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1. • 5 September 2001

     • On 5 September 2001, the heavily indebted airline was bought by former Time Warner (now known as Warner Bros. Discovery) executive Tony Fernandes and Kamarudin Meranun 's [ 5] company Tune Air Sdn Bhd for the token sum of one ringgit (about US$0.26 at the time) with MYR 40 million (US$10.5 million) worth of debts. [ 6]
     en.wikipedia.org/wiki/AirAsia

     AirAsia - Wikipedia

2. People also ask

   Why did capital a sell AirAsia Malaysia?

   • Capital A is selling AirAsia Malaysia and the AirAsia Aviation Group to AirAsia X, with the aim of streamlining the group and unlocking greater value for shareholders. The decision to sell the aviation business and consolidate the airlines under the AirAsia brand is driven by the need for capital and the desire to enhance profitability.

   Shock Move: Capital A Sells AirAsia Airlines to AirAsia X - Simple Flying

   simpleflying.com/capital-a-sells-airasia-airasia-x/

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   What happened to AirAsia X?

   • The twists and turns at Capital A, the parent of AirAsia, reached a new high today when the company announced it was selling AirAsia Malaysia and the AirAsia Aviation Group to AirAsia X. The proposed sale includes the AirAsia airlines in Thailand, Indonesia, Philippines and Cambodia, in effect stripping out the aviation businesses from Capital A.

   Shock Move: Capital A Sells AirAsia Airlines to AirAsia X - Simple Flying

   simpleflying.com/capital-a-sells-airasia-airasia-x/

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   Is AirAsia Group Berhad a capital a?

   • KUALA LUMPUR, 28 January 2022 - AirAsia Group Berhad has today announced a name change for the group holding company to become Capital A Berhad (Capital A or the Group).

   AirAsia Group is now Capital A | Asia Aviation

   www.aavplc.com/en/newsroom/pr-news/41935/airasia-group-is-now-capital-a

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   Does capital a own AirAsia X?

   • Capital A has announced an agreement for the divestment of its airline business and the acquisition of AirAsia X, forming a unified AirAsia Group. The acquisition, valued at approximately MYR6.8 billion ($1.4 billion), positions AirAsia as the largest low-cost airline group in Asia, according to Tony Fernandes, CEO of Capital A.

   AirAsia Group: Capital A Gets Set to Pull Its Airlines Into One Entity

   skift.com/2024/04/26/airasia-group-capital-a-gets-set-to-pull-its-airlines-into-one-entity/

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3. en.wikipedia.org › wiki › AirAsiaAirAsia - Wikipedia

   en.wikipedia.org › wiki › AirAsia

   • Cached

   AirAsia was established as a full-service airline in 1993 and began operations on 18 November 1996. It was founded by a government -owned conglomerate, DRB-HICOM.

4. newsroom.airasia.com › news › the-beginning-of-a-new‘The Beginning of a New Era’ Capital A and AirAsia Group sign ...

   newsroom.airasia.com › news › the-beginning-of-a-new

   • Cached

   Apr 26, 2024 · The divestment of AirAsia Aviation Group Limited (AAAGL), consisting of AirAsia subsidiaries in Thailand, Indonesia, the Philippines and Cambodia, will be fulfilled through the issuance of new AirAsia Group shares to Capital A worth RM3 billion.

5. simpleflying.com › capital-a-sells-airasia-airasia-xShock Move: Capital A Sells AirAsia Airlines to AirAsia X

   simpleflying.com › capital-a-sells-airasia-airasia-x

   • Cached

   Jan 8, 2024 · The twists and turns at Capital A, the parent of AirAsia, reached a new high today when the company announced it was selling AirAsia Malaysia and the AirAsia Aviation Group to AirAsia X. The proposed sale includes the AirAsia airlines in Thailand, Indonesia, Philippines and Cambodia, in effect stripping out the aviation businesses from Capital A.

   • Occupation: Journalist

6. www.aavplc.com › en › newsroomAirAsia Group is now Capital A | Asia Aviation

   www.aavplc.com › en › newsroom

   • Cached

   Jan 28, 2022 · AirAsia Group is now Capital A. New corporate identity to better reflect the Group’s core businesses and its future undertakings as rapid digital transformation takes shape. Represents exciting new era as more than just an airline. KUALA LUMPUR, 28 January 2022 - AirAsia Group Berhad has today announced a name change for the group holding ...

7. www.flightglobal.com › airlines › airasia-to-mergeAirAsia to merge with AirAsia X after Capital A divestment

   www.flightglobal.com › airlines › airasia-to-merge

   Jan 8, 2024 · The deal, announced 8 January, will see AirAsia X acquire AirAsia Malaysia as well as AirAsia units in Thailand, Indonesia, Philippines as well as Cambodia, to form AirAsia Aviation Group.

   • Author: Alfred Chua

8. simpleflying.com › airasia-group-capital-aCapital A: Why AirAsia Group Has Rebranded Itself - Simple Flying

   simpleflying.com › airasia-group-capital-a

   • Cached

   Jan 30, 2022 · The AirAsia Group formally announced on January 28th that it had switched its name to Capital A. With several projects under its belt, the company has taken the opportunity to kick off the new year with a new identity.

9. skift.com › 2024/04/26 › airasia-group-capital-aAirAsia Group: Capital A Gets Set to Pull Its Airlines Into ...

   skift.com › 2024/04/26 › airasia-group-capital-a

   • Cached

   Apr 26, 2024 · Capital A has announced an agreement for the divestment of its airline business and the acquisition of AirAsia X, to form an AirAsia Group.