‘The border has just reopened and AirAsia has done something.’
AirAsia X Bhd's (AAX) filing to Bursa Malaysia confirms the resignation of the group's Chief Executive Officer (CEO), Nadda Buranasiti.
Nadda who was appointed CEO of Thai AAX in 2014 and later promoted to CEO of AAX group on November 1, 2018, has confirmed his resignation.
As of noon today, AAX shares were trading at 65 sen with a market value of RM269.63 million based on the company's 414.81 million outstanding shares.
A total of 414.81 million outstanding shares of AAX are the result of the consolidation of every 10 existing shares in the company into 1 share, based on the Bursa’s filing on 14 February 2022 on the consolidated listing and quotation on the Main Market of the Exchange.
Meanwhile, the leading low -cost carrier, AirAsia expects the reopening of the border to be a catalyst to the economy and it aims to record a load factor of 95% by the end of the year.
Through the CEO of AirAsia Malaysia, Riad Asmat, Malaysia will make a big step with the reopening of the border.
He added that flight ticket sales for the next few weeks recorded an encouraging increase and predicted more people would want to visit Malaysia.
So far, Riad said there are 12 AirAsia international flights scheduled to arrive at Kuala Lumpur International Airport 2 (KLIA2) on Friday, April 1, 2022.
As is known on March 8, the Prime Minister of Malaysia Datuk Seri Ismail Sabri Yaakob announced the reopening of the country's borders on April 1 following the country's transition to the endemic phase of Covid-19.
