Founder and Chief Executive of Capital A Bhd Tony Fernandes delivers a speech during a ceremony announcing a name change of the group holding company from AirAsia Group Bhd in Kuala Lumpur on Jan 28, 2022. (Reuters photo)
KUALA LUMPUR: Capital A Bhd, which owns Malaysia’s flagship budget airline AirAsia, is forming an independent board for its aviation arm while mulling a separate listing of the business as the market recovers, its chief said on Friday.
Capital A Chief Executive Tony Fernandes told reporters in a virtual briefing that all companies under the group, including the airline, would be managed independently, and that the parent group intends for the airline to list.
“I think that’s up to the board at the right time when they think they need to list and raise capital independently, but…
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