Capital A

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.

Malaysia-based multinational low-cost airline Capital A is entering into a partnership with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, involving three key subsidiaries, namely AirAsia, airasia Superapp, and BigPay.

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…

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.