AirAsia X Bhd (AIRX.KL)
NEW DELHI India's airlines are poised to cut their cumulative losses by as much as two-thirds in the financial year starting in April, aviation consultancy CAPA India said on Tuesday, with airline executives saying ticket prices are finally rising.
* CAPA India forecasts FY20 loss of $550-$700 mln vs $1.7 bln FY19 loss
* Forecasts loss of $550-$700 mln in FY20 vs $1.7 bln loss in FY19
KUALA LUMPUR Malaysia's AirAsia X Bhd reported a sharply wider third-quarter net loss on Wednesday, the airline's second consecutive quarter in the red due to higher fuel prices.
* Revenue fell 4.2 pct on lower fares, slowing tourism (Adds further earnings details, comments, context)
SINGAPORE AirAsia X Bhd , which has yet to firm up a tentative order for 34 Airbus SE A330neo widebody jets placed in July, is considering switching some of those jets to narrowbody A321neos, the CEO of its Malaysian arm said on Friday.
* Not ruling out future Boeing 787 purchase (Adds details on A330neos, AirAsia X management changes)
SINGAPORE, Nov 9 AirAsia X Bhd, which has yet to firm up a tentative order for 34 Airbus A330neo widebody jets placed in July, is considering switching some of them to narrowbody A321neos, the CEO of its Malaysian arm said on Friday.
KUALA LUMPUR Malaysia's long-haul budget carrier AirAsia X on Thursday appointed Nadda Buranasiri as its new group chief executive officer to take over from its co-founders.