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Thursday, May 9, 2024

Bangkok Post – AirAsia looks outside Asean after divestment

Separate company to offer aviation consulting

Mr Fernandes, who recently postponed his retirement for five years, says AirAsia Group will continue to focus on airlines in Southeast Asia.

AirAsia wants to extend beyond Southeast Asia by offering aviation consulting and planning, separating aviation from non-aviation ventures.

Tony Fernandes, chief executive of Capital A, said the company completed a conditional sales and purchase agreement for Capital A’s strategic divestment and AirAsia Group’s strategic acquisition of AirAsia airlines.

According to the announcement…

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