AirAsia X plans rights issue, overhauls management
Add BT as a preferred source
Nisha Ramchandani
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
LONG-HAUL budget carrier AirAsia X - which is planning to raise some RM395 million (S$146.97 million) via a rights issue - has appointed new senior management, confirming reports earlier this week that chief executive Azran Osman-Rani was on his way out.
AirAsia X announced that AirAsia director Kamarudin Meranun has been made AirAsia X's group chief executive; and named AirAsia's former head of corporate development and investor relations, Benyamin Ismail, as AirAsia X's acting chief executive.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
