AirAsia | FinanceAsia

AirAsia sells leasing unit at a good price

After putting up its aircraft leasing business for sale for nearly two years, the Malaysian budget carrier finally struck a deal with BBAM for $1.18 billion.

March 01, 2018

AirAsia flight plan for higher valuations

Despite the budget airline's recent success, it still trades at lower valuations than its global rivals. Executives have a strategy in mind to change that.

June 12, 2017

AirAsia mulls sale of aircraft leasing unit

Tony Fernandes' move to sell the aircraft leasing business could help AirAsia reduce debt and raise fresh capital to expand its network.

August 29, 2016

AirAsia seeks more Asean building work

Tony Fernandes' airline is pushing Asean's constituent governments to construct airports specifically for low-cost airlines.

December 21, 2014

AirAsia X eyes Malaysia IPO in first half 2013

The AirAsia unit, which focuses on long-haul budget flights, is expected to raise about $250 million.

November 06, 2012

Thai AirAsia’s controlling shareholder will raise $143 million from IPO

Robust demand for Thai AirAsia's IPO covers the international portion more than 10 times. Together with a concurrent private placement, the total deal size will reach $229 million.

May 20, 2012

Thai AirAsia’s controlling shareholder launches $145 million IPO

The total offering will include a private placement of up to $87 million, which could result in an overall deal size of as much as $232 million.

May 14, 2012

AirAsia's Thai unit mandates banks for 2011 IPO

Thai AirAsia says it plans to raise at least $150 million from a listing in Bangkok and hires CIMB, Credit Suisse and Thanachart Securities to make it happen.

March 07, 2011

AirAsia eliminates the FX guesswork

AirAsia’s new foreign exchange solution cuts out the uncertainty when dealing in multiple currencies.

July 26, 2010