Jan 19, 2018 airasia x operates an airbus 330300 on 95% of its flights, and only offers twelve premium class seats with a dedicated checkin counter thats basically just for those twelve passengers. Airasia x flight bookings can be made online through paytm, we offer flight tickets across the world at lowest airfares. Big members get 24hour priority access on sunday, 11 november 2018. The following applies to the offering memorandum following this page the offering memorandum, and you are therefore advised to read this. This is an article i posted june 20, before the ipo of airasia x the company ipo at rm1. Footrests on economy class seats have been removed. Airasia x score with low fares promotion airasia promotions. Aax and gtr have on 1 november 2017 agreed to enter into an addendum to the spa to amend the terms of the spa addendum. Airasia soon emerged as the largest domestic airlines in malaysia with the expectancies of over 18 million passengers in the year 2007. Crescent air asia investments, ltd caal and deucalion capital ii limited. Airasia utilises aircraft with single class cabin and seating configuration. The carrier commenced services in nov2007 but financial information released as part of the prospectus only dates back to 2009. Indonesia airasia x is the medium and longhaul operation of the brand indonesia airasia. Airasia x berhad, previously known as flyasianxpress sdn.
It commenced operations on 2 november 2007 with its first service flown from kuala lumpur international airport, malaysia, to gold coast airport in australia. Airasia x berhad previously known as flyasianxpress sdn. With the improved flight time for xiy, ctu, tpe, mel and the activation of 36 new. In its summary prospectus issued on june 10 the airline is offering. The remaining 365 seats are purely reserved to 365 economy class travellers which create long and timedemanding queues. As a genuinely peopledriven airline, we have always placed the highest priority on nurturing and growing. In a currency system, there is usually a main unit base and subunit that is a fraction amount of the main unit. Airasia operates airbus a320 which has a seating capacity of 180 passengers. This made airasia to have cheaper airlines to the neighboring countries.
Airasia x to raise rm860mil from ipo, relook europe and india. Airasia x profits have been rare but it is a very diverse story. Depositary receipts prospectus a1 annex b report of the aviation consultant. It was the brainchild of airasia head tony fernandes, providing lowcost services for use of the greater demographic. Why airasia x ipo doesnt make any sense tony fernandes is god. Airasia flight offers are exclusively available on. Airasia india commenced operations on 12 june 2014 with bangalore as its primary hub airasia is the first foreign airline to set up a subsidiary in india and the company marked tata group. Book your tickets immediately for traveling period 14 november 2014 until 31 march 2015. At a bottom line level, airasia xs profits have been rare. Having the best what makes airasia x special, and gives us that x factor is our people.
During 1h2012, a challenging time for the global industry, airasia x reported a respectable 7. Dated january 16, 2012 b1 index to financial statements f1 you should rely only on the information contained in this offering memorandum in making. Air asia and air asia x on same flight, whats the difference. With his 25 years experience in aviation, he was instrumental in setting up our pilot operations and training.
Learn about airasia, including insurance benefits, retirement benefits, and vacation policy. If youre eligible for premium up, youll receive an invitation email seven 7 days before your flight to bid for your upgrade. May 31, 2014 this is an article i posted june 20, before the ipo of airasia x the company ipo at rm1. Airasia x is a budget airline based in malaysia and a sister company of airasia, which is asias largest lowcost carrier. Capt paramjeet was seconded to airasia x from airasia when our airline was just being established. Airasia x franchises the brand name of airasia, asias largest low cost carrier, which uses a common ticketing website, livery, uniforms, and management style with airasia. Airasia x operates a core fleet of 29 a330300s as at march 2016, each with a seat configuration of 12 premium flatbeds and 365 economy seats. Please download the free adobe acrobat reader to view these documents investor relations. He is a nonindependent nonexecutive director of both tune ins holdings berhad and airasia x berhad and also a director of yayasan pendidikan titiwangsa. Notice accompanying the electronic prospectus of airasia x berhad airasia x or the company dated 10 june 20 electronic prospectus unless otherwise indicated, specified or defined in this notice, the definitions in the prospectus shall apply throughout this notice website this electronic prospectus can be viewed or. Airasia x berhad operating as airasia x, is a longhaul budget airline based in malaysia, and a. Airasia x berhad aax and its subsidiaries, collectively ordinary shares of rm0.
Pdf this case details the rise and expansion of airasia in southeast asia. Visitors walk next to air asia xs new airbus a330 aircraft during a. Jan 22, 2017 airasia, the malaysian budget carrier, has denied wrongdoing after an inquiry into corruption at rollsroyce found that the uk engine maker failed to prevent its employees from bribing an airasia. Airasia x launches book early and save more promotion with attractive low fares from as low as rm159 allinfare onwards fly from kl to colombo, adelaide, chengdu, hangzhou, nagoyachubu, perth, kathmandu and more. Please refer to the attachment for further details.
Passengers can choose to pay for their bookings by credit card over the phone in march 2002. This website is owned and operated by airasia group berhad. Nov 03, 2012 malaysiabased airasia x said in the document on friday that 685. We make it easy for you to book airasia x reservations. Airasia zest, airasia india and philippines airasia are also airasia associate companies and airasia x focuses on longhaul routes. This website is owned and operated by airasia group berhad airasia.
