AirAsia Parent Clarifies Divestment Plan As It Returns To Profitability

AirAsia X Thailand A330neo

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...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

AirAsia Parent Clarifies Divestment Plan As It Returns To Profitability is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.