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Transactions (Chapter 10 of Listing Requirements) : Related Party Transactions

BackJan 04, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AIRASIA X BERHAD 
CHARTER AGREEMENT OF 24 FLIGHTS BETWEEN JAKARTA ("CGK") AND KUALA LUMPUR ("KUL") FROM PT. INDONESIA AIRASIA ("IAA")

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“the Board”) of AirAsia X Berhad (“AirAsia X” or “the Company”) wishes to announce that the Company and IAA has on 4 January 2016 entered into the Charter Agreement (“Agreement”) for the provision of twenty four (24) return flights between CGK and KUL which sums up to 8640 seats as a dedicated fly-thru connectivity with the Company’s current Kuala Lumpur – Jeddah (“JED”) – Kuala Lumpur operations and positive returns.

 

Please refer to the attachment for further details.

 

This announcement is dated 4 January 2016.

 



Please refer attachment below.

 

Announcement Info

Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 04 Jan 2016
Category General Announcement for PLC
Reference Number GA1-04012016-00076

Attachments

  1. Charter_Agreement_AAX-IAA_Bursa_Announcement(04012015).pdf (Size: 102,896 bytes)