Malaysia’s Capital A to Merge Aviation Business Under AirAsia X

[ad_1] Malaysia’s Capital A Bhd., which operates budget carrier AirAsia, will hive off its aviation business to its long-haul affiliate as the group seeks to streamline its operations and gain…

Commentary: AirAsia boss Tony Fernandes’ topless massage during meeting is not ‘open’ workplace culture

[ad_1] Perhaps, Mr Fernandes’ behaviour could be justified as part of a relaxed, easy-going and informal workplace culture – where staff do not bat an eye at the big boss…

Capital A to list on Nasdaq via SPAC deal

[ad_1] KUALA LUMPUR: Capital A Bhd has entered into a letter of intent (LOI) with Aetherium Acquisition Corp (GMFI), a special purpose acquisition corporation (SPAC) listed on the Nasdaq in…

AirAsia parent plans to raise more than US$1bil in debt, equity – FT

[ad_1] Capital A, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, the Financial Times reported on Wednesday. CEO Tony Fernandes is preparing…

Travellers may have more flight options as AirAsia looks to close aircraft deal with Airbus

[ad_1] Some other risk factors that could lead to increased cost are soaring crude prices which climbed to the highest this year on Thursday, and weaker Asian currencies against the…

Low-cost airline kingpin prepares for life after AirAsia

[ad_1] One of the best-known names in global aviation is preparing to step back from the front lines. Tony Fernandes, the larger-than-life character credited with revolutionizing budget air travel in…