Quick take: AirAsia X up 9% on profit-sharing agreement with AirAsia


KUALA LUMPUR: Shares in AirAsia X Bhd (AAX) rose more than 9% in early trade Tuesday after the carrier inked a profit-sharing agreement with AirAsia Group Bhd.

The carrier advanced 9.09%, or 1.5 sen to 18 sen. It is one of the most actively traded counters with 25.1 million shares done.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

AirAsia X , AirAsia

   

Next In Business News

Boon or bane?
Bane or boon?
Staying RE-laxed in Malaysia
GDP growth on track with 5.3% 3Q expansion
Planters on better footing for monsoon
Beware the tax
It looks terrific for terraced houses
HR challenges in strata property
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated

Others Also Read