AirAsia X extends the deadline to finalize the acquisition of AirAsia – Aviacionline

AirAsia X announced a mutual agreement with Capital A to extend the deadline for the completion of the acquisition of the latter’s aviation business, which includes AirAsia Aviation Group Limited and AirAsia Berhad.

The deadline, initially set for January 25, has been extended to March 24, 2025. This extension will allow both parties to finalize the details of the transaction, as well as for AAX to close the definitive terms with identified investors for a private placement aiming to raise…