AirAsia near record high ahead of dividend going ex

8 Sep 2017 - The Star Online
KUALA LUMPUR: Shares of low-cost carrier AirAsia Bhd climbed to a near record high of RM3.55 on Friday ahead of its dividend going ex on Sept 13. At 3.15pm, it was up 14 sen to RM3.54. The highest was RM3.59 on May 16, 2017 while its 52-week low was RM2.16 on Jan 5, 2017. There were 14.80 million shares ...
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AirAsia wins Asean business award

7 Sep 2017 - The Star Online
KUALA LUMPUR: Budget carrier AirAsia Bhd has bagged this year's Asean Business Award (ABA) for priority integration sector - tourism. In a statement, group chief executive officer Tan Sri Tony Fernandes said Asean integration was about people as much as it was about policies. “It's not just about having ...
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AirAsia slips on profit taking

30 Aug 2017 - The Star Online
KUALA LUMPUR: Shares of AirAsia Bhd declined 2.4% in early trade Wednesday on profit taking after the low-cost carrier reported a fiscal second quarter profit that was lower but analysts viewed that the outlook remained rosy. The counter fell 2.1%, or eight sen to RM3.25 with 3.9 million shares done ...
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Prospects for AirAsia to remain strong in H2 of 2017

30 Aug 2017 - The Star Online
KUALA LUMPUR: AirAsia’s first half 2017 (1H17) group core net profit of RM441mil made up 48% of CIMB Equities Research's full-year forecast, which was in line with expectations, since the second half is seasonally stronger. It said on Wednesday the Malaysian operations (MAA) outperformed expectations ...
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AirAsia plans to implement internal reorganisation

30 Aug 2017 - The Star Online
PETALING JAYA: AirAsia Bhd (AAB) has proposed to implement an internal reorganisation by way of a members’ scheme of arrangement, which will see newly incorporated investment holding company AirAsia Group Bhd (AAG) assume the main market listing status of AAB. According to a Bursa Malaysia filing yesterday, ...
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AirAsia sets up new holding company for Indonesian ops

29 Aug 2017 - The Star Online
KUALA LUMPUR: AirAsia Bhd will partially dispose of and convert its perpetual securities investments in PT Indonesia AirAsia (IAA) into new shares in a company listed on the Indonesia stock exchange. The low-cost carrier said on Tuesday PT Rimau Multi Putra Pertama TBK (RMPP), will effectively become ...
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Lower earnings for AirAsia in Q2 on deferred tax charge

29 Aug 2017 - The Star Online
KUALA LUMPUR: AirAsia Bhd's earnings for its second quarter ended June 30, 2017, fell 73% year-on-year to RM92.44mil from RM342.12mil a year ago due to a one-off deferred tax charge despite recording higher operating profit. The low-cost carrier announced on Tuesday 647.2bil rupiah (about RM212mil) was ...
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AirAsia plans flights from Davao to China, South Korea

28 Aug 2017 - The Star Online
MANILA: AirAsia expressed interest in expanding its services in the Philippines to include flights from Davao City to key cities in China, Korea and Malaysia, Department of Finance says in statement. THe deparment had issued the statement on Monday citing results of meeting between Philippines Finance ...
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AirAsia sells 50% stake in AACE for RM429.3mil

25 Aug 2017 - The Star Online
KUALA LUMPUR: AirAsia Bhd has sold its entire 50% stake in its training academy joint venture with Cananda-based CAE for US$100mil (RM429.3mil) in a bid to focus on its core business. In a filing with Bursa Malaysia issued on Friday, the company said it has executed a share purchase agreement with CAE ...
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AirAsia CEO says leasing unit sale is 'imminent'

25 Aug 2017 - The Star Online
MONTREAL: AirAsia Bhd Chief Executive Tony Fernandes said on Thursday that the Malaysia-based carrier's expected sale of its leasing unit to a South Korean group was "imminent," with no roadblocks to the transaction. AirAsia, the largest low-cost carrier in Asia, is also considering the purchase of Bombardier ...
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