AirAsia changes name to Capital A as it grows beyond an airlineCapital A has been investing heavily in payments business BigPay, logistics arm Teleport and its mobile Super App to gain other sources of ...
28 Jan, 2022, 02.24 PM IST
Creditors can't sue AirAsia X for another 9 months, says Malaysia courtThe court had granted a restraining order in March for three months, as the budget airline undergoes a restructuring of its 64.15 billion r...
18 Jun, 2021, 11.42 AM IST
AirAsia X shows court creditors' support for restructuring planIn emails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential ...
14 Jan, 2021, 03.56 PM IST
Budget airline AirAsia X out of money, needs $120 mln for restart, shows reportThe Malaysian airline, the long-haul arm of AirAsia Group Bhd, said this month it wanted to restructure 63.5 billion ringgit ($15.32 billio...
17 Oct, 2020, 11.59 AM IST
Malaysia's flagship budget airline AirAsia shuts Japan operationsThe airline said it has been notified that the AirAsia Japan (AAJ) board of directors have taken a decision to cease operations with immedi...
05 Oct, 2020, 04.56 PM IST
Malaysia Airlines reaching out lessors, creditors as it plans urgent restructuringThe airline said it intended for the restructuring exercise to be completed over the next few months, but if that is not possible, the grou...
02 Oct, 2020, 02.06 PM IST
Malaysia Airlines parent company says group is running out of cashMalaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to mak...
02 Oct, 2020, 01.19 PM IST
Tata Sons wants to fly out of joint venture with AirAsiaTata is set to exit AirAsia India and run the only full-service private airline, which is Vistara-plus-Jet.
16 Nov, 2018, 07.57 AM IST
AirAsia X won't buy "too expensive" Airbus A350: Tony FernandesA final decision on AirAsia X's future fleet is expected later this year, the source said on condition of anonymity. The 787-10 has a list ...
16 Apr, 2018, 03.35 PM IST
Investigating fraudulent transactions of Rs 22 crore: AirAsiaA forensic investigation had revealed fraudulent transactions of Rs 22 crore related to AirAsia and involving non-existent entities in Indi...
01 Nov, 2016, 12.40 AM IST
AirAsia rues hurdles being put up by vested interests; prays govt will put its customers firstAirAsia today asserted that effective control of its joint venture AirAsia India is with Indian parties and said "vested interests" were tr...
15 Apr, 2016, 05.48 PM IST
Families of 12 passengers on flight MH370 file lawsuitsFamilies of 12 passengers onboard the ill-fated Flight MH370 have initiated legal proceedings against the carrier.
05 Mar, 2016, 12.34 PM IST
- Malaysia launches new airline flymojo to provide value flights
Malaysian private company Fly Mojo Sdn Bhd will operate the airline which will provide value flights in south-east Asia.
17 Mar, 2015, 04.34 PM IST
GMR buys 44.61% stake in JV with Malaysian firmGMR Infrastructure today said its subsidiary operating the city airport has acquired 44.61 per cent stake in joint venture firm MAS GMR Aer...
12 Dec, 2014, 08.41 PM IST
Struggling Malaysian Airline taps banks for restructuring-sources"They are sending all these feelers to banks to try and test the waters," said a banking source familiar with the situation.
12 May, 2014, 05.04 PM IST
AirAsia to cut costs by 7 per cent: Tony Fernandes, CEOMalaysia-based low cost air carrier AirAsia today indicated cutting costs in 2014 up to seven per cent, a top official said today.
08 Jan, 2014, 08.05 PM IST
- Richard Branson in talks to buy stake in AirAsia X
The company operating AirAsia X, Malaysia's first long-haul budget airline, could sign a deal as early as next month to sell a 20 percent s...
25 Jun, 2007, 02.00 PM IST