After AirAsia Japan bankruptcy, group reviews India’s unit
Malaysian low-cost airline AirAsia Group is revising investments in its financially burdened Indian subsidiary, after its Japan affiliate…
AirAsia
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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…
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…
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…
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…
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…
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…
AirAsia seeks $602 million cash injection
AirAsia Group announced that it was seeking to raise $602 million by the end of 2020, after suffering…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…