Topic

AirAsia

AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub

Published 11 Feb, 2026 10:38am

The service, set to commence in June, would make Bahrain AirAsia X’s first hub outside Asia

Global airlines race to fix Airbus jets; US reports little disruption

Published 30 Nov, 2025 11:00am

Airlines worked through the night after global regulators told them to remedy the problem before resuming flights

AirAsia close to buying at least 100 Airbus jets in shift to A220, sources say

Published 11 Jun, 2025 12:05pm

PARIS: AirAsia is in advanced discussions to place an order for at least 100 Airbus jets at next week’s Paris...

AirAsia-owner Capital A eyes Hong Kong listing

Published 02 May, 2025 10:43am

Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday it was exploring listing on the Hong Kong...

AirAsia flight to China turns back due to engine issue, lands safely

Published 27 Mar, 2025 10:51am

KUALA LUMPUR: An AirAsia flight bound for China returned to Kuala Lumpur due to an engine issue shortly after...

AirAsia X announces brand new route from Karachi to Kuala Lumpur, providing affordable connectivity to Malaysia’s capital

Updated 14 Mar, 2025 07:48pm

KARACHI: AirAsia X (AAX), the medium-haul affiliate of AirAsia - the World’s Best Low-Cost Airline - has announced...

Saudi Arabian fund to invest $100 million in Malaysia’s AirAsia

Published 06 Mar, 2025 09:32pm

Saudi Arabia’s sovereign wealth fund is set to invest $100 million in Malaysia’s Capital A-owned budget airline...

AirAsia owner Capital A to publish internal targets to improve transparency

Published 24 Feb, 2025 11:22am

SEOUL: Malaysia’s Capital A Berhad , owner of budget airline AirAsia, said on Monday it will start to publish...

Flights to Bali resume following volcanic eruption

Published 14 Nov, 2024 01:15pm

JAKARTA: Several airlines resumed flights to Bali on Thursday, after cancelling trips to and from the Indonesian...

Malaysia’s AirAsia raises $443mn to refurbish grounded planes

Published 22 Aug, 2024 03:07pm

Malaysian low-cost airline AirAsia has raised $443 million in a dual-tranche financing to refurbish planes that were...

Boeing expects more orders from India as airlines boost capacity

Published 02 Sep, 2022 06:00am

NEW DELHI: Boeing Co expects more orders for its planes from Indian airlines as they boost their capacity to keep...

Airlines use hedging, fuel surcharges to offset some pain as oil surges

Updated 07 Mar, 2022 08:20pm

The price of oil has surged to its highest level since 2008 after Russia's invasion of Ukraine, adding to airline...

Malaysia's Capital A eyes separate listing of aviation business

Published 11 Feb, 2022 10:20am

KUALA LUMPUR: Capital A Bhd, which owns Malaysia's flagship budget airline AirAsia, is forming an independent board...

Malaysia's AirAsia X targets Asia cargo market in deal with logistics firm

Published 26 Jan, 2022 01:31pm

KUALA LUMPUR: Malaysia's AirAsia X Bhd (AAX) has signed a partnership deal with French logistics firm Geodis, aiming...

Malaysia's AirAsia Group restructures its huge Airbus plane order

Published 06 Oct, 2021 10:44am

KUALA LUMPUR: Malaysia's AirAsia Group Bhd said it has reached a deal with Airbus SE to restructure an order for 362...

Malaysia’s AirAsia targets $300m raise via US listing of digital business

Published 08 Jul, 2021 04:22am

KUALA LUMPUR: Malaysia’s low-cost airline AirAsia Group Bhd is considering a listing of its digital arm via a...

Malaysia's AirAsia shares slide after record quarterly loss

Published 30 Mar, 2021 12:05pm

The airline said ongoing discussions for raising new capital in Indonesia and Philippines were also positive.

Malaysia's AirAsia Group raises $82mn as TPG executives, Aimia participate

Published 17 Mar, 2021 12:45pm

The airline raised 336.46 million ringgit ($81.70 million) over two tranches by issuing 470.21 million new shares, representing 14.07% of the group's total issued shares.

