Malaysia's AirAsia Group and Aimia Holdings UK II have signed a memorandum of understanding (MoU) for a $25 million stock-swap deal, for the latter's 20% equity interest in the airline group's loyalty program. The parties inked a share sale and purchase agreement for Aimia to sell 1.67 million ordinary shares in BigLife to AirAsia Group for a $25 million consideration.
AirAsia is strongly supporting the Philippine Red Cross' (PRCs) recent appeal to immediately approve the public use of the saliva reverse transcription-polymerase chain reaction or RT-PCR test. This cheaper version of the RT-PCR test only costs P2,000 as compared to the standard rate of P3,500 for a nasopharyngeal swab. To...
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AirAsia India offloaded two middle seat passengers from its Goa-Mumbai flight on Monday, while IndiGo handed over two flyers to security officials during the last three days for not following the COVID-19 rules in flights, said senior government officials on Thursday.
Aimia to Sell Stake in BIGLIFE Program Back to AirAsia - Daily Research News Online Daily Research News Online
MANILA - AirAsia on Wednesday announced that it is canceling several flights following the government's ban on non-essential travel from "NCR Plus." The airline said the following flights are canceled. AirAsia meanwhile will continue to operate the following flights.
KUCHING, March 24 - The State Disaster Management Committee (SDMC) has approved AirAsia requests to operate ferry flight (nil passengers) from Kota Kinabalu to Miri and commercial passengers flight from Miri to Kota Kinabalu on April 1 and 10, said Transport Minister Datuk Lee Kim Shin. In a...
KUCHING (March 24): The State Disaster Management Committee (SDMC) has approved AirAsia requests to operate ferry flight (nil passengers) from Kota Kinabalu to Miri and commercial passengers flight from Miri to Kota Kinabalu on April 1 and 10, said Transport Minister Datuk Lee Kim Shin.
In its recent decision in AirAsia X Berhad v BOC Aviation Limited (Originating Summons WA-24NCC-467-10/2020), the high court held that a scheme of arrangement under Section 366 of the Companies Act 2016 is an insolvency-related event for the purposes of the Convention on International Interests in Mobile Equipment (the Cape Town Convention) and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment (Aircraft Protocol).
The path ahead for the cash-strapped carrier may be particularly bumpy unless it rebrands itself completely
MANILA, 21 March 2021 - In line with the recent announcement of new guidelines under Resolution No. 104 by the Inter-Agency Task Force (IATF) on Emerging Infectious Diseases, AirAsia assures guests of its regular flight operations inbound and outbound Manila to domestic destinations for essential travelers.
SINGAPORE - Ms Fiona Lim charges S$4.50 for a medium bowl of bak chor mee (minced meat noodles) at a food centre in Bukit Merah.
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Hong Kong businessman and professional poker player Dr Stanley Choi Chiu Fat has expressed confidence his bet on financially struggling AirAsia Group will pay off as the airline this week successfully completed the second tranche of a private share placement. Dr Choi hit the headlines in February when he raised his AirAsia stake during the ...
AT a time when most investors would "fold" or "check" when it comes to investing in the aviation industry in the current economic climate, professional poker player and investor Dr Stanley Choi has made a bold "call".
The Directorate General of Civil Aviation (DGCA) had last Saturday asked airlines to de-board passengers who do not wear masks 'properly' despite repeated warnings.
ldquo;Accountants may not usually occupy the frontlines in the fight against the pandemic, but they play a critical role in supporting and pushing for their companies’ survival,” AirAsia Philippines said Friday.The budget airline is offering CPAs special promotion discount of 20% on all seats from March 22 to April 11, 2021.
IndiGo handed over the two passengers to airport police and has filed a police complaint against them