AirAsia X intends to raise RM 50 million ($11 million) of new capital with the placement of shares with two institutional investors. Proceeds will be used for the reactivation and maintenance of some six Airbus A330s that are currently in storage. AirAsia X to raise...
Malaysian long-haul low-cost AirAsia X is on the way back to recovery, reporting improvements in revenues, profits, and costs after some very difficult years during the Covid crisis. The carrier expects to benefit this year from the relaunch of its most profitable...
Malaysian low-cost airline AirAsia X expects to return its network to pre-pandemic levels in early 2023. The carrier will announce a number of new routes soon and plans to grow its active fleet from six Airbus A330s now to thirteen in the first half of next year, it...
AirAsia X Malaysia ended the June quarter with an RM-652.5 million net loss. As the low-cost long-haul carrier resumed passenger operations in the quarter after two years of grounding due to the Covid crisis, the result can’t be compared to last year’s. AirAsia X...
Here is our rolling report with short aviation news for the month of April 2022: 19 – The easing of travel restrictions and higher quota on Singapore’s Vaccinated Travel Lanes have boosted March traffic for Singapore Airlines and its subsidiary Scoot....
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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