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By Kisho Kumari Sucedaram
KUALA LUMPUR, Sept 24 (Bernama) -- Capital A Bhd is optimistic of completing the disposal of its airline business to AirAsia X Bhd (AAX) by October, paving the way for the group to seek removal of its Practice Note 17 (PN17) status by year-end.
KUALA LUMPUR, Aug 26 (Bernama) -- AirAsia X Bhd’s (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago.
KUALA LUMPUR, July 31 (Bernama) -- Capital A Bhd and AirAsia X Bhd (AAX) have mutually agreed to further extend the AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd’s (AAB) cut-off date under both companies’ share sale and purchase agreements (SSPAs), respectively, from July 31, 2025 until Aug 31, 2025 or such other date as mutually agreed.
KUALA LUMPUR, May 28 (Bernama) -- AirAsia X Bhd (AAX) reported a lower net profit of RM50.20 million in the first quarter ended March 31, 2025 (1Q 2025) from RM80.11 million in the previous corresponding period.
KUALA LUMPUR, May 3 (Bernama) -- AirAsia X Bhd (AAX) will suspend its flight from Kuala Lumpur to Nairobi, Kenya, starting Sept 1, 2025, as part of its network optimisation initiative due to lower-than-expected travel demand.
KUALA LUMPUR, Feb 13 (Bernama) -- Capital A Bhd and AirAsia X Bhd’s (AAX) shares rose after the release of their positive fourth-quarter financial year 2024 (4QFY24) operating statistics.
KUALA LUMPUR, Feb 13 (Bernama) -- AirAsia X Bhd's passengers rose by 41 per cent to over four million in 2024, with passenger load factor rising by three percentage points to 83 per cent versus a year ago.
KUALA LUMPUR, Nov 29 (Bernama) -- AirAsia X (AAX) Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) surged to RM121.63 million, up from RM5.56 million in the same quarter last year.
KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian businesses are encouraged to explore investment opportunities in Kenya, especially in the agriculture sector, which requires smart farming techniques and industrialised know-how, as well as in the halal industry.
NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.
KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).
KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points.
