Topic

AirAsia

AirAsia's Fernandes says travel demand remains strong, current crisis 'far' less severe than COVID

Published 18 Sep, 2026 10:47am

Speaking at a media briefing, he also said strong demand for air travel continued to support the business

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 / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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