Capital A to sell aviation business to AirAsia X to consolidate brand

Capital A to sell aviation business to AirAsia X to consolidate brand

Capital A Berhad's logo is seen among its subsidiary companies during a ceremony announcing a name change of the group holding company from AirAsia Group Berhad, in Kuala Lumpur, Malaysia, January 28, 2022. REUTERS/Hasnoor Hussain/File Photo

Malaysia’s Capital A Berhad said on Monday it intends to sell its aviation business to AirAsia X Bhd, with a goal of consolidating both long and short-haul airlines under the AirAsia brand.