AirAsia X Expands Route To Safari Haven, Nairobi

AirAsia X has announced a new route to the African continent, connecting Kuala Lumpur to safari haven Nairobi in Kenya's capital.

Business TodayJul 1 10:24 ET

AirAsia System Upgrade, Advises Self Check-In 14 Days Ahead

AirAsia has announced that it will be conductung an upgrade to its reservation and passenger-processing systems scheduled for 8 hours from 7:00 pm on 10 July 2024 to 3:00 am on 11 July 2024.

Business TodayJun 30 02:27 ET

AAX 1Q Net Profit Down 76% on Higher Operating Expenses but Still Eyes New Destinations

AirAsia X Bhd (KL:AAX), which is in the process of taking over its sister company Capital A Bhd's (KL:CAPITALA) aviation business, has reported a 75.6% decline in first quarter net profit due to elevated operating expenses despite a jump in revenue.

The Edge MarketsMay 27 07:32 ET

Capital A and AAX Active, Advance in Post Merger Trade

Shares in low-cost aviation operators Capital A Bhd (KL:CAPITALA) and AirAsia X Bhd (KL:AAX) rose in early trade on Wednesday, tracking gains at the broader market.

The Edge MarketsMay 8 04:07 ET

More Work Lies Ahead for PN17 Capital A, Say Analysts

AFTER much anticipation, Capital A Bhd has finally revealed its plan to exit its Practice Note 17 (PN17) status for financially distressed companies. The low-cost carrier is proposing to sell its aviation business to sister company, AirAsia X Bhd (AAX), for RM6.8 billion through a share and novat...

The Edge MarketsMay 6 06:02 ET

AAX, Capital A Lift off on Merger Proposal to Extend Rally

Shares of Capital A Bhd and AirAsia X Bhd (AAX) climbed further during Monday's morning trading session, riding on a proposal announced last Thursday to merge the short- and long-haul airline operations of both companies.

The Edge MarketsApr 29 05:48 ET