AirAsia X to raise $40 million in a rights issue
Low-cost long-haul carrier AirAsia X (AAX) is planning to raise less money in a rights issue than it…
AirAsia X
33 articles
Discover AirAsia X, a long-haul budget airline based in Malaysia, and a sister company of AirAsia.
AirAsia X signs cargo deal with Teleport in bid to boost freight
AirAsia X, the long-haul division of AirAsia, has signed a deal with Teleport, the logistics venture of Capital…
AirAsia X to restart passenger operations in February 2022
Low-cost long-haul carrier AirAsia X (AAX) will restart scheduled passenger operations on February 14, 2022, almost two years after…
AirAsia X and GEODIS sign deal to boost cargo capacity in Asia-Pacific
Low-cost long-haul carrier AirAsia X (AAX) has partnered with GEODIS to increase cargo capacity in Asia-Pacific, a move that is seen as…
Creditors approve AirAsia X restructuring plan
Malaysia’s AirAsia X (AAX) creditors voted to approve the carrier’s restructuring plan on November 12, 2021. 99% of AAX…
AirAsia X to repay 0.5% of $8.1 billion debt
AirAsia Group’s low-cost long-haul subsidiary, AirAsia X (AAX), is reportedly proposing to repay 0.5% of its 33.65 billion…
AirAsia X eyes creditors vote on restructuring in October 2021
AirAsia X, the long-haul subsidiary of AirAsia Group, is reportedly aiming to convene creditor meetings by the end…
Court extends AirAsia X deadline to hold creditor meetings
The Malaysian High Court gave additional time for AirAsia X to convene its creditor meetings, the airline told…
AirAsia to raise RM1 billion ahead of Q3 flight resumption
The AirAsia Group announced a proposed renounceable rights issue to its existing shareholders, that is set to raise…
AirAsia X gets approval from shareholders for restructuring
On June 1, 2021, Malaysia’s AirAsia X, a long-haul subsidiary of AirAsia Group, announced that its shareholders had…
AirAsia X to convene creditor meetings, propose new plan
On February 22, 2021, the Malaysian High Court ordered AirAsia X, a long-haul subsidiary of AirAsia Group, to…
AirAsia X restructuring supported by lessors and investors
The majority of AirAsia X (AAX) lessors have expressed support for the airline’s restructuring plan. In addition, a…
With AirAsia X spiraling downwards, is Airbus A330neo in trouble?
With almost 1,500 deliveries of the A330ceo, there is little doubt that the aircraft program was a success…
BOC Aviation continues to fight AirAsia X over $23M leasing debts
Airline leasing company BOC Aviation filed the request in the High Court of Malaya at Kuala Lumpur to…
AirAsia X to escape liquidation by restructuring $15.3B debt
AirAsia X, a long-haul subsidiary of AirAsia Group, announced its $15.3 billion debt restructuring scheme as a measure…