Philippines AirAsia to revive Clark hub in 4Q21
Philippines AirAsia (Z2, Manila Ninoy Aquino Int’l) plans to strategically restore its hub at Clark International Airport, northwest of the… Read More »
AirAsia to raise up to $244mn in rights issue
AirAsia Group has revealed plans to raise up to MYR1.024 billion ringgit (USD244 million) through a renounceable rights issue, with… Read More »
AirAsia mulls US IPO, inflates digital business
AirAsia Group is considering raising at least USD300 million by listing its digital business wing via a special-purpose acquisition company… Read More »
Indonesia AirAsia suspends scheduled flights as Covid spikes
Indonesia AirAsia (QZ, Jakarta Soekarno-Hatta) has said it would suspend its scheduled flight services starting this week to help the… Read More »
AirAsia X obtains extension of creditor restraining order
Malaysia’s High Court has granted AirAsia X (D7, Kuala Lumpur Int’l) a nine-month extension of the restraining order it previously… Read More »
AirAsia to add first dedicated freighter in 3Q21
AirAsia Group has announced it would significantly expand its presence on the cargo market with the planned addition of its… Read More »
AirAsia X shareholders greenlight restructuring plan
AirAsia X (D7, Kuala Lumpur Int’l) has received approval from its shareholders for its radical debt restructuring following an extraordinary general meeting… Read More »
AirAsia Group targets fundraising of up to $606mn in 2021
AirAsia Group plans to raise between MYR2 billion and MYR2.5 billion ringgit (USD485-606 million) in 2021 through a combination of… Read More »