Tag: Tony Fernandes
AirAsia owner Capital A signs LOI for SPAC listing in US
Capital A, the investment holding company of AirAsia, airasia MOVE (formerly known as airasia Superapp), logistics venture Teleport, and Capital A aviation services group,...
Fernandes clarifies AirAsia X plans
There will be no merger of AirAsia's aviation arm businesses into one new entity, according to Capital A CEO Tony Fernandes, who told Malaysian...
Fernandes steps down as acting CEO at AirAsia X
AirAsia X (AAX) announced key changes in the senior management team as it prepares for the next phase of growth as a mid-range airline....
Malaysia’s Capital A ponders US listing
Malaysian aviation group Capital A, formerly known as AirAsia said 16 June it was evaluating fundraising options for a planned US listing, as it...
AirAsia Group plans to raise US$113 million in private share sale
AirAsia Group announced it plans to raise $113 million in a private share sale to improve its financial performance and to address its cash...
AirAsia Group creates MRO for owned planes and other airlines in...
AirAsia Group announced Wednesday (9 September) that it had created a new MRO company called Asia Digital Engineering, a wholly-owned subsidiary that will provide...
AirAsia Group posts net loss for Q2
Malaysian airline AirAsia reported Tuesday (25 August) that it posted a net loss of RM1.2 billion (US$287.76 million) , compared to RM47 million in...
AirAsia says board ‘confident’ LCC will survive
Malaysia’s AirAsia Group, headed by flamboyant founder and CEO Tony Fernandes, said Thursday (9 July) that despite the company’s auditors warning the low-cost carrier...
AirAsia’s auditors express ‘significant doubt’ airline can continue as ‘going concern’
Malaysia’s storied AirAsia, founded by Tony Fernandes, appears to be in deep trouble after the company’s auditors filed a report with the stock exchange...
AirAsia warns over scam using founder’s name
AirAsia said Monday (13 April) that fraudsters were trying to scam the public with fake links to a non-existent foundation said to be linked...