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Is AirAsia X owned by AirAsia?
The airline is an associate of Asia’s biggest short–haul low cost group, AirAsia. In July 2010 AirAsia X emerged as a standalone airline after a restructuring, which separated it from AirAsia’s short–haul business operations.Will 2019 be AirAsia X Bhd's best-ever year?
KUALA LUMPUR (Feb 21): AirAsia X Bhd (AAX), whose co-founder Tan Sri Tony Fernandes expects 2019 to be its best-ever year, posted a net loss of RM99.27 million or 2.4 sen per share for the fourth quarter ended Dec 31, 2018 (4QFY18), a contrast to net profit of RM84.42 million or two sen per share in the previous corresponding quarter.How much is AirAsia X worth?
AirAsia X (D7, Kuala Lumpur Int'l) has proposed raising MYR500 million ringgit (USD123 million), with a rights issue for existing shareholders of up to MYR300 million (USD74 million) and a share subscription for new investors of up to MYR200 million (USD49 million).