Jan 07, 2014 airasia x launches book early and save more promotion with attractive low fares from as low as rm159 allinfare onwards fly from kl to colombo, adelaide, chengdu, hangzhou, nagoyachubu, perth, kathmandu and more. Usage of the airasia website states your compliance of our terms of use and privacy policy 2020 airasia group berhad. On tuesday, the groups longhaul unit, airasia x bhd swung to a net profit of 11. Operates flights that are inside 4 hours flight time. Use premium up the bidding system that lets you upgrade to premium flatbed for a price that you, ultimately, decide. It operates through its affiliate airlines thai airasia, indonesia airasia, philippines airasia, and airasia india while its sister airline, airasia x, focuses on longhaul routes. Airasia wifi is airasias onboard wifi that offers inflight entertainment, internet services, and an ecommerce platform. Airasia, the malaysian budget carrier, has denied wrongdoing after an inquiry into corruption at rollsroyce found that the uk engine maker failed to.
Airasia x is the only longhaul lcc currently flying the europeanasia pacific corridor. Airasia x, the long haul subsidiary of the airasia group, plans to raise. They have points also to redeem while booking in airasia go for frequent flyers. In august 2011 airasia and mas, malaysias national carrier, announced a partnership called the comprehensive collaboration framework, whereby a share swap deal was agreed between tune air, the owner of airasia, and khazanah nasional, the government backed investment arm owner of mas. Datuk kamarudin received the darjah panglima jasa negara pjn, which carries the title datuk, from the yang dipertuan agong on 21 november 20. Using your personal device, you can enjoy free access to wifi. To enjoy our promo fares, kindly ensure that you have logged in to your account. The prospectus for the forthcoming ipo for airasia x, a separate business from airasia, shows that the lowcost longhaul model can be successful, operationally and profitably, but only when deployed sensibly. With its partnerships with various lccs, the corporation performed well enough for its longhaul regional services. Proxy who attended on behalf of shareholder, free ticket will go to the shareholder. Airasia xs 11th annual general meeting agm was held on 23 may 2017 in sepang, malaysia. Airasia x premium and economy class go travel your way. After all, simply knowing youre flying with your favorite carrier can make for a comfortable flight. Usage of the airasia website states your compliance of.
This might seem trivial, but 365 metal footrests can add up to quite a weight. The franchise is able to keep costs down by using a common ticketing system, aircraft livery, employee uniforms, and management style. Join airasia x s latest promotion score with our low fares and fly to perth, adelaide, nagoya and many more destinations at the lowest allin fare rm199 allin fare only. Airasia x was established in 2001 and has hubs in kuala lumpur, kota kinabulu, penan, johor bahru and kuching. Thai airasia x book flights and save alternative airlines. Listing resources ipo ipo prospectus lfx prospectus corporate governance and sustainability labuan international financial exchange lfx market. Airasia x operates an airbus 330300 on 95% of its flights, and only offers twelve premium class seats with a dedicated checkin counter thats basically just for those twelve passengers. Airasia was the first airline in the region to launch ticketless. Airasia x s prospectus states a pro forma gearing ratio of 0. Check flight status keep track of your flight airasia. When it comes to promotions, airasia has established itself as a player in the market that emphasizes on building customer value.
Airasia x is usually used in long haul flights with the fleet of a330. Jun 10, 20 tony fernandes c, founder of longhaul carrier airasia x, and chief executive officer azran osmanrani 5th r, hold a newly launched airasia x prospectus as they pose with airasia x flight. Reference is made to the announcement dated 27 september 2017 in relation to the sale and purchase agreement entered into between airasia x berhad aax and gtr spa announcement. Kl environment, social and governance ratings to help you in your stock buying decisions. Thai airasia x taax is a lowcost thai airline that offers mediumhaul and longhaul flights. Shuttering airasia x could also be one of the options, said the people, who asked not to be identified as the discussions are private. Join airasia xs latest promotion score with our low fares and fly to perth, adelaide, nagoya and many more destinations at the lowest allin fare rm199 allin fare only. Airasia denies wrongdoing in dealings with rollsroyce. Knowing your preference, we feature a vast selection of airasia x flights, allowing you to fly to your designated destination with your top choice airline. Make a thai airasia x booking and find some amazing deals. Airasia x flies to destinations within asia, australia, and the.
The airline is based at don mueang international airport, bangkok and offers flights to international destinations in china. Airasia india is an indian low cost carrier headquartered in bangalore, india. Please rotate your screen or scroll left and right if you cannot see the table. Already booked an economy fare but dreaming of an upgrade. Its on an a330, which implies its air asia x, as according to their site. Thai airasia x reservations with alternative airlines. Jul 24, 2014 an obsession with weight has also seen load shedding on airasia x. As of 10 october 2016, shares of airasia x berhad were trading at myr0. I am currently an authorised examiner on the a330 and enjoy every moment of my duty whether flying. Airasia x ipo an expensive bet on rough aviation market.
They segment their customers in 2 parts economy and premium flatbed. The budget carrier is also studying alternatives including getting support from khazanah nasional bhd, malaysias sovereign wealth fund, or integrating airasia x into the group, the people said. Please download the free adobe acrobat reader to view these documents. Analysts have said with last months general election over, investors are looking for a wide range of stocks in southeast asias third largest economy. Osmanrani has not yet encountered any passenger who refuses to fly airasia x because the little footrest is missing. Benefits information above is provided anonymously by current and former airasia employees, and may include a.
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