AirAsia News

AirAsia Plans USD$143 Mln Rights Offering

May 29, 2009

Malaysian low-cost airline AirAsia s planning a MYR500 million ringgit (USD$143.1 million) rights offering as it expects debt levels to climb this year, its chief executive said on Friday.
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AirAsia To Raise USD$824 Mln In 2010

April 1, 2009

Malaysian budget carrier AirAsia needs to raise MYR3 billion ringgit (USD$823.5 million) next year as it expects to take delivery of another 24 new aircraft, a company official said on Wednesday.
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Pilot Wanted: No Flying Experience Necessary

March 12, 2009

If being a pilot is your dream job, one of Asia's fastest-growing budget airlines is seeking staff via an online contest, and no flying experience is necessary.
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AirAsia Says No Need For Rights Offer

March 4, 2009

Malaysian budget carrier AirAsia is not planning a rights offering to shore up its balance sheet even as it expects borrowings to swell by MYR2.1 billion ringgit (USD$566 million) this year, a senior company official said on Wednesday.
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Air Asia Ponders Man Utd Shirt Sponsorship

February 24, 2009

Malaysian budget airline AirAsia is considering whether to become English Premier League champions Manchester United's new shirt sponsor, the company's chief executive Tony Fernandes said on his blog.
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Malaysia Airports To Build Budget Terminal - Reports

February 2, 2009

Malaysia Airports, the country's sole airport operator, plans to build a low-cost terminal, local newspapers reported, after reports that budget airline AirAsia's proposal to build an airport was scrapped.
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Malaysia Turns Down AirAsia Airport

January 30, 2009

Malaysia's government has turned down plans from budget carrier AirAsia to build a new airport outside the capital, Kuala Lumpur, a source with knowledge of the negotiations said on Friday.
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Sime Darby Gets Nod For New Malaysian Airport

January 5, 2009

Malaysian plantation-to-property conglomerate Sime Darby said on Monday it had obtained the government's approval to build a private low-cost carrier terminal.
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