AirAsia X News Stories

AirAsia X Launches USD$370 Million IPO

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.
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AirAsia X Eyes USD$300 Million IPO

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.
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AirAsia Founders To Kick Off 2013 IPO Spree

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.
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AirAsia's Plan To Buy 100 Jets To Go To Board

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.
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AirAsia Close To Major New Airbus Deal

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.
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Virgin Atlantic To Shed AirAsia X Stake

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.
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Indian Skies Inviting, But No Takers

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.
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AirAsia X To Stop NZ Flights, Cites Fuel Costs

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.
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Europe Pullout Won't Hit AirAsia X A350 Orders

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.
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AirAsia X To Stop Flying To Europe And India

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.
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AirAsia X Waiting On Markets For IPO

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.
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AirAsia X Eyes Khazanah Stake Sale, IPO

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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