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

      Shock Move: Capital A Sells AirAsia Airlines to AirAsia X

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

    Apr 26, 2024 · The divestment of AirAsia Berhad, otherwise known as AirAsia Malaysia, for RM3.8 billion, to be satisfied by AirAsia Group’s assumption of RM3.8 billion of debt owed by Capital A to AirAsia Berhad. Shareholders from both sides stand to gain as the value of the aviation assets is realised.

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

    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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  6. newsroom.airasia.com › news › capital-a-announcesCapital A announces strategic disposal of aviation business ...

    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 ...

  7. newsroom.airasia.com › news › capital-a-embarks-onCapital A embarks on the last mile for the creation of a ...

    Aug 1, 2024 · Capital A Berhad (Capital A) has submitted its Extraordinary General Meeting (EGM) circular to Bursa Malaysia, that details the proposed disposals of its entire equity interest in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) to AirAsia X (AAX) (Proposed Disposals).

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

    Jan 8, 2024 · 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 consolidating both its long and short-haul operations...

  9. asianaviation.com › capital-a-and-airasia-groupCapital A and AirAsia Group sign sale and purchase agreement

    Apr 28, 2024 · The divestment of AirAsia Berhad, otherwise known as AirAsia Malaysia, for RM3.8 billion, to be satisfied by AirAsia Group’s assumption of RM3.8 billion of debt owed by Capital A to AirAsia Berhad. Shareholders from both sides stand to gain as the value of the aviation assets is realised.

  10. www.scmp.com › news › asiaMalaysia’s Capital A to merge AirAsia brands, as CEO Tony ...

    Jan 9, 2024 · Malaysia ’s Capital A Berhad said on Monday it intends to sell its aviation business to long-haul unit AirAsia X Bhd, with a goal of consolidating both its long and short-haul operations under...

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