Tag: AirAsia X

AirAsia X announces strategic acquisition of Capital A’s aviation business

AirAsia X (AAX) announced today that it has entered into a non-binding letter of acceptance with Capital A for the proposed acquisitions of its aviation businesses, namely AirAsia Berhad and AirAsia Aviation Group Limited. The strategic move positions AAX to become the overarching regional aviati...

AirAsia X Offer $118 For Unlimited Airline Flights In Asia For A Year

AirAsia guests can now take unlimited flights for a year with the AirAsia Unlimited Pass at only RM499 nett ($118), available for purchase on airasia.com/deals or AirAsia mobile app for seven days only starting today. AirAsia X Malaysia CEO Benyamin Ismail said, “this is unprecedented. However...

Airbus Orders & Deliveries – October 2019

Airbus Orders & Deliveries – October 2019

October was a landmark month for Airbus in terms of new business, with orders logged for 415 new commercial jetliners. This includes one of the company’s largest-ever transactions with a single airline operator, and overall bookings that significantly strengthened the extra-long-range A321XLR’s...

AirAsia X records operating loss in 2018

AirAsia X records operating loss in 2018

AirAsia X has reported a full-year operating loss of MYR218.8 million ($50 million) in 2018 - compared to an operating profit of MYR84.6 million in 2017 - it put down mainly down to significantly higher fuel prices and provision for impairment on amount due from joint venture. Revenue for 2018 fe...

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