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February 18, 2022 2:31 pm ET -
Cargo Belly Space Aboard AirAsia X is for Sale
Over the next year, AirAsia X will dedicate a third of the cargo capacity in its Airbus A330 cargo holds to transport freight on behalf of Teleport. AirAsia X has reached an agreement with another Capital A (previously the AirAsia…
October 18, 2021 12:16 pm ET -
Malaysia’s Aviation Industry is Seeing The Light At The End…
Malaysia’s aviation industry is seeing the light at the end of the tunnel. In response to the Langkawi Travel Bubble, the domestic passenger movements in September in Malaysia have skyrocketed by 74 percent, compared to the previous month. Earlier, the…
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…
June 3, 2021 6:00 am ET -
Malaysia’s AirAsia X Approved for Restructuring Process
Malaysian low-cost carrier AirAsia X has been earned shareholder approval to go ahead with the debt restructuring process, which will allow the airline to pursue a plan that is viewed as essential for survival through the ongoing pandemic crisis. This…
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…