Capital A

Capital A, the parent company of Malaysia-based low-cost carrier, has announced a blueprint to grow its digital businesses under the leadership of President, Commercial of Capital A Colin Currie who will hold dual roles including the Chief Executive Officer of airasia Digital position.

Capital A Berhad, the parent company of Asia’s leading low-cost carrier, AirAsia, has on Wednesday reiterated its commitment to transparent communications and better customer experience for all of its guests, as part of its vision to become the most communicative, responsive and answerable brand in the region.

Capital A has launched mobile gifting offering aptly named ‘airasia gifts’, in partnership with COOP Marketing Group, a South Korean mobile voucher industry player who has also been establishing strong footprints in the ASEAN region.

Capital A’s digital businesses, airasia super app achieved 9.5 million average Monthly Active Users (MAU) in the third quarter of 2022, up 161 percent compared to the same period last year.

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.

Capital A Berhad's digital businesses, airasia Super App achieved a record high growth in average monthly active users (MAU) which stood at 10.6 million in the second quarter of 2022, up 236 percent compared to the same period last year.

Capital A Bhd, which owns Malaysia's budget airline AirAsia, said Thursday listing in the United States market would be attractive given the liquidity and the diverse investor reach that it can provide.

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.