AirAsia X News Stories
June 10, 2013
Malaysian long-haul budget carrier AirAsia X launched an initial public offering on Monday with a value of up to USD$370 million, seeking funds for its fleet expansion as it targets buoyant travel demand in Asia-Pacific and looks to fend off regional rivals.
May 13, 2013
Malaysian long-haul budget carrier AirAsia X said it is looking to raise USD$300 million in an IPO, throwing its hat into an expanding fundraising ring as Southeast Asian airlines seek to build up their fleets and ride a boom in regional passenger traffic.
October 10, 2012
The founders of Malaysia's AirAsia, Tony Fernandes and Kamarudin Meranun, are set to kick off an initial public offering spree in 2013 with three listings worth more than USD$500 million.
September 21, 2012
AirAsia's plan to buy 100 Airbus aircraft will be submitted to the carrier's board in about two weeks, the airline's CEO Tony Fernandes said, in a deal that could be worth USD$9 billion.
September 7, 2012
Malaysia's AirAsia is putting the finishing touches to a deal to buy up to 100 Airbus passenger jets as it expands internationally, sources familiar with the matter said on Friday.
June 28, 2012
Richard Branson's Virgin Atlantic Airways is expected to divest its 10 percent stake in AirAsia X to local existing shareholders, according to a report in The Edge Business Daily.
June 12, 2012
With a potential air market of hundreds of millions of people, airlines ought to be hammering on India's door - yet global airline executives say it would be madness to invest in a domestic carrier there, even if they were allowed to.
March 12, 2012
AirAsia X will suspend flights to and from New Zealand at the end of May as high jet fuel prices have made the service unprofitable, the long-haul affiliate of Malaysian budget carrier AirAsia said on Monday.
February 9, 2012
Malaysian long-haul budget carrier AirAsia X said its decision to scrap unprofitable routes to Europe would not affect its order for 10 Airbus A350 passenger planes, chief executive Azran Osman Rani said.
January 12, 2012
Malaysian long-haul budget carrier AirAsia X will stop flying to Europe and India from its Kuala Lumpur base due to high taxes and jet fuel prices, it said on its Facebook page on Thursday.
November 10, 2011
Malaysian low-cost airline AirAsia X wants to see an improvement in the economic climate and markets before its planned public share offering, but there is no possibility it will scrap the plan, its chief executive said on Thursday.
October 13, 2011
The long haul low-cost arm of Malaysia's AirAsia is planning an initial public offering of shares in 2012 and is in talks to sell a 10 percent stake to Khazanah Nasional before the IPO, a senior official said.
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- CFM Confirms AirAsia Order to Power A320s
- Airbus Gets USD$2.6 Bln Order From Sri Lankan
- Oman Air Orders Five Boeing 737-900ERs
- Boeing Launches 787-10 With USD$30 Bln Of Orders
- Airbus Wins USD$11 Bln EasyJet Order
- Nordic Aviation Orders 90 ATR Aircraft
- Korean Air Signs Provisional USD$3.6 Bln Boeing Order
- Bombardier Gets USD$1.8 Bln Business Jet Orders