Capital A Bhd, formerly known as AirAsia Group Berhad, said Thursday listing in the United States market would be attractive given the liquidity and the diverse investor reach that it can provide.

Its Chief Executive Officer Tony Fernandes said in a statement that the group is evaluating all fundraising options, including private placement, direct listing or listing via a merger with a Special Purpose Acquisition Company (SPAC).

The firm has also received a clean audit report by Auditors Ernst & Young, which was tabled at the annual general meeting and received by the shareholders, denoting confidence in Capital A’s ability to continue business for the future.

According to Fernandes, the clean audit report is a key step forward to expedite removal of PN17 status which he is confident of exiting in the coming months.

“The PN17 regularisation plans are on track, which the management team is developing, taking into consideration multiple solutions without proposals for capital dilution or equity raising. We are confident of meeting the deadline to submit the plan to Bursa Malaysia by early January 2023,” he said.

Citing strong air travel demand and plans to recover to pre-Covid capacity, he said the airlines have strategic plans in place to paint the skies red once again with a leaner and more robust model for a successful and viable operation for the future.

On the digital side, he said the group will continue to forge ahead with its ambitions to become the leading super app of choice in Asean, Teleport to be the leading logistics provider with the best and fastest coverage and BigPay to be the neobank that provides the best value across our suite of financial products.

“We strive to be the preferred choice for customers in delivering the best value and high quality at the lowest cost for everyone,” he said.

Tony Fernandes plans US listings for AirAsia airline & super app – report