AirAsia

Malaysia unveils measures to help airlines hit by Iran war

The government has also allocated RM5 million for flight ticket rebates

The long-haul, low-cost carrier posted an attributable net loss of RM154.9 million (S$50.16 million) for the quarter ended March 31, compared with a profit attributable at RM78.6 million reported in the previous quarter.

AirAsia X posts quarterly loss as fuel costs bite, withholds 2026 targets

The results mark the first reporting period following the completion of its acquisition of AirAsia Aviation Group and AirAsia in January

The new airline will be announced in the next month or two, Fernandes said in a video interview from Montreal late Wednesday.

AirAsia to start new airline, stays defiant on fuel hedging

To help fund expansion, AirAsia is preparing to sell as much as US$600 million in bonds

AirAsia recently cut the number of flights due to the spike in fuel prices since the US-Israeli war on Iran disrupted global oil markets.

AirAsia ready to buy 150 larger versions of Airbus A220 jet it ordered

The airline is the “launch customer” of the A220’s new 160-seat cabin configuration

AirAsia was decimated by the pandemic and was just getting back on its feet following a restructuring when the Iran war began.

Asian budget carriers need help to avoid Spirit’s fate

Policymakers must consider targeted measures in the form of loans, grants or fuel price relief

AirAsia operates an Airbus fleet with about 250 mostly single-aisle aircraft.

AirAsia close to ordering about 150 Airbus short-haul planes

The clinching of such an order would represent a victory for Airbus’ smallest commercial jet

AirAsia’s near-term outlook remains supported by sustained travel demand and a slew of cost-cutting measures.

AirAsia tests market with Deutsche-led US$230 million private debt

The 18-month transaction takes the form of a revenue bond backed by ticket sales of several carrier routes

AirAsia X faces the threat of jet fuel supply shortages across the region, from Vietnam to the Philippines.

AirAsia X fares jump 40% due to Iran war; CEO calls it ‘the most critical challenge’

This comes as jet fuel costs doubles, from US$90 a barrel to about US$200

Tony Fernandes says that the airline will need to raise fares and trim capacity in places where it can no longer cover fuel costs.

AirAsia X committed to opening Bahrain hub despite Middle East conflict

The airline has been hit hard by the conflict, which saw jet fuel prices soaring

Capital A CEO Tony Fernandes said the company has seen a limited impact from the Middle East conflict on its businesses, which include aircraft maintenance, freight and logistics, food catering and branding services.

Malaysia’s Capital A names new deputy CEO, explores dual listing in Hong Kong

Company plans to list branding unit in US by year-end, CEO Tony Fernandes says