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No merger of AirAsia's aviation business - Tony Fernandes

Tan KW
Publish date: Mon, 05 Dec 2022, 06:42 PM
Tan KW
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KUALA LUMPUR: There will be no merger of AirAsia's aviation arm businesses into one new entity, instead all aviation operations will be injected under one existing structure, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

He said this implied that four airlines under Capital A, namely AirAsia Malaysia, AirAsia Thailand, AirAsia Philippines, and AirAsia Indonesia, and AirAsia X Bhd (which operates AAX Malaysia and AAX Thailand) will be operating separately under AirAsia Aviation Group (AAG).

"We are just injecting AirAsia airlines into AAX’s listing status...there is no merger. AAX will be renamed as AAG and there will be six airlines under it.

"As one company, we can take out a lot of costs, but there will be separate operations by each individual airline," he told the media after launching the AirAsia SUPER Plus Unlimited subscription package here, today.

 

 

https://www.thestar.com.my/business/business-news/2022/12/05/no-merger-of-airasia039s-aviation-business---tony-fernandes

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