investors drive down Asian airline stocks in 2015
AirAsia and its long-haul unit have been Asia's worst-performing airline stocks this year after a series of crashes in 2014
2 min read22 Dec 2015AirAsia X CEO Azran Osman-Rani to leave; airline to raise $109 million
The carrier also named Kamarudin Meranun as the group CEO overseeing the affiliates in Thailand, Indonesia and Malaysia
1 min read30 Jan 2015AirAsia abolishes fuel surcharge across all its airlines
The abolishment of fuel surcharge will further reduce travel costs and stimulate more demand for travel and tourism
1 min read26 Jan 2015AirAsia confirms order of 55 Airbus A330Neos for some $15 bn
Airbus will begin delivering the fleet in 2018, says the Malaysian carrier
1 min read15 Dec 2014AirAsia X intends to buy 50 Airbus A330-900neo planes
AirAsia X-Airbus deal is worth $13.75 billion at catalogue prices
1 min read15 Jul 2014AirAsia X rises after low-cost carrier’s $310 million IPO
Stock rose as much as 2.4% as investors bet rising travel demand in the region will boost growth
3 min read10 Jul 2013AirAsia X raises $308 million in IPO after braving equities rout
The airline priced its initial public offering at 1.25 ringgit per share for both institutions and individuals
1 min read21 Jun 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared