KUALA LUMPUR: Capital A Bhd, which owns Malaysia's flagship budget airline AirAsia, is forming an independent board for its aviation arm while mulling a separate listing of the business as the market recovers, its chief said on Friday.
KUALA LUMPUR, Feb 11 ― Capital A Bhd (formerly known as AirAsia Group Bhd), expects the airline business to see a full recovery in the fourth quarter of this year (Q4 2022) ― back to the pre-Covid-19 levels ― due to pent-up demand in light of the reopening of many international borders. Chief.