AirAsia

Fernandes has agreed a deal with Aetherium Acquisition, a special purpose acquisition company trading on NASDAQ, and plans to list several businesses through it next year, the FT reported.

Airasia superapp continued to gain strong momentum, recording its highest quarterly average monthly active users (MAU) of 15 million in the second quarter of 2023, up 40 percent year on year. This led to a 102 percent year on year jump in the number of transactions at 7.9 million.

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…

The listing in the US market would be attractive given the liquidity and the diverse investor reach that it can provide, Capital A previously said.

Airasia Super App, has become the first in Asia to provide gig riders with full-time employment, as part of its commitment in giving them a better working environment and job stability, while enhancing income opportunities for the riders.

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last two years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which offer…

Travel tech firms are finally able to hope for a better year as Malaysia reopens for international travelers after two years. But still, the recovery of the traveling industry may not be a smooth one as a sub-variant of the highly transmissible Omicron version of coronavirus, BA.2, is now dominant worldwide, prompting surges in countries across US, Europe…

Capital A is exploring other available debt financing alternatives with acceptable terms suitable to the operations and financing requirements of the company.

Malaysia's AirAsia Group Berhad has announced a name change for the group holding company to become Capital A Berhad, to reflect the group’s new core business strategy as an investment holding company with a portfolio of synergistic travel and lifestyle businesses, which have rapidly transformed the AirAsia brand into much more than just an airline.. By…

AirAsia has been aggressively building its digital businesses and its Asean Super App over the last two years as most of its planes were grounded due to the ongoing COVID-19 pandemic.