AirAsia

AirAsia nears deal for 100 Airbus A220 jets in expansion push

The airline is set to start its Middle East hub in Bahrain as early as this year

Founded in 2018, Teleport is South-east Asia’s largest logistics firm by volume, ranking it among Capital A’s most valuable assets.

BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut

The deal values the company – a unit of Capital A Bhd – at US$500 million

The AirAsia group has become one of Asia’s largest budget airline operators since its 2001 founding.

AirAsia X targets up to US$600 million debt restructuring after combining airlines

[KUALA LUMPUR] Malaysia’s AirAsia X targets US$500 million to US$600 million in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A, deputy group...

“We will increase connectivity to the West,” said Farouk Kamal, deputy group CEO of AirAsia X Bhd.

AirAsia seeks to start Bahrain hub this year, deputy CEO says

The low-cost carrier has raises RM 1 billion in a private placement as part of the restructuring exercise

As part of the transaction, AirAsia X issued 2.3 billion shares to Capital A and its entitled shareholders.

Capital A completes sale of aviation business to AirAsia X

The move will consolidate the group’s aviation businesses under a single entity

“AirAsia will be one airline group and one brand,” says Tony Fernandes in a Linkedin post.

AirAsia X to be renamed AirAsia from Jan 19, founder says

[KUALA LUMPUR] AirAsia X will be renamed AirAsia from Jan 19 as low-cost carrier AirAsia reaches the final stages of its restructuring to consolidate all aviation businesses under a single entity, acc...

Airbus' software incident is a good warning to the industry to get its priorities right amid higher delivery and financial targets, says AirAsia chief Tony Fernandes.

AirAsia founder urges Airbus to re-look software tests

The budget carrier is a major customer of Airbus, which is facing fallout from a weekend software glitch

AirAsia X now operates four flights per week between Istanbul and Kuala Lumpur, offering more than 150,000 seats annually.

AirAsia X plans new long-haul European routes

It aims to ramp up to daily flights between the two cities

AirAsia is taking advantage of the improved travel numbers to get cheaper refinancing.

AirAsia plans up to US$600 million bond to cut borrowing cost: sources

The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note

AirAsia X will start flying to Istanbul’s Sabiha Gokcen airport from Kuala Lumpur four times a week,

AirAsia X set to start Istanbul flights in renewed Europe push

The move comes just over a month after the carrier tentatively agreed to purchase as many as 70 extended-range Airbus jets