|Bid||0.7600 x 0|
|Ask||0.7650 x 0|
|Day's range||0.7500 - 0.7700|
|52-week range||0.5000 - 1.7300|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||1.68|
|Earnings date||28 Aug 2019 - 03 Sep 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Malaysia's AirAsia Group Bhd is looking to slash dozens of planes from its fleet by returning aircraft to lessors, Group Chief Executive Tony Fernandes said on Thursday. Fernandes said AirAsia remains in talks with planemaker Airbus about reducing pending orders. The budget carrier, like other airlines, has been hit hard by travel restrictions due to the pandemic.
Malaysia's flagship budget airline AirAsia Group Bhd <AIRA.KL> are looking at laying off hundreds of employees, as it sought to cope with the coronavirus pandemic, state news agency Bernama reported on Monday. Both its Malaysian unit and long-haul arm, AirAsia X Bhd <AIRX.KL> plan to cut some hundreds of staff each, Bernama reported, citing a source who attended separate town hall sessions held by both units on Monday. AirAsia did not immediately respond to Reuters' request for comment.
Cash-strapped budget airline AirAsia Group Bhd <AIRA.KL> said on Tuesday it would begin charging customers a fee to check in at airport counters, in part to encourage them to minimise physical contact with staff during the coronavirus pandemic. Travellers who do not check in via the airline's website, mobile app or airport kiosk will be charged 20 Malaysian ringgit (3.60 pounds) for domestic flights and 30 Malaysian ringgit for international flights, though some exceptions will apply. AirAsia Group Chief Operations Officer Javed Malik said the fees would help motivate travellers to make use of the airline's investment in digital technology.