Shareholders have approved the proposed acquisition of Malaysian investment firm Capital A's equity interest in AirAsia by AirAsia X for RM6.8 billion ($1.58 billion). The acquisition was approved at...
Kuala Lumpur International Airport (KILA) has been ranked by OAG’s “2024 Megahubs Index” as the most connected airport in the Asia-pacific region and the top global low-cost carrier (LCC) megahub. The...
Capital A has signed a $443 million revenue bond for AirAsia. The company describes this as a “critical step in the ongoing commitment to strengthening its financial position and accelerating growth f...
Dublin-based lessor AerCap has yet again posted strong results in its second quarter 2024 earnings report. Its total revenues were approximately $2bn, up from $1.9bn last year in the quarter and meeti...
The IT outage on July 19, 2024, caused unprecedented technological chaos globally after a third party software outage hit various computer systems. The issue was a result of a faulty update for hosts ...
AirAsia (AXM) has signed an new agreement for three state-of-the-art NAVBLUE solutions which will “help the airline digitalise and enhance flight operations”. Based in Kuala Lumpur, Malaysia, AirAs...
Capital A and the AirAsia Group, a newly incorporated entity, has signed an agreement for ‘Capital A’s strategic divestment and AirAsia Group’s strategic acquisition of its aviation businesses’. This ...
Investment holding company Capital A Berhad (which owns AirAsia as part of its portfolio) has extended CEO Tony Fernandes’ service contract for the next five years, ‘enabling him to continue his pivot...
The recent volcanic eruption at Mount Ruang, Indonesia, has caused Malaysia Airlines and AirAsia to suspend flights in the region; with delays ongoing despite the latter having reinstated some service...
Asia Digital Engineering (ADE) has completed its recent AJY Empennage Project in which its team removed and replaced the tailcone of an A320, something the company describes as a ‘significant mileston...
AirAsia has added three new routes as it continues to expand into the northeast Asian market. The Taipei to Tokyo route will commence from May 31, Tapei to Okinawa will commence from June 15, and K...
AirAsia subsidiary AirAsia Cambodia is to launch operations on May 2 2024, commencing with three domestic destinations. “This is an exciting moment in our journey, and we are thrilled to start pain...
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