AirAsia Group to raise up to $113mn via private placement

Published 22 Jan, 2021 11:33am

"The proposed private placement will not fully address the Group's current financial concerns as the estimated gross proceeds of up to approximately 454.51 million ringgit would not be sufficient to meet its long-term cash flow requirements," it said.

AirAsia X shows court creditors' support for restructuring plan

Published 15 Jan, 2021 11:09am

The airline is seeking to restructure 64.15 billion ringgit of debt. Its accrued debt amounts to 2.24 billion ringgit, without taking into consideration contingent debts such as its large aircraft order book with Airbus.

Malaysia's anti-graft agency probes AirAsia's bank loan

Published 28 Oct, 2020 06:20pm

We have started our investigation to look into whether there had been any violation.
The application was not made overnight but instead SDB had carried out the best and most thorough investigation and consideration before the approval was given,

Malaysia's AirAsia to return planes to lessors, shrink fleet

Published 08 Oct, 2020 04:25pm

AirAsia, like other airlines, has been hit hard by travel restrictions due to the pandemic.

Malaysia's AirAsia aims to raise $602mn, to evaluate Japan operations

Published 07 Sep, 2020 05:39pm

Group Chief Executive Officer Tony Fernandes told Reuters in an interview that the group, Malaysia's flagship budget airline.
Fernandes also said the group was evaluating its operations in Japan, although its partnership in India remained "as is".

Malaysia's AirAsia X says lessor files $23mn claim for outstanding dues

Published 04 Sep, 2020 05:41pm

The budget airline said BOC Aviation has alleged a breach of AirAsia X's lease agreement and its obligations under four guarantees dated December 2018.
The AirAsia X board is reviewing the documents and will seek legal advice, the airline said.

Malaysia's AirAsia posts loss as revenue tumbles, but business 'stabilised'

Published 25 Aug, 2020 07:43pm

AirAsia's net loss for the April-June quarter reached 993 million ringgit.

Southeast Asia budget airline boom turns sour for planemakers, lessors

Published 21 Jul, 2020 10:09am

Auditors for Malaysia’s AirAsia Group Bhd and Vietnam’s VietJet Aviation JSC VJC.HM are concerned about cashflows and funding, while Indonesia’s Lion Air has put the brakes on a planned flotation.

Malaysia's AirAsia seeks nearly $500mn in funding: report

Published 09 Jul, 2020 07:02pm

The budget carrier, like other airlines, has been rocked by the COVID-19 pandemic that has hammered demand for air travel.
AirAsia said in a statement some financial institutions had indicated they would support a funding request of over 1 billion ringgit.

AirAsia to emerge stronger from pandemic: Fernandes

Published 09 Jul, 2020 05:37pm

The airline's liabilities currently exceeded its assets by 1.84 billion ringgit ($430 million).

AirAsia's future in doubt due to virus; share price tumbles

Published 08 Jul, 2020 06:15pm

Auditor Ernst & Young said that global travel restrictions had dented AirAsia's financial performance, with liabilities exceeding assets by 1.84 billion ringgit.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.39 ▲ 0.24 (11.16%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)

Stock	Price
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.68 ▼ -1.41 (-10.01%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	414.40 ▼ -46.02 (-10%)
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	79.05 ▼ -8.78 (-10%)
Shams Textile / Jul 21 Shams Textile Mills Limited(STML)	57.58 ▼ -6.4 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Pakistan Credit Rating Agency / Jul 21 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	36 ▼ -3.62 (-9.14%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	22.90 ▼ -2.21 (-8.8%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98.02 ▼ -7.77 (-7.34%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.71 ▼ -0.61 (-7.33%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	263,436,960 ▼ -0.69
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	110,849,016 ▲ 0.24
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	73,851,952 ▲ 0.89
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	58,224,946 ▲ 0
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	26,116,799 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	24,336,000 ▲ 0.97
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	22,413,148 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	20,069,620 ▲ 0.41
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	15,692,784 ▲ 0.14
Maple Leaf Cement / Jul 21 Maple Leaf Cement Factory Limited(MLCF)	13,608,067 ▼ -2.01

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