News
Malaysia’s highest court approves Capital A capital reduction structuring
March 24th 2025
The High Court of Malaysia has confirmed Capital A’s share capital reduction and repayment scheme as part of the transfer of its aviation assets to sister company AirAsia X (AAX). Read More » Capital A CEO, Tony Fernandes, said: “The confirmation from the High Court provides us with the clarity we need to move ahead with the proposed distribution and other key initiatives. We are fully committed to ensuring a seamless transition for all stakeholders as we continue to reshape Capital A into a leaner, more focused travel and digital business. We appreciate the patience and support of our shareholders, partners and regulators as we work through this process.” Once the transaction is complete, Capital A will focus on aviation services, digital products, a logistics arm and a licensing and partnerships business. AAX will be home to AirAsia branded airlines in Cambodia, Indonesia, Malaysia, the Philippines and Thailand as well as existing AAX operations.
