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 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.
Tony Fernandes, co-founder of AirAsia (Malaysia), has expressed skepticism about the practicality of sustainable aviation fuel (SAF), calling it an idea that “makes absolutely no sense.” Instead, Fernandes advocates for the aviation industry to focus on adopting new-technology aircraft and engines to achieve sustainability goals.
