AirAsia Parent Clarifies Divestment Plan As It Returns To Profitability

Chen Chuanren December 01, 2022
AirAsia X Thailand A330neo

AirAsia X Thailand Airbus A330neo

Credit: Airbus
SINGAPORE—AirAsia parent company Capital A has finalized plans to divest its aviation portfolio and merge it with long-haul affiliate AirAsia X. The move is aimed at lifting the company out of the negative PN17 label placed by the Kuala Lumpur Stock Exchange on companies in financial difficulty. In...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

AirAsia Parent Clarifies Divestment Plan As It Returns To Profitability is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

Login Learn How

Related Content

jetSMART
JetSmart Eyes Argentina Growth Potential
Alaska Airlines
Alaska Airlines Takes First 737 MAX 8, Plans 737-800 Updates
Azul
Azul Expands A330-900 Firm Orders To Seven
Amy Leversidge
UK Airline Pilots Union Elects New General Secretary
Southwest Airlines
Daily Memo: Southwest Sees Widening Gaps Between U.S. Carriers
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How