Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Capital A Bhd may seek to re-acquire the 50% stake in ground-handling unit Ground Team Red Holdings Sdn Bhd (GTR) that will be sold to AirAsia X Bhd (AAX) in the ongoing restructuring exercise.
Capital A CEO Tan Sri Tony Fernandes said the low-cost carrier, which will soon merge with AirAsia X Bhd (AAX), to incorporate a “sustainability fee soon”.
KUALA LUMPUR: Capital A Bhd shares rose to its highest in over three months yesterday, following the company’s proposal to merge its short and long-haul airline operations last Thursday.
AirAsia X Bhd’s (AAX) passenger load factor rose to 83% in the first quarter of this year (1Q2024), from 80% in the same period a year earlier, driven by robust travel demand.
KUALA LUMPUR: AirAsia X Bhd (AAX) posted a solid passenger load factor (PLF) of 83%, an increase of three percentage points year-on-year (YoY) in the first quarter of 2024.
KUALA LUMPUR (April 29): Capital A Bhd said on Monday that the number of passengers it carried rose 17% year-on-year (y-o-y) to 15.4 million in the first quarter of 2024 (1Q2024), on the back of strong travel demand during the school holidays and Chinese New Year.
Shares of Capital A Bhd and AirAsia X Bhd (AAX) climbed further during Monday’s morning trading session, riding on a proposal announced last Thursday to merge the short- and long-haul airline operations of both companies.