Malaysian low-cost airline company AirAsia Group Bhd announced on Wednesday the upcoming listing of its brand management unit, Capital A Berhad, on the Nasdaq Stock Exchange as the result of a merger with Aetherium Acquisition Corp, a special purpose acquisition company (SPAC).
The new...
AirAsia Berhad will take over the Thailand branch of digital payment tech company Gojek, the Malaysian airline announced on Wednesday.
Gojek and AirAsia confirmed that the companies reached a share swap deal, with the Malaysian tech firm gaining a stake in AirAsia's branched dubbed...
Malaysian low-cost airline company AirAsia Group Bhd announced on Monday it entered into a Profit Sharing Agreement with AirAsia X Berhad regarding the transfer of two of its existing daily slots of its Kuala Lumpur - Singapore route.
The two daily return flights will have AirAsia X station its...
Airbus SE said on Friday that it received an order from Malaysia's AirAsia X, AirAsia's long haul unit, for 42 planes. Under the contract, AirAsia X will pay $5 billion for 12 A330-900 and 30 A321XLR aircraft.
"AirAsia X has been the pioneer of the long haul low-cost model in the Asia-Pacific region. This...
AirAsia Berhad has finalized a $23.1 billion purchase order with CFM International, the joint venture between General Electric Aviation and Safran Aircraft Engines, the companies announced on Tuesday.
AirAsia said it will buy 200 LEAP-1A engines to power its 100 Airbus A321neo, while also...
AirAsia will sell Merah Aviation Asset Holding Limited, a leasing unit which consists of 25 airplanes due to be leased to AirAsia, to AS Air Lease Holdings 5T DAC, a subsidiary of US investment fund Castlelake LP, in a deal worth $768 million, AirAsia announced in a press release on Monday.
Under the...
AirAsia Group Chief Executive Officer Tony Fernandes stated on Friday that there will an "inevitable slowdown" in the aviation business due to the increasing restrictive trade policies, volatile currencies, and growing prices of fuel, CNBC reported on Friday. Fernandes added that although AirAsia...
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