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

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   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.

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

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   Jan 28, 2022 · 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).

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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

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   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. www.google.com › finance › quoteAirAsia X Bhd (AAX) Stock Price & News - Google Finance

   www.google.com › finance › quote

   Get the latest AirAsia X Bhd (AAX) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

6. theedgemalaysia.com › node › 709390AirAsia X to buy Capital A's aviation business for RM6.8b via ...

   theedgemalaysia.com › node › 709390

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   Apr 25, 2024 · The NewCo will then acquire Capital A's aviation business — AAB and AirAsia Aviation Group Ltd (AAAGL) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo — 2.31 billion shares at RM1.30 each — to acquire AAAGL.

7. www.channelnewsasia.com › business › capital-airasiaMalaysia's Capital A paves way for merger of AirAsia's ... - CNA

   www.channelnewsasia.com › business › capital-airasia

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   Jan 8, 2024 · 08 Jan 2024 01:48PM (Updated: 08 Jan 2024 08:34PM) Malaysia's Capital A Berhad said on Monday (Jan 8) it intends to sell its aviation business to long-haul unit AirAsia X, with a goal of...

8. 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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   Will AirAsia acquire AAX?

   • Prior to the share-swap, AirAsia Bhd (AAB) will transfer its 12.77% stake in AAX to Capital A. The NewCo will then acquire Capital A's aviation business — AAB and AirAsia Aviation Group Ltd (AAAGL) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo — 2.31 billion shares at RM1.30 each — to acquire AAAGL.

   AirAsia X to buy Capital A's aviation business for RM6.8b via share and

   theedgemalaysia.com/node/709390

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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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   Why did AirAsia X sell the airline business?

   • 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. AirAsia X believes that combining the airline businesses will strengthen its position in the market, drive cost savings, and deliver a unified travel experience for guests.

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

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

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9. theedgemalaysia.com › node › 709860AirAsia X-Capital A merger set to transform air travel again ...

   theedgemalaysia.com › node › 709860

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   May 6, 2024 · The restructuring plan, which was unveiled last Thursday (April 26), will see Capital A divesting its short-haul airline to AAX in a RM6.8 billion deal.