KUALA LUMPUR, March 10 — A private placement to raise RM1 billion (US$226 million) by Malaysia’s Capital A, owner of budget airline AirAsia, was “done”, group chief executive officer Tan Sri Tony Fernandes said on Monday, as the company edges closer to completing a reorganisation plan.

KUALA LUMPUR, April 26 — 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.

KUALA LUMPUR, April 25 — 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.

KUALA LUMPUR, April 24 — Capital A Bhd's Aviation Services has expressed interest in acquiring airports across Asean as part of its next five-year business plan.

KUALA LUMPUR, April 24 — Capital A's Tony Fernandes said on Wednesday he has agreed to put aside retirement plans and has signed a new five-year contract to continue as chief executive of the company, the operator of budget airline group AirAsia.

KUALA LUMPUR, March 24 — Asia Digital Engineering (ADE) is well positioned for substantial growth in the coming years as plans are underway to establish a new maintenance, repair and overhaul (MRO) hangar facility at the Kuala Lumpur International Airport (KLIA), its chief executive officer (CEO) Mahesh Kumar said.

KUALA LUMPUR, Nov 27 — 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.

KUALA LUMPUR, April 27 — Capital A Bhd registered strong passenger traffic of 13.2 million in the first quarter ended March 31, 2023 (1Q FY2023), representing a 153 per cent year-on-year (y-o-y), and 11 per cent quarter-on-quarter (q-o-q) growth respectively, due to increased operating aircraft and robust travel demand.

REUTERS, March 1 — Capital A Berhad, parent of budget airline AirAsia, returned to profitability in the fourth quarter, benefiting from strong pent-up demand for air travel and said China's reopening would further improve its business.

KUALA LUMPUR, Feb 10 — Capital A Bhd, the parent company of low-cost airline AirAsia, has expressed confidence that local airport tax charges imposed by the government will remain reasonable as part of the effort to boost tourism in the country.

SEPANG, Feb 8 — Capital A Bhd, the parent company of AirAsia, has introduced the all-new ‘Ask Bo’ virtual assistant that features enhanced artificial intelligence (AI) and machine learning (ML) capabilities, replacing the AirAsia Virtual Allstar (AVA).

KUALA LUMPUR, Jan 26 — Capital A Bhd’s Consolidated Airlines reported an increase in the number of passengers to 24.2 million in the financial year 2022 (FY2022), up by 404 per cent year-on-year (y-o-y), exceeding the 345 per cent y-o-y jump in capacity.

KUALA LUMPUR, Jan 9 — Malaysia’s aviation sector is set for profitability in 2023 as passenger traffic continues to recover, with jet fuel prices easing and airfares remaining high, said Maybank Investment Bank Bhd (Maybank IB).

KUALA LUMPUR, Dec 5 — There will be no merger of AirAsia’s aviation arm businesses into one new entity, instead all aviation operations will be injected under one existing structure, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

KUALA LUMPUR, Nov 30 — Malaysia's Capital A will combine its AirAsia budget airline business with long-haul offshoot AirAsia X as part of a corporate restructuring designed to shed its status as a financially-distressed firm, chief executive officer Tan Sri Tony Fernandes said.

KUALA LUMPUR, Nov 3 — Capital A Bhd shares fell in early trade today following its announcement of the disposal of its remaining 16.33 per cent stake in AirAsia India (AAI) for gross proceeds of RM89.23 million.

KUALA LUMPUR, Nov 2 — AirAsia Aviation Group Ltd (AAAGL), the holding company of Capital A Bhd’s airline group, has entered into a share purchase agreement with Air India Ltd to sell the remaining 16.33 per cent stake held in AirAsia (India) Private Ltd (AAI) to Air India.

DANAU TOBA, Sept 5 — Capital A Bhd is progressing with plans for the listing of AirAsia Aviation Group Ltd and airasia Super App in New York.

KUALA LUMPUR, June 17 — Malaysian aviation group Capital A Berhad said on Thursday it was evaluating fundraising options for a planned US listing, as it looks to shake off its classification as a financially distressed firm by Malaysia's stock exchange.

KUALA LUMPUR, April 8 — Capital A Bhd expects to return to profitability in 2023 in line with the anticipated recovery in travel demand by year-end, said chief executive officer Tan Sri Tony Fernandes today.