October 15, 2022 1:49 am ET
November 14, 2021 6:30 am ET -
Cash-Strapped AirAsia Still Needs to Support Affiliates
AirAsia Group has announced a planned financial restructuring of its Thai businesses, which would include a capital infusion and a reorganization of its 45%-owned Thai AirAsia Co Ltd's holdings (TAA). The move is hardly surprising, given AirAsia had previously said…
November 12, 2021 3:11 pm ET -
Scoot Expands Europe Network to London, Singapore Airlines Group on…
Just over a month ago when the news of the Vaccinated Travel Lanes was announced, the low-cost subsidiary of Singapore Airlines, Scoot, had increased and resumed quite a fair bit of flight services, with news of its approval to operate…
October 26, 2021 5:00 am ET -
Malaysia Considering Building International Airport on East Coast
According to local media, the Malaysian government is considering building a new international airport in Gebeng, Pahang, on the east coast of the Malay Peninsula. The state government will conduct an in-depth study on the new airport after the airport…
June 10, 2021 6:00 am ET -
AirAsia Group Announces Major Fleet Groundings, Looks Towards Freight Operations
Malaysia's AirAsia Group Berhad announced on Wednesday its decision to ground approximately 90% of its fleet, which currently consists of more than 200 aircraft across Asia, including slightly over 100 aircraft in Malaysia. This decision had to be made due…
May 28, 2021 3:43 am ET -
Malaysia’s AirAsia Group Records Narrower First Quarter Loss
Malaysia's flagship low-cost carrier AirAsia Group filed a stock exchange on Thursday (May 27) showing a smaller first-quarter net loss - which marks its seventh consecutive quarter losses - having narrowed by 4.5 percent. This loss was narrower as the…