Pegasus and AirAsia X Sign Codeshare Agreement
Pegasus Airlines and AirAsia X have unveiled a landmark codeshare agreement, opening new strategic links between Southeast Asia and Turkey for the first time.
AirAsia X Posts Q1 Profit, Targets Full Fleet Use By Mid-2025
AirAsia X reported a net profit of $11.8 million for the first quarter of 2025, supported by a modest 3% increase in revenue to $222.3 million. The Malaysia-based long-haul low-cost carrier continues its post-pandemic recovery and has made key progress toward restoring full operations.
Capital A Targets June Completion Of Restructuring Plan
Capital A, the parent company of AirAsia, is aiming to complete its Proposed Regularization and Restructuring Planby June 2025, marking a pivotal step in its post-pandemic recovery roadmap. The plan includes major financial and operational restructuring, with significant implications for the group’s airline subsidiaries and broader aviation assets.
AirAsia X Enhances Transparency with Introduction of Internal Financial Targets
In a move to bolster transparency and accountability, AirAsia X (AAX) has announced the implementation of internal financial targets as part of its regular financial disclosures. This strategic initiative is designed to offer investors and stakeholders enhanced clarity regarding the airline’s financial health and operational objectives.
Airlines | Corporation | Sale
AirAsia X Extends Acquisition Timeline for Capital A’s Aviation Business
AirAsia X (Malaysia) has announced a mutual agreement with Capital A (Malaysia) to extend the deadline for completing its proposed acquisition of Capital A’s aviation business, which includes AirAsia Aviation Group and AirAsia. The revised timeline now extends from 25 January to 24 March 2025.