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Founded | 17 May 2007 (as FlyAsianXpress) | ||||||
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Commenced operations | 2 November 2007 | ||||||
Operating bases | Kuala Lumpur International Airport | ||||||
Frequent-flyer program | BIG Loyalty Programme[1] | ||||||
Subsidiaries | Thai AirAsia X | ||||||
Fleet size | 18 | ||||||
Destinations | 22 | ||||||
Parent company | AirAsia | ||||||
Traded as | MYX: 5238 | ||||||
ISIN | MYL5238OO000 | ||||||
Headquarters | Sepang, Selangor, Malaysia | ||||||
Key people | |||||||
Revenue | MYR 1.83 billion (FY 2022−23)[2] | ||||||
Net income | MYR 33.15 million (FY 2022−23)[2] | ||||||
Employees | 1,339 (31 December 2023)[3] | ||||||
Website | www |
AirAsia X Berhad, operating as AirAsia X (formerly FlyAsianXpress Sdn. Bhd.), is a a Malaysian long-haul, low-cost airline and a subsidiary of the AirAsia Group. The airline was initially established in 2006 as FlyAsian Express (FAX) and began by operating regional routes under Malaysia’s 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, Australia.
AirAsia X expanded its network over the following years, establishing routes to various destinations across Australia, Europe and Asia. Despite challenges such as fluctuating fuel prices and increased competition, the airline focused on strategic growth through fleet expansion and operational improvements. In 2013, AirAsia X went public with an initial public offering (IPO) on the Bursa Malaysia stock exchange.
The COVID-19 pandemic in 2020 led to a suspension of operations and the airline underwent a debt restructuring process. By 2022, AirAsia X had repositioned itself for recovery and by 2023, it experienced growth, particularly in passenger numbers and route expansion. In 2024, the airline continued its recovery with a focus on international expansion, including launching flights Nairobi, Kenya and Almaty, Kazakhstan, marking its entry into the African and Central Asian markets.
In 2024, AirAsia X and AirAsia announced plans to merge under a single unified brand, AirAsia Group. This strategic move aims to streamline operations, improve efficiency and strengthen the airline's competitive position in the global market.