AirAsia X mulls reducing capacity in Aussie routes, says Nomura Securities
KUALA LUMPUR (Oct 6): Long-haul low-cost carrier AirAsia X Bhd (AAX) is looking to scale back the capacity of its flights in Australia, given the competitive landscape there, according to an analyst with Nomura Securities Malaysia Sdn Bhd.
"The focus of attention will be on growing its North Asia business and India for all its AAX hubs in Kuala Lumpur, which will also be replicated at Thai AirAsia X and Indonesia AirAsia X," Nomura's analyst Ahmad Maghfur Usman wrote in a note to clients today.
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