(Bloomberg) Malaysia’s Capital A Bhd., which operates budget carrier AirAsia, will hive off its aviation business to its long-haul affiliate as the group seeks to streamline its operations and gain better access to financing. Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderChina Says It Caught Foreign Consultant Spying for UK’s MI6The company entered into a non-binding offer to sell its Malaysian airl
AirAsia to merge with AirAsia X after Capital A divestment flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.
AirAsia said it was banking on the Philippines to drive its growth given the country's “tourism potential,” with plans to launch flights to the United States by next year.
SEPANG, Jan 8 AirAsia Aviation Group has appointed Datuk Captain Chester Voo as deputy group chief executive officer (CEO) of airline operations and Farouk Kamal as deputy.
Malaysia's Capital A to Merge Aviation Business Under AirAsia X bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.