September 24, 2017 12:20 AM ET

Airlines

Company Overview of AirAsia X Berhad

Company Overview

AirAsia X Berhad provides long-haul air transportation services in North Asia, Australia, West Asia, and the Middle East. The company also offers management logistical and marketing services; and leases engine and aircraft facilities. As of December 31, 2016, it had a fleet of 30 Airbus A330-300 aircrafts. The company was formerly known as Fly Asian Xpress Sdn Bhd and changed its name to AirAsia X Berhad in September 2007. AirAsia X Berhad was founded in 2006 and is headquartered in Kuala Lumpur, Malaysia. AirAsia X Berhad is a subsidiary of Aero Ventures Sdn Bhd.

Jalan Pekeliling 5

RedQ

Lapangan Terbang Antarabangsa

KLIA

Kuala Lumpur,  64000

Malaysia

Founded in 2006

Phone:

60 3 8660 4600

Fax:

60 3 8660 7722

Key Executives for AirAsia X Berhad

AirAsia X Berhad does not have any Key Executives recorded.

AirAsia X Berhad Key Developments

Airasia X Berhad Announces Resignation of Ching Koon Kah @ Chin Kon Kah as Joint Secretary

AirAsia X Berhad announced the resignation of Ching Koon Kah @ Chin Kon Kah as Joint Secretary. Date of change is Aug. 30, 2017.

AirAsia X Berhad Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017; Reports Operating Results for the Second Quarter Ended June 30, 2017

AirAsia X Berhad reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenue of MYR 1,036,347,000 compared to MYR 883,163,000 a year ago. Operating profit was MYR 6,983,000 compared to MYR 20,031,000 a year ago. Net operating profit was MYR 3,756,000 compared to MYR 10,644,000 a year ago. Profit before taxation was MYR 27,947,000 compared to loss of MYR 9,230,000 a year ago. Profit for the financial period attributable to equity holders of the company was MYR 47,438,000 or 1.1 sen per basic and diluted share compared to MYR 1,019,000 or 0.0 sen per basic and diluted share a year ago. For the six months, the company reported revenue of MYR 2,217,074,000 compared to MYR 1,853,837,000 a year ago. Operating profit was MYR 67,320,000 compared to MYR 125,149,000 a year ago. Net operating profit was MYR 54,501,000 compared to MYR 106,200,000 a year ago. Profit before taxation was MYR 59,855,000 compared to MYR 209,287,000 a year ago. Profit for the financial period attributable to equity holders of the company was MYR 57,774,000 or 1.4 sen per basic and diluted share compared to MYR 180,508,000 or 4.4 sen per basic and diluted share a year ago. Net cash generated from operating activities was MYR 116,263,000 compared to MYR 88,928,000 a year ago. Additions to Property, plant and equipment was MYR 17,776,000 against MYR 1,461,000 a year ago. For the quarter, the company reported seat capacity of 1,722,513 against 1,371,526 a year ago. Load factor was 80% against 75% a year ago. RPK was 6,791 million against 5,032 million a year ago. ASK was 8,449 million against 6,682 million a year ago. Revenue per ASK was MYR 12.28 against MYR 13.24 a year ago.

AirAsia X Berhad to Report Q2, 2017 Results on Aug 24, 2017

AirAsia X Berhad announced that they will report Q2, 2017 results on Aug 24, 2017

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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