Mahmood Fawzy ends tenure as AirAsia X chairman

KUALA LUMPUR: Tunku Datuk Mahmood Fawzy Tunku Muhyiddin (pic) has ended his service as chairman of AirAsia X on Dec 15, 2023, after having fulfilled his mandate to steer the long-haul budget carrier out of its financial malaise.

AirAsia X noted that following Mahmood Fawzy's appointment, it turned around its financial position from 12 quarters of losses to registering five consecutive quarters of net profit.