Airasia x banks on turnaround plan, some analysts say merger with mas is the best option. Learn about airasia, including insurance benefits, retirement benefits, and vacation policy. The deal is slated to be priced on june 24, with its debut set for july 10. Originally founded in 1993, the group now operates a network of lowcost carriers including airasia, airasia india, philippines airasia, indonesia airasia and thai airasia. Find out more about products overview, faqs and mycorporate fare types. Annual report 2016 airasia has always leveraged on innovation to drive greater guest convenience and service delivery. Bursa malays stock quote airasia x bhd bloomberg markets. Airasia x sets indicative price for rm900m malaysia iposources airasia x has set an indicative price of 1. Benefits information above is provided anonymously by current and former airasia employees, and may include a summary provided by the employer. Strategic management airasia executive summary airasia is. The agm was held at airasia academy hall located outside the capital kuala lumpur. Investor support for inquiries relating to shareholders benefit programme, please reach us at. Aab had on 25 august 2017 announced that aab had entered into a share purchase agreement with cae international holding ltd cae to dispose all of aabs equity interest in aace to cae for a total cash consideration of usd100.
The shareholders benefit programme is introduced to give recognition and appreciation to our shareholders for their continued support and for being part of the airasia x family. Welcome to mycorporate, exclusive airasia products for the corporate traveller and the corporate budget. Redq, jalan pekeliling 5, lapangan terbang antarabangsa kuala lumpur klia2 64000 klia, selangor darul ehsan, malaysia. Airasia xs 10th annual general meeting agm was held on 31 may 2016 in sepang, malaysia. Malaysias airasia says leasing unit deal should be. None of the leadership team has any conflict of interest with airasia x berhad conviction for offences none of the leadership team has been convicted for any public offence during the financial year ended 31 december 2018 or had any penalty imposed by the relevant regulatory bodies within the past five 5 years, other than traffic offences, if any. Glassdoor is your resource for information about airasia benefits and perks. Airasia airasia, the leading and largest lowcost carrier in asia by passengers carried, services an extensive network of more than 120 destinations. Apr 02, 2016 airasia is the secondbestperforming stock on the msci asia pacific index this year amid speculation that its key shareholders could step in to strengthen its finances or take the company private. Mar 01, 2018 airasia bhd is selling its plane leasing operations to firms managed by bbam ltd, one of the worlds largest aircraft portfolio managers, in a staggered deal that will see the budget carrier. Excludes asian aviation centre of excellence sdn bhd aace. As at 2011, the airline had a fleet of 11 aircraft.
Airasia to sell stake in indonesia airasia in return for. A filing with the thai stock exchange tse shows aavs tassapon bijleveld reduced his shareholding from % to 5% while his daughter, pattaree, and wife, siritorn, disposed of their. An analyst agreed the partnership will allow mas to cut the queue for aircraft such as the a380 as airasia is one of airbus largest customers with more than 200 orders and options. Airasia x berhad operating as airasia x, is a longhaul budget airline based in malaysia, and a. Will76 breaking news from the edge midf research has maintained its trading sell rating on airasia x bhd aax at 11 sen with an unchanged target price of 3 sen after the airline recorded a drop in preliminary available seat kilometres ask by 21% yearonyear yoy to 6. In asia, airasia isone of the popular choices when it comes to budget carriers. Such service takes the form of a no frills low airfares flight offering, 40%60% lower than what is currently offered in this part of asia. Report on the findings of the independent internal inquiry conducted by bdo governance advisory sdn. A eligible shareholders or three 3 zero fare return tickets for category b eligible shareholders to any destination flown by airasia x that will be determined during subsequent annual general meeting agm originating from malaysia, after which the entitlement to the inaugural benefit for this period will lapse.
Temporary hibernation of airasia x berhad aircraft. Airasia x placed an order on airbus a350 where the aircraft will enter service in 2016. Established as fly asian express fax in 2006, we started out servicing rural areas of sarawak and sabah with turboprop aircraft before undergoing a comprehensive rebranding in september 2007 followed by our first flight to the gold coast, australia in november 2007. Air asia booking and its benefits linkedin slideshare. I was at airasia bhds annual general meetingagm this morning. Airasia currently outsources its mro to singapore but the share swap deal could push the lowcost budget carrier to use mas services instead. This website is owned and operated by airasia group berhad airasia.
The airasia group is a multinational airline group headquartered in kuala lumpur, malaysia. The company serves different destinations around the world. Our system will automatically send you newly posted company announcements and news updates on airasia x berhad via email. Unlikewith regular carriers, it takes a lot of dollars in order to book a single flight ticket. Frequentflyer program, airasia big loyalty programme. The shareholders benefit programme is introduced to give recognition and. Airasia group berhad refers to the consolidated groups. Shareholders who qualify under this shareholders benefit programme will be entitled to take part in and enjoy the benefits offered, such as airasia x zero fare return. Tony fernandes has make it very clear that beginning next year only shareholdernot proxy who attend the agm will get the free air ticketor any token.
The renowned asian carrier hosts significant deals to passengers on various locations worldwide at lowprice. The registration for aax shareholders was ongoing until 11. But page 256 of the prospectus highlights a conflict of interest wherein the cimb group, who is the principal advisor and joint book runner of the ipo, has granted a total of rm645. Annual report 2016 airasia has always leveraged on innovation to drive. Established as fly asian express fax in 2006, we started out servicing rural areas of sarawak and sabah with turboprop aircraft before undergoing a comprehensive rebranding in september 2007 followed by our first flight to the. A filing with the thai stock exchange tse shows aavs tassapon bijleveld reduced his shareholding from % to 5% while his daughter, pattaree, and wife, siritorn, disposed of their entire. The srivaddhanaprabha family, owners of thai retail firm king power duty free kpdf, has acquired a total 39% stake in thai airasia s publiclylisted majority shareholder, asia aviation aav.
