CEO Justin Giddings said the airport will carry out tests in preparation for receiving its first international flight on Dec 5. AirAsia X will fly in from Kuala Lumpur on that day to begin its twice daily KL-Melbourne-KL flights.
PETALING JAYA: AirAsia X Bhd
’s (AAX) cash balance is dropping fast, with nearly 39% of its cash utilised in just nine months, cautioned CIMB Research.
The research house, which has maintained its “reduce” call on the long-haul budget carrier, said AAX needed to undertake a capital-raising exercise to survive.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
