PETALING JAYA: Standing on the brink of bankruptcy, debt-laden AirAsia X Bhd has proposed a major restructuring plan as the last resort to rescue the long-haul low cost carrier. Former investment ...

Featured here, the Cash Flow Statement for AirAsia X Bhd, showing the changes in the company's cash and cash equivalents, broken down to operating, investing and financing activities over each of ...

Qantas is counting down to the delivery of its first ‘extra-long range’ Airbus A321XLR jet in April this year. These single-aisle planes will primarily replace Qantas’ workhorse Boeing 737 on domestic ...

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AirAsia X Bhd (AAX), which is aimed at enhancing operational efficiency and better cater to the overall market demands. Chief executive officer (CEO) Tan Sri Tony Fernandes said the move was part ...

and AirAsia X Berhad (AAX). Earlier in January, AAX announced a mutual agreement with Capital A to extend the timeline for the completion of the proposed acquisition of the group’s aviation business.

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AirAsia X is winding down its Sydney, Australia-Bangkok, Thailand route from next month as part of a network rationalisation. The route was the only low-cost service linking Australia's New South ...

In its civilian configuration, the A321XLR is powered by a pair of wing-mounted engines that can keep it in the air for as much as 5,400 miles (8,700 km) while carrying up to 244 passengers.