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AirAsia
56 articles
Stay updated with AirAsia, a Malaysian low-cost airline known for its high frequency of flights and no-frills approach to air travel.
Malaysian AirAsia secures $72 million loan
AirAsia Group, a Malaysia-based investment holding company, secured a $72 million loan from Sabah Development Bank Berhad and…
2020-10-23
AirAsia Philippines looks for contributor to secure fresh capital
Ricky Isla, the CEO of AirAsia Philippines, the Philippine affiliate air carrier of AirAsia Group, announced that the…
2020-10-22
Government denies approving $242 million loan to AirAsia Group
The Malaysian Ministry of Finance denied a media report claiming that the government of the country has granted…
2020-10-22
Tata Sons considers becoming full owner of AirAsia India
Tata Sons considers pursuing 49% of AirAsia India stake in the joint venture among Tata sons and AirAsia…
2020-10-22
AirAsia X to escape liquidation by restructuring $15.3B debt
AirAsia X, a long-haul subsidiary of AirAsia Group, announced its $15.3 billion debt restructuring scheme as a measure…
2020-10-22
Lessor loses patience: AirAsia X sued for $23 million
Airline leasing company BOC Aviation has filed a claim at the London court against AirAsia X and its…
2020-10-22
AirAsia seeks $602 million cash injection
AirAsia Group announced that it was seeking to raise $602 million by the end of 2020, after suffering…
2020-10-22
AirAsia Japan to be shut down next week?
AirAsia Japan, one of many subsidiaries of AirAsia, an Asia-Pacific-based low-cost carrier is on the verge of being…
2020-10-22
AirAsia crumbling airline empire: overstretched or opportunistic?
As rumors began to spread about two AirAsia subsidiaries potentially shutting their doors, namely AirAsia India and AirAsia…
2020-10-05
AirAsia announces new subsidiary, expands into MRO
AirAsia Berhad, a Malaysian low-cost carrier, has announced the formation of an engineering service entity Asia Digital Engineering…
2020-09-09
AirAsia expects to raise $234M after auditors warning
AirAsia provided an update on its financial situation after auditors, who reviewed its financial statements for FY2019, expressed…
2020-07-09
AirAsia auditor warns of financial imbalance at the airline
After AirAsia published its Q1 2020 financial statement, the auditor of the report Messrs Ernst & Young warned…
2020-07-08
AirAsia posts a US$187 million loss for the Q1 2020
Malaysia’s budget carrier AirAsia Group Bhd on June 6 reported a first-quarter loss amounting to 803.3 ringgit (US$187…
2020-07-07
AirAsia reweights its Airbus order, has 480 planes left unfilled
AirAsia intends to take no new aircraft deliveries in 2020 and is relooking Airbus order, the carrier revealed…
2020-04-29
AirAsia shows new take on cabin crew uniform amid pandemic
AirAsia shows a sneak peek of its brand new flight attendant uniform that comes hand in hand with…
2020-04-28
AirAsia to resume domestic ops, Airbus sells its six aircraft
With international and domestic travel put on hold as the COVID-19 pandemic spread around the world, some airlines…
2020-04-21
FAA downgrades Malaysia to Category 2 safety rating
Federal Aviation Administration (FAA) has downgraded Malaysia’s air safety rating to Category 2, the agency announced on November…
2019-11-11
AirAsia X remains loyal to A320neo Family, cuts A330neo options
AirAsia X, the long-haul unit of the AirAsia Group, sings a firm order for 12 A330-900 and 30…
2019-09-02