AirAsia declines to collect money on MASSB behalf

15 Dec 2018 - The Star Online
KUALA LUMPUR: Low-cost carrier AirAsia is not obligated to collect airport tax for Malaysia Airports (Sepang) Sdn Bhd (MASSB) and it has refused to collect the additional charge from passengers on behalf of MASSB. In a statement, the airline said passengers using KLIA2 should not be charged the same ...
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AirAsia refuses to collect extra charge from KLIA2 passengers

14 Dec 2018 - The Star Online
KUALA LUMPUR: Low-cost carrier AirAsia is not obligated to collect airport tax for Malaysia Airports (Sepang) Sdn Bhd (MASSB) and it has refused to collect the additional charge from passengers on behalf of MASSB. In a statement issued on Friday, it said passengers using klia2 should not be charged the ...
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AirAsia, AAX shares drop with MAHB suit

12 Dec 2018 - The Star Online
KUALA LUMPUR: Shares of AirAsia Bhd and AirAsia X Bhd (AAX) fell on Wednesday following news that Malaysia Airports Holdings Bhd (MAHB) is suing the two carriers. AirAsia fell 1.52%, or four sen to RM2.60 while AAX shed 2.13%, or 0.5 sen to 23 sen. MAHB is suing low-cost carrier AirAsia and AAX for ...
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US fund Castlelake to buy planes from AirAsia in RM3.3bil deal

12 Dec 2018 - The Star Online
SINGAPORE: US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly US$800mil (RM3.33bil), sources said. The deal underscores the strong appetite of funds to invest in the global aircraft leasing sector, ...
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US fund Castlelake to buy 30 planes from AirAsia in RM3.34b deal

11 Dec 2018 - The Star Online
SINGAPORE: US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly US$800mil (RM3.34bil), people familiar with the transaction said. The deal underscores the strong appetite of funds to invest in the ...
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Analysts expect more special dividends from AirAsia

1 Dec 2018 - The Star Online
AIRASIA Group Bhd may have kept its word on paying a special dividend after its asset sale, but it falls short of what analysts had expected. Based on the assets sold this year, they had hoped for 60 sen to 90 sen dividend per share (DPS) but AirAsia announced a 40 sen special dividend on Thursday. With ...
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AirAsia in focus after special dividend, IHH lifts KLCI

30 Nov 2018 - The Star Online
KUALA LUMPUR: AirAsia Group’s shares took to the skies early Friday as investors piled into the low-cost carrier following its special dividend of 40 sen a share. Lifting the 30-stock FBM KLCI was IHH, Nestle and Petronas-linked stocks. At 9.16am, the KLCI was up 4.32 points or 0.25% to 1,700.66. Turnover ...
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CIMB Research downgrades AirAsia from Hold to Reduce

30 Nov 2018 - The Star Online
KUALA LUMPUR: CIMB Equities Research has downgraded AirAsia Group Bhd (AAGB) from Hold to reduce with a lower target price of RM2.12 based on sector average CY20F P/E of 10 times and adding special dividend per share (DPS) of 70 sen. It said on Friday AAGB’s 9M18 core net profit of RM563mil was only ...
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AirAsia declares 40 sen dividend a share after Q3 FY18 net profit surges

29 Nov 2018 - The Star Online
KUALA LUMPUR: Low-cost carrier AirAsia Bhd declared an special dividend of 40 sen a share as its net profit jumped 81.2% in the third quarter ended Sept 30, 2018. The dividend will go ex on Dec 12. In announced to Bursa Malaysia on Thursday its net profit rose to RM915.87mil from RM505.32mil a year ago ...
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AirAsia X posts wider quarterly loss to RM197mil

22 Nov 2018 - The Star Online
PETALING JAYA: AirAsia X Bhd (AAX) saw its net loss in the third quarter ended Sept 30 increasing by almost five times due to a rise in the average fuel price and an impairment of RM138.2mil made on an amount due from a joint venture. The long-haul budget airline said in a filing wit Bursa Malaysia that ...
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