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Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil

KUALA LUMPUR: Capital A Bhd has entered into a conditional share sale and purchase agreement with AirAsia Group Sdn Bhd (AAG) to dispose of its 100 per cent equity interest in AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

Indonesia , Philippines , Kuala-lumpur , Malaysia , Bursa , Turkey , Thailand , Cambodia , Airasiax-bhd , Airasia-bhd , Sdn-bhd , Airasia-superapp-sdn-bhd

Fernandes: AirAsia Group to be listed on Bursa Malaysia in September

KUALA LUMPUR: AirAsia Group Sdn Bhd (AAG) is poised to be listed on Bursa Malaysia in September, taking over the listing status of AirAsia X Bhd, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

Thailand , Indonesia , Kuala-lumpur , Malaysia , Philippines , Cambodia , Airasiax-bhd , Airasia-bhd , Tony-fernandes , Airasia-group-sdn-bhd , Airasia-aviation-group-ltd , Capitala-international

Trading ideas: Gamuda, Cypark, Mudajaya, Poh Huat, Sapura Resources, LYC, MKHOP, Capital A and Yinson

KUALA LUMPUR: Companies spurring investors interest include Gamuda, Cypark, Mudajaya, Poh Huat, Sapura Resources, LYC, MKHOP, Capital A and Yinson, said Apex Securities Research.

Penang , Pulau-pinang , Malaysia , Kuala-lumpur , Singapore , Kalimantan , Malaysia-general- , United-states , America , Gamuda-bhd , Oil-palm-east-kalimantan-bhd , Yinson-holdings-bhd

Capital A ESG ratings reach soaring heights

CAPTIAL A has been ranked among top performers in global sustainability ratings following an effective revamp of its sustainability approach to prioritise group wide measures to address climate risks and improve stakeholder communication.

London , City-of , United-kingdom , Malaysia , Thailand , Thai , South-east-asia , Yap-mun-ching , London-stock-exchange-group , Stock-exchange-of-thailand , International-civil-aviation-organisation , United-nations-sustainable-development-goals-unsdgs

Capital A looks to raise US$400mil equity from aviation business merger, group chief says

KUALA LUMPUR: Malaysia's Capital A Berhad, parent of budget airline AirAsia, is looking to raise up to $400 million in equity from a planned merger of its aviation business, which it hopes to complete by July, its top official said on Monday.

Cambodia , Thailand , Kuala-lumpur , Malaysia , Indonesia , Philippines , Airasia-berhad , Airasiax-bhd , Tony-fernandes , Airasia-aviation-group-ltd , Airasia , Airasia-group

Capital A to merge aviation business under AirAsia X

Capital A to merge aviation business under AirAsia X
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Kuala-lumpur , Malaysia , Sepang , Selangor , Tony-fernandes , Chester-voo , Farouk-kamal , Airasia , Chief-executive-officer-tony , Business-news , Capital-a , Air-asia

Local and foreign airlines to increase seat capacity

Local airlines and the top-five foreign carriers flying into Malaysia are projected to boost seat capacity by 24% and 31% respectively, in 2024.

Penang , Pulau-pinang , Malaysia , United-arab-emirates , Thiruvananthapuram , Kerala , India , Raja-sansi , Punjab , China , United-kingdom , Petaling

Mahmood Fawzy ends tenure as AirAsia X chairman

KUALA LUMPUR: Tunku Datuk Mahmood Fawzy Tunku Muhyiddin has ended his service as chairman of AirAsia X on Dec 15, 2023, after having fulfilled his mandate to steer the long-haul budget carrier out of its financial malaise.

Malaysia , Kuala-lumpur , Mahmood-fawzy , Tunku-datuk-mahmood-fawzy , Datuk-kamarudin-meranun , Farouk-kamal , Datuk-fam-lee , Tunku-datuk-mahmood-fawzy-muhyiddin , Practice-note , Aviation , Tunku-mahmood-fawzy-muyhiddin

AirAsia adds over 5 million seats for China, India and Malaysia flights in 2024

KUALA LUMPUR: AirAsia today announced a major expansion of its services covering China, India and Malaysia, totalling an astounding 230 weekly flights for the first quarter of 2024 with up to 5.2 million seats per year.

Trivandrum , Kerala , India , Malaysia , Kuala-lumpur , Trichy , Tamil-nadu , Kunming , Yunnan , China , Chennai , Hyderabad

AirAsia X shares take flight as PN17 status uplifted

KUALA LUMPUR: AirAsia X Bhd and parent company Capital A Bhd were among the two most active counters on Bursa Malaysia following the latter's upliftment from Practice Note 17 (PN17) status by Bursa Securities.

Malaysia , Bursa , Turkey , Kuala-lumpur , Airasiax-bhd , Bursa-malaysia , Practice-note , Bursa-securities , Stock-on-the-move , Airasia-x , Capital-a