May 24, 2013 12:27 AM ET

Airlines

Company Overview of AirAsia X Berhad

Company Overview

AirAsia X Berhad provides long-haul passenger and cargo air transportation services primarily in the Asia Pacific. It serves 12 destinations across Tokyo, Osaka, Seoul, Taipei, Beijing, Hangzhou, Chengdu, and Kathmandu in Asia; and Sydney, Melbourne, Perth, and Gold Coast in Australia, as well as offers chartered flights to the Middle East. The company operates a fleet of nine A330-300s for scheduled services; and two A340-300s for non-scheduled wet-lease and charter operations. It also offers management logistical and marketing, and engine leasing services. The company was incorporated in 2006 and is headquartered in Sepang, Malaysia. AirAsia X Berhad is a subsidiary of Aero Ventures Sdn Bh...

Detailed Description

Jalan KLIA S7

Lot PT16

Southern Support Zone

KLiA

Sepang,  64000

Malaysia

Founded in 2006

1,211 Employees

Phone:

60 3 8660 4600

Fax:

60 3 8660 4777

www.airasia.com

Key Executives for AirAsia X Berhad

Chief Executive Officer
Age: 40
Chief Financial Officer
Age: 40
Operations Director
Age: 61
Regional Head of Commercial
Company Secretary
Compensation as of Fiscal Year 2012.

AirAsia X Berhad Key Developments

Tony Fernandes Reportedly Plans To Raise $550 million By Listing
Oct 11 12

Tony Fernandes plans to raise up to $550 million by listing shares of AirAsia X Sdn. Bhd., Tune Insurance Malaysia Bhd and PT Indonesia Airasia, a source said. Aziz Bakar, Chairman of Airasia, told AFP that work was in progress for the triple initial public offering but refused to offer any details. Aziz Bakar said, "We are working on it. God willing, we would be able to launch the three listings by early next year. So we need to opt for listing. It is a cheaper way to raise funds."

AirAsia X Reportedly Hires Advisor For IPO
Oct 10 12

AirAsia X Sdn. Bhd. has reportedly hired CIMB, Malayan Banking Bhd and Credit Suisse Group AG for a $250 million initial public offering. The offering is expected to be launched in early 2013.

AirAsia Updates On IPO Plans
Sep 22 12

AirAsia X Sdn. Bhd. is going to launch its initial public offering (IPO) which progressing and appeared imminent but no exact date has been determined yet, AirAsia Berhad’s Chief Executive Officer, Tony Fernandes said. "I reckon it will be in December," Fernandes said. The reports earlier stated that the IPO could be worth around $250 million.

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Recent Private Companies Transactions

Type
Date		 Target
Merger/Acquisition
June 29, 2012 		--
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