Capital A Berhad has recorded a RM305 million (approx. $73.59 million) net operating profit (NOP) for the third quarter ended 30 September 2025 (3Q2025). This was a sharp improvement from RM19 million...
AirAsia plans to significantly expand its services out of Cebu, describing the move as a “comeback” to its Philippines hub.In mid-November, AirAsia will reopen three domestic services from Cebu, namel...
Shareholders of Malaysia’s Capital A, which owns AirAsia, have approved a capital reduction plan of up to 6bn Malaysian ringgits ($1.4bn), as the company aims to ditch its “financially distressed” sta...
The completion of AirAsia X (AAX)’s acquisition of Capital A’s aviation business, which includes the AirAsia Aviation Group and AirAsia, has again been extended, with the transaction now expected to c...
AirAsia X (AAX) has reached a mutual agreement with Malaysian investment firm Capital A, to extend the timeline for completing its proposed acquisition of Capital A’s aviation business, which includes...
Shareholders have approved the proposed acquisition of Malaysian investment firm Capital A's equity interest in AirAsia by AirAsia X for RM6.8 billion ($1.58 billion).The acquisition was approved at ...
AirAsia X anticipates a full reactivation of its fleet by the end of the year with 18 operational aircraft. In its second quarter report, the airline said the full reactivation of its fleet will be th...
Capital A has signed a $443 million revenue bond for AirAsia. The company describes this as a “critical step in the ongoing commitment to strengthening its financial position and accelerating growth f...
AirAsia X (AAX) has submitted a listing application and the draft circular to Bursa Malaysia Securities Berhad, which details its proposed acquisitions of capital A’s entire equity interest in AirAsia...
Delta Air Lines is reportedly seeking compensation from the IT outage that threw the aviation industry into chaos as it strived to navigate the unforeseen technical issues. The outage was the result o...
The IT outage on July 19, 2024, caused unprecedented technological chaos globally after a third party software outage hit various computer systems. The issue was a result of a faulty update for hosts ...
Capital A and the AirAsia Group, a newly incorporated entity, has signed an agreement for ‘Capital A’s strategic divestment and AirAsia Group’s strategic acquisition of its aviation businesses’. This ...
We're Social