AirAsia announced (26-Aug-09) the launch of an offering of up to 90 million non-collateralised European-style cash settled call warrants over ordinary shares of the carrier. The carrier stated the offering is in line with its objective to "actively participate and contribute to the development of structured warrants and other financial products in the Malaysian capital market". The shares will be listed on the Warrants Board of Bursa Securities from 27-Aug-09. [more]
AirAsia launches warrants offering
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Malaysia’s AirAsia: resuming domestic expansion and eyeing MASwings routes
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AirAsia is the leading domestic airline in Malaysia and has 50% of its total seat capacity allocated to the domestic market. However, AirAsia’s domestic capacity has been flat the last three years as it has focused entirely on international expansion.
Malindo Air plans more rapid expansion in 2017 as it rebrands, and closes in on Malaysia Airlines
Malaysia’s Malindo Air is poised to have a momentous year in 2017, with more rapid expansion and a highly anticipated rebranding. Malindo plans to adopt the Batik Malaysia brand in early 2017, positioning it alongside Indonesia-based Batik Air as the two full service airlines in the Lion Group.
Malindo has been one of Asia’s fastest-growing airlines since it launched services in Mar-2013. It recently reached the 40-aircraft milestone, after adding an astonishing 13 aircraft in just six months. Malindo plans to end 2016 with a fleet of 42 and take at least 10 additional aircraft in 2017.
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