5099.KL - AirAsia Berhad

Kuala Lumpur - Kuala Lumpur Delayed Price. Currency in MYR
1.6500
0.0000 (0.00%)
At close: 4:59PM MYT
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Previous Close1.6500
Open1.6500
Bid1.6500 x 0
Ask1.6700 x 0
Day's Range1.6400 - 1.6700
52 Week Range1.6400 - 3.0500
Volume9387400
Avg. Volume6,874,792
Market Cap4.6B
Beta (5Y Monthly)N/A
PE Ratio (TTM)3.63
EPS (TTM)N/A
Earnings DateAug 28, 2019 - Sep 3, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • AirAsia Group Launches Yet Another New Route: Music
    Skift

    AirAsia Group Launches Yet Another New Route: Music

    Tony Fernandes is evidently having a lot of fun transforming AirAsia Group into more than just an airline business. Having just launched the first fast-food chain featuring airline food last week, the group CEO unveiled at a press briefing in Kuala Lumpur on Friday a new music label, RedRecords, in partnership with Universal Music Group. […]

  • AirAsia bets its in-flight menu can win diners on the ground
    Reuters

    AirAsia bets its in-flight menu can win diners on the ground

    Airline food has long been the butt of travellers' jokes, but Malaysia's AirAsia Group Bhd is seeking to turn that notion on its head - opening its first restaurant on Monday featuring dishes based on its in-flight menu. AirAsia group CEO Tony Fernandes is so confident the carrier's Southeast Asian fare will be popular with diners on the ground that he is aiming to franchise the concept internationally, with a New York outlet an ultimate goal. General Manager of Santan Restaurant and T&CO Cafe, Catherine Goh, said 30% of the restaurant's menu come from AirAsia's existing in-flight menu, which includes classics such as Pak Nasser's nasi lemak, a signature Malaysian rice dish with chilli condiment.

  • Malaysia's AirAsia swings to net loss as FX fluctuations bite
    Reuters

    Malaysia's AirAsia swings to net loss as FX fluctuations bite

    Malaysia's flagship budget airline AirAsia Group Bhd flipped to a loss in its third-quarter, hit by foreign exchange losses and a writedown in the value of currency and interest rate swaps. It posted on Wednesday a net loss of 51.4 million ringgit ($12.3 million) for the three-month period ended September, from 915.9 million ringgit net profit in the year ago period. Revenue was 17.5% higher at 3.1 billion ringgit, however.

  • AirAsia.com Starts Selling Competitors’ Flights via Kiwi.com Partnership
    Skift

    AirAsia.com Starts Selling Competitors’ Flights via Kiwi.com Partnership

    AirAsia.com on Friday added the flights of other carriers through a partnership with travel tech company Kiwi.com. In a white label arrangement, Kiwi.com supplies the content and technology to enable AirAsia.com’s users to book travel on more than 100 airlines to destinations currently not served by AirAsia in Europe, Australia, New Zealand, the Middle East, […]

  • AirAsia to sell tickets on other airlines as part of online push
    Reuters

    AirAsia to sell tickets on other airlines as part of online push

    The carrier said it had signed a strategic partnership with travel technology company Kiwi.com that would give customers access to destinations not served by AirAsia, including London, Dubai, Madrid and Auckland. "We are reinventing ourselves as more than just an airline, bringing to life our vision for airasia.com to be the region's one-stop travel shop," AirAsia Group Chief Executive Tony Fernandes said in a news release. AirAsia is also looking at other ways to partner directly with airlines and companies that compliment the carrier's network and travel services beyond Asia Pacific, said airasia.com Head of Airline Distribution Rajiv Kumar.

  • AirAsia transfers some Kuala Lumpur-Singapore slots to long-haul service
    Reuters

    AirAsia transfers some Kuala Lumpur-Singapore slots to long-haul service

    The two daily return flights will help AirAsia X deploy its Airbus SE A330s for more hours of the day, allowing it to boost revenue, the carriers said. The services will also give passengers from China, India, Japan and Korea better connections from its Kuala Lumpur hub to Singapore. Using the widebodies rather than AirAsia's narrowbody Airbus A320s also doubles capacity in those slots on the Kuala Lumpur-Singapore route, the world's busiest international route by frequency of services, according to aviation data provider OAG.

