AirAsia does not need bailout, CEO Tony Fernandes says amid liquidity concerns
Fernandes said AirAsia was adept at managing cash and expected to raise more than USD 1 billion, mostly to refinance existing debt, by January 2027...
Tag : AirAsia
Malaysia engages rival airlines as rising jet fuel prices hammer AirAsia
AirAsia has been hit by soaring jet fuel costs, with the latter surging 66% in the Q2 from the prior quarter to an average of USD 183 a barrel...
Capital A names Effendy Shahul Hamid as its Deputy CEO
Capital A is aiming to list its branding unit, AirAsia Next, in the United States by the end of 2026, reviving a plan that was called off two years ago...
Thai AirAsia X is looking for investors for major restructuring
The carrier is looking to complete the restructuring and relaunch in 2022...
Malaysia’s iSend Logistics expands last-mile delivery services across country
The planned expansion will be carried out in partnership with Ikobana...
Around 50% of AirAsia’s revenue to come from non-aviation sources: CEO
The carrier wants to transform into a lifestyle brand and also diverse in other dimensions...
AirAsia’s stake in Indian subsidiary to reduce to 13%
Tata Sons will increase its stake from 75% to 87%...
AirAsia X proposes debt restructuring to survive Covid-19 crisis
The carrier proposed restructuring $15.3 bn of debt...
AirAsia working on new super app to rival Grab, Gojek
AirAsia’s founder Tony Fernandes said the carrier is looking for new ways to generate income...
AirAsia posts Q12020 net losses of RM803.85 mn due to Covid-19
Revenue fell to RM2.31 billion from RM2.73 billion previously...