Consolidation of AirAsia's Aviation Assets to Strengthen Kuala Lumpur as LCC Hub
KUALA LUMPUR, MALAYSIA: AirAsia X Bhd (AAX) and Capital A Bhd have made headlines recently as the companies received their shareholders’ approval to proceed with plans to combine all of the latter’s aviation businesses under AAX.
The combination involves Capital A selling its aviation businesses, which includes AirAsia Bhd (AAB) and AirAsia Aviation Grou…
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