News
AirAsia X private placement fully subscribed
January 14th 2026
AirAsia X (AAX) said institutional and private investors have fully subscribed to its 1 billion ringgit (US$246 million) capital raising priced at 1.65 ringgit per share. Read More » The raising was expected to be completed by Monday January 19 and represented another step in the planned bringing together of all AirAsia-branded airlines under one roof. "We are incredibly pleased to see such robust support from the investor community, which serves as a clear demonstration of confidence in the world’s best low-cost airline," AAX chair, Dato’ Fam Lee Ee, said. "This capital injection is not just about the present; it fuels our growth trajectory as we work towards becoming the world’s first low-cost network carrier."
