Creditors can't sue AirAsia X for another 9 months, says Malaysia court
The budget airline is undergoing a restructuring of its RM64.15 billion debt.
Fri Jun 18 2021
Malaysia's AirAsia X gets shareholder go-ahead for restructuring plan
AirAsia X Bhd shareholders have approved the Malaysian budget airline's debt restructuring.
Wed Jun 02 2021
Exclusive: AirAsia X shows court creditors' support for restructuring plan
Supportive lessors said they wanted to continue discussions with the budget airline and potential new investors.
Thu Jan 14 2021
Budget airline AirAsia X out of money, needs $120 mln for restart - Report
Lim said AirAsia X also needed to convince its lessors of its business plan, adding an unnamed lessor recently took back one of the airline's planes to convert it to a freighter.
Sat Oct 17 2020
Southeast Asia budget airline boom turns sour for planemakers, lessors
Auditors for Malaysia's AirAsia Group and Vietnam's VietJet Aviation are concerned about cashflows and funding.
Tue Jul 21 2020
AirAsia bags ASEAN Business Award 2017
Budget airline AirAsia Bhd has bagged this year's ASEAN Business Award (for Priority Integration Sector - Tourism, for its outstanding performance in the region's priority for tourism.
Thu Sep 07 2017
AirAsia X second-quarter profits soar on forex gains
AirAsia X Bhd, Malaysia's long-haul budget airline, posted a sharp surge in quarterly profit, driven by foreign exchange gains and realisation of deferred taxes.
Thu Aug 24 2017
Malaysia's AirAsia X posts 80 pct plunge in Q4 profit
Malaysian long-haul budget airline AirAsia X Bhd on Wednesday said its fourth-quarter profit plunged 80 percent from a year ago, hit by foreign exchange volatility over the period.
Wed Feb 22 2017
Asia targets tourism, education boost from Trump travel ban
In Muslim-majority Malaysia, the group CEO of Asia's largest budget airline, AirAsia, suggested countries in the 10-member Association of Southeast Asian Nations (ASEAN) could cash in.
Tue Jan 31 2017
Indonesian pilot fired after slurred cockpit announcement
The CEO of budget airline Citilink, a subsidiary of national flag carrier Garuda Indonesia, had also offered his resignation to take responsibility for the incident.
Sat Dec 31 2016
Indian flight diverted after passenger sits on food cart
The morning flight from Dubai to Calicut, in the southern Indian state of Kerala, was diverted to Mumbai where the passenger was offloaded and handed over to police, IndiGo said in a statement.
Thu Jul 28 2016
World's 'biggest' budget airline alliance takes off in Asia-Pacific
The alliance is made up of eight budget airlines from Southeast Asia, Japan and Australia.
Tue May 17 2016
'I have people's blood on my feet': Severe turbulence lands passengers in hospital
This isn't the first incident involving Allegiant Air, a Las Vegas-based budget airline.
Fri May 06 2016
Budget airline crew members detained during drug party
The National Narcotics Agency Tuesday confirmed three crew of an Indonesian budget airline were among four people detained in a drug-linked raid.
Wed Dec 23 2015
Indonesia suspends dozens of flights for no permits
Indonesia's transport ministry said Friday it had suspended 61 domestic flight routes because they did not have permits.
Fri Jan 09 2015