AirAsia Parent Clarifies Divestment Plan As It Returns To Profitability
AirAsia X Thailand Airbus A330neo
Credit: Airbus
SINGAPORE—AirAsia parent company Capital A has finalized plans to divest its aviation portfolio and merge it with long-haul affiliate AirAsia X. The move is aimed at lifting the company out of the negative PN17 label placed by the Kuala Lumpur Stock Exchange on companies in financial difficulty. In...
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