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AirAsia X Logs Best Day in Six Months on Capital A Restructuring
Shares of AirAsia X Bhd (AAX) rose to a six-month high as investors cheered a restructuring plan that would make the company the largest low-cost carrier in Southeast Asia.
Capital A's Proposed Aviation Business Sale Looks Positive -- Market Talk
Capital A's proposed sale of its aviation business to AirAsia X for MYR6.8 billion looks "overall positive," Hong Leong IB analyst Daniel Wong says in a note.
Capital A, AirAsia X extend negotiation period for airline biz merger again
The negotiation period for Capital A Bhd’s sale of AirAsia's aviation business to AirAsia X Bhd (AAX) has been extended for the second time to April 30, 2024, the two listed companies said.
AirAsia X Faces Trading Halt as Shares Plummet on 82% Profit Slump
Intra-day short-selling (IDSS) activities involving AirAsia X Bhd (AAX) have been halted as the stock experienced a substantial decline to its lowest level in almost 10 months.
AAX's Intra-day Short-selling Suspended as Shares Dive to Lowest in 10 Months
Intra-day short-selling (IDSS) of AirAsia X Bhd (AAX) has been suspended, after the counter sank to its lowest in nearly 10 months amid active trades on Friday, after the mid-haul low-cost airline reported a 82% year-on-year (y-o-y) slump in its fourth quarter net profit as expenses surged ahead of revenue growth.
Domestic airfares - the only way is up
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