, has announced that it plans to list its brand management and leasing businesses in the US Nasdaq stock exchange through a blank check company.
Under the plan, Capital A International, a new “investment and strategic development company, will be created. Capital A International will then acquire 100% equity interest in the company holding AirAsia’s brand rights and an aircraft leasing company, both of which are currently under Capital A Berhad.”
“This is only affecting our brand company, AirAsia Brand Co. and leasing company, Fleet Leasing Co,” a spokesperson from AirAsia Philippines told Rappler on Friday.