Rural Air Services

“Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15”

At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL).  The retail price of the IPO […]

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TF didn’t tell the whole truth about AirAsia X & RAS

Updated: 25-10-2011 Please read the article quoted from Business Time report dated 21-7-2006 – AirAsia not the ‘golden child’. You will see from this report how AirAsia got all the helps (i.e. AirAsia was given 91 trunk routes and etc) from the Badawi’s Administration under the so-called “domestic air rationalisation exercise” and AirAsia grew at

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AirAsia Bhd & AirAsia X Sdn Bhd kept RM6.895 millions of unclaimed Airport Tax

AirAsia Bhd and AirAsia X Sdn Bhd, formerly known as Fly Asian Express Sdn Bhd a.k.a FAX of Rural Air Services (RAS) fame, kept the unclaimed Airport Tax for the no-show passengers where both companies have forfeited their fares. By right both companies should immediately refund in full the collected Airport Tax the moment they forfeited

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