  • Reuters

    UPDATE 2-AirAsia cuts Airbus A330neo order plans, shifts to A321XLR

    Malaysian budget carrier AirAsia Group Bhd scaled back plans to order the Airbus A330neo wide-body passenger jet by nearly two thirds on Friday, switching its focus instead to a long-range new version of the popular A321 series. The long-haul arm of Asia's largest budget airline group, AirAsia X Bhd, had left its fleet expansion in suspense since initially unveiling plans to order 34 more of the 250-300-seat A330neo jets, on top of 66 already on order. The deal was later thrown into doubt as AirAsia reviewed its needs and on Friday the group said it was confirming 12 of the 34 extra A330neo planes while adopting 30 of the smaller, long-range A321XLRs.

  • AirAsia close to adjusting Airbus order plans - sources
    Reuters

    AirAsia close to adjusting Airbus order plans - sources

    PARIS/SINGAPORE (Reuters) - AirAsia Group Bhd will announce on Friday an adjustment to its large Airbus SE order plans, confirming at least part of its order for A330neos while making room for the A321XLR, two people familiar with the matter said. Airbus has been in talks for months to sell the latest addition to its narrowbody fleet, the long-range A321XLR, to its largest Asian customer in a move widely expected to lead to a restructuring of AirAsia's order for larger A330neo jets. AirAsia's long-haul arm AirAsia X Bhd last year placed an order for 34 A330neos but it was never finalised in the Airbus order book.

  • AirAsia close to adjusting Airbus order plans: sources
    Reuters

    AirAsia close to adjusting Airbus order plans: sources

    PARIS/SINGAPORE (Reuters) - AirAsia Group Bhd will announce on Friday an adjustment to its large Airbus SE order plans, confirming at least part of its order for A330neos while making room for the A321XLR, two people familiar with the matter said. Airbus has been in talks for months to sell the latest addition to its narrowbody fleet, the long-range A321XLR, to its largest Asian customer in a move widely expected to lead to a restructuring of AirAsia's order for larger A330neo jets. AirAsia's long-haul arm AirAsia X Bhd last year placed an order for 34 A330neos but it was never finalised in the Airbus order book.

  • Malaysia's AirAsia reports smallest net profit since 2014
    Reuters

    Malaysia's AirAsia reports smallest net profit since 2014

    Budget airline AirAsia Group Bhd on Wednesday reported its smallest quarterly net profit since 2014 as the airline recognised losses in its Indian associate company. The group said the second-quarter results recognised the share of prior year losses at AirAsia India (AAI) as a result of an increase in its investment in that airline. AirAsia also said it was hit by foreign exchange losses during the second quarter which ended on June 30.

  • AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo
    Reuters

    AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo

    AirAsia Group has decided to convert 253 orders for Airbus' A320neo planes to the larger A321neo model, making AirAsia the world's largest customer for the A321neo, but is not yet ready to order the new longer-range version. "The change will enable the airline to offer higher capacity in response to ongoing strong demand across its network," Airbus said in a statement on Tuesday. Airbus launched the A321XLR, which has a range of up to 4,700 nautical miles, at the Paris Airshow on Monday.

  • Reuters

    AirAsia in talks to buy proposed new Airbus A321XLR -sources

    Malaysian low-cost carrier AirAsia is in negotiations to buy a proposed new longer-range version of the best-selling Airbus A321 passenger jet, two people familiar with the matter said. Airbus has begun tying up customers for the A321XLR ahead of a possible formal announcement of the modified version at the Paris Airshow in June, though the timing of any deal between Airbus and AirAsia remains unclear. Airbus declined to comment.

