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, known formerly as the AirAsia Group, today announced the appointment of Tan Sri Jamaludin Ibrahim as non-executive chairman of its airline arm, as part of a corporate reorganisation aimed at turning the ailing budget carrier’s fortunes around. Tan Sri Tony.