Malaysia’s AirAsia X proposes life-saving debt restructuring
AirAsia X (D7, Kuala Lumpur Int’l) announced in a stock market filing on October 6 that it plans to restructure… Read More »
Tata Sons in talks to own entirety of AirAsia India – report
Tata Sons, which already has a 51% stake in AirAsia India (I5, Chennai), may buy the remaining 49% of the… Read More »
Airasia, Airasia X settle fines of $480,000 each – report
AirAsia (AK, Kuala Lumpur Int’l) and AirAsia X (D7, Kuala Lumpur Int’l) have settled financial penalties that the Malaysian Aviation… Read More »
AirAsia Japan confirms shutdown
AirAsia Japan (DJ, Nagoya Chubu) will terminate all operations effective October 5, 2020, confirming earlier media reports. The Japanese subsidiary… Read More »
AirAsia Japan due to be shut down?
AirAsia Japan, one of many subsidiaries of AirAsia, an Asia-Pacific-based LCC is on the brink of being shut down as… Read More »
AirAsia Japan’s future hangs in the balance
AirAsia Group has tentatively approved the closure of its AirAsia Japan (DJ, Nagoya Chubu) unit, with a formal announcement expected… Read More »
AirAsia Japan suspends service for most of October
The LCC is halting flights on all routes due to lower-than-expected demand. AirAsia Japan plans to suspend all flights from… Read More »
New AirAsia Group MRO unit may save $240mn a year in costs
AirAsia Group has created a new MRO company, Asia Digital Engineering, a wholly-owned subsidiary that will provide engineering services for… Read More »