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Fernandes clarifies AirAsia X plans

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There will be no merger of AirAsia's aviation arm businesses into one new entity, according to Capital A CEO Tony Fernandes, who told Malaysian...

Fernandes steps down as acting CEO at AirAsia X

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AirAsia X (AAX) announced key changes in the senior management team as it prepares for the next phase of growth as a mid-range airline....

Malaysia’s Capital A ponders US listing

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Malaysian aviation group Capital A, formerly known as AirAsia said 16 June it was evaluating fundraising options for a planned US listing, as it...

AirAsia Group plans to raise US$113 million in private share sale

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AirAsia Group announced it plans to raise $113 million in a private share sale to improve its financial performance and to address its cash...

AirAsia Group creates MRO for owned planes and other airlines in...

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AirAsia Group announced Wednesday (9 September) that it had created a new MRO company called Asia Digital Engineering, a wholly-owned subsidiary that will provide...

AirAsia Group posts net loss for Q2

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Malaysian airline AirAsia reported Tuesday (25 August) that it posted a net loss of RM1.2 billion (US$287.76 million) , compared to RM47 million in...

AirAsia says board ‘confident’ LCC will survive

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Malaysia’s AirAsia Group, headed by flamboyant founder and CEO Tony Fernandes, said Thursday (9 July) that despite the company’s auditors warning the low-cost carrier...

AirAsia’s auditors express ‘significant doubt’ airline can continue as ‘going concern’

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Malaysia’s storied AirAsia, founded by Tony Fernandes, appears to be in deep trouble after the company’s auditors filed a report with the stock exchange...

AirAsia warns over scam using founder’s name

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AirAsia said Monday (13 April) that fraudsters were trying to scam the public with fake links to a non-existent foundation said to be linked...