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- Capital A has announced an agreement for the divestment of its airline business and the acquisition of AirAsia X, forming a unified AirAsia Group.
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Does capital a own AirAsia X?
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Jan 8, 2024 · 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.
- AirAsia Set To Be Merged With AirAsia X By Parent Company ...
Malaysian carrier AirAsia is set to merge with its...
- AirAsia Set To Be Merged With AirAsia X By Parent Company ...
Jan 8, 2024 · AirAsia X (AAX) announced today that it has entered into a non-binding letter of acceptance with Capital A for the proposed acquisitions of its aviation businesses, namely AirAsia Berhad and AirAsia Aviation Group Limited.
Apr 26, 2024 · This landmark agreement, approved by the boards of Capital A and AirAsia X, is expected to catalyse AirAsia to its next growth phase to become the world’s first low-cost network carrier and redefine the aviation industry landscape.
Nov 29, 2022 · Nov 29 (Reuters) - Malaysia's Capital A (CAPI.KL) will combine its AirAsia budget airline business with long-haul offshoot AirAsia X (AIRX.KL) as part of a corporate restructuring designed...
Jan 8, 2024 · Capital A Berhad, the leading aviation and travel services group and parent company of AirAsia, today announced that it has entered into a non-binding letter of offer with AirAsia X Berhad (“AAX”) for the proposed disposal of its aviation business, namely AirAsia Berhad (AirAsia Malaysia) and AirAsia Aviation Group Limited (AirAsia ...
Nov 29, 2022 · Malaysian carrier AirAsia is set to merge with its medium-haul arm AirAsia X under a new name - AirAsia Aviation. Holding company Capital A suffered major losses over the pandemic and will now implement significant restructuring to steady the ship. Let's take a closer look at this story below.
Apr 26, 2024 · 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...