Tony Fernandes travel tips

Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a blank-cheque company, the Financial Times reported on Wednesday.

Capital A has announced an agreement for the divestment of its airline business and the acquisition of AirAsia X, forming a unified AirAsia Group.

Capital A—the parent of budget carrier AirAsia that’s owned by tycoons Tony Fernandes and Kamarudin Meranun—is merging its various airline affiliates across Southeast Asia in a deal valued at 6.8 billion ringgit ($1.4 billion).

Looking to establish itself as the number 1 online travel agency in Southeast Asia, Air Asia Move, previously known as AirAsia superapp, announced the launch of its ASEAN Explorer Pass on Thursday.

AirAsia's CEO Tony Fernandes said he doesn't regret posting his shirtless photo on LinkedIn as the viral post garnered him a lot of publicity.

AirAsia Move is serious about an IPO – but first the timing and the business mix needs to be right.

AirAsia parent company Capital A announced on Wednesday that it will be listing in the U.S. public markets.

AirAsia superapp, now rebranded as “airasia MOVE,” announced the launch of ticketing platform MOVETIX on Monday.

AirAsia launched a special tribute livery dedicated to the late Datuk Irene Benggon Charuruks. She was a Sabah tourism icon and the former General Manager of the Sabah Tourism Board.

The words “shirtless” and “official meeting” may not appear in the same sentence often, but trust AirAsia parent Capital A CEO Tony Fernandes to do things differently.

Capital A Berhad, parent of Malaysian budget airline AirAsia, expects to see the carrier’s operations returning to pre-pandemic levels by December, Capital A CEO Tony Fernandes told Reuters on Monday.

Malaysia’s Capital A will not be merging its airlines, but will instead move all the carriers under one existing structure, similar to how British Airways, Iberia Airline, and Aer Lingus operate under the International Airlines Group umbrella, said CEO Tony Fernandes on Monday.

Capital A Berhad, the parent of Malaysian budget airline AirAsia, reported a narrower third-quarter operating loss on Wednesday, buoyed by a strong rebound in travel demand and the easing of pandemic-related restrictions in Southeast Asia.

Good morning from Skift. It’s Monday, December 12. Here’s what you need to know about the business of travel today.

Malaysia’s Capital A has submitted plans for a corporate restructuring, which will involve the merger of its low-cost airline AirAsia with long-haul carrier AirAsia X.

AirAsia Aviation Group on Friday announced a joint venture with Cambodia-based Sivilai Asia to launch a new low-cost carrier — AirAsia Cambodia.

Now that Covid is “officially over,” so is AirAsia superapp’s ambitions of being a lifestyle superapp.

AirAsia on Tuesday announced the appointment of Mohamad Hafidz, who is currently the chief fintech officer, as the acting CEO of AirAsia superapp from April 1 onwards. 

Capital A’s long-haul budget carrier AirAsia X reported its return to black with a net profit of $71 million and a revenue of $119 million in the first quarter of 2023.