Shareholders approve buyout of AirAsia by long-haul associate AirAsia X

Shareholders approve buyout of AirAsia by long-haul associate AirAsia X

Planes from AirAsia, a subsidiary airline of Capital A, are seen on the tarmac of Kuala Lumpur International Airport Terminal 2 (KLIA2) in Sepang, Malaysia, February 26, 2024. REUTERS/Hasnoor Hussain/File Photo

Shareholders have backed plans for budget carrier AirAsia to be bought by its long-haul associate, AirAsia X, paving the way for the Malaysian airlines to finalise their consolidation by the end of the year.