Six-Year Consolidation Process Ends For AirAsia Group
AirAsia X has successfully completed its acquisition of AirAsia Berhad and AirAsia Aviation Group Limited from Capital A, marking the end of a six-year consolidation process. The transaction consolidates all AirAsia-branded airlines under a single platform, AirAsia Group, while Capital A focuses on growing its non-aviation portfolio. According to AeroTime, the deal settles a $936 million debt and is expected to unlock operational and financial efficiencies for the group.