KUALA LUMPUR: Capital A Bhd has submitted its extraordinary general meeting (EGM) circular to Bursa Malaysia, which details the proposed disposals of ...
Deputy Transport Minister Datuk Hasbi Habibollah receiving a souvenir from Bo Lingam at a ceremony marking the delivery of the Airbus A321neo at AirAsia RedQ, KLIA. – Bernamapic
Capital A said in a statement today that this pivotal move is a major step forward in its effort to regularise its financial position and is part of a strategic plan to streamline operations and concentrate on specialised areas supplementary to the aviation business. AirAsia Aviation Group CEO Bo Lingam said, “We are on the cusp of a new chapter for our aviation group. Our strong ancillary revenue model and strategic financial initiatives have positioned us to emerge stronger than ever as we look forward to fully reactivating all our aircraft by end of this year and await an exciting 2025. This remarkable turnaround will be supported by a valuable order book and a versatile fleet of Airbus A321LR and A321XLR aircraft.
In a separate development, AirAsia Group took delivery of four brand new Airbus A321neo planes, expanding the airline’s total fleet to 221 aircraft. With the addition of these four A321neos, AirAsia now has eight operational A321neos serving AirAsia Malaysia and Thailand.
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