KUALA LUMPUR (Feb 3): AirAsia Group Bhd said today that its co-founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun have relinquished their executive roles in the company effective today, amid a corruption probe by authorities on the company’s executives.
KUALA LUMPUR (Feb 3): AirAsia Group Bhd (AAGB) and AirAsia X Bhd (AAX) shares fell as much as 11.
KUALA LUMPUR (Feb 3): The Securities Commission Malaysia (SC) will review the bribery and corruption allegations against executives at low-cost carriers AirAsia Group Bhd and AirAsia X Bhd involving US$50 million (RM205 million) from a plane-maker.
KUALA LUMPUR (March 27): AirAsia Group Bhd has asked Tribhuvan International Airport (TIA) in Kathmandu, Nepal to waive around Rs 130 million in outstanding fees, according to a report by The Himalayan Times today.
KUALA LUMPUR (Jan 19): The construction of a new dedicated RM3 million processing centre at klia2 in Sepang is almost 50% complete, says Malaysia Airports Holdings Bhd (MAHB).
KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.