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Capital A Completes $226 Million Private Placement, Eyes PN17 Exit in May 2025

ByAdmin

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.

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Tony Fernandes Criticizes Sustainable Aviation Fuel Viability

ByAdmin

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.