Capital A discloses new listing plans after $1.4b merger deals

Capital A discloses new listing plans after $1.4b merger deals

Planes from AirAsia, a subsidiary airline of Capital A, are seen on the tarmac of Kuala Lumpur International Airport Terminal 2 (KLIA2) in Sepang, Malaysia, February 26, 2024. REUTERS/Hasnoor Hussain/File Photo

Malaysian airline operator Capital A, also the parent of AirAsia, announced deals worth 6.8 billion ringgit ($1.42 billion) on Thursday, in a move to create a new listed entity and streamline operations by merging various airline affiliates.