AirAsia X

AirAsia X
IATA ICAO Call sign
D7 XAX XANADU
Founded17 May 2007 (2007-05-17)
(as FlyAsianXpress)
Commenced operations2 November 2007 (2007-11-02)
Operating basesKuala Lumpur International Airport
Frequent-flyer programBIG Loyalty Programme[1]
SubsidiariesThai AirAsia X
Fleet size18
Destinations22
Parent companyAirAsia
Traded asMYX: 5238
ISINMYL5238OO000
HeadquartersSepang, Selangor, Malaysia
Key people
RevenueIncrease MYR 1.83 billion (FY 2022−23)[2]
Net incomeIncrease MYR 33.15 million (FY 2022−23)[2]
Employees1,339 (31 December 2023)[3]
Websitewww.airasiax.com

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.

  1. ^ "Join BIG! AirAsia BIG Loyalty Programme". Airasia.com. Retrieved 15 October 2012.
  2. ^ a b 2022/2023 Annual Report (PDF). AirAsia X (Report). Retrieved 22 June 2023.
  3. ^ "5-Year Key Operating Statistics", AirAsia X, retrieved 24 December 2024

AirAsia X

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