Philippines AirAsia to raise US$250mil via IPO

4 Oct 2017 - The Star Online
MANILA: The Philippines unit of AirAsia Bhd is seeking to raise up to US$250mil (RM1.05bil) via an initial public offering (IPO) in mid-2018 to fund its expansion programme, its chief executive said. Asia’s biggest low-cost airline, which has nine units in the region, is beefing up its fleet in the Philippines ...
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AirAsia Philippines will seek US$250mil IPO

3 Oct 2017 - The Star Online
MANILA: The Philippines unit of AirAsia Bhd is seeking to raise up to US$250 million via an initial public offering (IPO) in mid-2018 to fund its expansion programme, its chief executive said on Tuesday. Asia’s biggest low-cost airline, which has nine units in the region, is beefing up its fleet in the ...
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AirAsia offers year-end grand sale

2 Oct 2017 - The Star Online
KUALA LUMPUR: AirAsia Bhd is offering low-fare deals from as low as RM39 for flights from Kuala Lumpur to Penang, Sihanoukville, Luang Prabang, Pattaya, Shantou, Kalibo (Boracay) and Visakhapatnam. The budget carrier said in a statement that travellers from Kuching to Langkawi and Pontianak also can ...
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AirAsia Bhd to take in AirAsia X’s ground equipment and staff

27 Sep 2017 - The Star Online
KUALA LUMPUR: Ground Team Red Sdn Bhd (GTR), a wholly-owned subsidiary of AirAsia Bhd , has entered into a sale and purchase agreement with AirAsia X Bhd for the sale and transfer of ramp/ground equipment valued at RM4.63mil. In a filing with Bursa Malaysia on Wednesday, AirAsia said under the same agreement, ...
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Malaysia in talks with India, China to add more routes

26 Sep 2017 - The Star Online
SEPANG: Malaysia is in talks with India and China to expand new air routes in a bid to boost its tourism market and increase passenger movements, said Transport Minister Datuk Seri Liow Tiong Lai. He said the talks were necessary as Malaysia regarded both India and China as the main drivers of the Asian ...
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Plato Capital mulls budget-airline investment in China with AirAsia

25 Sep 2017 - Business Times Breaking News
PLATO Capital, an investment company based in Kuala Lumpur, on Monday said it plans to set up a joint venture with AirAsia, Everbright Financial Investment Holdings, and Oxley Capital, to set up a low-cost airline in China to be known as AirAsia (China).The term sheet is non-legally binding; no further ...
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ERL partners AirAsia to offer special fare

25 Sep 2017 - The Star Online
KUALA LUMPUR: Express Rail Link Sdn Bhd (ERL) has partnered AirAsia to offer a special KLIA Ekspres train fare of RM48 for one-way and RM88 for a return trip for airline passengers, from Sept 21. Passengers can now also book their tickets for Kuala Lumpur's fastest airport transfer via AirAsia's website, ...
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AirAsia launches direct route from JB to Macao

20 Sep 2017 - The Star Online
SEPANG: AirAsia has launched a new direct route to Macao from Johor Bahru to further expand the southern hub starting Nov 28, 2017. The new Johor Bahru-Macao route with daily direct flights will be the airline’s 16th route from Johor Bahru and seventh international destinations from the hub. To celebrate ...
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Top foreign and local stories at 4pm

18 Sep 2017 - The Star Online
Energy Brent crude was 0.16% higher to US$55.71 per barrel at 4:31pm. Forex Ringgit up 0.02% to 4.1885 versus the ringgit at 4.41pm. Top foreign stories US oil prices hit US$50 on rising refinery demand, falling rig count: US crude oil prices rose above US$50 per barrel on Monday and were near last week’s ...
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Philippine AirAsia to raise US$250m via IPO

18 Sep 2017 - The Star Online
MANILA: Philippine AirAsia , the local unit of Southeast Asia’s biggest budget airline, plans to raise up to US$250mil through an initial public offering, according to the underwriter handling the deal, according to Manila Times. “We are still reviewing the numbers and structuring the issue that could ...
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