KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has received a signed term sheet for US$1 billion (US$1=RM4.10) in financing from the Middle East but is holding off on accepting it as the group seeks the best deal, said co-founder and adviser Tan Sri Tony Fernandes.
KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd currently anticipates jet-fuel prices of between US$160 and US$190 per barrel and may reprice airfares again should prices rise to US$250 per barrel, said co-founder and adviser Tan Sri Tony Fernandes.
KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has not had any discussions with the government over a bailout and remains confident in its liquidity and business sustainability, said co-founder and adviser Tan Sri Tony Fernandes.
KUALA LUMPUR, Sept 17 (Bernama) -- Capital A Bhd and AirAsia Group Bhd emerged among the top three active counters, following reports of potential government intervention in AirAsia’s domestic operations amid concerns over its financial health.
KUALA LUMPUR, Sept 14 (Bernama) -- All active AirAsia Malaysia and AirAsia X Malaysia operating crew have tested negative for drugs following a screening exercise conducted as part of the airlines’ fit-to-fly and safety protocols.
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia has launched its first codeshare partnership with Turkiye’s low-cost carrier (LCC), Pegasus Airlines, connecting Southeast Asia and Europe via Istanbul.
KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.
KUALA LUMPUR, Aug 14 (Bernama) -- AirAsia Group Bhd’s share price rose two per cent in early trade on Friday, despite reporting a net loss for the second quarter of 2026 (2Q 2026) yesterday.
KUALA LUMPUR, Aug 13 (Bernama) -- AirAsia Group Bhd, formerly known as AirAsia X Bhd, posted a net loss of RM527.16 million for the second quarter ended June 30, 2026 (2Q FY2026), mainly due to higher fuel expenses and foreign exchange losses.
KUALA LUMPUR, Aug 4 (Bernama) -- Investment holding company Capital A Bhd recorded growth across several key business segments in the second quarter (2Q) of 2026, driven by stronger performance in its engineering, logistics and travel-platform businesses.
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Thursday, taking cues from dampened sentiment on US Wall Street after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.
