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Airasia Group Bhd (AIRA.KL)

AIRA.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Airasia Group Says Unit, Gumin Co Ltd And Hai Au Aviation Joint Stock Co To Terminate Proposed JV
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Airasia Group Bhd ::UNIT, GUMIN CO LTD AND HAI AU AVIATION JOINT STOCK CO TO TERMINATE PROPOSED JOINT VENTURE IN VIETNAM.CO REMAINS INTERESTED IN OPERATING A LOW-COST AIRLINE IN VIETNAM.  Full Article

Airasia Group Posts Qtrly Net Loss 395 Million RGT
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Airasia Group Bhd ::QTRLY REVENUE 2.82 BILLION RGT.QTRLY NET LOSS 395 MILLION RGT.BOARD REMAINS POSITIVE THAT THE OVERALL RESULTS OF THE GROUP IN 2019 WILL BE BETTER THAN 2018.FOR Q1 2019 EXPECT TO TURN AROUND PHILIPPINES BY FOCUSING ON NORTH ASIA- PHILIPPINES LEISURE MARKET WITH TARGET LOAD FACTOR AT 90%.DECLARED A SECOND INTERIM DIVIDEND OF 12 SEN PER SHARE FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018.FOR Q1 2019 THAILAND EXPECTED TO DELIVER LOAD FACTOR AT 90%.FOR Q1 2019, EXPECTS MALAYSIA TARGET LOAD FACTOR OF 87%.FOR Q1 2019 INDONESIA TARGET LOAD FACTOR AT 84%.AIRASIA HAS HEDGE 52% OF BRENT AT AVERAGE OF USD63.41 FOR FY 2019.YEAR AGO QTRLY REVENUE 2.66 BILLION RGT; YEAR AGO QTRLY NET PROFIT 372.6 MILLION RGT.  Full Article

Airasia Group Says Transfer Of 5 Aircraft Incomplete As Agreements Have Now Lapsed
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Airasia Group Bhd ::TRANSFERS OF AIRCRAFT & AIRCRAFT ENGINES UNDER HERONDELL SPA, INCLINE B SPA & FLY SPA HAS BEEN COMPLETED EXCEPT FOR 5 AIRCRAFTS.TRANSFER OF 5 AIRCRAFT INCOMPLETE AS THE AGREEMENTS HAVE NOW LAPSED.  Full Article

Airasia Group Updates On Writ Of Summons Served By Malaysia Airports (Sepang)
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Airasia Group Bhd ::MALAYSIA AIRPORTS (SEPANG) SERVED UNIT WITH WRIT OF SUMMONS OF 9.4 MILLION RGT OVER PASSENGER SERVICE CHARGES THAT UNIT HAS NOT COLLECTED.SAYS TO DEFEND PROCEEDINGS.  Full Article

Airasia Group Signs Memorandum of Cooperation for Vietnam JV
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Airasia Group Bhd ::CO SIGNS A MEMORANDUM OF COOPERATION REAFFIRMING INTENTION TO SET UP A LOW-COST CARRIER IN VIETNAM WITH LOCAL PARTNERS.MEMORANDUM SIGNED BY AIRASIA GROUP CEO, CEO OF THIEN MINH TRAVEL JOINT STOCK CO & GENERAL DIRECTOR OF HAI AU AVIATION JOINT STOCK CO.  Full Article

AirAsia Group Says Qtrly Net Profit 915.9 Mln RGT
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Airasia Group Bhd ::QTRLY NET PROFIT 915.9 MILLION RGT.QTRLY REVENUE 2.61 BILLION RGT.YEAR AGO QTRLY REVENUE 2.45 BILLION RGT, YEAR AGO QTRLY NET PROFIT 505.3 MILLION RGT.FOR FY, ON TRACK TO ACHIEVE A GROUP LOAD FACTOR TARGET OF 85%.IN INDIA, THE FORECAST LOAD FACTOR FOR THE FOURTH QUARTER OF 2018 IS AT 87%.DECLARED SPECIAL DIVIDEND OF 40 SEN PER SHARE FOR FY ENDED DEC 31, 2018.IN JAPAN, THE FORECAST LOAD FACTOR FOR THE FOURTH QUARTER OF 2018 IS ABOUT 74%.CAUTIOUS ABOUT ACHIEVING ITS RESULTS IN 2018 AS IT WAS IMPACTED BY HIGHER FUEL PRICES.DROP IN FUEL PRICE IN DEC EXPECTED TO CONTRIBUTE POSITIVELY TO DECEMBER MONTH OPERATIONAL RESULTS AND IN THE YEAR 2019."CONFIDENT THAT IT WILL STILL ACHIEVE A NET PROFIT FOR THE YEAR".  Full Article

Airasia Group Says Pattra Boosarawongse Appointed As Group Chief Financial Officer
Thursday, 4 Oct 2018 

Oct 5 (Reuters) - Airasia Group Bhd ::PATTRA BOOSARAWONGSE APPOINTED AS GROUP CHIEF FINANCIAL OFFICER.  Full Article

"China Remains An Extremely Important Market For Airasia" - Airasia Group Spokesperson
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Airasia Group Bhd ::"CHINA REMAINS AN EXTREMELY IMPORTANT MARKET FOR AIRASIA" - AIRASIA GROUP SPOKESPERSON.  Full Article

AirAsia Group's MoU with China Lapses
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - AirAsia Group Bhd :AIRASIA GROUP BHD SAYS MOU WITH EVERBRIGHT & HENAN GOVERNMENT. HAS NOW LAPSED AND WILL NOT BE EXTENDED.AIRASIA HAD SIGNED MOU WITH HENAN GOVERNMENT. IN MAY 2017 TO ESTABLISH A LOW-COST CARRIER IN CHINA TO BE CALLED AIRASIA (CHINA).  Full Article

Airasia Group Posts Qtrly Net Profit Of 361.8 Mln RGT
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Airasia Group Bhd ::QTRLY PROFIT ATTRIBUTABLE 361.8 MILLION RGT VERSUS 146.5 MILLION RGT.QTRLY REVENUE 2.62 BILLION RGT VERSUS 2.38 BILLION RGT.GROUP IS PROJECTED TO ACHIEVE AN AVERAGE LOAD FACTOR OF 83% IN THE THIRD QUARTER OF 2018.IN THAILAND, LOAD FACTOR IN THE THIRD QUARTER OF 2018 IS FORECAST TO BE 80% BASED ON EXISTING FORWARD BOOKING TREND.IN INDIA, THE FORECAST LOAD FACTOR FOR THE THIRD QUARTER OF 2018 IS AT 82%.IN JAPAN, THE FORECAST LOAD FACTOR FOR THE THIRD QUARTER OF 2018 IS FORECAST TO BE 89%.  Full Article

UPDATE 1-AirAsia's plan to launch Vietnam carrier fails to take off

April 17 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.