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Capital A announces strategic disposal of aviation business to AirAsia X

KUALA LUMPUR- Capital A Berhad, the leading aviation and travel services group and parent company of AirAsia, today announced that it has entered into a non-binding letter of offer with AirAsia X.

AirAsia X to acquire Capital A s aviation business | Borneo Bulletin Online

BERNAMA – Capital A Bhd has entered into a non-binding letter of offer with AirAsia X Bhd (AAX) for the proposed disposal of its aviation business, namely AirAsia Bhd (AirAsia Malaysia) and AirAsia Aviation Group Ltd (AAAGL). AAAGL operates passenger airline services through subsidiaries in Thailand, Indonesia, the Philippines and Cambodia. Chief Executive Officer Tan […]

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