AviationFeaturedThai AirAsia X is looking for investors for major restructuringIFM CorrespondentDecember 6, 2021 by IFM CorrespondentDecember 6, 2021 The carrier is looking to complete the restructuring and relaunch in 2022... Read more
FeaturedLogisticsMalaysia’s iSend Logistics expands last-mile delivery services across countryWebAdminSeptember 1, 2021 by WebAdminSeptember 1, 2021 The planned expansion will be carried out in partnership with Ikobana... Read more
AviationFeaturedAround 50% of AirAsia’s revenue to come from non-aviation sources: CEOPritam BordoloiJanuary 14, 2021 by Pritam BordoloiJanuary 14, 2021 The carrier wants to transform into a lifestyle brand and also diverse in other dimensions... Read more
AviationFeaturedAirAsia’s stake in Indian subsidiary to reduce to 13%Pritam BordoloiDecember 22, 2020 by Pritam BordoloiDecember 22, 2020 Tata Sons will increase its stake from 75% to 87%... Read more
AviationFeaturedAirAsia X proposes debt restructuring to survive Covid-19 crisisPritam BordoloiOctober 8, 2020 by Pritam BordoloiOctober 8, 2020 The carrier proposed restructuring $15.3 bn of debt... Read more
TechnologyAirAsia working on new super app to rival Grab, GojekPritam BordoloiSeptember 1, 2020September 1, 2020 by Pritam BordoloiSeptember 1, 2020September 1, 2020 AirAsia’s founder Tony Fernandes said the carrier is looking for new ways to generate income... Read more
AviationFeaturedAirAsia posts Q12020 net losses of RM803.85 mn due to Covid-19Pritam BordoloiJuly 8, 2020 by Pritam BordoloiJuly 8, 2020 Revenue fell to RM2.31 billion from RM2.73 billion previously... Read more
AviationFeaturedInvestors reportedly show interest to buy beleaguered Malaysia AirlinesInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities... Read more
AviationAirAsia expands market share despite lossPritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 AirAsia’s market share in Malaysia increased by 3% y-o-y to 60%... Read more
AviationMalaysia Airlines merger could hit Malaysia AirAsia XPritam BordoloiSeptember 27, 2019November 1, 2019 by Pritam BordoloiSeptember 27, 2019November 1, 2019 The newly merged entity will see less competition, particularly from the mid-haul segment... Read more