Ernst & Young pointed out liabilities at Air Asia already exceeded assets by more than £340 million at the end of 2019. Shares in the Malaysian-based airline fell by more than ten per cent this morning in response.
Real Madrid have secured a tenth European Cup with a 4-1 win over Atletico Madrid in the Champions League Final. Their victory is being celebrated by their sponsorship-partner Emirates Airline. Last year, Emirates Airline and Real Madrid signed a five year shirt sponsorship deal of the club until the end of the 2017/2018 season.
AirAsia has added frequencies for flights from Kuching – Bintulu, Kota Kinabalu – Tawau and from Kota Kinabalu – Johor Bahru.
Malaysia-based low-cost carrier Air Asia has outlined plans to introduce a quiet zone on its aircraft, effectively banning children from the first seven rows of economy class seats. The airline hopes to get the scheme up and running by February next year, with passengers able to reserve a seat in the zone at no extra cost – for now.
Budget airline Air Asia is planning to buy a 49% stake Batavia Air, in a bid to expand the Malaysian carrier’s presence in Southeast Asia’s largest economy.
AirAsia has confirmed it will introduce additional flights from Kuala Lumpur to Kota Kinabalu and Sandakan. Following the changes the low-cost carrier will offer 14 flights a day from Kuala Lumpur to Kota Kinabalu with a further three departures heading for Sandakan.
AirAsia X, the Malaysian-based long-haul, low-fare affiliate of AirAsia, today announces its second destination in Japan after Tokyo.
The board of low-cost carrier AirAsia has announced the appointment of Datuk Mohamed Azman Yahya as a non-independent non-executive director of the company.
AirAsia X has confirmed it will move its UK base to Gatwick Airport. From October 24th the Malaysia-based long-haul carrier will offer six flights a week to low fare affiliate of AirAsia has announced Kuala Lumpur Low Cost Carrier Terminal.
AirAsia, the world’s best low cost airline and Expedia, Inc., the world’s largest online travel company, today announced the launch of a new joint venture company covering Asia Pacific and offering a complete range of great value flights, hotels, and holiday packages.
AirAsia X, the long-haul low fare affiliate of AirAsia, has announced Paris will become its second European destination following its inaugural London flight last year.