Capital A Berhad

Airline Group

Address: Lot 4, Level 2, Stesen Sentral Kuala Lumpur, 50470, Malaysia

About

Capital A Berhad (formerly AirAsia Group) is a multi-national airline group headquartered in Kuala Lumpur, Malaysia. Originally founded in 1993, the group now operates a network of low cost carriers including AirAsia, AirAsia India, Philippines AirAsia, Indonesia AirAsia and Thai AirAsia.

While AirAsia, based at Kuala Lumpur International Airport, is the core airline in the company, Capital A retains significant oversight and equity holdings in the franchises it operates throughout Asia. All member airlines utilise the 'AirAsia' brand and employ identical low cost business models. The AirAsia X Group control the brand's long haul carriers including AirAsia X, Thai AirAsia X and Indonesia AirAsia X.

Capital A members include:

AirAsia (Dec-2001)
Thai AirAsia (Feb-2004)
Indonesia AirAsia (Dec-2005)
Philippines AirAsia (Oct-2011)
AirAsia Zest (May-2013; ceased operations in Dec-2015)
AirAsia India (Jun-2014)
AirAsia Japan (launched on 29-Oct-2017; ceased operations in Oct-2020)
AirAsia Cambodia (startup)
AirAsia Sri Lanka (unspecified)

AirAsia Group proposed to change its name from 'AirAsia Group' to 'Capital A Berhad'. The proposed name was approved by the Companies Commission of Malaysia and reserved by the company on 28-Dec-2021.

On 28-Jan-2022, AirAsia Group changed the name of its group holding company to Capital A, reflecting a new core business strategy as an investment holding company with a portfolio of travel and lifestyle businesses. The change from AirAsia Group to Capital A will not have any effect on the company's ongoing operations. The AirAsia stock name on the main board of Bursa Malaysia Securities changed with immediate effect to reflect the new company name.

On 29-Dec-2020, AirAsia Group and TATA Group signed an agreement for TATA Group to purchase 490 million AirAsia India shares from AirAsia Group for USD37.7 million. This will increase TATA Group's stake in AirAsia India by 32.67% to 83.67% and reduce AirAsia Group's stake in the LCC from 49% to 16.33%. TATA Group also plans to increase its stake in AirAsia India from 83.67% to 100%.

Subsidiaries

Airline	IATA	ICAO
AirAsia	AK	AXM
AirAsia Cambodia	n/a	n/a
AirAsia India	I5	IAD
AirAsia Sri Lanka	n/a	n/a
Indonesia AirAsia	QZ	AWQ
Philippines AirAsia	Z2	APG
Thai AirAsia	FD	AIQ

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