AirAsia X posts RM80.1mil net profit in 1Q


PETALING JAYA: Amidst the ongoing merger and acquisition where AirAsia X Bhd (AAX) is acquiring Capital A Bhd’s aviation business, AAX has committed to fully activating its fleet by the second half of this year.

In a filing with Bursa Malaysia, the airline, which saw its Practice Note 17 (PN17) status uplifted last November, reported that as of the end of March, its fleet size stood at 18 aircraft, with 16 already activated.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
AirAsia X , AAX , aircraft , Capital A

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read