Former Civil Aviation Authority of Malaysia (CAAM) chief executive officer Datuk Captain Chester Voo Chee Soon is set to join AirAsia Aviation Group Ltd (AAAGL), the aviation arm of Capital A Bhd, as the group chief operating officer, The Edge has learned.
The worst is over for the aviation sector after the 2022 turnaround, says Hong Leong Investment Bank (HLIB) Research. In a note on Friday (Dec 23), the research house said it expects 2023 to be earnings accretive for the sector as demand for air travel in Malaysia is expected to increase near pre-pandemic 2019 levels.
Air India is carving out an ambitious renaissance under the Tata Group conglomerate, which regained control earlier this year after the airline was nationalised nearly seven decades ago.
PETALING JAYA: Capital A Bhd has clarified that there is no plan for a merger between AirAsia Bhd and AirAsia X Bhd (AAX), but a separate publicly-quoted aviation group will be formed under the proposed Practice Note 17 or PN17 exit strategy.
KUALA LUMPUR: Capital A Bhd has clarified that there is no plan for a merger between AirAsia Bhd and AirAsia X Bhd (AAX), but a separate publicly-quoted aviation group will be formed under the proposed Practice Note 17 (PN17) exit strategy.