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AirAsia Bhd (AIRA.KL)

AIRA.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Airasia updates on clarification on article appearing in The Edge Financial Daily on 28 October 2016
Wednesday, 22 Mar 2017 05:54am EDT 

Airasia Bhd - : Updates on clarification in article appearing in the edge financial daily on 28 october 2016 . Co has been recommended to lodge a police report on the findings of the investigations . Police is investigating the matter .Has consequently filed a police complaint before the competent authorities in Bengaluru, Karnataka, India on 9 November 2016.  Full Article

Airasia BHD enters into sale and purchase agreement with CJG
Thursday, 16 Mar 2017 07:09am EDT 

Airasia Bhd : Entered into a sale and purchase agreement with CJG for the acquisition of one unit of bombardier bd-700-1a10 global express aircraft . Deal for cash consideration of usd10 million .Deal will not have any material financial impact in the current financial year.  Full Article

AirAsia issues clarification on article published in Star
Tuesday, 28 Feb 2017 05:56am EST 

AirAsia Bhd : Clarification on article "again, airasia eyes double-digit growth" appearing in star dated 27 february 2017 .Statement by airasia ceo on projected revenue growth for current financial year is merely referring to expected fleet growth rate in 2017.  Full Article

Airasia posts qtrly net profit of 465.3 mln RGT
Thursday, 23 Feb 2017 06:12am EST 

Airasia Bhd : Qtrly net profit 465.3 million RGT . Qtrly revenue 1.94 billion RGT . Year-ago qtrly net profit 554.1 million RGT, revenue 2.17 billion RGT . Directors do not recommend any dividend for the quarter ended 31 December 2016 . Remain positive for the prospects of the group in 2017 . In Malaysia, the first quarter of 2017 is projected to achieve an average forecast load factor of 89% . "In Thailand, load factor in the first quarter of 2017 is forecast to be 87%" . In India, the forecast load factor for the first quarter of 2017 is at 89% . "In Indonesia, load factor in the first quarter of 2017 is forecast at 82%" .In Philippines, the forecast load factor for the first quarter of 2017 is at 92%.  Full Article

China Aircraft Leasing to lease one Airbus A320 to Airasia
Thursday, 26 Jan 2017 09:50am EST 

China Aircraft Leasing Group Holdings Ltd <1848.HK> : Calc-discloseable Transaction - Lease Of Aircraft To Airasia <1848.HK> . Co, through its wholly-owned special purpose vehicle, entered into Airasia Aircraft lease agreement with Airasia .Pursuant to deal company, through unit, agreed to lease one airbus A320 aircraft to Airasia.  Full Article

AirAsia Bhd updates on foreign shareholding as at Dec 31, 2016
Thursday, 12 Jan 2017 05:25am EST 

AirAsia Bhd :As at 31 Dec 2016, 53.50% of the issued and paid-up share capital of airasia of 2.78 billion ordinary shares of RM0.10 each were held by foreigners.  Full Article

Airasia Bhd says board approved subscription of perpetual capital securities
Friday, 16 Dec 2016 12:46am EST 

Airasia Bhd :Board approved the subscription of perpetual capital securities of up to 1.01 billion rgt issued by PT Indonesia Airasia.  Full Article

AirAsia says Encik Rozman Bin Omar vacates CFO position, Pattra Boosarawongse to assume role
Monday, 5 Sep 2016 07:52am EDT 

AirAsia Bhd : Pattra Boosarawongse who is currently the CFO of TAA will assume the group CFO position for the AirAsia .Encik Rozman Bin Omar vacated current position as a group CFO and promoted to position of group deputy CEO of AirAsia Berhad.  Full Article

AirAsia approves to carry out sale process to divest interest in AAC
Monday, 29 Aug 2016 07:30am EDT 

AirAsia Bhd : Approved to carry out sale process to divest all or substantial portion of equity interest in Asia Aviation Capital or business or assets .  Full Article

AirAsia posts qtrly net profit of 342.1 million rgt
Monday, 29 Aug 2016 06:55am EDT 

AirAsia Bhd : Qtrly net profit 342.1 million rgt versus 243.0 million rgt . Qtrly revenue 1.62 billion rgt versus 1.32 billion rgt . Directors do not recommend any dividend for the quarter ended 30 June 2016 . In Malaysia, continue to see strong demands in Q3 with average load factor forecast at 90% . For the remaining quarters of 2016, we remain confident as we are continuing to observe strong demand across most sectors" . Barring any unforeseen circumstances, directors remain "positive" for the prospects of the group in 2016 . In Thailand, load factor in the third quarter of 2016 is forecast to be 83% with estimated capacity growth of approximately 3%. . In Indonesia, load factor in the third quarter of 2016 is forecast at 92% . In Philippines, the forecasted load factor for the third quarter of 2016 is at 85%" . In India, the forecasted load factor for the third quarter of 2016 is at 88% . Barring any unforeseen circumstances, the directors remain positive for the prospects of the group in 2016. " . AirAsia India to remain focus on building footprint in Indian market with introduction of new routes and frequency increases .  Full Article

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Exclusive: South Korean group in advanced talks to buy stake in AirAsia leasing unit - sources

SINGAPORE/SEOUL A little-known South Korean group is in advanced talks to acquire a stake in AirAsia Bhd's aircraft leasing unit, according to three people familiar with the matter.