AirAsia Group has changed its name to Capital A after it was tagged as a 'financially distressed firm' - SoyaCincau

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The name change to Capital A is a part of the group's 'new core business strategy' to transform AirAsia into 'much more than just an airline'. The shift also features a new logo, which weirdly looks a lot like the Airbnb logo.

“Just like what the airline has done from day one, all of our different lines of business will deliver the same strategy that is underscored by doing what we do best—making travel and everyday lifestyle services affordable, accessible and inclusive to all,” continued Fernandes.under Kuala Lumpur Stock Exchange —which puts it at risk of being delisted. After that, the company said that it was working on a plan to “regularise its financial condition”.

“We have pivoted, we have transformed and we have a five-year plan in place which will see nonairline revenues contributing around 50 percent of overall Group revenue by 2026. Once the airlines return to pre-Covid levels in the near future all of our other lines of business will benefit significantly and will all soar to new heights in tandem with one another,” Fernandes added.Group airlines connecting over 1 billion people in Asean.

The engineering division becomes an industry leader for maintenance, repair and overhaul services in Southeast Asia.10 million monthly active users for BigPay.5 million sign ups for edutech arm AirAsia Academy.

 

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airasia can’t even honor ticket refund….

PN 17🤔

They copy Facebook by changing name. Hahaha.

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AirAsia changes name to Capital A to reflect new core strategyKUALA LUMPUR: AirAsia Group Bhd has finalised the name change of its listed holding company to Capital A Bhd to reflect its growing portfolio of travel and lifestyle businesses.
Source: staronline - 🏆 4. / 75 Read more »