Good gestures by AirAsia, MAS
KUCHING: Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah yesterday praised AirAsia and Malaysia Airlines (MAS) for coming up with ‘relief’ plans for their customers who were affected by Covid-19 pandemic. He stated that it was good to hear that the two airlines have come up with relief plans for those who have […]
Cash flow constraints in Malindo Air?
AIRLINES-COVID-19 KUALA LUMPUR: As countries close their borders for passengers especially from the influenza Covid-19 hit nations, airlines have started to feel the shivers with Malaysia’s Malindo Air citing cash flow constraints. Some have announced cost-cutting measures such as salary cuts for management and cabin crew, while others reduced growth and passenger target. In Malaysia, Malindo Air seems to be the first to […]
Mavcom fines AirAsia, MAHB
KUCHING: The Malaysian Aviation Commission (Mavcom) has imposed financial penalties on AirAsia Berhad (AirAsia), AirAsia X Berhad (AirAsia X) and Malaysia Airports (Sepang) Sdn Bhd (MA Sepang), a subsidiary of Malaysia Airports Holdings Berhad (MAHB). The financial penalties imposed on AirAsia and AirAsia X, amounting to RM2 million each, were due to the airlines’ continued […]
AirAsia’s stocks appreciate on disposal of shares by EPF
KUALA LUMPUR: Shares of AirAsia Group Bhd (AAGB) and its sister company AirAsia X Bhd appreciated in active trading yesterday following recent downtrend amid news report which alleged the low-cost airline took $50 million bribes from aircraft manufacturer Airbus. The upswing in their share prices also came after the Employees Provident Fund (EPF) reportedly sold 7.92 million shares in AAGB. […]
Wuhan mission a success
Wuhan Virus KUALA LUMPUR: The mission to bring home Malaysians from Wuhan, China in the wake of the 2019 novel coronavirus (2019-nCoV) outbreak in the republic was successful with 133 people arrived at KL International Airport (KLIA) early this morning. The AirAsia special flight involved in the Humanitarian Assistance and Disaster Relief (HADR) mounted by […]
AirAsia’s shares continue slide amid corruption probe, coronavirus
KUALA LUMPUR: Shares of AirAsia Group Bhd (AAGB) and AirAsia X Bhd continued its slide in early trade today amid report on alleged corruption and bribery in relations to Air Asia’s purchase of Airbus aircraft. As at 10 am, AirAsia Group fell six sen or 4.69 per cent lower at RM1.22 with 24.07 million shares changed hands, while AirAsia X dipped half-a-sen […]
AirAsia says was never approached by SFO over Airbus scandal
Airbus Scandal KUALA LUMPUR: AirAsia claimed today that it was ever reached out to even once by the UK Serious Fraud Office (SFO) during the four-year investigation regarding the Airbus scandal for any explanation or clarification. In a statement, AirAsia chairman Datuk Kamarudin Meranun and AirAsia group chief executive officer Tan Sri Tony Fernandes said it was a clear violation of […]
Kamarudin, Tony Fernandes to relinquish executive posts
Airbus Bribery Probe Duo to act as advisors during the temporary relinquishment KUALA LUMPUR: AirAsia Group Bhd (AAGB) executive chairman Datuk Kamarudin Meranun and chief executive officer Tan Sri Tony Fernandes will relinquish their executive positions within the group, effective immediately, following an Airbus bribery probe. In a filing with Bursa Malaysia, the airline said the relinquishment would be for a […]
First batch of 1 million gloves on way to Wuhan
Next batch scheduled on Wednesday KUALA LUMPUR: The next batch of one million medical gloves is scheduled to be sent to Wuhan, China onboard MASkargo this Wednesday, Primary Industries Minister Teresa Kok said. This followed the first batch of one million gloves despatched to Wuhan onboard AirAsia flight commissioned by the government to bring back Malaysians […]
MAVCOM to assess fitness, propriety of executives in AirAsia, AirAsia X
KUALA LUMPUR: The Malaysian Aviation Commission (MAVCOM) will assess whether there is any contravention of the Malaysian Aviation Commission Act 2015 and the commission’s Guidelines on Fit and Proper Person pertaining to the graft allegations involving Airbus SE as well as AirAsia Bhd and AirAsia X Bhd. In a statement today, MAVCOM said AirAsia and AirAsia X, being holders of air […]
