AirAsia X to charter IAA aircraft for 24 KL-Jakarta flights

PETALING JAYA: AirAsia X Bhd (AAX) is chartering aircraft from PT Indonesia AirAsia (IAA) for 24 flights between Jakarta and Kuala Lumpur.
In a filing with Bursa Malaysia yesterday, AAX said it has entered into a charter agreement with IAA for the provision of 24 return flights between Jakarta and Kuala Lumpur, which sums up to 8,640 seats as a dedicated Fly-Thru connectivity with the company’s current Kuala Lumpur-Jeddah operations.
The charter between AAX and IAA started yesterday and will expire on Feb 29, 2016 or at the end of the extension period as may be agreed by both parties.
Under the agreement, IAA will charter its aircraft to AAX for US$648,000 (RM2.8 million).