Therefore, the user portal of the aviation industry cannot be changed, and even the cost cannot make a difference.
AirAsia X, is a long-haul budget airline based in Malaysia, and a sister company of AirAsia.
Meanwhile, on Feb 2, Securities Commission Malaysia chairman Datuk Syed Zaid Syed Jaafar Albar said that the commission will probe allegations against AirAsia Group and AirAsia X to determine if there is any breach of securities laws.
AmInvestment Bank Research reminded AirAsia and other airlines of the urgent need to recapitalize their balance sheets, even as the prospects for the air travel industry and airlines have improved significantly following the large-scale rollout of Covid-19 vaccines worldwide.
Aimia Holdings is wholly-owned by Aimia Inc, which is listed on the Toronto Stock Exchange.
It has recently announced that it will cease operations in Japan.