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AirAsia X
AirAsia X Berhad, operating as AirAsia X (formerly FlyAsianXpress Sdn. Bhd.), is a Malaysian long-haul, low-cost airline and a subsidiary of the AirAsia, AirAsia Group. The airline was initially established in 2006 as FlyAsian Express (FAX) and began by operating regional airline, regional routes under Malaysia’s MASwings#Origins and Evolution of Rural Air Services in Malaysian Borneo, Rural Air Service. After encountering operational challenges, FAX transitioned to a long-haul, low-cost carrier model and rebranded as AirAsia X in 2007. It launched its first international flight in November 2007, connecting Kuala Lumpur to Gold Coast, Queensland, Gold Coast, Australia. AirAsia X expanded its network over the following years, establishing routes to various destinations across Australia, Europe and Asia. Despite challenges such as fuel prices, fluctuating fuel prices and increased competition, the airline focused on strategic growth through fleet expansion and operational impr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thai AirAsia X
Thai AirAsia X () is a Thai long-haul low-cost airline based at Don Mueang International Airport in Bangkok. It is a joint venture of AirAsia X from Malaysia and Thai AirAsia. History On 18 September 2013, AirAsia X signed a shareholders agreement with Tassapon Bijleveld and Julpas Krueospon to establish a joint venture co-operation for a long-haul low-cost airline, a Thai company named Thai AirAsia X Company Limited was started in which AirAsia took a 49% share. Thai AirAsia X is the medium and long-haul operation of the brand Thai AirAsia. The franchise can keep costs down by using a common ticketing system, aircraft livery, employee uniforms, and management style. On 3 February 2014 Thai AirAsia X received an Air Operators Certificate (AOC) from the Department of Civil Aviation of Thailand which allowed the airline to apply for permits and slots for the intended routes. On 17 June 2014, Thai AirAsia X operated its first flight from Bangkok to Seoul with an Airbus A330-3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuala Lumpur International Airport
Kuala Lumpur International Airport is the main international airport serving Kuala Lumpur, the capital of Malaysia. It is located in the Sepang District of Selangor, approximately south of downtown Kuala Lumpur and serves the Greater Kuala Lumpur, city's greater conurbation. Kuala Lumpur International Airport is the largest and busiest airport in Malaysia and is recognised as a mega hub. In 2023, it handled 47.2 million passengers, 980,040 tonnes of cargo and 819,026 aircraft movements, ranking as the World's busiest airports by passenger traffic, 35th-busiest airport by total passenger traffic. In 2024, KLIA is the ranked first by OAG (company), OAG (by ratio of connection flight frequency to destinations served) in the Global Low-Cost Megahubs index by with 11,188 possible low-cost connections across over 137 destinations. OAG also ranked KLIA is the world's second most connected airport (by ratio of connection flight frequency to destinations served) in 2024, with 33,4 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Coast, Queensland
The Gold Coast, also known by its initials, GC, is a coastal city and region in the state of Queensland, Australia, located approximately south-southeast of the centre of the list of Australian capital cities, state capital, Brisbane. It is Queensland's List of cities in Queensland by population, second-largest city after Brisbane, as well as Australia's List of cities in Australia by population, sixth-largest city and the most populous non-capital city. The city's Gold Coast central business district, central business district is located roughly in the centre of the Gold Coast in the suburb of Southport, Queensland, Southport. The urban area of the Gold Coast is concentrated along the coast, sprawling almost 60 kilometres, joining up with the Greater Brisbane metropolitan region to the north and to the state border with New South Wales to the south. Nicknames of the city include the ‘Glitter Strip’ and the ‘Goldy’. The demonym of a Gold Coast resident is Gold Coaster. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Asia
Central Asia is a region of Asia consisting of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The countries as a group are also colloquially referred to as the "-stans" as all have names ending with the Persian language, Persian suffix "-stan" (meaning ) in both respective native languages and most other languages. The region is bounded by the Caspian Sea to the southwest, European Russia to the northwest, China and Mongolia to the east, Afghanistan and Iran to the south, and Siberia to the north. Together, the five Central Asian countries have a total population of around million. In the pre-Islamic and early Islamic eras ( and earlier) Central Asia was inhabited predominantly by Iranian peoples, populated by Eastern Iranian-speaking Bactrians, Sogdians, Khwarezmian language, Chorasmians, and the semi-nomadic Scythians and Dahae. As the result of Turkic migration, Central Asia also became the homeland for the Kazakhs, Kyrgyzs, Volga Tatars, Tatars, Turkmens, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa
Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surface area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With nearly billion people as of , it accounts for about of the world's human population. Demographics of Africa, Africa's population is the youngest among all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Based on 2024 projections, Africa's population will exceed 3.8 billion people by 2100. Africa is the least wealthy inhabited continent per capita and second-least wealthy by total wealth, ahead of Oceania. Scholars have attributed this to different factors including Geography of Africa, geography, Climate of Africa, climate, corruption, Scramble for Africa, colonialism, the Cold War, and neocolonialism. Despite this lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a landlocked country primarily in Central Asia, with a European Kazakhstan, small portion in Eastern Europe. It borders Russia to the Kazakhstan–Russia border, north and west, China to the China–Kazakhstan border, east, Kyrgyzstan to the Kazakhstan–Kyrgyzstan border, southeast, Uzbekistan to the Kazakhstan–Uzbekistan border, south, and Turkmenistan to the Kazakhstan–Turkmenistan border, southwest, with a coastline along the Caspian Sea. Its capital is Astana, while the largest city and leading cultural and commercial hub is Almaty. Kazakhstan is the world's List of countries and dependencies by area, ninth-largest country by land area and the largest landlocked country. Steppe, Hilly plateaus and plains account for nearly half its vast territory, with Upland and lowland, lowlands composing another third; its southern and eastern frontiers are composed of low mountainous regions. Kazakhstan has a population of 20 mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Almaty
Almaty, formerly Alma-Ata, is the List of most populous cities in Kazakhstan, largest city in Kazakhstan, with a population exceeding two million residents within its metropolitan area. Located in the foothills of the Trans-Ili Alatau mountains in southern Kazakhstan, near the border with Kyrgyzstan, Almaty stands as a pivotal center of culture, commerce, finance and innovation. The city is nestled at an elevation of 700–900 metres (2,300–3,000 feet), with the Big Almaty (river), Big Almaty and Small Almaty (river), Small Almaty rivers running through it, originating from the surrounding mountains and flowing into the plains. Almaty is the second-largest city in Central Asia and the fourth-largest in the Commonwealth of Independent States (CIS). Almaty served as the capital of Kazakhstan from 1929 to 1997 during the Soviet era and after independence from 1991 until the capital was relocated to Astana, Akmola (now Astana) in 1997. Despite no longer being the capital, Almaty re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenya
Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. Kenya's capital and largest city is Nairobi. Its second-largest and oldest city is Mombasa, a major port city located on Mombasa Island. Other major cities within the country include Kisumu, Nakuru & Eldoret. Going clockwise, Kenya is bordered by South Sudan to the northwest (though much of that border includes the disputed Ilemi Triangle), Ethiopia to the north, Somalia to the east, the Indian Ocean to the southeast, Tanzania to the southwest, and Lake Victoria and Uganda to the west. Kenya's geography, climate and population vary widely. In western, rift valley counties, the landscape includes cold, snow-capped mountaintops (such as Batian, Nelion and Point Lenana on Mount Kenya) with vast surrounding forests, wildlife and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nairobi
Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a reference to the Nairobi River which flows through the city. The city proper had a population of 4,397,073 in the 2019 census. Nairobi is home of the Parliament Buildings (Kenya), Kenyan Parliament Buildings and hosts thousands of Kenyan businesses and international companies and organisations, including the United Nations Environment Programme (UN Environment) and the United Nations Office at Nairobi (UNON). Nairobi is an established hub for business and culture. The Nairobi Securities Exchange (NSE) is one of the largest stock exchanges in Africa and the second-oldest exchange on the continent. It is Africa's fourth-largest stock exchange in terms of trading volume, capable of making 10 million trades a day. It also contains the Nairobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Restructuring
Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial distress is called " refinancing". Out-of-court restructurings, also known as s, are increasingly becoming a global reality. Motivation Debt restructuring involves reduction of debt and an extension of payment terms and is usually less expensive than bankruptcy. The main costs associated with debt restructuring are the time and effort spent negotiating with bankers, creditors, vendors, and tax authorities. In the United States, small business bankruptcy filings cost at least $50,000 in legal and court fees, and filing costs in excess of $100,000 are common. By some measures, only 20% of firms survive Chapter 11 bankruptcy filings. Historically, debt restr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impact Of The COVID-19 Pandemic On Commercial Air Transport
The COVID-19 pandemic has had a significant impact on the airline industry due to travel restrictions and a decimation in demand among travelers. Significant reductions in passenger numbers have resulted in flights being cancelled or planes flying empty between airports, which in turn massively reduced revenues for airlines and forced many airlines to lay off employees or declare bankruptcy. Some have attempted to avoid refunding cancelled trips to diminish their losses. Airliner manufacturers and airport operators have also laid off employees. Only several months into the pandemic, the crisis was already the worst in the aviation industry's history, according to statements made in early 2020 by Airbus' Guillaume Faury, EasyJet's Johan Lundgren, United Airlines' Oscar Munoz, Qantas' Alan Joyce, and media outlets: the ''Financial Times'', ''The New York Times'', and ''The Independent''. Flight cancellations Government regulations in Europe and the United States mandate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
