AirAsia parent plans to raise more than $1 billion in debt, equity

Capital A CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal. This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said. Capital A and Aetherium Acquisition did not immediately respond to Reuters' requests for comment.

Related Keywords

Bangkok , Krung Thep Mahanakhon , Thailand , Bengaluru , Karnataka , India , Malaysia , Nilutpal Timsina , Muralikumar Anantharaman , Tony Fernandes , Airasia , Reuters , Bangkok Bank , Financial Times , Aetherium Acquisition , Bursa Malaysia Securities , Special Purpose Acquisition Company ,