In tonys book flying high, he mentioned that airasias operation was. Airasia x banks on turnaround plan, some analysts say merger with. Airasia in a filing to bursa malaysia on tuesday said the exercise. As part of its regional expansion, airasia x has ordered a total of 25 units of airbus a330 and 10 airbus a350, while airasia ordered 475 units of airbus a320 aircraft, making it the largest airline customer of airbus for its a320 model. Feb 22, 20 unlikewith regular carriers, it takes a lot of dollars in order to book a single flight ticket. What i learnt from airasia agm 2019 the stockmonger. Airasia x is not involved in any litigation or arbitration. Usage of the airasia website states your compliance of our. In addition, they plan to add 20 to 30 new aircraft every year.
In order to maintain its brand which is famous with low cost carrier and to be consumers preference to choose using its services offered, airasia must be able to complete with competitors and new entrance by doing some sort of strategies. Thai airasia majority shareholders sell off 39% stake ch. Corporate profile airasia is a name synonymous with low fares, quality service and dependability. Background airasia as the second malaysian national airline, provides a totally different type of service in line with the nations aspirations to benefit all citizens and worldwide travelers. Malaysias airasia bhd hopes to reach a deal on the sale of its aircraft leasing unit by march, its group chief executive said on wednesday, as. Airasia group berhad first quarter 2018 financial results. Prior to airasia agm 2019, airasia xs agm took place just one day ago in the same venue. Shareholder stating such unavailability and a request for new travel plans will be sought from the eligible shareholder to repeat the process of reservation described above. Please fill up your details below to receive email alerts. Airasia x has secondworst trading debut in malaysia. Airasia to sell stake in indonesia airasia in return for shareholding in rmpp. It is bullish on the asean community and sees the asean integration as a component of its future success. The shareholders benefit programme is introduced to give recognition and appreciation to our shareholders for their continued. Airasia x berhad would it have run out of cash if it.
Jul 09, 20 airasia x is not involved in any litigation or arbitration. Aug 30, 2017 airasia to sell stake in indonesia airasia in return for shareholding in rmpp. All the proposed resolutions were duly passed by the shareholders. The company is an affiliate carrier of the airasia group.
Redeem flights based on your flight hours with big fixed points. If it takes a village to raise a child, as the aphorism goes, then it takes a dedicated team to. Airasia x berhad is a longhaul, lowcost airline based in malaysia. Airasia x is listed on bursa malaysia under the main market. Z2 philippines airasia inc i5 airasia india limited d7 airasia x berhad malaysia xj thai airasia x co. Airasia will send a letter to the shareholders mailing address and claim that ticket at any airasia counter. Executive summary airasia is well known company for airlines industry especially in all over asia and being one of the market leaders in that industry. It started in 2007 with the aim of expanding operations of the parent company, air asia. Group of companies philippines results were consolidated with airasia berhad for financial reporting purposes in accordance to mfrs 10 since 1 january 2017. Pros good working environment, amenities, facilities. Strategic management airasia executive summary airasia. These included 9 airbus a330s and two airbus a 340s.
Its proposal to become malaysias second long haul flag carrier with a new low cost model based at klia creates a precedent at a critical time in the regions aviation evolution. The agm begin with airasia founder, tony fernandes giving out the company presentation briefing to the shareholders. Dealings in listed securities chapter 14 of listing requirements. During the agm, shareholders were able to raise questions and provide feedback to the board and leadership team. A collective shudder could be or should have been heard among competing airlines and airports when airasia x was announced last week. Airasia annual report 2009 by airasia berhad issuu. Airasia bhd is selling its plane leasing operations to firms managed by bbam ltd, one of the worlds largest aircraft portfolio managers, in a. Experience our exclusively designed programme that offers the best air travel experience at an affordable price. Since starting operations in 2001, airasia has carried more than 400 million guests and grown its fleet from just two aircraft to over 200. Airasia x offers flights on the airbus a330300 aircraft on routes. Airasia x berhad airasia x is a leading longhaul, lowcost airline operating primarily in the asiapacific region. The company operates as a subsidiary of airasia berhad. Quarterly rpt on consolidated results for the financial period ended 31122019.
Awards ceremony airasia x 2016 annual report won best of malaysia category 10 october 2017 mira investor relations awards 2017 kuala lumpur, malaysia awards ceremony airasia x won best ir professional hanif idrose 5 october 2017 one airasias global investor day sepang, malaysia. The srivaddhanaprabha family, owners of thai retail firm king power duty free kpdf, has acquired a total 39% stake in thai airasias publiclylisted majority shareholder, asia aviation aav. Airasia is the secondbestperforming stock on the msci asia pacific index this year amid speculation that its key shareholders could step in to strengthen its finances or take the company private. Get airasia latest news, breaking news, videos, photos, special reports, trends, top news, opinions on airasia at business standard by continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Airasia x berhad company profile malaysia financials. Airasia x, the longhaul arm of malaysia budget carrier airasia bhd, said it is targeting next year for the start of flights to the u. Airasia to sell portfolio of 182 airbus jets in leasing. Were glad to answer any questions you may have about your membership.