  • Reuters

    AirAsia's Philippine unit plans more than $200 mln IPO - CEO

    The Philippine unit of AirAsia Group Bhd hopes to push through with its initial public offering this year to raise more than $200 million to expand capacity, the regional carrier's chief executive said on Thursday. AirAsia Group had planned to list some of its Southeast Asian units as early as 2017, but was delayed by volatile markets and business challenges. Hopefully we can do it this year," AirAsia Group CEO Tony Fernandes told reporters.

  • Skift Forum Asia: CEO Tony Fernandes Leads AirAsia to Tech Evolution
    Skift

    Skift Forum Asia: CEO Tony Fernandes Leads AirAsia to Tech Evolution

    After 18 years of disrupting the Asian airline industry with his “Now Everyone Can Fly” chant, Tony Fernandes is not yet done. In fact, the group CEO of AirAsia seems to have a new spurt of energy to raise a ruckus again, although it seems hard to imagine what more disruption in low-cost carriers (LCCs) […]The post Skift Forum Asia: CEO Tony Fernandes Leads AirAsia to Tech Evolution appeared first on Skift.

  • Reuters

    BRIEF-AirAsia Group's Redcargo Logistics Signs Interline Agreement With Oman Air

    April 29 (Reuters) - Airasia Group Bhd: * REDCARGO LOGISTICS, CARGO AND LOGISTICS PLATFORM OF AIRASIA SIGNS INTERLINE AGREEMENT WITH OMAN AIR Source: https://bit.ly/2J37UqK Further company coverage:

  • Reuters

    AirAsia's plan to launch Vietnam carrier fails to take off

    Malaysia's AirAsia Group Bhd has cancelled plans to enter Vietnam's crowded aviation market, but said it was still keen on operating a low-cost carrier in the country. The Malaysian budget airline, in a statement on Wednesday, said it had ended an agreement with Gumin Company Ltd and Hai Au Aviation to set up a low-cost carrier, signed in March 2017. AirAsia had planned for the venture to start services in Vietnam by August this year.

  • CNBC

    The skill that helped AirAsia's CEO turn a $0.26 airline into a billion-dollar business

    The CEO of leading low-cost airline AirAsia has proven himself a master of transformation. After building a successful career as a top exec at Warner Music, Tony Fernandes decided to pack it all in to try his hand at the airline industry in 2001. "I think my greatest strength, if I have one, is finding great people," Fernandes shared at a recent finance conference in Singapore , Money 2020.

  • AirAsia CEO Looks to Disrupt Again, This Time in Online Travel
    Skift

    AirAsia CEO Looks to Disrupt Again, This Time in Online Travel

    Who will be the biggest online travel agency in Southeast Asia in future? Traveloka? Expedia? Agoda? If you have not added AirAsia to the usual suspects, now’s a good time. As we’ve said before, online travel agencies will face competition from an unlikely source: AirAsia. Now its CEO Tony Fernandes has made it clear that the […] The post AirAsia CEO Looks to Disrupt Again, This Time in Online Travel appeared first on Skift.

  • Budget carrier AirAsia pulls 'Get off in Thailand' ads in Australia
    Reuters

    Budget carrier AirAsia pulls 'Get off in Thailand' ads in Australia

    Malaysian low-cost carrier AirAsia Group Bhd. on Tuesday said it had dropped advertisements of flights between Brisbane and Bangkok, after drawing social media criticism that they used a double entendre that promoted sex tourism. A Twitter user with the handle @MelLiszewski wrote, "a dog whistle promoting #sextourism brought to you by low-budget low-ethics airline @AirAsia".

  • Reuters

    Budget carrier AirAsia pulls "Get off in Thailand" ads in Australia

    Malaysian low-cost carrier AirAsia Group Bhd. on Tuesday said it had dropped advertisements of flights between Brisbane and Bangkok, after drawing social media criticism that they used a double entendre that promoted sex tourism. A Twitter user with the handle @MelLiszewski wrote, "a dog whistle promoting #sextourism brought to you by low-budget low-ethics airline @AirAsia".