News Formal

Capital A shareholders approve disposal of aviation business to AirAsia X

  • 📰 staronline
  • ⏱ Reading Time:
  • 29 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 75%

Aviation News

Capital A,Disposal,Aviation

A Thai cook who became the first Bangkok street food vendor to earn a coveted Michelin star has said she plans to retire, possibly as early as next year.

In a statement, the group said this move marks a pivotal milestone that will allow them to focus on the four strategic pillars that will drive its transformation into a future-proofed tech-driven aviation service.

“Separating the aviation and non-aviation businesses allows us to sharpen our focus on maturing the high-growth aviation support services and digital businesses we have built to support the aviation business,” he said. “From digital travel to logistics and brand management, we are building a robust, tech-powered aviation services ecosystem. Today’s approval from our shareholders also paves the way for Capital A to move to a clean balance sheet that will provide the clarity and flexibility to finalise our regularisation plan and exit PN17 status soon,” he noted.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AirAsia X shareholders approve acquisition of Capital A’s aviation businessPETALING JAYA: AirAsia X (AAX) shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviatio...
Source: theSundaily - 🏆 25. / 51 Read more »

AirAsia X shareholders approve acquisition of Capital A's RM6.8bil aviation business(Reuters) - Brazil enjoyed a thumping 4-0 win over Peru in a 2026 World Cup qualifier on Tuesday to build on the momentum from last week's come-from-behind win in Chile but head coach Dorival Junior said his side remain very much a work in progress.
Source: staronline - 🏆 4. / 75 Read more »

AirAsia X shareholders approve acquisition of Capital A’s RM6.8b aviation businessKUALA LUMPUR, Oct 16 — AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the...
Source: malaymail - 🏆 1. / 86 Read more »