News Formal

Malaysia's AirAsia X targets Asia cargo market in deal with logistics firm

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

KUALA LUMPUR : Malaysia's AirAsia X Bhd (AAX) has signed a partnership deal with French logistics firm Geodis, aiming to develop cargo capacity and generate revenue while passenger flights remain grounded due to coronavirus travel curbs, the airline said in a statement on Wednesday.AAX, the long-haul affl

KUALA LUMPUR : Malaysia's AirAsia X Bhd has signed a partnership deal with French logistics firm Geodis, aiming to develop cargo capacity and generate revenue while passenger flights remain grounded due to coronavirus travel curbs, the airline said in a statement on Wednesday.

The cargo plan comes as the carrier restructures its business with passenger flights grounded since the start of the coronavirus pandemic in March 2020 as Malaysia's borders remain closed to international tourism. [nL1N2T10QR] Chief executive Benyamin Ismail said the airline intends to capitalise on air cargo rates that have risen as while passenger planes remain grounded.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Temasek set to buy Bridgepoint’s testing business for US$7 billionTemasek Holdings is nearing a deal to buy testing company Element Materials Technology from buyout firm Bridgepoint Group Plc for almost US$7 billion, according to people familiar with the matter.
Source: YahooSG - 🏆 3. / 71 Read more »