Fernandes hints at “good” 2018 for AirAsia X

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KUALA LUMPUR (Jan 12): AirAsia X Bhd (AAX) co-group chief executive officer (CEO) Tan Sri Tony Fernandes has hinted at a “good” 2018 for the low-cost long haul carrier.

In a tweet this morning, Fernandes said: “Cleaning up balance sheet in AIRASIA X as we started in the 4th quarter. 2018 looking good”.

Fernandes had at end last year been redesignated as AAX co-group CEO effective Jan 1,2018. 

The other co-group CEO is Datuk Kamarudin Meranun, who also co-founded AAX with Fernandes. Additionally, Benyamin Ismail is the airline’s CEO.

Following Fernandes’ tweet, AAX rose 2.63% or 1 sen to 39 sen, with 10.03 million shares traded.