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February 21, 2018 2:07 PM AirAsia X fourth quarter earnings soar on forex gains

PETALING JAYA: AirAsia X Bhd’s (AAX) net profit for the fourth quarter ended Dec 31, 2017 more than doubled to RM84.41 million from RM39.01 million a year ago, due mainly to foreign exchange gains. The group recorded revenue of RM1.22 billion for the quarter, 4% higher than the RM1.17 billion achieved in the same quarter a year ago. It was supported 25

February 12, 2018 3:07 AM AirAsia X offers two-to-go fares ahead of Valentine’s Day, Chinese New Year

AirAsia handpicked some of their most popular routes for promotion during this Valentine's Day and Chinese New Year peak travel period. — AFP picKUALA LUMPUR, Feb 12 ― AirAsia X is offering two-to-go fares to Bali, Jaipur, Jeju, Taipei, Seoul, Osaka, Hokkaido and Hawaii from RM288 one-way, including taxes, and available for booking from today until February 77

February 9, 2018 7:52 AM Bursa in the red at mid-afternoon

On the broader market, losers led gainers by 936 to 133, while 249 counters were unchanged, 540 untraded and 31 others suspended. — Malay Mail picKUALA LUMPUR, Feb 9 — Bursa Malaysia remained in the red across-the-board at mid-afternoon today as global sell-offs continued after overnight Wall Street fell into a correction mode, dealers said. At 3.02pm, the benchmark 18

February 8, 2018 5:14 AM AirAsia likely to reconfirm order for Airbus A330neo jets, says source

An Airbus A330neo aircraft taking off during its maiden flight event in Colomiers near Toulouse, France, October 19, 2017. — Reuters picSINGAPORE, Feb 8 — AirAsia is expected to reconfirm an order for Airbus A330neo passenger jets, a person familiar with the discussions said today. AirAsia co-founder Tony Fernandes announced last week he was looking 30

February 7, 2018 7:09 AM Air Asia X announces latest KL-Jaipur route with promo price from RM199

PETALING JAYA: Low-cost carrier Air Asia X announced its latest route from Kuala Lumpur to Jaipur with a promotional all-in-fare from RM199 (INR 3,555) one-way. The promotional all-in-fares quoted are for one-way travel only inclusive of taxes, it said in a statement yesterday. Air Asia Berhad Executive Chairman Datuk Kamarudin Meranun described India 14

February 6, 2018 1:56 PM AirAsia bullish on India market

JAIPUR: Low-cost, long-haul carrier AirAsia X Bhd, which has started operating its Kuala Lumpur-Jaipur route, is hoping to increase its services in and out of India, a market in which it sees potential. “We would love to put a lot more flights if regulators allow us to. Right now we are having trouble getting slots into India, with a lot of Malaysian 21

February 6, 2018 1:20 PM AirAsia X launches service to India’s Jaipur

A man rides his elephant carrying tourists to visit the Amber fort in Jaipur, capital of India's desert state of Rajasthan, November 5, 2014. — Reuters picNEW DELHI, Feb 6 — AirAsia X has launched its direct flights from Kuala Lumpur to Jaipur, the capital of India’s Rajasthan state, with the inaugural flight landing at Jaipur International Airport yesterday 85

February 4, 2018 5:50 AM AirAsia X signs 10-year deal with Australia's Avalon airport

KUALA LUMPUR: AirAsia X has sealed a 10-year agreement with the Avalon Airport, in the Australian state of Victoria, from where the long-haul low-cost carrier will start operating later this year, the airline announced today. Currently, the airline is operating from the Melbourne Airport, which is also located in the state of Victoria and is 62km from the Avalon 35

February 4, 2018 4:55 AM AirAsia to be first international carrier at Australia’s Avalon Airport

Fernandes (centre) said the move to Avalon will help AirAsia maintain its cost edge and allow it to continue offering low fares. — Picture courtesy of AirAsiaKUALA LUMPUR, Feb 4 — AirAsia announced today it would shift its Melbourne operations to the Avalon Airport later this year, making it the first airline to operate international flights at the Australian 30

January 26, 2018 9:54 AM AirAsia, AirAsia X see increase in passenger volume, load factor in Q4 2017

PETALING JAYA: Budget airlines AirAsia Bhd and its long-haul carrier counterpart AirAsia X Bhd registered higher year-on-year passenger volume and load factor in the fourth quarter of 2017. Air Asia carried 10.44 million passengers between October and December 2017, which is a 17% increase from the previous year's 8.25 million, in line with the 16% seat capacity 17