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AirAsia X was listed on the Bursa Malaysia (the Kuala Lumpur Stock Exchange) on 10 July 2013, with the shares offered to individual and institutional investors at MYR1.25 (approx. US$0.39) per share. The float raised MYR988 million (US$310 million, as of 2013 exchange rates) and valued the company at MYR3 billion (US$940 million).
Thai AirAsia X is the medium and long-haul operation of the brand Thai AirAsia. The franchise can keep costs down by using a common ticketing system, aircraft livery, employee uniforms, and management style. On 3 February 2014 Thai AirAsia X received an Air Operators Certificate from the Department of Civil Aviation of Thailand which allowed ...
AirAsia was established as a full-service airline in 1993 and began operations on 18 November 1996. It was founded by a government-owned conglomerate, DRB-HICOM.On 5 September 2001, the heavily indebted airline was bought by former Time Warner (now known as Warner Bros. Discovery) executive Tony Fernandes and Kamarudin Meranun's [5] company Tune Air Sdn Bhd for the token sum of one ringgit ...
AirAsia X last October proposed restructuring its 64.15 billion ringgit ($15.6 billion) debt into a principal amount of 200 million ringgit and having the rest waived. Malaysia's AirAsia X gets ...
Malaysia's AirAsia X Bhd <AIRX.KL>, the long-haul arm of AirAsia Group Bhd <AIRA.KL>, said it wants to restructure $15.3 billion of debt and slash its share capital by 90% to continue as a going ...
Most of AirAsia X Bhd's (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents ...
This is a list of current and confirmed prospective destinations that AirAsia and its subsidiaries Indonesia AirAsia, Thai AirAsia, Philippines AirAsia, AirAsia Cambodia, AirAsia X and Thai AirAsia X are flying to, as of September 2024. Due to the coronavirus pandemic, the route list (especially for international destinations) may not be up to ...
KUALA LUMPUR (Reuters) -AirAsia X Bhd (AAX) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate all existing contracts so that it can restructure 33.65 billion ...