AirAsia is exploring a potential fleet expansion with the COMAC C919, marking what could become a historic order for the Chinese-built narrowbody aircraft. Tony Fernandes, CEO of Capital A, AirAsia’s parent company, revealed during the Belt and Road Summit in Hong Kong that the group is in active discussions with COMAC to acquire the type. If finalized, this would make AirAsia the first foreign…
Capital A, the parent company of AirAsia, is actively considering a major fleet expansion with plans to purchase between 50 and 70 A321XLR aircraft, and is also in discussions to acquire as many as 100 regional jets, either the Airbus A220 or Embraer’s E2 series. However, CEO Tony Fernandes emphasized that the company’s immediate priority remains the completion of its ongoing restructuring process.
Capital A, the Malaysia-based parent of AirAsia, has secured approval from its shareholders and debtholders for a capital reduction plan valued at up to $1.4 billion. This strategic move is designed to help the company restructure its financial obligations and improve its overall balance sheet health.
Capital A, the parent company of AirAsia, is aiming to complete its Proposed Regularization and Restructuring Planby June 2025, marking a pivotal step in its post-pandemic recovery roadmap. The plan includes major financial and operational restructuring, with significant implications for the group’s airline subsidiaries and broader aviation assets.
Capital A, the Malaysian aviation group and parent company of AirAsia, is actively exploring the possibility of listing on the Hong Kong Stock Exchange as part of its long-term strategic objectives. This initiative is driven by the company’s ambition to expand its access to global capital markets and better position itself for future growth and investment opportunities.
Capital A, the parent company of AirAsia, has taken a major step forward in its corporate restructuring process by issuing a Circular to Shareholders that outlines its Proposed Regularisation Plan. The plan includes a capital reduction of up to $1.3 billion, which aims to facilitate the company’s exit from Practice Note 17 (PN17) status on the Bursa Malaysia stock exchange.
Capital A, the parent company of AirAsia, has successfully completed its $226 million private placement, according to Group CEO Tony Fernandes. While the investment round is finalized, no details on the investors have been disclosed. The funds are expected to support Capital A’s ongoing restructuring and expansion strategy.
Capital A, the parent company of AirAsia, has secured approval from Bursa Malaysia Securities for its proposed regularisation plan, a key milestone in its efforts to exit Practice Note 17 (PN17) status. This approval allows the company to move forward with its financial restructuring and business reorganisation, reinforcing its long-term growth strategy.
AirAsia X (Malaysia) has announced a mutual agreement with Capital A (Malaysia) to extend the deadline for completing its proposed acquisition of Capital A’s aviation business, which includes AirAsia Aviation Group and AirAsia. The revised timeline now extends from 25 January to 24 March 2025.
Capital A, the parent company of AirAsia and several other subsidiaries, has taken a significant step in its recovery process by submitting its Proposed Regularization Plan to Bursa Malaysia Securities. This marks a pivotal move in the company’s journey to exit the Practice Note 17 (PN17) status, which is associated with financial distress.
