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AirAsia X Berhad appoints new Group Chief Executive Officer

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#1 flee

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Posted 08 November 2018 - 11:52 AM

SEPANG, 1 November 2018 - AirAsia X Berhad, Asia's leading long-haul low-cost carrier, today announced the re-designations of Co-Group CEO Datuk Kamarudin Meranun and Co-Group CEO Tan Sri Tony Fernandes as Non-Executive Directors. Datuk Kamarudin and Tan Sri Fernandes will both continue to oversee the strategic direction of the business and its operations as directors of AirAsia X Berhad.
AirAsia X Thailand CEO Nadda Buranasiri has been appointed as the new AirAsia X Group CEO, effective immediately.
Commenting on the appointment, Fernandes said today's announcement was an important one for the long-haul airline of AirAsia as it continues with its business transformation plans to take long-haul, value air travel to new heights.
He said: "AirAsia X pioneered long-haul, low-cost air travel 11 years ago on 2 November 2007 and continues to grow in line with consumer demand, which is gaining momentum world over.
"Nadda has had an exceptional career and brings a wealth of experience in a broad range of industries, including senior roles in sales, advertising, banking and the music industry, where I worked with him in 1996 in his role as Managing Director of record label MCA, which later became Universal Music Thailand. He joined the aviation industry in January 2014 as CEO of AirAsia X Thailand and has been instrumental in not only setting up our Bangkok-based long haul operations, but also making it one of the most successful and popular long-haul airlines in Asia. This is a great example of our internal talent development and succession planning for our key leadership roles.
Datuk Kamarudin said, "I would like to congratulate Nadda on his new appointment, and I look forward to working with him and the whole team at AirAsia X as we continue to grow and work towards creating a sustainable, viable long-haul business for the future in existing and new global markets."

#2 jani

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Posted 08 November 2018 - 03:21 PM

Interesting. What happens to Ben?

#3 flee

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Posted 08 November 2018 - 03:34 PM

He is CEO of Malaysia Airasia X.

#4 KK Lee

KK Lee
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Posted 22 November 2018 - 05:35 AM

AirAsia X Bhds (AAX) recorded a higher net loss of RM197.47 million in the third quarter ended Sept 30, 2018 (3Q18), against a net loss of RM43.30 million a year ago, mainly due to increase in average fuel price from US$65 (RM272.54) per barrel in 3Q17 to US$91 per barrel in 3Q18.

The low cost carriers has also provided an impairment on amount due from joint venture amounting to RM138.2 million in the quarter. AXXs revenue for the quarter decreased to RM1.08 billion from RM1.12 billion a year ago due to the reduction of average passenger fares despite the increase of load factor.


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