Category Archives: AirAsia X (Thailand)

AirAsia X shareholders approve corporate restructuring plan, resumes operations this month

2018 "Lotte World" special livery

AirAsia X Berhad (AAX) has received approval from its shareholders for the proposed corporate restructuring to progress as planned, following the voting process at the AAX Extraordinary General Meeting (EGM) today.

The approval marks a major milestone in the corporate restructuring process. All resolutions were passed with at least a 99.8 percent margin.

These approvals have been obtained simultaneously with final negotiations being held with creditors.

The Company and its restructuring advisers, New York based Seabury Capital have been in active and productive discussions with lessors and other creditors after the approval granted by the court to convene the Court Convened Meeting (CCM). This is currently scheduled for late July or August.

AAX is committed to resuming commercial operations as soon as possible on a successful completion of the restructuring plan and the opening of international borders.

Additionally AirAsia X confirmed a number of services will be operating in June for repatriation purposes between Kuala Lumpur, Malaysia and Sydney, Australia.

While there are currently two return flights on sale in June, there will be more flights available and on sale soon, between Kuala Lumpur and Sydney.

Kuala Lumpur to Sydney
06 June
13 June

Sydney to Kuala Lumpur
07 June
14 June

Top Copyright Photo: AirAsia (Thai AirAsia X) Airbus A330-343 HS-XTD (msn 741) (Lotte World) FUK (Michael B. Ing). Image: 948573.

AirAsia orders more Airbus aircraft

AirAsia has signed two major agreements with Airbus, covering the order of an additional 12 A330neo and 30 A321XLR aircraft, as well as a memorandum of agreement to support the development of the Malaysian aerospace industry.

As part of the deal, Airbus will expand its maintenance, repair and overhaul (MRO) presence in Malaysia and establish the Airbus Malaysia Digital Initiative to enhance the competitiveness of the local aerospace sector through the application of new digital technologies, in line with the government’s vision to make Malaysia a regional aerospace hub.

Airbus will also boost its commitment to the Aerospace Malaysia Innovation Centre (AMIC) – of which it is a founding member – by appointing an Innovation Technical Director and increasing its funding for joint research programmes, including into the production of sustainable aviation biofuels in Malaysia.

The agreements were signed by Airbus CEO Guillaume Faury and Tan Sri Rafidah Aziz, Chairman of AirAsia X Berhad for the aircraft purchase and Datuk Kamarudin Meranun, Executive Chairman of AirAsia Group Berhad for the industrial projects.

The signing ceremony was witnessed by Tun Dr Mahathir Mohamad, the Prime Minister of Malaysia. Also present was AirAsia Group CEO Tan Sri Tony Fernandes.

Airbus is the largest international partner for the Malaysian aerospace industry. Its sourcing and services businesses in the country are now valued at some US$400 million per annum for the local economy, a figure expected to rise to more than US$550 million every year with these new initiatives.

AirAsia also signed an agreement for a firm order of 12 additional Airbus A330neo aircraft, (taking the total from 66 to 78 A330neos on order) and 30 state-of-the-art A321XLR aircraft, to join AirAsia’s future long-haul fleet. The introduction of the A321XLR provides AirAsia X with greater flexibility to better manage capacity on key routes as well as respond to seasonal demand. The A321XLR also gives AirAsia X an advantage when it comes to exploring opportunities to operate non-stop flights between Southeast Asia and secondary cities in countries like Australia, China and Japan.

AirAsia X takes delivery of its first Airbus A330-900

First Airbus A330neo for Thai AirAsia X

AirAsia has taken delivery of its first A330neo aircraft, to be operated by its long-haul affiliate AirAsia X Thailand. The aircraft was delivered via lessor Avolon and is the first of two A330neos set to join the airline’s fleet by the end of the year.

Photo: Airbus.

With its enhanced economics, the A330neo will bring a step-change in fuel efficiency for AirAsia’s long-haul operations. The new-generation A330neo will be based at Bangkok’s Don Mueang International Airport in Thailand, supporting the airline’s growth and network expansion plans to key markets such as Australia, Japan and South Korea.

Photo: Airbus.

The AirAsia X Thailand A330-900 features 377 seats in a two-class configuration, comprising 12 Premium Flatbeds and 365 economy class seats.

AirAsia’s long-haul affiliate, AirAsia X currently operates 36 A330-300 aircraft and is the largest customer for the A330neo with 66 on firm order.

Top Copyright Photo: AirAsia – AirAsia X (AirAsia.com) (Thai AirAsia X) Airbus A330-941 F-WWYG (HS-XJA) (msn 1901) TLS (Eurospot). Image: 946285.